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Res 1963-164 147 RESOLUTION NO. 163-1963 A RESOLUTION DIRECTING THE SALE & PURCHASE OF TEMPORARY IMPROVEMENT BONDS IN ACCORDANCE WITH LAWS OF 1957, CHAPTER 385. BE IT RESOLVED By the City Council of the City of Fridley, Anoka County, Minnesota, as fol7ows: THAT WHEREAS it has heretofore been determined by this council to issue temporary improvement bonds in order to provide the necessary funds for the construction and payment of expendes relative to the following improve- ment nrojects: to-wit: Street Improvement Project #1963-1 as per plans and specifications approved by the City Council; and WHEREAS it has been determined that there is at the present time an amount in excess of $52,000.00 in the following fitnd, to-wit: REGULAR SPECIAL ASSESSMENT FUND (Sinking Account) which.sum will not be required for other purposes prior to October 15, 1965, IT IS THEREFORE determined to be in the interest of the City of Fridley that the sum of 52,000.00 of Special Assessment Fund (Sinking Account) BE INVESTED as authorized by law and in accordance therewith it is hereby determined to purchase the sum of $521000.00 of the aforementioned Street Improvement Project #1963-1 Bonds Series "A" temporary issued under date of October 15, 1963. UPON their initial issuance in accordance with the provisions of Minnesota Statutes, Sec. 429.091, 471,96 and 471.66, out of the funds in Regular Special Assessment Fund (Sinking Account) and on behalf of said fund at par and accrued interest as of the date of delivery of said bonds and completion of such sale; it being farther determined to be reasonable and advantageous to Sinking Account of the Regular Special Assessment Fund to invest it in said temporary improvement bonds and to be reasonable and advantageous to the City to sell said temporary improvement bonds to the Sinking Account of the Regular Special Assessment . Fund, in accordance with the provisions of this resolution. SEC. 1. The City Manager and Treasurer are hereby authorized and directed to take any and all steps necessary to effect the provisions of theaforegoing resolution and to make such transfer of funds as may be necessary from time to time to give effect to the provisions hereof. PASSED AND ADOPTED BY THE CITY COUNCIL OF FRIDLEY THIS 21ST DAY OF OCTOBER, 1963. tAik401;Isi MAYOR I -4, ATTEST: CITY MANAGER CITY CTERK EXTRACT OF MINUTES OF MEETING OF THE CITY COUNCIL OF THE CITY OF FRIDLEY, OF A REGULAR MEETING HELD OCTOBER 21, 1963, AT 8:00 ofclock P.N. AT THE CITY HALL, CITY OF FRIDLEY, ANOKA COUNTY, MINNESOTA. The matter of the construction of certain improvements, and the hearings held heretofore on tale same were discussed, and Council being fully advised in the matter, Councilman Sheridan introduced the following resolution and moved its adoption. 148 .....22.22121121.124. 6=1263__ A RESOLUTION 07DERING IMPROVEMENT, APPROVAL OF PLANS, AND ORDERING ADVERTISE- MENT OF BIDS. WHEREAS, the resolution of the City Council adopted on the 1st day of July, 1963, set the date for hearing on the proposed improvements, as specifically noted in the notice of hearing attached hereto for reference as EXHIBIT "A", and, WTTER7AS, all the property owners whose property is liable to be assessed with the raking of these improvements (as noted in said notice) were given ten (10) days published notice of the Council hearing through two (2) weekly publications of the required notice, and the hearing was held and the property owners heard thereon at the hearing, as noted in said notice. NOW, THEREFORE, BE IT RESOLVED, by the Council of the City of Fridley, Minnesota, as follows: 1. That the following improvements heretofore proposed by Council resol- ution are hereby ordered to be effected and completed as soon as reasonably possible, to-wit: (a) All of the improvements as noted in the notice of hearing on the same as are noted (in Exhibit A" in said notice) except (none); that the work involved in said improvements as listed above shall hereafter be designated as: SANITARY SEWER AND WATER IMPROVEMENT PROJECT NO. 61-1963 2. The plans and specificatons prepared by Comstock and Davis, Consulting Engineers, for such improvements and each of them, pursuant to the Council resolutions heretofore adopted, a copy of which plans and specifications are hereto attached and rade a part hereof, and are hereby approved and shall be filed with the City Clerk. 3. The work to be performed under SANITARY SEWER AND WATER IMPROVEMENT PROJ7CT NO. 61-1963, shall be performed under one contract. The City Manager shall accordihgly prepare and cause to be inserted in the official newspaper advertisements for bids upon the making of such improvements under such approved plans and specifications. The advertise- ment shall be published for three (3) weeks (at least 21 days), and shall specify the work to be done and will state that bids will be open.ed and consiconsidered at 12:00 Noon, on the 4th day of November, 1963, in the Council dered of the City Hall, and that no bids will be considered unless sealed and filed with the City Clerk, and accompanied by a cash deposit, bid bond, or certified check payable to the City for five per cent (5%) of the amount of such bid. That the advertisement for bids for SANITARY SEWER AND WATER DITROVEVENT PROJECT NO. 61-1963 shall be substantially in form as that noted in Exhibit "a" attached hereto for reference and made a part hereof. ADOPTED BY THE COUNCIL OF THE CIT7 OF FRIDLEY THIS 21ST DAY OF OCTOBER, 1963. , A • MAYOR - WillL J. ee , A 44.1.14 A CITY MANAGER - Earl Pi Wagner III The motion for the adoption of the foregoing resolution was duly seconded by Councilman Brook, and upon vote being taken thereon the following voted in favor thereof: Unanimous WHEREUPON SAID RESOLUTION WAS DECLARED DULY PASSED AND ADOPTED. • 149 At8OrtITTOK O. 164 EVTPIT "A" • CITY OF FRIDLEY NOTICE OF HEARING ON IMPROVEMENTS WHEREAS, the City Council of the City of Fridley, Anoka County, Minnesota has deemed it necessary and expedient that the improvements hereinafter des- cribed be made. NOW THEREFORE, NOTICE IS HEREBY GIVEN THAT on the 15th day of July, 1963, at 8:00 o'clock P.M. , the City council will meet at the City Hall in said City, . and will at said time and place, hear all parties interested in said improve- ments inwhole or in part. The general nature of the improvements in the construction (in the lands and streets noted below) of the following improvements, to-wit: CONSTRUCTION ITEMS: A. Water Lateral and Service Connections and Sanitary Sewer Lateral and Service Connections located in all of the streets and serving all of the areas described as follows: a. 73rd Avenue N.E. - Central Avenue to T.H. No. 65 $ 27,155.00 b. 73rd Avenue N.E. T.H. No. 65 to T.H. No. 47 6,187.50 C. 73rd Avenue N.E. T.H. No. 47 to East RiverRoad 62,856.25 d. In and along all streets in and adjacent to Fridley In- dtstrial Park Plat No. 1 61,115.94 e. Along 5th Street north from 54th Avenue N.E. to Highway No. 694 4,223.75 f. In and along all streets in Commerce Park Addn 119,210.00 g. Along 72nd Way N. from East River Road to Riverview Terrace 14,226.25 h. Along 76th Avenue N.E. from Central Avenue to Arthur Street 20,065.00 i. Along 77th Way N.E. from Gumwood Street to Fir St. 19,358.05 j. In and along all streets in Viet's Addition west of East River Road, 6314 to 64t. Way 21,234.38 k. Along 61st Avenue N.E. from East River Road to West Moore Lake Drive 61876.25 1. Along west Moore Lake Drive from 61st Avenue N.E. to T.H. No. 65 (Relative to M.S.A. Street Improvements) 276.25 m. • In and along all streets in and adjacent to Rice Creek Addition. 11928.75 n. Along 60th Avenue N.E. from Benjamin Street West 1,695.00 o. Bacon Drive from 75th Avenue N.E. South 250' (Sewer) 310' (Water) 41203.25 ESTIMATEDCOST.. . . . . . . . . . . . . . . . . . . .... . . . . . ..... . . .. ....... .$ 370,611.62 B. Water Lateral and Service Connect'ons located inall of the streets and serving all of the area described as follows: a. Along East River Road from Osborne Road south to north line lot 19, Revised Auditor's Subdivision No. 77 $ 7,000.00 ESTIMATED 7,000.00 C. Sanitary Sewer Lateral and Service Connections located in all of the streets and serving all of the areas described as follows: a. Along 7th Street from 53rd Avenue N.E. to Mississippi Street (Relative to M.A. Street Improvements) $ 5,584.38 b. Along Brookview Drive from T.H. No. 65 west 250' 11634.20 ESTIMATED 7,218.58 Total Estimated Cost ( A, B, AND C 3841830.20 That the area proposed to be assessed for said improvement is as follows: For Construction Items A, B, and C above: All of the land abutting upon said streets named above and all lands adjacent and abutting thereto. All of said land to be assessed proportionately according to the benefits received by such improvements. 150 That the Council proposed to proceed with each of said improvements as- separate improvements, except as hereafter otherwise provided by the Council all under the following authority, to-wit: Minnesota Laws 19611 Chapter 4291. and laws amendatory thereof, and in conformity with the City Charter. - BY ORD7R OF THE CITY COUNCIL OF THE CITY OF FRIDLEY 1401/144;t 4, A AL MAYOR - ill "' J. Nee ATTEST: ..: 0q.12.2e±tnt_rialoal CIT CLERK - Marvin C. Brunsell NEWS: July 3, 101 1963 RESOLUTION NO. 164 EXHIBIT "B" NOTICE TO CONTRACTORS Sealed bids will be received and publicly opened by the City of Fridley, Anoka County, Minnesota, at the office of the City Manager, on the 4th day of November, 1963, at 12:00 Noon, and will be considered by the City Council of the City of Fridley, at a regular Council Meeting, at 8:00 P.M., on the 4th day of November, for the furnishing of work and materials for the installation of Sewer and Water Improvement Project No. 61. he project consists of the following approximate quantities: 2,850 Lin. Ft. 8" and 6" Sanitary Sewer Tines with appurtenances 2,300 Lin. Ft. 12" and 6" and I" Water Lines with appurtenances All in accordance with plans and specifications prepared for the City of Fridley, Minnesota, by Comstock & Davis, Inc., Consulting Engineers, 1446 County Road "J", Mihneapolis 32, Minnesota, Telephone: SUnset 4-9346. Plans and specifications may be examined at the office of the City Manager and copies may be obtained for the ontractor's individual use by applying to the ,Lngineers and depositing with the Engineers $25.00 for each set. The deposit will be refunded to each bidder submitting a bonafide bid upon return of the documents in good condition with in ten (10) days from the date of opening bids and to non-bidders upon return of thedocurents in good condition prior to the bid opening. Bids must be made on the basis of cash payment for the work, and accom- panied by a cash deposit, certified check (on a responsible bank in the State of Minnesota), or a bidder's bond and made payable without con- dition to the City of Fridley, Minnesota, in an amount of not less than 5% of the total amount of the bid. The City Council reserves the right to reject any and all bids and to waive any informalities in any bids received without explanation. No bid may he withdrawn for a period of thirty (30) days. By order of the City Council of the City of Fridley, Minnesota. Dated this 21st day of October, 1963. EARL P. WAGNER CITY MANAGER