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HomeMy WebLinkAbout039-R-20 Expressing Official Intent Regarding Expenditures from the Funds of the City of Evanston, Cook County, Illinois4/17/2020 39-R-20 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 2020 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. 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 fifteen million, five hundred and fifty thousand dollars ($15,550,000). 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 39-R-20 shall be in full force and effect from and after its passage and approval in the manner provided by law. . 'Wk 4%4e�- Stephen H. Hagerty, Mayor Attest: Approved as to form: ado �cvvii fi.;J, 011y Clt;'a Kelley A. Gandurski, Corporation Eduardo Gomez, Deputy City Clerk Counsel Adopted: April 27, 20in , 2020 2 39-R-20 EXHIBIT A List of Capital Improvement Plan Projects Funded Through Bond Proceeds 12020 General Obliqation Bonds I Project Amount Chicaoo Ave, Howard to Davis - Ph I Enor Svcs 1 $ 400,000 ETHS/Church St/Canal Park Bike Infrastructure - Ph I Enar Svcs $ 300.000 Howard Street Corridor, Target Access to Callan, Ph III Engr Svcs $ 400,000 Howard Street Corridor, Target Access to Callan, Construction I $ 500,000 Main Street. Maple to Hinman - Ph II Enqr Svcs $ 20,000 WM - Dodae, Mulford to Howard $ 100,000 Sewer - Lyons, Darrow to East End $ 52,000 Central Street Bridge Replacement - Ph III Enor Svcs $ 100,000 Central Street Bridqe Replacement - Right-of-Wav Accuid $ 140,000 Central Street Bridge - Construction ( $ 250,000 Bridoe Insoection I $ 30,000 General Phase I Enoineerinq 1 $ 30,000 I Pavement Markino $ 110.000 Street Patch nq Program I $ 500.000 Streetliqht Replacement 1 $ 100,000 Traffic Calminq, Bicycle and Ped Improvements I $ 160,000 Harbert Park - Drainage Improvements 1 $ 100,000 Park Sion Replacements 1 $ 50.000 Parks Contingency 1 $ 75,000 ADA Transition Plan is 150,000 Beach House - Roofing and Tuckpointing (South Blvd, j Liqhthouse Landinq) I $ 30.000 Chandler - Masonry and Foundation Repairs $ 20,000 1 Civic Center - Planninq/Design Svcs $ 250,000 IFacilities Conti ngencv $ 600,000 I Fire Station 1 - Emeraencv Generator Rehabilitation $ 50,000 Fire Station 2 - Emergencv Generator Rehabilitation $ 100,000 I Fleetwood-Jourdain - Gym Floor Replacement 1 $ 250,000 1 Lagoon Building - Door and Window Replacements $ 100.000 Noyes - Chimney Repairs $ 45.000 1 Service Center - D Buildinq Structural Assessment $ 30,000 Service Center - Service Yard Resurfacinq I $ 425,000 (Service Center - Tuckpointina 1 $ 400.000 (Zero Emission Study 1 $ 50.000 1 IT - Network Switch Reliability $ 23,000 Fire Engine I $ 660.000 In -House Enaineerinq Services 1 $ 500,000 12020 GO Bond Total 1 $ 7,100,000 3 EXHIBIT A 2020 Water Bonds Project Amount 2020 Water Main Replacement $ 3,310,000 Lincolnwood Water Supply Connection $ 1.090,000 Water Treatment Plant Intake Heater Cable Replacement $ 1,000,000 Water Treatment Plant Laboratory Modemization $ 1.000,000 2020 Water Bond Total $ 6,400,000 2020 Sewer Bonds Robert Crown - Construciton 2020 Sewer Bond Total 2020 Library Bonds Main Library - Building Exterior Painting and Renairs Main Library - Building Interior Painting Main Library - Replace Elevator Operating Controls Main Library - Plumbinq Fixture Repl/ Unisex Bathroom Main Library - Fire Alarm/ Area of Rescue Assistance Main Library - Landscape Imorovements 2020 Library Bond Total JTotal all Bond Issues 4 I Project Amount is 1,500,000 1 $ 11500,000 Project Amount $ 70,000 $ 50,000 $ 55,000 $ 193,000 $ 147,000 $ 35,000 $ 550,000 I $ 15,550,000 39-R-20