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16-33 - 05-17 - Agreement Douglas Drive and Truck Highway 55 Resolution 16-33 May 17, 2016 Member Clausen introduced the following resolution and moved its adaption: RESOLUTION AUTHORIZING COOPERATIVE AGREEMENTS WITH HENNEPIN COUNTY FOR RECONSTRUCTION OF DOUGLAS DRIVE (CSAH 102) BETWEEN MEDICINE LAKE ROAD (CSAH 70) AND TRUNK HIGHWAY 55 WHEREAS, It is proposed to reconstruct CSAH 102 (Douglas Drive) from TH 55 to CSAH 70 (Medicine Lake Road); and WHEREAS, The City Council formally requested that the Douglas Drive Project be placed in the Hennepin County Capital Improvement Program; and WHEREAS, The City Council has authorized Municipal Consent on the project on November 15, 2011, including approval of right-of-way acquisition; and WHEREAS, The City Council has authorized the sale of Street Reconstruction Bonds (the "Bonds")to finance the project by resolution dated April 19, 2016. Pursuant to Minnesota Statutes, Section 475.58, the issuance of such Bonds is subject to a referendum if a petition (the "Petition") requesting a vote on the question of issuing the Bonds, signed by voters equal to five percent of the votes cast in the last City general election, is filed within 30 days of the public hearing held April 19, 2016. NOW, THEREFORE, BE IT RESOLVED, by the City Council for the City of Golden Valley to authorize Hennepin County Cooperative Agreement No. PW 14-13-16 and Hennepin County Cooperative Agreement No. PW 15-13-16 for the purposes of reconstructing Douglas Drive (CSAH 102), provided that the authorizations and approvals contained herein are subject to and contingent upon not receiving a Petition, or, in the event a Petition is filed, the approving vote of a majority of the voters voting on the question of the issuance of the Bonds. hep rd M. Harris, M y r ATTEST: Kristine A. Luedke, City Clerk The motion for the adoption of the foregoing resolution was seconded by Member Snope and upon a vote being taken thereon, the following voted in favor thereof: Harris, Snope, Schmidgall, Fonnest and Clausen 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.