Memorandum
City of
Public Works Department
TO: |
David L. Corliss, |
FROM: |
Charles F. Soules, Director of Public Works |
CC: |
|
Date: |
March 26, 2008 |
RE: |
April 1, 2008 Consent Agenda Item Project No. 21-BS1-607(C) Resolution 6761 Authorizing Issuance of General Obligation Bonds |
Please include the following item on the City Commission
consent agenda for consideration at the April 1, 2008 meeting:
RESOLUTION 6761 - A RESOLUTION ORDERING THE IMPROVEMENT AND AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION BONDS FOR CERTAIN MAIN TRAFFICWAY IMPROVEMENTS WITHIN THE CITY OF LAWRENCE, KANSAS.
Project History/Status. The City received a grant from the KDOT
Transportation Enhancement Program for the reconstruction of
The project was/is included in the City’s 2008 CIP. Funding is an 80%/20% split (KDOT, $535,991.14; City, $133,997.78). The city will need to issue bonds for its share of this funding split/expense.
Staff and the contractor have met with the neighborhood to discuss the project. GSR Construction expects to begin work the first week of April 2008.
Action Request. Approve Resolution 6761 ordering the improvement and authorizing the issuance of General Obligation Bonds.
Respectfully Submitted,
Charles F. Soules, P.E.
Director of Public Works
CFS/je
Attachment: Resolution 6761