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HomeMy WebLinkAbout007-R-171 /23/2017 7-R-17 A RESOLUTION Expressing Official Intent Regarding Expenditures from the Funds of the City of Evanston, Cook County, Illinois, to be Reimbursed from Proceeds of Obligations to be Issued by the City of Evanston, Cook County, Illinois WHEREAS, the City of Evanston, Cook County, Illinois (the "City") has financed and further intends to finance projects (attached as Exhibit "A") consisting of various capital improvements at various locations throughout the City, including certain capital expenditures as detailed for the year 2017 in the City's Capital Improvement Plan, as adopted by the City Council of the City (the "Projects"); and WHEREAS, all or a portion of the expenditures as proposed to be reimbursed and relating to such Projects (the "Expenditures"): (i) have been paid within (60) days prior to the passage of this Resolution; or (ii) will be paid on or after the passage of this Resolution; and WHEREAS, the City reasonably expects to reimburse itself or pay for the Expenditures with proceeds of an obligation. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS: SECTION 1: Incorporation of Preambles. The City Council hereby finds and determines that all of the recitals contained in the preambles to this resolution are full, true and correct and does hereby incorporate them into this Resolution by this reference. 7-R-17 SECTION 2: Reimbursement. The City reasonably expects to reimburse or pay the Expenditures with the proceeds of an obligation. SECTION 3: Maximum Principal Amount. The maximum principal amount of the obligations expected to be issued for the Projects is fourteen million one hundred ninety-five thousand dollars ($14,195,000). SECTION 4: Actions. All actions of the officers, agents and employees of the City that are in conformity with the purposes and intent of this Resolution; whether taken before or after the adoption hereof, are hereby ratified, confirmed and adopted. SECTION 5: Severability. If any section, paragraph, or provision of this Resolution shall be held to be invalid or unenforceable for any reason, the invalidity or unenforceability of such section, paragraph, or provision shall not affect any of the remaining provisions of this Resolution. SECTION 6: This Resolution 7-R-17 shall be in full force and effect from and after its passage and approval in the manner provided by law. EliAlheth B. Tisdahl, Mayor Att Rodney &re e, City Clerk Adopted: 34rUkk" o(% 1 2017 7-R-17 EXHIBIT A List of 2017 City Financed Capital Improvement Projects Project Title Funding Funding Source g FY 2017 GO Bond Safe Routes to School GO Bonds Capital Improvement Fund $ 15,000 Bridge Inspection GO Bonds Capital Improvement Fund $ 30,000 Fire Station 1,2A - Bunkroom Upgrades GO Bonds Capital Improvement Fund $ 30,000 Chicago Ave Corridor Impr, Howard to Main GO Bonds Capital Improvement Fund $ 50,000 Bike Infrastructure Improvements GO Bonds Capital Improvement Fund $ 50,000 Ecology Center - Crawl Space Impr - Engr Design GO Bonds Capital Improvement Fund $ 50,000 Gibbs Morrison - Site Improvements - Const GO Bonds Capital Improvement Fund $ 50,000 Data Center Study GO Bonds Capital Improvement Fund $ 50,000 Energy Efficiency Improvements GO Bonds Capital Improvement Fund $ 50,000 Roofing Repairs - Miscellaneous Facilities GO Bonds Capital Improvement Fund $ 50,000 Chandler - Electrical Upgrades GO Bonds Capital Improvement Fund $ 65,000 Generator Study GO Bonds Capital Improvement Fund $ 70,000 Parks Contingency GO Bonds Capital Improvement Fund $ 75,000 Chandler - HVAC Improvements - Engr Design Svcs GO Bonds Capital Improvement Fund $ 75,000 Public Art - Neighborhood Public Art GO Bonds Capital Improvement Fund $ 75,000 General Phase I Engineering GO Bonds Capital Improvement Fund $ 80,000 Ecology Center - Roofing / Clerestory / Masonry GO Bonds Capital Improvement Fund $ 80,000 Pavement Marking GO Bonds Capital Improvement Fund $ 90,000 Neighborhood Traffic Calming & Ped Safety GO Bonds Capital Improvement Fund $ 100,000 Streetlight Purchase GO Bonds Capital Improvement Fund $ 100,000 Levy Center - Solar Panel Installation GO Bonds Capital Improvement Fund $ 100,000 Civic Center - Boiler Replacement - Engr Design Svcs GO Bonds Capital Improvement Fund $ 100,000 Network Switch Reliability GO Bonds Capital Improvement Fund $ 125,000 Main Street, Maple to Hinman Design Engr Ph 1/II GO Bonds Capital Improvement Fund $ 150,000 Streetlight Master Plan Studv GO Bonds Capital Improvement Fund $ 150,000 Sidewalk - 50/50 Replacement GO Bonds Capital Improvement Fund $ 150,000 Fleetwood - Reslrooms GO Bonds Capital Improvement Fund $ 150,000 Fog House Roof and Masonry GO Bonds Capital Improvement Fund $ 150,000 Main Street Commons/Corridor Design Engineering GO Bonds Capital Improvement Fund $ 175,000 Civic Center - Security Improvements GO Bonds Capital Improvement Fund $ 175,000 Chandler - Exterior Waterproofing GO Bonds Capital Improvement Fund $ 200,000 Dempster Beach House Renovations GO Bonds Capital Improvement Fund $ 200,000 Facilities Contingency GO Bonds Capital Improvement Fund $ 200,000 WM - Grant, Cowper to Lawndale GO Bonds Capital Improvement Fund $ 230,000 Alley Paving GO Bonds Special Assessment $ 250,000 Harley -Clarke Repairs GO Bonds Capital Improvement Fund $ 250,000 Howard Street Corridor, Dodge to Custer GO Bonds Capital Improvement Fund $ 300,000 Church Street Harbor - South Pier Reconstruction GO Bonds Capital Improvement Fund $ 370,000 WM - Inspection of Large Diameter Mains GO Bonds Water Fund $ 400,000 Sheridan Road/Chicago Avenue Consl Engr Ph III GO Bonds Capital Improvement Fund $ 500,000 Engineering transfer to General Fund GO Bonds Capital Improvement Fund $ 500,000 Street Patching Program GO Bonds Capital Improvement Fund $ 600,000 PL - Levy Center Lot GO Bonds Capital Improvement Fund $ 650,000 Project Title Crown Center - Consulting Svcs (Planning and Design) Fleetwood - HVAC and Electrical - Const James Park - North Baseball Field WM - Howard, Dodge to Ashland Sheridan Road/Chicago Avenue, Grove to Isabella FY 2017 Funding Funding Source GO Bond GO Bonds Capital Improvement Fund $ 900,000 GO Bonds Capital Improvement Fund $ 900,000 GO Bonds Capital Improvement Fund $ 1,000,000 GO Bonds Water Fund $ 1,500,000 GO Bonds Capital Improvement Fund $ 2,585,000