2003-153 Council Resolution - Laserfiche WebLink

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• • STAFF ORIGINATOR: COUNCIL MEETING DATE: TOPIC: VOTE REQUIRED: BACKGROUND: AGENDA ITEM 7K Michael Grochala September 8, 2003 Resolution No. 03-153 Calling for an Election Relating to the Issuance of General Obligation Bonds (2004-2005 Street Improvement and Reconstruction Project) Simple Majority The City of Lino Lakes currently has 99 miles of local streets that need to be maintained. In 1996, the city established a pavement management program to more efficiently monitor and allocate resources for ongoing maintenance of streets. The program, updated annually, includes condition ratings of each street to help prioritize rehabilitation and/or reconstruction of roadways in the city. As the City of Lino Lakes ages, the need for reconstruction of local streets is becoming a larger priority than it has in the past. Streets that are in poor condition or have storm water drainage problems substantially increase city maintenance costs. The city began implementing the pavement management program in 1998 with the reconstruction of streets located in the Lakes Addition development. Based on the program, the city has identified a number of streets in need of reconstruction for inclusion in its 2003-2007 Capital Improvement Plan (CIP). As with any improvement project, financing must be evaluated before a project can proceed. Three primary funding sources are typically available to cities to pay for the improvements. These include Municipal State Aid street funds (MSA), assessments to benefiting properties, and general tax levies. Streets identified for improvement and reconstruction in 2004 and 2005, that are proposed to be funded by a combination of special assessments and general tax levies, include the following: 2004: Hokah Drive South and Hokah Court Arrowhead Drive (from Ware Road to approximately 1,295 feet east) Totem Trail Rice Court Sioux Lane (from Hokah Drive to approximately 160 feet west) 2005: West Shadow Lake Drive; Shadow Court; Sandpiper Drive