RESOLUTION NO. 7203

 

A RESOLUTION OF THE CITY OF LAWRENCE, KANSAS, ORDERING THE IMPROVEMENT AND AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION BONDS FOR THE CONSTRUCTION, IMPROVEMENT AND REPAIR OF THE STORM SEWER SYSTEM, INCLUDING ALL NECESSARY DESIGN, PROPERTY ACQUISITION, AND RELATED COSTS PURSUANT TO CHARTER ORDINANCE NO 28; AND AMENDING RESOLUTION NO. 7141 OF THE CITY.

 

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

 

SECTION 1.  The Governing Body of the City of Lawrence, Kansas (the “City”) hereby authorizes, orders, and directs the construction, improvement, and repair of the storm sewer system including a pump station, piping, street repair, sidewalk replacement, railroad crossing, levee reconstruction, levee gatewell structure and all necessary design, property acquisition and related work for the following project (the “Project”):

 

Maple Street Pump Station - an underground stormwater pump station, located on the northwest corner of 6th and Maple Streets, that utilizes submersible pumps to remove stormwater runoff from watershed identified as "System 6" in the North Lawrence Drainage Study. A small above ground electrical building will be sited at the same location.

 

SECTION 2.  The estimated costs of the Project are $6,200,000, which shall be payable from all lawful sources, including the issuance of general obligation bonds of the City issued under the authority of Charter Ordinance No. 28 of the City in an amount not to exceed $2,000,000 plus costs of issuance and costs on any temporary financing.

 

SECTION 3.   The City expects to make additional capital expenditures on and after the date of adoption of this Resolution in connection with the Project 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 $2,000,000.

 

SECTION 4.   Resolution No. 7141 of the City adopted on September 15, 2015, is hereby amended in accordance with the provisions herein.

 

SECTION 5.   This Resolution shall be effective from and after adoption by the Governing Body.

 

ADOPTED by the governing body of the City of Lawrence, Kansas on May 2, 2017.

 

 

APPROVED

 

_______________________ 

Leslie Soden, Mayor

 

 

ATTEST:

 

_______________________

Sherri Riedemann, City Clerk