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HomeMy WebLinkAboutEDA Resolution 06-EDA-218CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION 06 -EDA -218 SUPPORTING A SUPPLEMENTAL APPROPRIATION BEFORE THE MINNESOTA LEGISLATURE THAT WOULD PROVIDE AN ADDITIONAL $400,000 IN FUNDING FOR THE PROPOSED NOISE WALL EXTENSION ON THE SOUTH SIDE OF TRUNK HIGHWAY 10 WHEREAS, there has been a longstanding issue of highway noise due to traffic on Trunk Highway 10, and that this noise is negatively affecting the homeowners in the Laport Meadows neighborhood; and WHEREAS, MnDOT has previously programmed $300,000 to extend the existing Noise Wall that terminates on the south side of Trunk Highway 10 at the edge of Ardan Park in the City of Mounds View; and WHEREAS, the City of Mounds View has previously considered in 2004 the costs to extend the Noise Wall, that the cost estimates ranged from approximately $700,000 to $830,000, and that it desires to collaborate with the State of Minnesota to resolve this issue; and WHEREAS, the new Medtronic campus project is currently under construction and that as part of the approval process the reverter clause, a property interest by the State, was removed through legislation during 2005; and WHEREAS, Governor Pawlenty has submitted his supplemental budget recommendations and that one of those is a $1,221,000 transfer from the General Fund to the Trunk Highway Fund as part of the Mounds View Land Conveyance; and WHEREAS, legislative amendments have been prepared to direct those dollars to benefit the City of Mounds View and surrounding communities, that $400,000 would be allocated for the proposed Noise Wall Extension on the south side of Trunk Highway 10, and that these funds would be in addition to the $300,000 previously programmed by MnDOT for the Noise Wall Project in Mounds View; and WHEREAS, the Noise Wall Extension costs that exceed $700,000 would be the responsibility of the City of Mounds View, and that the Noise Wall project is a TIF eligible activity that would avoid a general fund impact in the current fiscal year. NOW, THEREFORE BE IT RESOLVED, THAT the Mounds View Economic Development Authority does hereby support a supplemental appropriation before the Minnesota Legislature that would provide an additional $400,000 in funding for the proposed Noise Wall Extension on the south side of Trunk Highway 10. Adopted by the Board of Commissioners of the Mounds View Economic Development Authority this 27th day of March, 2006. ATTEST: (seal) Kurt Ulrich, Executive Director