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HomeMy WebLinkAbout20080421 - VIII-A-1CITY OF HASTINGS VIII-A-1 DAKOTA COUNTY, MINNESOTA Resolution No. Resolution Supporting the Installation of Traffic Signals at the Intersection of Trunk Highway 61 and 23'~ Street, and the Need for Other Public Improvements in the Area Near 23rd Street and Trunk Highway 61 WHEREAS, a combination of high traffic volumes on Trunk Highway 6i between the Vermillion River and the Trunk Highway 6i and Trunk Highway 316 intersection, and a lack of controlled access hampers public access in this area and creates additional problems for redeveloping the east side of Trunk Highway 6i in this area, and WHEREAS, the City's Draft Comprehensive Plan and the City's recently adopted Vermillion Street Corridor plan include concepts calling for the installation of a traffic signal at the intersection Trunk Highway 6i and 23~ Street, the extension of 23~a Street east to connect with 21~ Street west of Commerce Drive, the closure of the intersection of Trunk Highway 61 and 21~ Street, and the construction of a frontage road on the east side of Trunk Highway 6i between 23~ Street and the Civic Arena, and WHEREAS, the City of Hastings' Economic Development Committee has recommended that the City pursue the installation of a traffic signal at the intersection of State Highway #6i and 23rd Street. NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HASTINGS AS FOLLOWS; City Staff is hereby directed to work with the Minnesota Department of Transportation to identify issues that need to be addressed in order to proceed with the identified road improvements, including but not limited to the possible installation of a traffic signal at the intersection of Highway #6i and 23rd Street and those improvements outlined in the City's Draft Comprehensive Plan and the Vermillion Street Corridor Plan. Staff is directed to also identify means to fund the construction of these projects, and report back to the City Council. ADOPTED BY THE CITY COUNCIL OF HASTINGS, MINNESOTA, THIS 21~ DAY OF APRIL, 2008. Ayes: Nays: ATTEST: Paul J. Hicks, Mayor Melanie Mesko Lee, City Clerk (Seal) CITY OF HASTINGS INVESTMENTS BY SECURITY TYPE 0~ ^CD's ^ Money Market ^Commercial Paper ®Farm Credits ®Federal Home Loan Bank Fannie Mae ~ Federal Home Loan Note ®Freddic Mac ^Taxable Municipals 1% 12% CITY OF HASTINGS INVESTMENTS as of 03/31/2008 14,000,000.00 12,000,000.00 10,000,000.00 3 8,000,000.00 > 6,000,000.00 4,000,000.00 2,000,000.00 0.00 i Length of Maturity ~MM ®1 Yr and Under O 1 yr-3 yr O 3-5 yr ^ 5-10 yr ^ 10-15 yr O .~ Q' N ~ ~ O ~ C ~ ~ U f6 = O 4- C O O ~ W U - m U C (6 C W N Y 0 a o N ,~ N (p O r M ~ Q r Lll O O C O ~ U O ~ O b O O ~ N C m N W U O O ..~ O ~ d (6 7 CO m Q ~ O W O N V ~ T Q a O LL. O O w N O r O M Q N r ~I J O ~O ~ U_ ~ O N L ~o ~ M C ~ ~ ~ U X C ~ ~ ~ m ~ m ~ o~ -a o-~a~ H 3 .o 0 M 0 tf) N O ~i' M N O Ch r f~ O ~ ~ ~ M h ~ N W O O M O ~ O O O O O O O N N N N O) f0 c U a~ a 0 0 N tf) O M O O N O M O O N O M N 0 0 O O V' N O O O M N Ch O O ~ N O O ° ~ N p r O ° ~ O p O ~ N ~ m ~ M ~ O O O ~ ~ ~ f6 C . ~ . ~ d M O O O T t4 T (6 O_ O_ C Y O O ~ m _ m c O) ~ O ~ (B C N ~ N y~ N Y C ~ Y C ~ N Q o f6 f6 fA ~ (6 t6 N Q a a~ a~ S O N O ~ (06 O ~ (06 ~ ° f6 ~ N O d L ~ N C O ~ N L ~O -p v f/) ~ y N ~ ry~ N ~ o a 0 ~ Q a ~ Q d m ~ ~ E E ~X ~X Z aXi > ~ ~ oo~ 0 o c- ~ ~ ~ N N M ~ ~ O M O O r O O r Lf) Ln ~ N M O ~ M O O O O O O l0 tf) ~ ~ N N O r' O N 0 o r~ 000 ~ ~ N N N O O ~ O O to ~ ~ O ~ N M N M d ~ ~. E X d Q O ~ N C O '~ ~ O O ~ p~ N ~ "' :p O a ~ ~ ~ m N ? L y Q ~ C d 7 p ~ Q O 0 d Efl ~ O ~ M 0 C7 cfl O a