BE IT RESOLVED BY THE
GOVERNING BODY OF THE CITY OF
SECTION I. The Governing Body hereby finds that the
following designated streets, or portions thereof, have been designated a major
or main Trafficway within the City of
SECTION
II. The Governing Body
hereby authorizes the construction of certain main trafficway improvements on
the streets and intersections as set forth in Section 1, including, but not
limited to:
sidewalk,
pedestrian crossing and path construction, installation of traffic control
devices – including signs, signals, cabinets, controllers and related
equipment, and all related design, engineering and inspection work at
intersections along New Hampshire Street between 6th Street and 11th Street
(the
"Improvements"). The Governing
Body hereby authorizes the issuance of general obligation bonds pursuant to
K.S.A. 12-685 et seq. to pay the costs of the Improvements.
SECTION
III. The estimated cost
for the Improvements is $40,000 plus issuance and interest costs. The cost of the Improvements shall be paid
from all lawful sources including the issuance of General Obligation Bonds
pursuant to K.S.A. 12-685 et seq. and other lawful authority.
SECTION
IV. The City expects to
design, construct and to make additional capital expenditures on and after the
date of adoption of this resolution in connection with the Improvements, and
the City intends to reimburse itself for such expenditures with the proceeds of
the bonds and/or notes in the maximum principal amount of $40,000 plus costs of
issuance and plus costs of interest and temporary financing.
ADOPTED on this
__________ day of _____________________________, 2006.
APPROVED
_________________________________
Mike
Amyx, Mayor
ATTEST:
____________________________________
Frank S. Reeb, City Clerk
Approved as to form and legality
____________________________________
David L. Corliss Date
Director of Legal Services