City Council Meeting Date: February 13, 2018
To: Mayor and City Council
City Administrator
From: Sean M. Simonson, Engineering Manager
David E. Bennett, Public Works Director/City Engineer
Title
Consideration of Resolution Approving the Cost Share Agreement with Rice County for County State Aid Highway 1 Improvements (SAP 66-601-20).
Body
Action Requested:
The Northfield City Council approves the attached Resolution approving the Cost Share Agreement with Rice County for County State Aid Highway (CSAH) 1 Improvements (SAP 66-601-20).
Summary Report:
On January 17, 2017 the City Council passed Resolution 2017-007 (Attachment 2) committing $115,000 towards the CSAH 1 Improvements, specifically for the underpass and trail improvement proposed on the South side of CSAH 1 from the underpass near the Locust Development trail connection to Highland Parkway (Attachment 3). Additionally, the City of Dundas and Bridgewater Township have committed $115,000 and $30,000 respectively for the non-motorized improvements. The Cost Share Agreement (Attachment 4) details responsibilities of both the City of Northfield and Rice County for the City of Northfield’s $115,000 financial commitment to the CSAH 1 Improvement Project.
Alternative Options:
The City Council could choose not to approve the Resolution; however, Staff does not recommend that option.
Financial Impacts:
$115,000 financed over 5 years interest free, which equates to five equal payments of $23,000 due on December 1 of each year starting in 2018. This money was included in the approved tax levy.
Tentative Timelines:
Construction is scheduled for 2018.