Loading...
HomeMy WebLinkAbout09-092 CR 83 Reconstruction Agreement w/Scott CountyOF.-: PR j% ~ ~`~ ~ 4646 Dakota Street S.E. '~ u ~ T ~ Prior Lake, MN 55372-1714 ~I~'1VE50`tP' ,' RESOLUTION 09-092 A RESOLUTION APPROVING THE COOPERATIVE AGREEMENT WITH SCOTT COUNTY FOR THE CR 83 RECONSTRUCTION PROJECT SAP 70-683-10 Motion By: Erickson Second By: Hedberg WHEREAS The traffic volumes on CR 83 are expected to more than double in the 20 years; and WHEREAS, The City of Prior Lake has not allocated funding for reconstruction in our Transportation Plan; and WHEREAS, The Shakopee Mdewakanton Sioux Community has agreed to fund the project for construction in 2009 and 2010; and WHEREAS, This project will provide benefit to the residents and businesses in Prior Lake; and WHEREAS, The Mayor and City Manager are authorized to execute a Cooperative Agreement with Scott County for the CR 83 Reconstruction Project; and WHEREAS, The final design for CR 83 has been completed in accordance with the layout and design approved by the City Council on January 5, 2009; and WHEREAS, A Cooperative Agreement for the completion of the CR 83 Reconstruction Project has been completed based on the final design; and WHEREAS, The City of Prior Lake's street and storm sewer cost share is estimated to be $57,000 with payment required by June 1, 2015; and WHEREAS, The City has determined to make a declaration of official intent ("Declaration") to reimburse these estimated costs from proceeds of bonds in accordance with the Internal Revenue Service Reimbursement Regulations (Treasury Reg. 1.150-2). NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA as follows: 1. The recitals set forth above are incorporated herein 2. The Mayor and City Manager are authorized to execute a Cooperative Agreement on behalf of the City with Scott County for the CR 83 Reconstruction Project. 3. The City will reimburse Scott County an estimated $57,000 for the CR 83 Reconstruction Project in accordance with the Cooperative Agreement. The actual amounts reimbursed by the County based on construction bids shall be approved by the City Council prior to payment. M:\COUNCIL\RESOLUTI12009\09-092 CR 83 Reconstr~~rt~tjeb~ib-Y7~ke.com Phone 952.447.9800 /Fax 952.447.4245 4. Staff is directed to include the payment in the 2015 Transportation Plan and to bring back a resolution at the time of payment with actual costs and funding source. 5. The City reasonably expects to reimburse the expenditures made for these costs from the proceeds of bonds. 6. The City Engineer is authorized to sign the CR 83 Reconstruction Project Plans. PASSED AND ADOPTED THIS 15T" DAY OF JUNE 2009. YES NO Hau en X Hau en Erickson X Erickson Hedber X Hedber LeMair X LeMair Millar X Millar -`-~_ Fran Bo s, i Manager M:\COUNCIL\RESOLUTI\2009\09-092 CR 83 Reconstruction Agreement.doc