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HomeMy WebLinkAbout1982-241 CCRMember Gene Lhotka introduced the following resolution and moved its adoption: RESOLUTION NO. 82 -241 RESOLUTION APPROVING FIVE YEAR MUNICIPAL STATE AID CAPITAL IMPROVEMENT PROGRAM WHEREAS, it is estimated the City of Brooklyn Center, Minnesota, will receive Municipal State Aid street construction funds in the amount of $458,096 per year for the succeeding five years for use in the construction of the City's designated Municipal State Aid Street System; and WHEREAS, the City must make payment to Municipal State Aid, in the amount of $60,000 per year over the succeeding five years, to retire its bonded indebtedness, resulting in an estimated available allotment of $398,096 for construction purposes each year for the succeeding five years. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL of the City of Brooklyn Center, Minnesota that the following schedule reflects the projected Municipal State Aid funds available for a five year Capital Improvements Program: BE IT FURTHER RESOLVED that the following Five Year Municipal State Aid Capital Improvement Program is hereby approved: Year Location Estimated Cost 1983 Xerxes Avenue bituminous overlay 88,000 from C.S.A.H. 10 to Shingle Creek Parkway Accumulated Funds Year Available 1982 Balance Available (19,158.07) (19,158.07) 1983 Estimated Allotment 398,096.00 378,937.93 Available for Construction 1984 Estimated Allotment 398,096.00 777,033.93 Available for Construction 1985 Estimated Allotment 398,096.00 1,175,129.93 Available for Construction 1986 Estimated Allotment 398,096.00 1,573,225.93 Available for Construction 1987 Estimated Allotment 398.096.00 1,971,321.93 Available for Construction BE IT FURTHER RESOLVED that the following Five Year Municipal State Aid Capital Improvement Program is hereby approved: Year Location Estimated Cost 1983 Xerxes Avenue bituminous overlay 88,000 from C.S.A.H. 10 to Shingle Creek Parkway RESOLUTION NO. 82 -241 I Year Location Estimated Cost 1984 69th Avenue geometric improvements 150,000 at T.H. 152 69th Avenue geometric improvements 95,000 at France Avenue Freeway Boulevard /65th Avenue bituminous 85,000 overlay from Shingle Creek Parkway to T.H. 252 51st Avenue traffic signal at T.H. 152 55,000 France Avenue reconstruction from south 275,000 south limits to 50th Avenue 660,000 1985 Shingle Creek Parkway traffic signal at Freeway Boulevard 55,000 traffic signal at Summit Drive 38,000 traffic signal at John Martin Drive 77,000 traffic signal at Brookdale Square 77,000 Shingle Creek Parkway bituminous overlay 83,000 from C.S.A.H. 10 to F.A.I. 94 330,000 1986 69th Avenue reconstruction from West Palmer 497,000 Lake Dirve to Shingle Creek Parkway 1987 69th 70th Avenue construction from Dupont 190,000 to T.H. 252 73rd Avenue traffic signal at T.H. 252 27,000 70th Avenue traffic signal at T.H. 252 38,000 255,000 December 20, 1982 Date ATTEST: The motion for the Mdoption of the foregoing resolution was duly seconded by member Celia Scott and upon vote being taken thereon, the following voted in favor thereof: Dean Nyquist, Gene Lhotka, Celia Scott, Bill Hawes, and Rich Theis; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted. 5 YEAR TOTAL COST 1982 through 1987 $1,830,000 MayG5�