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HomeMy WebLinkAboutResolution 11-R-26 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 th (1) (1)2/9/2026 11-R-26 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 2026 in the City’s Capital Improvement Plan, as adopted by the City Council of the City (the “Projects”) on November 24, 2025; 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. Page 1 of 8 11-R-26 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 amounts of the obligations expected to be issued for the Projects is twenty-four million six hundred, ninety-eight thousand ($24,698,000) dollars for tax-supported city bonds, twenty-two million five hundred fourty-eight thousand ($22,548,000) dollars for water fund abated bonds, and one million one hundred fifty-five thousand ($1,155,000) dollars for tax supported library bonds. 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 orinvalidity thereason, any unenforceable for invalidbetoheld beshall or unenforceability of such section, paragraph, or provision shall not affect any of the remaining provisions of this Resolution. SECTION 6: This Resolution 11-R-26 shall be in full force and effect from and after its passage and approval in the manner provided by law. _______________________________ Daniel Biss, Mayor Attest: _______________________________ Stephanie Mendoza, City Clerk Adopted: __________________, 2026 Approved as to form: _______________________________ Alexandra B. Ruggie, Corporation Counsel February 9 Page 2 of 8 11-R-26 EXHIBIT A List of Capital Improvement Plan Projects - Funded Through Bond Proceeds Page 3 of 8 City of Evanston 2026 Bond-Funded Projects 2026 GO Bonds Water Fund- Abated Bonds Library-Fund Abated Bonds TOTAL BOND FUNDING 170,000 100,000 -270,000Street Resurfacing, Water Main, and Sewer 170,000 100,000 -270,000Major Projects Chicago Ave, Howard to Davis, Fiber Optic Improvements, Phase II 70,000 --70,000 Chicago Ave, Howard to Davis, Phase II 100,000 --100,000 Main Street, Hartrey to Asbury, Phase I --100,000100,000 100,000 -100,000-Street Resurfacing, Water Main, and Sewer 100,000 -100,000-Street Resurfacing 100,000 -100,000-Emergency Street Repairs, Construction -16,790,000 -16,790,000Street Resurfacing, Water Main, and Sewer -16,790,000 -16,790,000Water Main -Annual LSLR, Construction 6,000,000 -6,000,000 Annual Water Main Replacement, Construction -8,953,000 -8,953,000 1,837,000-1,837,000LSLR Professional Support, Consulting - 380,000 150,000 -530,000Other Transportation 380,000 150,000 -530,000Major Projects Bus Stop ADA Improvements, Construction 150,000 --150,000 Divvy Bike Expansion, Construction 230,000 --230,000 Lincoln Street Bridge Replacement, Phase II -150,000150,000- -2,508,000Other Transportation 2,418,000 90,000 -2,508,0002,418,000 90,000Annual Projects -1,593,000Alley Paving, Construction 1,593,000 - -100,000Alley Paving, Phase III 100,000 - -25,000Bridge Inspection, Consulting 25,000 - -140,000General Phase I Engineering, Phase I 50,000 90,000 Streetlight LED Conversion/Pole & Fixture Replacement, Construction 200,000 --200,000 Traffic Calming, Bicycle & Ped Improvements, Construction 450,000 --450,000 Page 4 of 8 City of Evanston 2026 Bond-Funded Projects 2026 GO Bonds Water Fund- Abated Bonds Library-Fund Abated Bonds TOTAL BOND FUNDING 1,850,000Other Transportation --1,850,000 1,850,000 --1,850,000Sidewalk Projects 1,000,000 --1,000,000Downtown Sidewalks, Construction 350,000 --350,000Sidewalk Gap Infill, Construction 50,000 --50,000Sidewalk Grinding Program, Construction Sidewalk Improvement Program, Construction 450,000 --450,000 Parks 3,200,000 --3,200,000 3,200,000 --3,200,000Community Parks Beck Park Stage 2 Improvements, Consulting 160,000 --160,000 Church Street Harbor - Sedimentation Study, Study 200,000 --200,000 100,000 --100,000Dog Beach ADA Accessibility, Construction Fountain Square - North Plaza Repairs, Construction 600,000 --600,000 Fountain Square - South Plaza Improvements, Construction 100,000 --100,000 James Park - Baseball Quad Improvements, Consulting 15,000 --15,000 James Park - Pathway and Playground Impr, Construction 1,300,000 --1,300,000 Public Canoe Launch (incl. Eco Cntr Parking Lot), Construction 600,000 --600,000 Public Canoe Launch (incl. Eco Cntr Parking Lot), Consulting 125,000 --125,000 Parks 3,575,000 --3,575,000 3,575,000 --3,575,000Neighborhood Parks - Legacy 1,600,000 --1,600,000Cartwright Park Renovation, Construction 900,000 --900,000Fitzsimons Park Renovations, Construction 1,050,000 --1,050,000Philbrick Park Renovation, Construction 25,000 --25,000Raymond Park Renovations, Consulting 50,000 --50,000Parks 50,000 --50,000Neighborhood Parks Pooch Park - Pathway Improvement Payment, Construction 50,000 --50,000 Page 5 of 8 City of Evanston 2026 Bond-Funded Projects 2026 GO Bonds Water Fund- Abated Bonds Library-Fund Abated Bonds TOTAL BOND FUNDING 3,005,000Parks --3,005,000 3,005,000 --3,005,000Investment and Modernization 125,000 --125,000ADA Improvements in Parks, Construction 200,000 --200,000Court Rehabilitation, Construction Fence Replacement (Various Parks), Construction 125,000 --125,000 Parks Contingency, Construction 125,000 --125,000 Parks Lighting Modernization, Construction 350,000 --350,000 -330,000330,000 -Pathway improvements, Construction Playground Equipment Replacement, Construction 1,500,000 --1,500,000 Playground Safety Surfacing Replacement, Construction 250,000 --250,000 750,000 --750,000Facilities 750,000 --750,000Legacy Police/Fire HQ - Chiller Replacement, Construction 300,000 --300,000 Police/Fire HQ - Locker Room Upgrades, Construction 450,000 --450,000 2,945,000-Facilities -2,945,000 2,945,000--2,945,000Non-Legacy Chandler - ADA and Restroom Improvements, Consulting 50,000 --50,000 Fleetwood - East/North Site Improvements, Construction 500,000 --500,000 Fleetwood - Interior Renovations, Consulting 20,000 --20,000 Levy Center - Kitchen Upgrade, Construction 500,000 --500,000 Levy Center - Lobby Improvements, Construction 200,000 --200,000 Levy Center - Trash Enclosure Replacement, Construction 175,000 --175,000 1,300,000Prieto - HVAC Electrification, Construction 1,300,000 -- 200,000Prieto - HVAC Electrification, Consulting 200,000 -- Page 6 of 8 City of Evanston 2026 Bond-Funded Projects 2026 GO Bonds Water Fund- Abated Bonds Library-Fund Abated Bonds TOTAL BOND FUNDING 3,675,000Facilities -1,155,000 4,830,000 3,675,000 -1,155,000 4,830,000Investment and Modernization ADA Improvements in Facilities, Construction 300,000 --300,000 Citywide Roof Repairs (locations to be determined), Construction 700,000 --700,000 Citywide Roof Repairs (locations to be determined), Consulting 100,000 --100,000 Facilities Contingency, Construction 700,000 --700,000 Facilities Lighting Modernization, Construction 350,000 --350,000 1,050,000 2,100,000-Main Library - Roof Repair, Construction 1,050,000 105,000 210,000-Main Library - Roof Repair, Consulting 105,000 Park Fieldhouse Restroom Renovation, Construction 350,000 --350,000 Park Fieldhouse Restroom Renovation, Consulting 20,000 --20,000 Miscellaneous 2,580,000 --2,580,000 City Facilities Healthy Buildings Compliance Assessment, Study 500,000 --500,000 City Fleet Charging Infrastructure, Construction 250,000 --250,000 City Solar Infrastructure, Construction 200,000 --200,000 Fiber Optic System Upgrades, Construction 430,000 --430,000 Participatory Budgeting Improvements, Construction 1,000,000 --1,000,000 Public Vehicle Charging Stations, Construction 200,000 --200,000 Page 7 of 8 City of Evanston 2026 Bond-Funded Projects 2026 GO Bonds Water Fund- Abated Bonds Library-Fund Abated Bonds TOTAL BOND FUNDING -Water Treatment, Billing and Storage 5,418,000 -5,418,000 -250,000 -250,00036 Meter and Backwash Tap, Consulting -300,000 -300,000A15 Valve Replacement, Construction -200,000 -200,000Corrosion Control Improvements, Consulting -150,000 -150,000HL 7 Engine Replacement, Consulting -250,000 -250,000Pumping Station Overflow, Construction -100,000 -100,000Pumping Station Overflow, Consulting Retail Water Meter Replacement Program Phase 2 & MIU, Construction -1,300,000 -1,300,000 Roof Improvements, Construction -400,000 -400,000 Security Fence, Construction -2,000,000 -2,000,000 Security Fence, Consulting -188,000 -188,000 Shorewell Safety Improvements, Consulting -30,000 -30,000 West Plant Dehumidification, Construction -250,000 -250,000 24,698,000 22,548,000 1,155,000 48,401,000Grand Total Page 8 of 8