HomeMy WebLinkAboutRESOLUTIONS-2015-006-R-15r
6-R-15
A RESOLUTION
1 /20/2015
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 2015 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.
6-R-15
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 three hundred
twenty thousand six hundred and fifty dollars (14,320,650).
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 6-R-15 shall be in full force and effect from
and after its passage and approval in the manner provided by law.
�f
EliAlheth B. Tisdahl, Mayor
-
R ney Gree ` City rk
Adopted \� , 2015
Proiect
(Baker Park Renovations
(Bike Lane through Mason Park
(Central Street Sidewalk - Hartrey to Eastwood Design
(Central Street Sidewalk - Prairie to Greenbav Construction
(Central Street Streetscape (Lincolnwood to Ewing --north side)
(Chicago Avenue Water Main Resurfacing Streetscape
(Civic Center Security Improvements
Crown Center Design
Dempster Signals Phase II & III and Construction Engineering
Ecoloqy Center Greenhouse Renovations & Expansion of Bldg
Emerson/Ridge/Green Bay Intersection-- Design
Energy Efficiency Programs
Ern ineering Services
Facilities Capital Improvement Contingency
Fleetwood-Jourdain & Chandler Center / Minor Improvements
Hastings Street Resurfacing & Water Main (Harrison to Colfax)
Hinman Street Resurfacing & Water Main (Main to South Blvd)
(Ladd Arboretum Bike Path Renovations (not on street)
(Lake Street Resurfacing & Water Main (Chicago to Sherman)
Lovelace Park Soccer Field Renovations
(Neighborhood Traffic Calming & Pedestrian/Bike
Accommodations
(Parks Contingency
Fundinq
Source
Fund Responsible
GO Bonds
Capital Improvement
GO Bonds
Capital Improvement
GO Bonds
Capital Improvement
GO Bonds
Capital Improvement
GO Bonds
Capital Improvement
GO Bonds
Capital Improvement
GO Bonds
Capital Improvement
GO Bonds
Capital Improvement
GO Bonds
Capital Improvement
GO Bonds
Capital Improvement
GO Bonds
Capital Improvement
GO Bonds
Capital, Improvement
GO Bonds
Capital Improvement
GO Bonds
Capital Improvement
GO Bonds
Capital Improvement
GO Bonds
Capital Improvement
GO Bonds
Capital Improvement
GO Bonds
Capital Improvement
GO Bonds
Capital Improvement
GO Bonds
Capital Improvement
GO Bonds Capital Improvement
GO Bonds Capital Improvement
New Fundinq 2015
400,000
25,000
150,000
400,000
350,000
500,000
100,000
800,000
250,000
50,000
250,000
50,000
500,000
50,000
75,000
84,000
50,000
123,000
28,650
800,000
75,000
100,000
Pedestrian Safety, Pavement Marking, Streetlight Improvements
GO Bonds
Capital Improvement
150,000
Penny Park Renovations
GO Bonds
Capital Improvement
400,000
Pitner Street Resurfacing & Water Main (Dempster to Nathaniel)
GO Bonds
Capital Improvement
195,000
Police Cameras
GO Bonds
Capital Improvement
325,000
Police/Fire Parking Lake Street
GO Bonds
Capital Improvement
150,000
Service Center Outside Maintenance and Storage
GO Bonds
Capital Improvement
50,000
ISheridan Road Signal Upgrade Project (Main to Burnham)
GO Bonds
Capital Improvement
150,000
(Sidewalk-- 50/50 Replacement Program
GO Bonds
Capital Improvement
150,000
Solar Power Installation
GO Bonds
Capital Improvement
55,000
Street Patching various locations
GO Bonds
Capital Improvement
150,000
(Structural Engineering Contract Services
i
GO Bonds
Capital Improvement
100,000
(Alley Paving
GO Bonds
Special Assessment
750,000
(Alley Special Assessment Assistance
i
GO Bonds
Special Assessment
10,000
ISheridan Road/Chicago Improvements-- Water Main, Street,
Bike Lane, Lighting, Signal (Design & Construction)
GO Bonds
Water
4,225,000
(Standpipe Painting and Mixing Equipment
GO Bonds
Water
2,250,000
TOTAL
$
14,320,650.00