RESOLUTION NO. 6949

A RESOLUTION OF THE CITY OF LAWRENCE, KANSAS, ORDERING THE IMPROVEMENT AND AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION BONDS FOR CERTAIN MAIN TRAFFICWAY IMPROVEMENTS, INCLUDING BUT NOT LIMITED TO, INSTALLING FIBER OPTIC COMMUNICATION LINES TO DEVELOP CLOSED-LOOP TRAFFIC SIGNAL SYSTEM, INCLUDING INSTALLATON OF CENTRAL CONTROL HARDWARE / SOFTWARE, VIDEO SCREENS, AND RELATED INTELLIGENT TRANSPORTATON SYSTEM DEVICES, AND ALL RELATED DESIGN, ENGINEERING AND INSPECTION WORK.

BE IT RESOLVED BY THE GOVERNING BODY OF THE CITY OF LAWRENCE, KANSAS:

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 Lawrence, Kansas, pursuant to K.S.A. 12-685 (Code of the City of Lawrence, Kansas, Section 17-501 et seq.), and amendments thereto:

23^rd Street, from Iowa to Harper Street

SECTION II.  The Governing Body hereby authorizes the improvements along certain main traffic-ways and intersections as set forth in Section 1, including, but not limited to installing fiber optic communication lines to develop closed-loop traffic signal system, and other miscellaneous ITS devices (e.g. CCTV cameras, Ethernet switches at intersections, Fiber Pull boxes, etc.) , and all related design, engineering and inspection work and authorizes the issuance of general obligation bonds pursuant to K.S.A. 12-685 et seq. to pay the costs thereof.

SECTION III.  The estimated cost for the improvements on the streets and intersections described in Section 1 is $90,000 plus issuance and interest costs, for said improvements.  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 make capital expenditures on and after the date of adoption of this resolution in connection with the improvements set forth in this resolution, 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 $90,000 plus costs of issuance and plus costs of interest and temporary financing.

ADOPTED on this __________ day of _____________________________, 2011.

                                                          APPROVED    

                                                                                                                                                                            _________________________________

                                                          Aron E. Cromwell, Mayor

ATTEST:

____________________________________

Jonathan M. Douglass, City Clerk

Approved as to form and legality

____________________________________

Toni R. Wheeler                              Date

Director of the Legal Department