Loading...
HomeMy WebLinkAbout2005-047 CCRMember Kay Iasman__ introduced the following resolution and moved its adoption: RESOLUTION NO. 2005-47 RESOLUTION ORDERING IMPROVEMENTS AND AUTHORIZING DEVELOPMENT OF PLANS AND SPECIFICATIONS FOR IMPROVEMENT PROJECT NO. 2004-14, CONTRACT 2004-H, SHINGLE CREEK PARKWAY AND SUMMIT DRIVE STREET, STORM DRAINAGE, AND UTILITY IMPROVEMENTS WHEREAS, the Brooklyn Center City Council on February 14, 2005, authorized consideration of street, storm drainage, and utility improvements in the area generally described as "Shingle Creek Parkway and Summit Drive Street and Storm Drainage Improvements"; more specifically described as follows: Shingle Creek Parkway from Interstate 94/694 to 350 feet south of John Martin Drive; Summit Drive from Shingle Creek Parkway to State Trunk Highway 100; intersection of 69th Avenue North and Shingle Creek Parkway; and the Palmer Lake Pedestrian Trail; and 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 February 14, 2005, adopted a resolution setting a date for a public hearing regarding the proposed improvements for the Shingle Creek Parkway and Summit Drive area; and WHEREAS, ten days published notice of the hearing was given and the hearing was held on March 14, 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 March 14, 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 $272,731.00; and WHEREAS, the Director of Public Works is prepared to develop plans and specifications for said project. RESOLUTION NO. 2005-47 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center, Minnesota, that: 1. Improvement Project No, 2004-14, Shingle Creek Parkway and Summit Drive Street, Storm Drainage, and Utility Improvements, is 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. March 14, 2005 Date Mayor 1 c/~ ATTEST: J~~►C1C J 1 City Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Diane Niesen 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.