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09-10247rRESOLUTION NO. 10247 RESOLUTION AMENDING THE 2009-2013 CAPITAL IMPROVEMENT PLAN TO INCLUDE ADDITIONAL IMPROVEMENT PROJECTS WHEREAS, pursuant to Minnesota Statutes, Section 475.521 (the "Act"), cities are authorized to adopt a capital improvement plan and .carry out programs for the financing of capital improvements; and WHEREAS, the City of Richfield, Minnesota (the "City"), has caused to be prepared the Capital Improvement Budget and Plan for years 2009 through 2013 (the "Capital Improvement Plan"); and WHEREAS, in considering the Capital Improvement Plan, the Council has considered for each project and for the overall Capital Improvement Plan: 1. the condition of the City's existing infrastructure, including the projected need for repair and replacement; 2. the likely demand for the improvement; 3. the estimated cost of the improvement; 4. the available public resources; 5. the level of overlapping debt in the City; 6. the relative benefits and costs of alternative uses of the funds; 7. operating costs of the proposed improvements; and 8. alternatives for providing services more efficiently through shared facilities with other local government units. WHEREAS, the City would like to amend the current 2009-2013 Capital Improvement Plan to include the Portland Avenue Reconstruction Project and the 66t" Street East Reconstruction Project. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RICHFIELD, MINNESOTA: 1. The Capital Improvement Plan is hereby amended to include the Portland Avenue Reconstruction and 66t" Street East Reconstruction. 2. City staff is hereby authorized to do all other things and take all other actions as may be necessary or appropriate to carry out the Capital Improvement Plan in accordance with any applicable laws and regulations. Adopted by the City Council of-the City of Richfield, Minnesota this 9th day of June, 2009. , De ie Goettel, Mayor ATTEST: ~___. Nancy Gibbs, City Irk