08/11/2010 Council Packet (2) - Laserfiche WebLink

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• • STAFF ORIGINATOR: CITY COUNCIL MEETING DATE: TOPIC: ACTION REQUIRED: BACKGROUND AGENDA ITEM 1A Michael Grochala August 11, 2010 Consider Resolution No. 10 -71, Determining Necessity for the Issuance of General Obligation Bonds and Calling a Special Election 3/5 The City has previously received requests from residents to consider the signalization of the Birch Street/Ware Road intersection and the Lake Drive /Main Street intersection. Both intersections are experiencing growing congestion and safety problems. On April 12, 2010 the City Council authorized the preparation of Signal Justification Reports (SJR's) for the intersection of Birch Street and Ware Road and the intersection of Lake Drive and Main Street. While the SJR's still require review by the Minnesota Department of Transportation (Mn /DOT), Anoka County has given their support for both projects. On June 14, 2010 the City Council authorized the preparation of a Concept Layout and Construction Estimate for both intersections. TKDA, the City Engineer, has completed the conceptual layouts and determined a construction estimate. The estimated cost of the intersection improvements are as follows: Project City County Total Birch Street/Ware Road $ 925,000 N/A $ 925,000 Lake Drive /Main Street $ 834,000 $834,000 $1,668,000 Totals* $1,759,000 $834,000 $2,593,000 *Total does not include bond issuance costs Anoka County will not participate financially in the Birch Street/Ware Road project. While the Signal Justification Report (SJR) identified a need for improvements to this intersection under future traffic volumes, existing volumes did not meet the same thresholds. As a matter of policy, Anoka County will not contribute to projects where future conditions are used to satisfy warrant thresholds. • The County will fund 50 % of the Lake Drive and Main Street intersection