4.3. SR 03-31-1997 - Laserfiche WebLink

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CIP Memo Page 4 As previously noted, on March 31st the City Council needs to discuss a dependable recurring source of revenues for the city's share of street projects. This, in light of a potential levy restriction imposed upon cities by the state legislature, may be difficult and could require a change in the city's approach of how street projects are funded. Another item of major significance that needs to be discussed on 3/31 is the city's share of the 169 safety projects. We could have up to $100,000 of city expenses for the street lighting project. Our participation level for the fencing is unknown at this time and we can anticipate up to $300,000 being the city's share for the pedestrian overpass bridge in the summer of 1999. It appears that we can get our city participation for the street lighting project reduced if we request this from MnDOT and offer to do the maintenance on the street lighting that is installed. I will need Council direction on 3/31 to send a letter to MnDOT requesting additional MnDOT participation in the lighting program. If the city cannot use MSA funding for the city's share of these projects, then the identification of $300,000 for the pedestrian bridge will be a difficult issue to address. Other discussion items on 3/31 include the following: · Timing of the east Elk River utilities extension · Liquor store bond issue · Use of the old liquor store building · Update on the Country Crossing 4th petition · Update on the anticipated county petition for public improvements · Discussion on Highland Avenue project · Request to purchase an administration vehicle as identified in the budget by using equipment reserves · Discuss developing an old core village street/sidewalk reconstruction plan · Briefly discuss funding the implementation of the industrial development part of the city Strategic Plan I don't believe we will get everything accomplished at the 3/31 CIP meeting, but it would be nice to get a good start on reaffirming what projects are moving forward now and on discussing what new projects are desired by the Council along with the potential funding for the new projects.