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Of City of Elk River ver City Council Resolution 20.3o A Resolution of the City Council of the City of Elk River Ordering the Lake Orono Restoration and Enhancement Project WHEREAS, the City of Elk River Minnesota (the "City") is home to Lake Orono, a shallow 300-acre lake that captures runoff from a large watershed; and WHEREAS, sediment has accumulated in Lake Orono over time, diminishing the recreational value and aquatic health of the lake; and WHEREAS, in 1998, the lake was drawn down and sediment was removed by dredging; and WHEREAS, at the time of the 1998 project, a follow up sediment removal project was anticipated to be needed in approximately 20 years to remove additional sediment loads entering into the lake basin; and WHEREAS, the City has collaborated with the Lake Orono Improvement Association (the "LOIA") for over five years to improve the overall health of Lake Orono and to develop the recently approved Lake Orono Management Plan; and WHEREAS, the City began design plans for the Lake Orono Restoration and Enhancement ("LORE") project several years ago, with the goal of removing accumulated sediment and improving the overall aquatic health, wildlife habitat and recreational value of the lake utilizing state funding and other local funding sources; and WHEREAS, on March 5, 2019, Governor Tim Walz signed legislation (HF 80) which included $1.5 million in grant funding to assist with the LORE project, and WHEREAS, an additional $1 million of funding for the LORE project was secured through a local option sales tax which was approved via referendum in November 2018 and subsequently by the state legislature, and WHEREAS, the city has previously committed to funding approximately $100,000 of the cost of the LORE project from general city funds; and WHEREAS, the state grant funding, local sales tax funding and $100,000 city contribution will cover approximately 80% of the costs of the LORE project; and P 0 N E R E 0 0 1 INATURE