Agenda Packets - 2008/11/08 - Laserfiche WebLink

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Item No: 7C Meeting Date: November 10, 2008 Type of Business: CB Administrator Review: _____ City of Mounds View Staff Report To:Honorable Mayor and City Council From:Joe Rhein, Consulting Engineer Item Title/Subject:Resolution 7353 Ordering the Public Improvement Project for Lake Court Drive and Lake Court Circle Background: Lake Court Drive and Lake Court Circle have existed as streets within the Silver Lake Woods development, privately owned and maintained by the Silver Lake Woods Condominium Association. Several years ago, the Silver Lake Woods Condominium Association approached the City about the possibility of transferring ownership of Lake Court Drive and Lake Court Circle to the City of Mounds View. On January 26, 2004, the City Council adopted Resolution 6166 approving the Feasibility Report for the 2003 Street Improvement Project, which included investigating the improvement of Lake Court Drive and Lake Court Circle to City standards. Lake Court Drive and Lake Court Circle were ultimately not included in the construction project for the 2003 Street Improvement Project. However, the City and the Silver Lake Woods Condominium Association continued the dialogue regarding transferring ownership of the streets to the City. On October 27, 2008 the City of Mounds View and the Silver Lake Woods Condominium Association entered into a Street Transfer Agreement that defined the process for transfer of ownership of Lake Court Drive and Lake Court Circle to the City. Discussion: The Silver Lake Woods Condominium Association approached the City of Mounds View several years ago regarding the possibility of transferring ownership of Lake Court Drive and Lake Court Circle to the City. The City indicated that it would consider accepting the streets, provided that they were improved to City standards by the Association prior to the transfer, and that an appropriate Agreement was entered into by the two parties.