Agenda Packets - 1998/01/12 - Laserfiche WebLink

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ic- . RESOLUTION No.5206 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA A RESOLUTION OF GENERAL SUPPORT TO ANHTONY PROPERTIES,INC.FOR THE CITY OF MOUNDS VIEW'S PARTICIPATION IN SHARING COSTS FOR A TRAFFIC LIGHT SIGNAL ON HIGHWAY 10 AND EDGEWOOD DRIVE WHEREAS,Anthony Properties,Inc. is known to be considering the development of a multiplex theater complex on the south side of Highway 10 between Long Lake Road and County Road H2 and has requested a statement of general City support; and WHEREAS,such a development will require a traffic light signal on Highway 10 and Edgewood Drive in order to adequately support sound traffic flow in the area; and WHEREAS,the City of Mounds View recognizes its role in facilitating such a traffic signal; and WHEREAS,the City has not committed to the precise location of a signal light,the exact layout of a possible realignment of Edgewood Drive,nor has determined an acceptable cost for the City's participation; and WHEREAS,however the City has attempted to work with the developer,neighborhood residents 1111and the Minnesota Department of Transportation to find the best acceptable project and traffic layout for the community, BE IT HEREBY RESOLVED that the Mounds View City Council will give consideration to the use of tax increment or other appropriate non-general fund funds and Minnesota Department of Transportation funds in order to facilitate the positioning of a traffic signal on Highway 10 and Edgewood Drive in order for Anthony Properties,Inc. to commit its time and funds towards a project layout,recognizing the City will still need to determine its acceptance of the project regarding City zoning ordinances,best traffic design for the signal and appropriate cost participation in the traffic signal and Edgewood Drive realignment. ADOPTED this 12th day of January, 1998. Duane McCarty,Mayor ATTEST: Charles S.Whiting,City Clerk-Administrator (SEAL)