HomeMy WebLinkAbout06-143
Motion By: LeMair
Second By: Millar
WHEREAS, The following table identifies the Street Reconstruction Plan as identified in the 2007-
2011 Capital Improvement Program:
Year Project City Cost
2007 County Road 21 - Franklin to Adelmann $1,000,000.00
2007 County Road 12/ TH 13 - TH 13 to Elm $300,000.00
Avenue
2008 Itasca Avenue, Summer Street, $2,160,000.00
Robinson Circle, and Franklin Circle
2009 Brooks Circle, Filmore Avenue, and $2,685,000.00
Mandan Avenue
2009 County Road 21 North $790,000.00
2010 Industrial Circle and Welcome Avenue $2,280,000.00
2010 County Road 12 $2,640,000.00
2011 Shady Beach Trail south segment and $2,585,000.00
Bayview Circle
Total $14,440,000.00
WHEREAS, Issuing general obligation street reconstruction bonds is another mechanism to fund
street reconstruction projects. Adopting a Street Reconstruction Plan with the intent to
issue general obligation street reconstruction bonds does not require the City to utilize
this mechanism.
WHEREAS, Street reconstruction is necessary to provide residents the opportunity of safe travel
while commuting throughout the City.
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 City Council authorizes the scheduling of a public hearing for August 21, 2006, to consider the
proposal to adopt a Street Reconstruction Plan and the intent to issue general obligation street
reconstruction bonds.
PASSED AND ADOPTED THIS 7TH DAY OF AUGUST 2006.
YES NO
Haugen X Haugen
Dornbush X Dornbush
Erickson X Erickson
LeMair X LeMair
MlJla'iU uma,
Frank Boyles, City Manager
www.cityofpriorlake.com
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