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RESOLUTION NO. 6244 <br /> <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />ESTABLISHING FINANCING FOR THE MOUNDS VIEW MANUFACTURED <br />HOME PARK SECOND ACCESS PROJECT <br /> <br /> WHEREAS, at the February 2, 2004 Work Session, Staff presented three <br />funding options for installation of the second access for the Mounds View <br />Manufactured Home Park; and <br /> <br /> WHEREAS, City Council indicated that they would be agreeable to <br />splitting the cost based on where the work was occurring (city right-of-way versus <br />private property). As a result, Council selected Option No. 2 as the preferred <br />option; and <br /> <br /> WHEREAS, the cost split between City and Manufactured Home Park <br />would be $28,650 / $17,350 respectively under option No. 2; and <br /> <br /> WHEREAS, on May 4, 2004, the City secured a Community Development <br />Block Grant (CDBG Grant) for the purpose of installing a second access in the <br />amount of $30,000.00; and <br /> <br /> WHEREAS, there are an infinite number of ways the grant monies could <br />be applied to this project; and <br /> <br /> WHEREAS, the City Council has not ordered this project; and <br /> <br />WHEREAS, the purpose of determining the finances and funding sources <br />for providing a second access is so this information can be communicated to the <br />owner of the Mounds View Manufactured Home Park; and <br /> <br />WHEREAS, there are other financial factors that should be determined, <br />such as the rate of assessment and payback period. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />