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HomeMy WebLinkAbout85-113 - ADMIN Resolution - City Council - 1985/08/05RESOLUTION NO. 85-113 RESOLUTION APPROVING FINE YEAR RUNICIPAL STATE AID CAPITAL IMPROVERENT PROGRAM HHEREAS, it is estimated the City of St. Louis Park, Minnesota will receive Municipal State Aid street construction funds in the amount of $753,966 per year for the succeeding five years for use in the construction of the City's designated Municipal State Aid street system. NOU, THEREFORE, BE IT RESOLVED by the City Council of the City of St. Louis Park, Minnesota, that the following schedule reflects the projected Municipal State Aid funds available for a five year Capital Improvement Program: Accumulated Funds Year Available 1985 Balance Available $ 252,263 $ 252,263 1986 Estimated Allotment Available for Construction 753,966 1,006.229 1987 Estimated Allotment Available for Construction 753,966 1,760,195 1988 Estimated Allotment Available for Construction 753,966 2,514,161 1989 Estimated Allotment Available for Construction 753,966 3,268,127 1990 Estimated Allotment Available for Construction 753,966 4,022,093 i BE IT FURTHER RESOLVED that the following Five Year Municipal State Aid Capital Improvement Program is hereby approved: Year Location/Description Estimated Cost 1986 T.H. 100/West 36th Street - bridge, $ 500,000 paving, drainage, traffic signal, lighting, right-of-way purchase Minnetonka Boulevard/Highway 7 200,000 triangle - geometric improvements, traffic signal, lighting Louisiana Avenue/West 28th Street- 55,000 traffic signal modification Brookside Avenue/Excelsior Boulevard- 35,000 traffic signal modification Vernon Avenue/West 16th Street- 70,000 traffic signal modification West 36th Street/Boone Avenue 40,000 traffic signal modification 900,000 O 1987 T.H. 100/West 36th Street - bridge, 500,000 drainage, traffic signal, lighting, right of way purchase Louisiana Avenue - street reconstruction 1,000,000 from Cedar Lake Road to U.S. Highway 12 south frontage road Louisiana Avenue -street reconstruction 400,000 from Lake Street to Walker Street Texas Avenue/West 36th Street - 100,000 traffic signal modification 2,000,000 1988 T.H. 100/West 36th Street - right of way 300,000 purchase Louisiana Avenue/U.S. Highway 12 south 50,000 frontage road - traffic signal Ford Road - street reconstruction from 55,000 Crestridge Drive to south of W. 18th St. Texas Avenue/Cedar Lake Road - 35,000 traffic signal 440,000 1989 Louisiana Avenue/Oxford Street -traffic 100,000 signal 100,000 1990 Brookside Avenue/Minnehaha Creek -bridge 500,000 replacement West 36th Street/Belt Line Boulevard - 100,000 traffic signal 600,000 5 -Year Total Cost - 1986 through 1990 $4,040,000 Adopted by the City Council Augu t 5, 1985 MaYor Ates : / t.J Cit Cler Reviewed for Qadministration ,i i . iagei_______-- Approved as to form and legality: 4&4-1_-._W_.. -- tc� nes,