HomeMy WebLinkAbout06-139
Motion By: LeMair
Second By: Millar
WHEREAS, The City Council approved Resolution 06-086 on June 5, 2006 for the purposes of
entering into a cooperative agreement for cost sharing purposes on the upgrade
improvements for CSAH 82; and
WHEREAS, Scott County accepted bids and awarded a contract for the CSAH 82 improvement
project; and
WHEREAS, The City of Prior Lake's share of the total costs for the utility and road improvements
has been determined to be $4,051,182.20; and
WHEREAS, Scott County has agreed to advance the City of Prior Lake $1,200,000.00 for a portion
of our CSAH 82 improvement funding obligation; and
WHEREAS, The City of Prior Lake has agreed to repay Scott County these funds, including our
share of bond costs, in the aggregate amount of $153,169.00 over a period often (10)
years on an annual appropriation basis; and
WHEREAS, The initial installment of $153,169.00 shall be made payable to Scott County in 2007;
and
WHEREAS, The City's costs are estimated to be as follows:
I City Cost
I Road Construction
Road Construction Design/Engineering
Utility Construction
Utility Construction Design/Engineering
Utility Construction Observation.
I Total City Cost
· Completed by City at 8% of Utility Construction Cost; and
WHEREAS, The proposed funding sources are as follows:
City Funding
Street Oversize Fund
Water Quality Fund
I Trunk Reserve Fund
I County Bonds
I Total City Funding
..:~.cityofpt:iprl9ke.,~.ql)l
Phone 952.447.4230 / Fax 952.447.4245
$1,529,629.00
$122,370.00
$2,042,018.00
$357,165.00
$163,361.00
$4,214,543.00
$122,370.00
$150,000.00
$2,412,544.00
$1,529,629.00
$4,214.543.00
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 enter into a Cooperative Agreement with Scott
County for the reconstruction of CR 82.
PASSED AND ADOPTED THIS 7TH DAY OF AUGUST, 2006.
YES
Haugen X
Dornbush X
Erickson X
LeMair X
Millar X
NO
. Haugen
Dornbush
Erickson
LeMair
Millar
~.L IS. J
Frank BOYle~anager
I:\COUNCIL\RESOLUTI\ENG&PW RES\2006\06-139 CR 82 Amend Agreement.DOC