Agenda Packets - 1997/05/12 - Laserfiche WebLink

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Page 2 • Resolution No. 5118 Approving County Road Turnback(Spring Lake Road) NOW, THEREFORE, BE IT RESOLVED, the City of Mounds View concurs with the Ramsey County Board of Commissioners revoking the "County Road" status of Spring Lake Road from County Road H2 to Hillview Road and from Trunk Highway 10 to the North County Line, and transferring jurisdiction over the roadway to the City of Mounds View, effective the first day of the second month after the Ramsey County Office of Budgeting and Accounting has encumbered the funds necessary to fund the reconstruction project, and after the County is in receipt of an adopted resolution from the City of Mounds View concurring with the County revoking the "County Road" status of Spring Lake Road from County Road H2 to Hillview Road and from Trunk Highway 10 to the North County Line. BE IT FURTHER RESOLVED, that the County will pay to the City as just compensation for the jurisdictional transfer of Spring Lake Road from County Road H2 to Hillview Road and from Trunk Highway 10 to the North County Line, an estimated cost of $580,000 from Capital Improvement Funds for Ramsey County Roadway Consolidation as • calculated from the County Road Reconstruction Cost Participation Policy, Resolution No. 9- 1272, and adjusted by Pavement Management System [(90-Condition Rating) ± Condition Rating] x 1993 Condition Rating ). BE IT FURTHER RESOLVED, that Ramsey County will reimburse the City of Mounds View an estimated $580,000 upon presentation of billings from the construction contractor for the reconstruction of Spring Lake Road. NOW, THEREFORE, IT IS HEREBY RESOLVED, that the Mounds View Engineer is authorized within the limits of this resolution to take actions necessary to have the identified jurisdiction change executed. Adopted this 12th day of May, 1997. ATTEST: MAYOR (SEAL) • CITY ADMINISTRATOR