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HomeMy WebLinkAbout1987.12.21 RESO 1987-0066RESOLUTION 1987-66 RESOLUTION AUTHORIZING PARTICIPATION IN 120TH STREET P.I. PROJECT. WHEREAS, it is proposed to improve 120th St. from Highway 61 to a point approximately 1.06 miles to the east by the installation of a nine ton roadway and, WHEREAS, the total estimated project cost is $5309300 and, WHEREAS, Ramsey County has indicated they may fund 75% of the project cost with 25% being the local share, and, WHEREAS, the City of Hugo has 3,251 assessable front feet of the improvement consisting of approximately 30.2% of the assessable front footage and, WHEREAS, White Bear Township has indicated a willingness to assist the City of Hugo in financing the city's share of this project and, WHEREAS, the City Council has acknowledged the benefit to the City and indicated a willingness to participate in this project with the understanding that the city's share would be approximately $72,600, NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HUGO, WASHINGTON COUNTY, MINNESOTA THAT THE CITY WILL PARTICIPATE IN THE 120TH ST. IMPROVEMENT PROJECT AND ENTER INTO A JOINT POWERS AGREEMENT WITH WHITE BEAR TOWNSHIP TO PROCEED WITH THIS PROJECT IN 1988 SUBJECT TO THE FOLLOWING.' 1. The City shall participate based on 30.2% of the local share including financing costs in the amount of approximately $72,600. 2. Wh;.te Bear Township be directed to prepare a joint powers agreement outlining the participation and financing arrangements previously discussed. 3. The city attorney and city administrator be authorized to work out the details of the joint powers agreement with the White Bear Township attorney. 4. That participation by the City of Hugo be contingent upon Ramsey County financing 75% of the project cost. 5. The City hold the required improvement hearings and order this project when all financing commitments have been made so that the city may assess all or a portion of these costs at some future date. Upon roll call, the following members voted AYE: Arthur Potts, Robert Olson, Deane Vail, George Atkinson Upon roll call, the following members voted NAY: Theodora Peltier ADOPTED AND PASSED THIS 21st DAY OF DECEMBE 1987. v ATTEST: eor tki son, Mayor Mary n Creager, Cir i lark