HomeMy WebLinkAbout2005-104 CCRadoption:
Member '-:ay Lasrrtan introduced the following resolution and moved its
RESOLUTION NO. 2005-104
RESOLUTION ORDERING IMPROVEMENTS FOR IMPROVEMENT PROJECT
NO. 2005-05, CONTRACT 2005-G, TWIN LAKE AVENUE NEIGHBORHOOD
STREET, STORM DRAINAGE, AND UTILITY IMPROVEMENTS
WHEREAS, the Brooklyn Center City Council on February 14, 2005, established the
Twin Lake Avenue Neighborhood Street, Storm Drainage, and Utility Improvements Project by
Resolution 2005-31; and
WHEREAS, the Council has previously received and accepted a feasibility report for
said proposed improvements, as prepared by a consulting engineering firm under the direction of the
City Engineer; and
WHEREAS, said improvements are necessary, cost effective and feasible as detailed
in the feasibility report; and
WHEREAS, the City Council on June 13, 2005, adopted a resolution setting a date
for a public hearing regarding the proposed improvements for the Twin Lake Avenue Neighborhood;
and
WHEREAS, ten days published notice of the hearing was given and the hearing was
held on July 11, 2005, 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 July 11, 2005, 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 $52,346.31; and
RESOLUTION NO. 2005-104
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Brooklyn Center, Minnesota, that:
1. Improvement Project No, 2005-05, Twin Lake Avenue Neighborhood Street,
Storm Drainage, and Utility Improvements, is hereby ordered by the City
Council.
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.
1
Julv 11. 2005
Date
ATTEST: I
~4v;~6m
City Clerk
Mayor
The motion for the adoption of the foregoing resolution was duly seconded by member
Kathleen Carmody
and upon vote being taken thereon, the following voted in favor thereof:
Myrna Kragness, Kathleen Carmody, Kay Lasman, Diane Niesen, and Mary O'Connor;
and the following voted against the same: none;
whereupon said resolution was declared duly passed and adopted.