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15-52 - 06-02 - Capital Budget request Decola Pond Resolution 15-52 June 2, 2015 Member Snope introduced the following resolution and moved its adoption: RESOLUTION AUTHORIZING THE SUBMITTAL OF A CAPITAL BUDGET REQUEST FOR POSSIBLE INCLUSION IN THE GOVERNOR'S 2016 CAPITAL BUDGET TO FUND FLOOD STORAGE AND RATE CONTROL IMPROVEMENTS IN THE DECOLA PONDS SUB-WATERSHED WHEREAS, the City of Golden Valley (the "City"), as well as the City of New Hope, has experienced periodic flooding in the area known as the DeCola Ponds sub-watershed; and WHEREAS, the flooding impacts both private residential and commercial properties, as well as major public roads resulting in public safety concerns; and WHEREAS, addressing the flooding in the DeCola Ponds sub-watershed is a high priority for the City; and WHEREAS, the City, in collaboration with the cities of New Hope and Crystal, has initiated a series of studies to understand the cause, scope, and impact of the flooding; and WHEREAS, the studies will recommend a number of solutions to minimize flooding and property damage, including infrastructure improvements to improve flood storage and rate control, implementation strategies, and cost estimates; and WHEREAS, the City is currently working to implement part of the overall solution, through collaboration with a private developer, to create underground flood storage on the Liberty Crossing redevelopment site, and expand open flood storage in the sub-watershed on land in and around an area of the City known as Pennsylvania Woods. NOW, THEREFORE, BE IT RESOLVED, that the Golden Valley City Council, in conformance with Minnesota Statues 16A.86 Subd. 3a (6), hereby approves the submittal of a Capital Budget Request for possible inclusion in the Governor's 2016 bonding bill to fund, in part, the development and expansion of flood storage and rate control in the DeCola Ponds sub-watershed. t She and M. Harris, ayor ATTEST: Kristine A. Luedke, City Clerk The motion for the adoption of the foregoing resolution was seconded by Member Clausen and upon a vote being taken thereon, the following voted in favor thereof: Harris, Snope, Clausen, Fonnest and Schmidgall and the following voted against the same: none whereupon said resolution was declared duly passed and adopted, signed by the Mayor and his signature attested by the City Clerk.