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City Council Minutes <br /> October 26, 1994 <br /> Page 3 <br /> guarantees that specifications will be met, does not require extensive follow -up with staff and <br /> property owners, eliminates the cost of assessments, and is affordable within the city's <br /> capital budget. The initial cost is estimated at $6,500, which should decrease once the city <br /> undertakes the majority of the slabs in 1995. <br /> Hoyt and Maurer noted that sidewalk panel replacement is a cost that the city covers in St. <br /> Paul, St. Louis Park, Golden Valley, and Richfield. <br /> Councilmember Gibson Talbot inquired as to the annual cost of sidewalk panel replacement <br /> after the initial year. Maurer replied that after the initial 40 slabs are replaced, the city would <br /> only need to replace five to ten slabs per year. <br /> Councilmember Hustad moved a city financed sidewalk repair policy. The motion passed <br /> unanimously. <br /> CONSIDERATION OF RESOLUTION E FEASIBILITY ODERING A <br /> REPORT FEASIBILITY REPORT AND <br /> Engineer Maurer reported that the city is again proposing the reconstruction of some of the <br /> alleys in the Northome neighborhood. All alleys were recently evaluated, and with one <br /> exception, all are in need of some work. He is recommending the reconstruction of the five <br /> alleys rated in poor condition for the spring and summer of 1995, and is requesting that the <br /> city adopt an alley feasibility study so that preliminary survey work can be completed. The <br /> estimated cost of work on the five alleys is $143,000. <br /> Councilmember Jacobs requested that the city discuss the alley assessment policy at the next <br /> council meeting. <br /> Councilmember Jacobs moved Resolution No. 94 -24, ordering a feasibility report and receiving <br /> the feasibility report on alley reconstruction. The motion passed unanimously. <br /> CONSIDERATION OF E RECYCLING FUNDS FROM TO APPLY <br /> FOR SCOR RAMSEY COUNTY <br /> Councilmember Hustad moved Resolution No. 94 -22, authorizing city clerk to apply for <br /> recycling grant funds. The motion passed unanimously. <br /> CONSIDERATION ROJECT OF <br /> RESOLUTION NO. 94-23, RELATING TO 1995 ALLEY <br /> IMPROVEMENT DECLARING INTENT OF CITY TO REIMBURSE COSTS WITH <br /> TAX EXEMPT BONDS <br /> Administrator Hoyt explained that the proposed resolution would allow the city the option to <br /> issue general obligation bonds to finance the alley reconstruction project. The city may decide <br /> at a later date to finance the project in another manner, but the council must pass the <br /> resolution to keep the bond option open. <br />