Laserfiche WebLink
<br />Roseville Public Works and Transportation Commission <br /> <br />Agenda Item <br /> <br />Date: June 26, 2003 <br /> <br />Item No: 6 <br /> <br />Item Description: Consideration of Minnesota Statute 471.572, Infrastructure Reserve Fund <br /> <br />At the regular City Council Meeting on May 12, 2003, Minnesota Statute 471.572, Infrastructure <br />Reserve Fund, was referred to the Public Works Commission. You may recall the mayor briefly <br />spoke to the Commission on this issue at your April meeting. <br /> <br />The Commission also discussed this item at their May meeting. (Please see attached minutes.) <br />The Commission requested staff try to gain additional information on how other communities are <br />using this statute. The attached survey indicates that of 10 comparable communities, none are <br />currently using this statute to fund infrastructure projects. <br /> <br />Roseville used this statute to create the Infrastructure Reserve Fund for ongoing major <br />maintenance to City streets from 1987 to 1998, at which time the levy was removed due to <br />adequate fund balance to maintain our street system. <br /> <br />We are looking for a recommendation on this item to the City Council. <br /> <br />Recommended Action: <br /> <br />Motion recommending to the City Council the action desired by the Commission on this subject. <br /> <br />Move: <br /> <br />Second: <br /> <br />Ayes: <br /> <br />Nays: <br />