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HomeMy WebLinkAbout2008-016 CCRMember Kay Lasman introduced the following resolution and moved its adoption: RESOLUTION NO._2008_1 h RESOLUTION ORDERING IMPROVEMENTS AND AUTHORIZING DEVELOPMENT OF PLANS AND SPECIFICATIONS FOR IMPROVEMENT PROJECT NOS. 2008-01, 02, 03, AND 04, 2008 RESIDENTIAL AREA NEIGHBORHOOD STREET, STORM DRAINAGE, AND UTILITY IMPROVEMENTS (MARANATHA AREA) WHEREAS, the Brooklyn Center City Council on May 14, 2007 authorized consideration of street, storm drainage, and utility improvements in the area generally described as the "2008 Residential Area Neighborhood"; more specifically described as follows: Lee Avenue North from 69"' Avenue North to 70"' Avenue North; Major Avenue North from 69"' Avenue North to 70"' Avenue North; Noble Avenue North from 68th Avenue North to 69"' Avenue North; Orchard Avenue North from 68' Avenue North to 69`h Avenue North; Perry Avenue North from 67'h Avenue North to 69`h Avenue North; Quail Avenue North from 67`h Avenue North to 69"' Avenue North; Regent Avenue North from 67`b Avenue North to 69"' Avenue North; Scott Avenue North from 67"' Avenue North to 69"' Avenue North; Toledo Avenue North from 67`h Avenue North to 69"' Avenue North; 68"' Avenue North from Vera Cruz Avenue North to Noble Avenue North; 67"' Avenue North from Vera Cruz Avenue North to Toledo Avenue North; Vera Cruz Avenue North from 67"' Avenue North to 68"' Avenue North; 67"' Avenue from 140 ft. west of Scott Avenue North to 140 ft. east of Perry Avenue; 70`h Avenue North from Lee Avenue North to 140 ft. west of Major Avenue North. 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 detailed in the feasibility report; and WHEREAS, the City Council on January 14, 2008 adopted a resolution setting a date for a public hearing regarding the proposed improvements for the 2008 Residential Area Neighborhood; and WHEREAS, ten days published notice of the hearing was given and the hearing was held on February 11, 2008, 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 14, 2008 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 RESOLUTION NO. 200816 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 $1,014,390.00; and 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. 2008-01, 02, 03, and 04, 2008 Residential Area Neighborhood 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. Februarv 11. 2008 Date ATTEST: kC City Clerk Mayor The motion for the adoption of the foregoing resolution was duly seconded by member Mark Yelich and upon vote being taken thereon, the following voted in favor thereof: Tim Willson, Kay Tasman, Mary O'Connor, than Ryan, arR~ t1axk Yelich; and the following voted against the same: none; whereupon said resolution was declared duly passed and adopted. 1