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<br /> i <br /> CITY OF ARDEN HILLS <br /> . MEMORANDUM <br /> DATE: August 10, 1998 <br /> TO: Mayor and City Council <br /> FROM: Dwayne Stafford, Public Works Director ~ <br /> SUBJECT: Resolution # 98-52, Anthorizing preparation of a Feasibility Study <br /> and the preparation of Plans and Specifications for a portion of West <br /> Round Lake Road and the West Round Lake Road / Highway 96 <br /> intersection <br /> Reqnest <br /> The City Council is asked to consider the attached Resolution # 98-52, authorizing preparation of <br /> a Feasibility Study and preparation of Plans and Specifications for a portion of West Round Lake <br /> Road including the West Round Lake Road / Highway 96 intersection. <br /> Baekground <br /> . The City of Arden Hills Economic Development Authority approved a Development Agreement <br /> with Welsh Development Companies on September 22nd, 1997. The Development Agreement <br /> requires many actions by each of the participants to facilitate the development of Phases II, III, <br /> and IV of the Gateway Business District. The Development Agreement signed by the Arden <br /> Hills Economic Development Authority and Welsh Development Companies states that; <br /> "The Highway 96 improvements will be commenced by May 1, 1998, and will be completed by <br /> December 31 ", 1998. The Highway 96 Improvements will be fmanced with the proceeds of <br /> Bonds, The timing of the commencement and completion of the Highway 96 Improvements <br /> shall also be subject to the timing of the Authority's acquisition of the property necessary for <br /> such improvement project and the granting of all necessary permits and approvals for the <br /> improvement project by the County and any other governmental unit whose approval is <br /> necessary." Therefore to stay in compliance with the Development Agreement these <br /> construction activities are required. <br /> The City Council on June 8th, 1998, approved the preliminary design for Highway 96 through <br /> Arden Hills. This approval allows the City to proceed with the final design work from the <br /> intersection of West Round Lake Road and Highway 96 to the south side of the Indykiewicz <br /> property. <br /> Reeommendation <br /> Staff recommends that the City Council approve Resolution # 98-52, authorizing the City <br /> Engineer to prepare a Feasibility Study and prepare Plans and Specifications for a portion of <br /> . West Round Lake Road and the West Round Lake Road / Highway 96 intersection. <br /> ----- <br />