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HomeMy WebLinkAbout1994-153 CCRMember Celia Scott introduced the following resolution and moved its adoption: RESOLUTION NO. 94 153 RESOLUTION AUTHORIZING THE DEVELOPMENT OF FEASIBILITY REPORTS FOR PROPOSED 1995 NEIGHBORHOOD STREET IMPROVEMENT PROJECTS WHEREAS, development of a plan for street improvements must be based on reliable needs evaluation and cost estimates, citizen participation to assure citizen understanding and support, evaluation of alternative design concepts, consideration or costs v. benefits for property owners and the City, and an overall feasibility evaluation; and WHEREAS, the City Council by Resolution No. 93 -146 established Improvement Project Nos. 1994 -05 and 1994 -06, Street and Utility Improvements on Humboldt Avenue, 69th to 73rd Avenues; and WHEREAS, the City Council by Resolution No. 93 -173 established Improvement Project Nos. 1994 -07 and 1994 -08, Street and Utility Improvements on 73rd Avenue, Humboldt to Camden Avenues; and WHEREAS, the City reasonably expects to expend monies from the Capital Improvements Fund, MSA Construction Fund, the Public Utilities Funds, or the Special Assessment Construction Fund, on a temporary basis to pay the expenditures described in this resolution; and WHEREAS, the City reasonably expects to reimburse itself for such expenditures from the proceeds of taxable or tax- exempt bonds, the debt service of which is expected to be paid from property taxes, special assessments, or utility fees. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center, Minnesota that: 1. Improvement Project Nos. 1994 -03, Street Improvements, 57th Avenue North, Logan to Camden Avenues, and 1994 -04, Utility Improvements, 57th Avenue North, Logan to Camden Avenues, are hereby established. 2. Improvement Project Nos. 1995 -01, Street Improvements, Woodbine Neighborhood, and 1995 -02, Utility Improvements, Woodbine Neighborhood, are hereby established. 3. City staff is hereby authorized and directed to assemble and develop such information as may be necessary to develop a reliable needs evaluation and cost estimates, financing options, and preliminary feasibility reports for the above established projects. 1 RESOLUTION NO. 94 -153 ATTEST: 4. Staff is hereby authorized and directed to conduct informational meetings as necessary in each of the above described neighborhoods to present the findings of the preliminary reports. 5. Staff is hereby directed to report the results of said informational meetings to the City Council for further consideration of possible improvement projects. 6. This resolution is intended to constitute official intent to issue taxable or tax exempt reimbursement bonds for purposes of Treasury Regulation 1.105 -2 and any successor law, regulation, or ruling. This resolution shall be modified to the extent required of permitted by Treasury Regulation 1.105 -2, or any successor law, regulation, or ruling. July 25, 1994 Date sz_Leava Deputy Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Dave Rosene and upon vote being taken thereon, the following voted in favor thereof: Todd Paulson, Celia Scott, Dave Rosene, and Barb Kalligher; and the following voted against the same: Kristen Mann, whereupon said resolution was declared duly passed and adopted. Todd Paulson, Mayor