HomeMy WebLinkAbout10-04EDA Maxfield Research(~ O'
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4646 Dakota Street SE
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RESOLUTION 10-04EDA
A RESOLUTION AUTHORIZING PROFESSIONAL SERVICES WITH RESPECT TO A
COST/BENEFIT ANALYSIS RELATED TO THE COUNTY ROAD 21 ALIGNMENT THROUGH
THE DOWNTOWN AREA AND AN UPDATE OF THE 2003 PRIOR LAKE DEVELOPMENT
POTENTIAL STUDY REQUESTING THE MOST SENIOR STAFF PERSON AVAILABLE
Motion By: Millar Second By: Erickson
WHEREAS, The 2030 Vision and Strategic Plan places a high priority upon the
redevelopment of the Prior Lake Downtown area; and
WHEREAS, County Road 21 will require improvement and expansion to carry the projected
traffic flows; and
WHEREAS, Two possible improvement alignments have been identified which include the
current configuration and a bridge option;
WHEREAS, A third alternative which would swing CR 21 south around downtown has been
discussed; and
WHEREAS, Additional cost/benefit information is needed to equally evaluate all options; and
WHEREAS, Projects including downtown streetscaping and the Arcadia/CR 21 intersection
improvements are affected by the alignment. ultimately chosen; and
WHEREAS, The economic vitality of Prior Lake's Downtown impacts the entire community
for decades to come; and
WHEREAS, The 2003 Prior Lake Development Potential Study is in need of updating if it is
to serve as a meaningful economic development tool; and
WHEREAS, The Prior Lake Economic Development Authority has evaluated proposals and
recommends that the Cost/Benefit Analysis and 2003 Potential Development
Update be undertaken by Maxfield Research.
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE ECONOMIC DEVELOPMENT
AUTHORITY OF PRIOR LAKE, MINNESOTA as follows:
1. The recitals set forth above are incorporated herein.
2. The Mayor and City Manager are authorized to execute the agreements necessary for the
implementation of this resolution.
PASSED AND ADOPTED THIS 21St DAY OF JUNE, 2010.
YES
NO
M ser x M ser
Erickson x Erickson
Hedber x Hedber
Keene x Keene
Millar x Millar
Frank yle , Ci Hager
M:1EDA\Resolutions110-44EDA Maxfield Reseatch.doc