16-7325 Initiate Proceedings for Centennial Road Improvements, Jumper Road to South City LimitsRESOLUTION NUMBER 16-7325
A RESOLUTION INITIATING PROCEEDINGS BY THE GOVERNING BODY
FOR CERTAIN STREET, INTERSECTION, SIDEWALK, AND OTHER RELATED
IMPROVEMENTS IN THE CITY OF SALINA, KANSAS.
WHEREAS, by the adoption of Ordinance No. 02-10071 on February 25, 2002, the Governing
ody of the City of Salina, Kansas (the "City"), designated Centennial Road as a main trafficway pursuant to
.S.A. 12-685 et seq. (the "Act"); and
WHEREAS, the Governing Body of the City has determined that it is necessary to improve or
improve portions of said main trafficway as follows:
Removal and replacement of the existing pavement, addition of curb and gutter, addition of
underground storm sewers, extension of reinforced box culverts, sidewalks on one side of
the road, and other related and necessary improvements, all located generally on Centennial
Road from Jumper to the south City limits.
(the "Improvements"); and
WHEREAS, reports, estimates and plans have been compiled and furnished to the Governing Body
the City to provide them with sufficient information in order to enable them to commence proceedings for
construction of the Improvements.
NOW THEREFORE BE IT RESOLVED by the Governing Body of the City of Salina, Kansas:
Section 1. Proceedings are hereby initiated pursuant to the provisions of the Act for the purpose of
ing with the Improvements.
Section 2. The City Manager and other City staff are authorized to take all necessary actions to
eed with the Improvements.
Section 3. It is anticipated that the cost of the Improvements shall be paid from funds of the City
ilable for such purpose and/or by the City -at -large through the issuance of one or more series of general
igation bonds and/or temporary notes of the City as provided by the Act, the estimated maximum
icipal amount of such obligations being $1,300,000.00, plus costs of issuance and plus costs of interest on
temporary financing.
Section 4. The City expects to make capital expenditures on and after the date of adoption of this
elution in connection with the Improvements, and intends to reimburse itself for such expenditures with
proceeds of one or more series of general obligation bonds and/or temporary notes of the City in the
nated maximum principal amount of $1,300,000.00, plus costs of issuance and plus costs of interest on
y temporary financing.
Section 5. This resolution shall be in full force and effect from and after its adoption.
Adopted by the Board of Commissioners and signed by the Mayor this 22nd day of February, 2016.
0
(SEAL)
TTEST:
icks, CMC, City Clerk
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