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05-29-07 Item 7G, Resolutin 07-60 Governor's 2008 Bonding Bill Support
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05-29-07 Item 7G, Resolutin 07-60 Governor's 2008 Bonding Bill Support
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6/25/2007 4:44:22 PM
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05-29-07 Item 7G, Resolution 07-60
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Agenda Item
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Resolution 07-60 Govern's Bonding Bill
Date
5/29/2007
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<br /> <br />MEMORANDUM <br /> <br />DATE: <br /> <br />May 29,2007 <br /> <br />AGENDA ITEM 7.G. <br /> <br />TO: Mayor and City Council <br /> <br />FROM: Michelle Wolfe, City Administrator <br /> <br />SUBJECT: Approval of Resolution No. 07-60 in Support of an Application for the <br />Governor's 2008 Bonding Bill for the County Road H and Highway 10/96 <br />Projects <br /> <br />BACKGROUND <br /> <br />On May 14, the City Council approved a Motion of Support for State Legislative Representatives <br />to Submit Legislation Supporting 2008 Funding for Transportation Projects (County Road H <br />Interchange and Highways 10 and 96 Interchange). State Senator Satveer Chaudhary and State <br />Representative Kate Knuth are chief authors of these bills, and they submitted the bills last week. <br />The language in the bills is as follows: <br /> <br />HF2507/SF2309 would appropriate the funds from state bond proceeds: <br /> <br />$34,000,000 is appropriated from bond proceeds to the City of Arden Hills for acquisition <br />of right-of-way, predesign, design, and construction of public improvements for the County <br />Road Hand I-35W interchange and/or for the County Road 96 and State Highway 10 <br />interchange. <br /> <br />HF2508/SF2310 would appropriate the funds from the sate general fund: <br /> <br />$34,000,000 is appropriated from the general fund to the City of Arden Hills for acquisition <br />of right-of-way, predesign, design, and construction of public improvements for the County <br />Road Hand I-35W interchange and/or for the County Road 96 and State Highway 10 <br />interchange. <br /> <br />The request for $34,000,000 is based on an estimated $4,000,000 for County Road H matching <br />funds, and $30,000,000 for the Highway 10 and 96 project. If after further design work is <br />completed project costs are determined to be less than the requested funds, we can reduce our <br />request at a later date. <br />
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