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HomeMy WebLinkAbout2006-037 CCRMember Kathleen Carmody introduced the following resolution and moved its adoption: RESOLUTION NO. 2006-37 RESOLUTION ORDERING IMPROVEMENTS AND AUTHORIZING DEVELOPMENT OF PLANS AND SPECIFICATIONS FOR IMPROVEMENT PROJECT NOS. 2006-05, 06, 07, AND 08, CONTRACT 2006-B, HUMBOLDT AVENUE AND EARLE BROWN DRIVE STREET, STORM DRAINAGE, AND UTILITY IMPROVEMENTS WHEREAS, the Brooklyn Center City Council on February 13, 2006 authorized consideration of street, storm drainage, and utility improvements in the area generally described as "Humboldt Avenue and Earle Brown Drive Street, Storm Drainage and Utility Improvements"; more specifically described as follows: Humboldt Avenue from Freeway Boulevardl65`h Avenue North to 69th Avenue North; and Earle Brown Drive from the western intersection with Summit Drive to 1700 feet north and east of Summit Drive; and WHEREAS, the Council has previously received and accepted a feasibility report for said proposed improvements, as prepared by the City Engineer; and WHEREAS, said improvements are necessary, cost effective and feasible as described in the feasibility report; and WHEREAS, the City Council on February 13, 2006 adopted a resolution setting a date for a public hearing regarding the proposed improvements for the Humboldt Avenue and Earle Brown Drive project area; and WHEREAS, ten days published notice of the hearing was given and the hearing was held on March 13, 2006, at which time all persons desiring to be heard were given the opportunity to be heard thereon; and WHEREAS, the Council has considered all comments, testimony, evidence and reports offered at or prior to the March 13, 2006 hearing; and WHEREAS, the City reasonably expects to spend monies from the Infrastructure 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. The maximum amount of obligations expected to be issued for such project is $377,999.99; and RESOLUTION NO. 2006-37 WHEREAS, the City Engineer is prepared to develop plans and specifications for said public improvement project. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center, Minnesota, that: 1. Improvement Project Nos. 2006-05, 06, 07, and 08, Humboldt Avenue and Earle Brown Drive Street, Storm Drainage, and Utility Improvements, are hereby ordered and the City Engineer is authorized to prepare plans and specifications for said improvements. 2. 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 or permitted by Treasury Regulation 1.105-2 or any success law, regulation, or ruling. March 13, 2006 Date / lLGwn.~.,. Q Ma?or I b2 ATTEST: City Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Kay lasman and upon vote being taken thereon, the following voted in favor thereof: Myrna Kragness, Kathleen Carmody, Kay Lasman, and Diane Niesen; and the following voted against the same: none; whereupon said resolution was declared duly passed and adopted.