HomeMy WebLinkAbout5G - Amd Fund Transfers Ring Rd
16200 Eagle Creek Avenue S.E.
Prior Lake, MN 55372-1714
MEETING DATE
AGENDA #:
PREPARED BY:
AGENDA ITEM:
DISCUSSION:
ALTERNATIVES
RECOMMENDED
MOTION:
STAFF AGENDA REPORT
MARCH 1, 2004
5G
SUE MCDERMOTT, CITY ENGINNEER .
A RESOLUTION APPROVING AMENDMENT OF
RESOLUTION 04-29 AUTHORIZING FUND TRANSFERS FOR
STREET AND UTILITY CONSTRUCTION FOR RING
ROAD/PHASE 2 (CITY PROJECT #01-01) AND TRUNK
HIGHWAY 13/CSAH 23/RING ROAD PHASE 3 (CITY PROJECT
#02-06)
Introduction:
A few years ago the City Council directed the staff to set aside
funding for street overlays. The purpose of the allocation was to
allow overlays to be accomplished with minimum tax or special
assessment impact. The Council's previous action allocated $90,200
from the street overlay fund to help pay for Phase 3 of the Ring
Road which includes an overlay of Five Hawks Avenue. The
purpose of this agenda item is to consider the deletion of the $90,200
fund appropriation from the 2004 street department budget to the
Collector Street Fund that was originally set forth within the fund
appropriations for the Ring Road improvements within Resolution
#04-29.
Current Circumstances:
Due to the favorable bids that were received for the Ring Road Staff
would like to maintain maximum flexibility for street overlay funds
within the 2004 Operating Budget. On this basis, Staff would rather
utilize MSA funds in place of the $90,200 from the street
department. This would allow us to increase our mileage of street
overlays.
The following alternatives are available to the City Council:
1. Resolution Approving Amendment of Resolution 04-29
Authorizing Fund Transfers for Street and Utility Construction For
Ring Road/Phase 2 (City Project #01-01) and Trunk Highway
13/CSAH 23/Ring Road Phase 3 (City Project #02-06)
2. Retain the original resolution as approved.
Alternative #1 - Resolution Approving Amendment of Resolution
04-29 Authorizing Fund Transfers for Street and Utility
Construction For Ring Road/Phase 2 (City Project #01-01) and
www.cityofpriorlake.com
Phone 952.447.4230 / Fax 952.447.4245
G: \Agenda\Agenda04\amendresolution0429 .doc
REVIEWED BY:
Attachments:
G: \Agenda\Agenda04\amendresolution0429 .doc
AH 23/Ring Road Phase 3 (City Project #02-
1. A sol IOn Approving Amendment of Resolution 04-29
Authori . g Fund Transfers for Street and Utility Construction For
Ring Road/Phase 2 (City Project #01-01) and Trunk Highway
13/CSAH 23/Ring Road Phase 3 (City Project #02-06).
16200 Eagle Creek Avenue S.E.
Prior Lake, MN 55372-171ijESOLUTION 04-XX
AUTHORIZING FUND TRANSFERS FOR STREET AND UTILITY CONSTRUCTION FOR RING
. ROAD PHASE 2 (CITY PROJECT #01-01) AND
TRUNK HIGHWAY 13/CSAH23/RING ROAD PHASE 3 (CITY PROJECT #02-06)
MOTION BY:
SECOND BY:
WHEREAS, The City has planned the Ring Road Phase 2 (City Project #01-01) and trunk Highway
13/CSAH 23/Ring Road Phase 3 (City Project #02-06), and identified this project for
construction in the Capital Improvement Program in 2003; and
WHEREAS, City Projects #01-01 and #02-06 include the construction of sanitary sewer, watermain
and a bituminous overlay on Five Hawks Avenue between Trunk Highway 13 and
Priorwood Street; and
WHEREAS, Cooperative Agreements with the Minnesota Department of Transportation and Scott
County and the plans and specifications for the project were approved by the City
Council on July 7,2003; and
WHEREAS, The Council awarded the project to S.M. Hentges & Sons, Inc. at the February 17, 2004
meeting; and
WHERAS, The Council approved Resolution 04-29 authorizing the transfer of $90,200 from the
Street Operating Budget to the Collector Street Fund; and
WHERAS, This Resolution is an amendment to Resolution 04-29.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA,
THAT: .
1. The recitals set forth above are incorporated herein.
2. The following fund appropriations and transfers be authorized as follows:
. $468,500 from the Sewer and Water Utility Fund to the Collector Street fund.
3. The $90,200 identified in Resolution 04-29 shall remain in the Street Operating Budget.
Passed and adopted this 1 st day of March 2004.
YES
NO
Haugen Haugen
Blomberg Blomberg
LeMair LeMair
Petersen Petersen
Zieska Zieska
Frank Boyles, City Manager
. ~~ityofpriorlake.com
n.\R.."nlllhnn\R.."nl().d.\PT TNnTR A N~PPRRTNnR()A n
Phone 952.447.4230 / Fax 952.447.4245