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RESOLUTION 10-062
A RESOLUTION AUTHORIZING EXPENDITURE OF FUNDS FOR PROFESSIONAL SERVICES WITH
RESPECT TO A COST/BENEFIT ANALYSIS RELATED TO THE COUNTY ROAD 21 ALIGNMENT
THROUGH THE DOWNTOWN AREA AND AN UPDATE OF THE 2003 PRIOR LAKE DEVELOPMENT
POTENTIAL STUDY
Motion By: Millar Second By: Erickson
WHEREAS, The 2030 Vision and Strategic Plan places a high priority-upon the redevelopment of the
Prior Lake Downtown area; and
WHEREAS, County Road 21 will require improvement and expansion to carry the projected traffic
flows; and
WHEREAS, Two possible improvement alignments have been identified which include the current
configuration and a bridge option;
WHEREAS, A third alternative which would swing CR 21 south around downtown has been discussed;
and
WHEREAS, Additional cost/benefit information is needed to equally evaluate all options; and
WHEREAS, Projects including downtown streetscaping and the Arcadia/CR 21 intersection
improvements are affected by the alignment ultimately chosen; and
WHEREAS, The economic vitality of Prior Lake's Downtown impacts the entire community for decades
to come; and
WHEREAS, The 2003 Prior Lake Development Potential Study is in need of updating if it is to serve as
a meaningful economic development tool; and
WHEREAS, The Prior Lake Economic Development Authority has evaluated proposals and
recommends that the Cost/Benefit Analysis and 2003 Potential Development Update be
undertaken by Maxfield Research, in an amount not to exceed $26,000; and
WHEREAS, Expenditure of funds for this purpose requires City Council authorization.
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.
M:I000NCIL\Resolutions12010110-062 Maxfield. Research Consultant.doc
2. Funding for these expenditures is provided as follows:
General Fund Economic Development - $15,000 (Account #101-46500-313) and
General Fund Contingency Budget - $11,000 (Account #101-49999-000)
3. The Mayor and City Manager are authorized to execute the agreements necessary for the
implementation of this resolution.
PASSED AND ADOPTED THIS 21St DAY OF JUNE, 2010.
YES NO
M ser x M ser
Erickson x Erickson
Hedber x Hedber
Keene x Keene
Millar x Millar
~~
Frank Boyles, City Manager
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