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HomeMy WebLinkAbout2005-036 CCRadoption: Member Fay I-aSman introduced the following resolution and moved its RESOLUTION NO. 2005-36 RESOLUTION ORDERING IMPROVEMENTS AND AUTHORIZING DEVELOPMENT OF PLANS AND SPECIFICATIONS FOR IMPROVEMENT PROJECT NOS. 2005-01, 02, 03, AND 04, CONTRACT 2005-A, LIONS PARK SOUTH NEIGHBORHOOD STREET, STORM DRAINAGE, AND UTILITY IMPROVEMENTS WHEREAS, the Brooklyn Center City Council on January 24, 2005, authorized consideration of street, storm drainage, and utility improvements in the area generally described as "Lions Park South Neighborhood Street and Storm Drainage Improvements"; more specifically described as follows: Oliver Avenue and Queen Avenue from 53rd Avenue to Ericon Drive; Russell Avenue, Penn Avenue and Morgan Avenue from 53rd Avenue to 55th Avenue; Newton Avenue from 53rd Avenue to 54th Avenue; 54th Avenue and 55th Avenue from Russell Avenue to Logan Avenue; and 53rd Avenue from Russell Avenue to Penn Avenue. WHEREAS, the Council has previously received and accepted a feasibility report for said proposed improvements, as prepared by the Director of Public Works; and WHEREAS, said improvements are necessary, cost effective and feasible as detailed in the feasibility report; and WHEREAS, the City Council on January 24, 2005, adopted a resolution setting a date for a public hearing regarding the proposed improvements for the Lions Park South Neighborhood; and WHEREAS, ten days published notice of the hearing was given and the hearing was held on February 28, 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 February 28, 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 $741,349.72; and RESOLUTION NO. 2005-36 WHEREAS, the Director of Public works is prepared to develop plans and specifications for said project. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center, Minnesota, that: 1. Improvement Project Nos, 2005-01, 02, 03, and 04, Lions Park South Neighborhood Street, Storm Drainage, and Utility Improvements, are hereby ordered and the Director of Public Works is authorized to prepare plans and specifications for said improvement. 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. Februarv 28. 2005 Date Q Maor ATTEST: City Clerk 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.