06/10/1996 Council Minutes - Laserfiche WebLink

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COUNCIL MEETING JUNE 10, 1996 Council Member Kuether moved to adopt Resolution No. 96 - 59 Ordering the Improvement and Preparation of Plans and Specifications for the Cedar Street Lift Station. Council Member Neal seconded the motion. Motion carried unanimously. Resolution No. 96 - 59 can be found at the end of these minutes. Consideration of Resolution No. 96 - 60, Approve Plans and Specifications and Order Advertisement for Bids, Cedar Street Lift Station - Mr. Ahrens explained that the preparation of the plans and specifications for the Cedar Street Lift Station was begun prior to this City Council meeting. As discussed at a previous meeting, the City was initially going to fund this project directly out of the Area and Unit Charge Fund with no bonding involved. In order to reduce the impact on this fund, the City and their bonding consultant, Springsted, Inc., recently decided to include the project in a future bond issue. To do this, the City first must proceed through the steps required by the Minnesota State Statute Section 429 including ordering and receiving the Feasibility Report and holding the public hearing. To expedite this process, the City is completing many steps at a single meeting where usually there would be time elapsed while the plans and specifications were being prepared. Council Member Kuether moved to adopt Resolution No. 96 - 60 Approve Plans and Specifications and Order the Advertisement for Bids for the Cedar Street Lift Station. Council Member Neal seconded the motion. Motion carried unanimously. Resolution No. 96 - 60 can be found at the end of these minutes. Consideration of Resolution No. 96 - 61, Declaration of Intent to Bond, Cedar Street Lift Station - Mr. Ahrens explained that the Internal Revenue Code requires that the City of Lino Lakes declare its intent to reimburse project costs from bond issue proceeds prior to making any expenditures for construction or land acquisition. This declaration must be made in the form of a City Council resolution. This resolution is a non-binding declaration which must be made to allow the project to be financed using bond proceeds. If the resolution is not adopted, the City will be required to identify alternate methods of financing the project. Council Member Neal moved to adopt Resolution No. 96 - 61, Declaring the City's Intent to Bond for Cedar Street Lift Station Improvements. Council Member Lyden seconded the motion. Motion carried unanimously. Resolution No. 96 - 61 can be found at the end of these minutes. Consideration of Resolution No. 96 - 62, Ordering Preparation of Plans and _l Specifications for Pheasant Hills Preserve, 7th Addition - Mr. Ahrens used the overhead projector to show the location of this improvement project and explained that the feasibility report for the Pheasant Hills Preserve, 7th Addition street and utility PAGE 16