HomeMy WebLinkAbout07-049 Coop Agrmt w/Scott County for CR 21 Recon
RESOLUTION 07-049
A RESOLUTION APPROVING THE PLANS AND SPECIFICATIONS AND COOPERATIVE
AGREEMENT WITH SCOTT COUNTY FOR THE RECONSTRUCTION OF CR 21
Motion By: Millar
Second By: Hedberg
WHEREAS The reconstruction of CR 21 between Franklin Trail and Adelmann Street is considered
a priority by the City of Prior Lake; and
WHEREAS, On February 20, 2007 the City Council approved the preliminary engineering report for
the CR 21 Project; and
WHEREAS, The plans and specifications are consistent with the City's Preliminary Engineering
Report and previous City Council approvals; and
WHEREAS, The Mayor and City Manager are authorized to execute a Cooperative Agreement with
Scott County for the CR 21 project; and
WHEREAS, The final design for CR 21 has been completed; and
WHEREAS, A Cooperative Agreement for the completion of the CR 21 project has been completed
based on the final design; and
The Cit of Prior Lake's street and storm sewer cost share is allocated as follows:
Ci Street & Storm Sewer Costs
Road & Storm Sewer Construction $1,485,000.00
Count Desi n/En ineerin 18% $267,000.00
Cit Bond Financin Costs $58,000.00
Total Cit Cost* $1,810,000.00
*Does not include street lights or landscaping costs ($140,000) which will be completed by the City under
separate contracts to be approved by the City Council
The
sources for this ro'ect are as follows:
$1,400,000.00
$50,000.00
$360,000.00
$1,810,000.00
cost share is allocated as follows:
$426,000.00
$295,000.00
$22,000.00
$159,000.00
$902,000.00
The proposed City funding sources for the utility portion of the project are as follows:
1:\COUNCll\RESOlUTI\ENG&PW RES\2007\07-049 Scott County Coop Aweement for CR 21 Recon.doc
www.cityofpriorlake.com
Phone 952.447.9800 / Fax 952.447.4245
$533,000.00
$369,000.00
$902,000.00
WHEREAS, The City of Prior Lake shall reimburse Scott County $2,495,000 for the CR 21 project
as estimated above. This amount excludes the City's Bonding and Engineering costs
of $58,000 and $159,000 respectively.
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 shall execute a Cooperative Agreement with Scott County for the CR
21 Project.
3. The City shall reimburse Scott County $2,495,000 for the CR 21 Project. The funding sources for
this reimbursement shall be as follows:
o Construction Account # 501-48360-501 ($1,342,000) - Reconstruction Bonds
o Construction Account # 501-48360-501 ($50,000) - Municipal State Aid
o Trunk Reserve Account # 502-50035-517 ($360,000)
o Trunk Reserve Account # 502-50035-518 ($439,000)
o Utility Fund Account # 601-49450-530 ($304,000)
4. The City shall transfer $159,000 to the Construction Fund for reimbursement of City Engineering
and Administration costs. The funding allocation shall be as follows:
o Trunk Reserve Account # 502-50035-518 ($94,000)
o Utility Fund Account # 601-49450-530 ($65,000)
5. City financing costs of an estimated $58,000 shall be expensed as follows:
o Construction Fund Acct # 501-48360-507
6. The City Engineer is authorized to sign the CR 21 plans.
PASSED AND ADOPTED THIS 19th DAY OF MARCH 2007.
HauQen X Hauaen
Erickson X Erickson
Hedberg X Hedbera
LeMair X LeMair
Millar X Millar
YES
NO
!'\COUNCIL\RESOLUTI\Et'-JG8:PW RES\2007\07-049 Scott COUllty Coop p,gl-eeIil8Ilt for CR 21 Recon.doc