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Home My WebLink AboutRESOLUTIONS-2016-025-R-164/11 /2016 25-R-16 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 2016 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. 25-R-16 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 thirteen million eighteen thousand dollars (13,018,000). 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 25-R-16 shall be in full force and effect from and after its passage and approval in the manner provided by law. Eliz th B. Tisdahl, Mayor Attest: Rodney Green ity Clerk Adopted: '` k1 , 2016 Project Funding Source Fund Responsible New Funding 2016 Sheridan Road/Chicago Water Main Design and Construction GO Bonds Water Fund $ 3,770,000 (Emerson Ridge Green Bay Asbury Project GO Bonds Capital Improvement $ 1,500,000 Emerson/Ridge/Green Bay Intersection Construction GO Bonds Capital Improvement $ 500,000 Engineering-- Phase III (Dewey GO Bonds Capital Improvement $ 108,000 (Hastings GO Bonds Capital Improvement $ 125,000 (Alley Paving GO Bonds Special Assessment $ 250,000 (Central Street Bridge, Phase I Engineering GO Bonds Capital Improvement $ 90,000 Dodge Avenue Protected Bike Lane - Howard to Church GO Bonds Capital Improvement $ 120,000 IETHS/Church Street Bike Path (Grey to McCormick Bike Path) GO Bonds Capital Improvement $ 150,000 Isabella Bridge Phase II Design & Construction GO Bonds Capital Improvement $ 300,000 (Neighborhood Traffic Calming and Pedestrian Safety GO Bonds Capital Improvement $ 100,000 (Pavement Marking and Streetlight Improvements GO Bonds Capital Improvement $ 150,000 (Bike Infrastructure Improvements GO Bonds Capital Improvement $ 50,000 IPolice/Fire Parking Lake Street GO Bonds Capital Improvement $ 150,000 (Comprehensive Signs Capital Improvement Safe Route to School GO Bonds Capital Improvement $ 25,000 ISidewalk - 50/50 Replacement Program GO Bonds Capital Improvement $ 150,000 (SNAP Lighting GO Bonds Capital Improvement (Streetlight Purchase GO Bonds Capital Improvement $ 100,000 IStreet Patching various locations GO Bonds Capital Improvement $ 600,000 IJames Park West Parking Lot Renovations GO Bonds Capital Improvement $ 500,000 IService Center Yard - parking lot/pads/entrances GO Bonds Capital Improvement $ 150,000 (Chandler Center Stormwater Improvements GO Bonds Capital Improvement $ 200,000 (Foster Field Athletic Lighting GO Bonds Capital Improvement $ 100,000 (Lovelace Park Pond GO Bonds Capital Improvement $ 100,000 (Mason Park Basketball Courts GO Bonds Capital Improvement $ 30,000 (Penny Park Renovations GO Bonds Capital Improvement $ 500,000 (Parks Scorecard & Financial Report GO Bonds Capital Improvement $ 40,000 (Parks Evaluation GO Bonds Capital Improvement $ 30,000 Parks Contingency GO Bonds Capital Improvement $ 150,000 (Civic Center Security Improvements GO Bonds Capital Improvement $ 250,000 Dempster Beach House Window/Entry door replacement GO Bonds Capital Improvement $ 60,000 Energy Efficiency Improvements at City Facilities GO Bonds Capital Improvement $ 50,000 Facilities Contingency GO Bonds Capital Improvement $ 200,000 (Fire Station #3 Slope Stabilization GO Bonds Capital Improvement $ 200,000 Project Funding Source I Fund Responsible I New Funding 2016 Fleetwood-Jourdain Center HVAC Replacement GO Bonds Capital Improvement $ 400,000 (Fleetwood-Jourdain Gym Flooring GO Bonds Capital Improvement $ 75,000 (Greenwood Beach Restroom GO Bonds Capital Improvement $ 60,000 (James Park Field House Roofing and Siding Replacement GO Bonds Capital Improvement $ 80,000 (Ladd Arboretum Windmill GO Bonds Capital Improvement $ 25,000 (Lee Street Beach Restroom GO Bonds Capital Improvement $ 60,000 (Police Fire Headquarters Retaining Wall Repairs GO Bonds Capital Improvement $ 50,000 (Robert Crown Center - Design GO Bonds Capital Improvement $ 1,000,000 (Roof Evaluation of City Buildings GO Bonds Capital Improvement $ 30,000 (Solar Panel Installation GO Bonds Capital Improvement $ 40,000 (Gibbs Morrison Site Improvements GO Bonds Capital Improvement $ 200,000 IPolice Body Cameras GO Bonds Capital Improvement $ 200,000 TOTAL $ 13,018,000