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05-48 - 08-01 - Rescinding Resolutions for Project 03-14 Resdiential Folld Resolution 05-48 August 1, 2005 Member Freiberg introduced the following resolution and moved its adoption: RESOLUTION RESCINDING CERTAIN RESOLUTIONS REGARDING CITY IMPROVEMENT PROJECT 03-14 - RESIDENTIAL FLOOD PROOFING BE IT RESOLVED by the City Council of the City of Golden Valley, Minnesota, as follows: 1. On this day at 7 pm, after duly mailing notice to affected property owners and consulting the view of all persons interested, and being fully advised of the pertinent facts does hereby determine that certain resolutions regarding the construction of certain proposed public improvements for the City should be rescinded. 2. It is hereby found and determined that due to budgetary concerns and the inability to obtain temporary and permanent easements needed to construct the improvement, said public improvements are no longer feasible and cannot be constructed as previously set forth. 3. It is herby found and determined that homeowners within the floodplain of Bassett Creek who wish to do so, may flood proof their homes in accordance with an agreement with the Bassett Creek Water Management Commission, and will be reimbursed for 72.5% of the cost of said flood proofing. 4. The following resolutions and orders regarding said Public Improvements are hereby rescinded: Resolution 05-22, Resolution Ordering Construction of Certain Proposed Public Improvements and Authorizing Advertising for Bids - City Improvement Project 03-14 - Residential Flood Proofing Resolution 05-23, Resolution Adopting and Confirming Assessments for 2005 Residential Flood Proofing Resolution 04-77, Resolution Authorizing the Acquisition by Purchase or Condemnation of Certain Real Property Located at 2605 Scott Avenue North for Public Improvements 5. That rescinding the above Resolutions is in the best interest of the City and that City Improvement Project 03-14 is hereby canceled and no bids for the construction of these improvements shall be considered. Linda R. Loomis, Mayor Resolution 05-48 - Continued August 1, 2005 ATTEST: Donald G.Taylor, The motion option foregoing resolution was seconded by Member Grayson and upon a vote being taken thereon, the following voted in favor thereof: Freiberg, Grayson, Loomis, Pentel and Shaffer; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted, signed by the Mayor and her signature attested by the City Clerk.