HomeMy WebLinkAbout07-146 Cost Share CR 12 TH 13
4646 Dakota Street S.E.
Prior Lake, MN 55372-1714
RESOLUTION 07-146
A RESOLUTION APPROVING CONSTRUCTION COST PARTICIPATION WITH SCOTT COUNTY
FOR THE CR 12 AND TH 13 IMPROVEMENT PROJECT
SAP 70-612-10
Motion By: LeMair
Second By: Millar
WHEREAS On April 16, 2007 the City Council approved the Cooperative Agreement with Scott
County for this project; and
WHEREAS, The County has received bids and has invoiced the City for Construction Costs; and
WHEREAS, The City of Prior Lake's street and storm sewer cost share is allocated as follows:
$652,025
$305,693
$56,000
$1,013,718.00
The proposed City funding sources for this project are identified below:
$400,000
$61,000
$50,000
$162,000
$240,718
$100,000
WHEREAS, The City of Prior Lake shall reimburse Scott County $957,718 for the CR 12 and TH 13
Improvement project as estimated above. This amount excludes the City's
Administration and Engineering costs for Street and Utility Construction of $56,000.
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.
1:\COUNCIl\RESOlUTI\Engineering - Public Works\2007\07-146 Cost Share CR 12 and TH 13.doc
www.cityofpriorlake.com
Phone 952.447.9800 / Fax 952.447.4245
2. The City shall reimburse Scott County $957,718 for the CR 12 and TH 13 Improvement Project.
The funding sources for this reimbursement shall be as follows:
o Capital Park Fund Account # 225-45201-501 ($58,000)
o Trunk Reserve Fund Account # 502-50083-517 ($154,000)
o Trunk Reserve Fund Account # 502-50083-518 ($228,718)
o Street Oversize Fund Account # 503-80102-501 ($376,000)
o Utility Fund Account # 601-49450-530 ($94,000)
o Water Quality Fund Account # 602-49420-530 ($47,000)
3. The City shall appropriate $56,000 for reimbursement of City Engineering and Administration costs.
The funding allocation shall be as follows:
o Capital Park Fund Account # 225-45201-501 ($3,000)
o Trunk Reserve Fund Account # 502-50083-517 ($8,000)
o Trunk Reserve Fund Account # 502-50083-518 ($12,000)
o Street Oversize Fund Account # 503-80102-501 ($24,000)
o Utility Fund Account # 601-49450-530 ($6,000)
o Water Quality Fund Account # 602-49420-530 ($3,000)
4. The City shall deposit all assessment proceeds in the Street Oversize Fund.
5. Upon the property sale by the City of 3631 170th Street SW, the City shall reimburse the County for
its right-of-way acquisition cost up to a maximum of $75,000 from the proceeds of the sale. Any
remaining sale proceeds above $75,000 shall be deposited into the Street Oversize Fund.
PASSED AND ADOPTED THIS 6th DAY OF AUGUST 2007.
Haugen X Hau"en
Erickson X Erickson
Hedberg X Hedber"
LeMair X LeMair
Millar X Millar
YES
NO
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