2011-09-28 CC Packet - Laserfiche WebLink

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September 23, 2011 LETTER OF UNDERSTANDING Re: Potential Improvements to Shared Street BACKGROUND: Metro Transit has proposed to construct a 300 -car park -n -ride facility in Lino Lakes, along the east side of 21 Avenue, approximately 1000 feet north of Main Street. Metro Transit has allocated funding to the facility and proposing to make a purchase offer on the property, subject to the city of Lino Lakes issuing necessary permits, and subject to the City of Lino Lakes and/or the City of Centerville constructing the necessary improvements to 21S Avenue to provide access to the site. Metro Transit is obligated to use the funding allocated to the project by the end of 2012. If this location turns out to be unfeasible, they will need to direct their efforts to another location. The affected landowners are willing to pay for the preliminary engineering to identify the scope of improvements and the estimated costs to construct 21 Avenue. This engineering study will determine what improvements are needed and which properties would be affected. It is anticipated that the cost of improvements would be specially assessed to the benefitted landowners. If the project appears feasible after the preliminary engineering, a joint powers agreement will be needed to allocate responsibilities for designing and constructing the improvements as well as the future maintenance of the street. ACTION: The cities of Lino Lakes and Centerville recognize the urgency of Metro Transit to make a final determination on the park -n -ride location. The City Council of Lino Lakes and the City Council of Centerville, in giving approval to this Letter of Understanding, are authorizing and directing staff to initiate the preliminary engineering for the project upon the landowners placing funds for the preliminary engineering, in escrow. Lino Lakes shall take the lead and will engage the necessary engineering services to complete the study. Further, if subsequent to the preliminary study, the project appears feasible, staff is authorized to prepare a joint powers agreement for consideration by the city council. Approved by the City of Lino Lakes Date Jeff Reinert, Mayor Approved by the City of Centerville Date Tom Wilharber, Mayor 35