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HomeMy WebLinkAboutResolution 2022-36 Water Supply Community Project Funding 1City of Corcoran County of Hennepin State of Minnesotewl a RESOLUTION IMU. 2022-36 Motion By: McKee Seconded By: Nichols April 14, 2022 A RESOLUTION OF SUPPORT FOR FUNDING THE CITY OF CORCORAN WATER WHEREAS, t WHEREAS, t Grove; and SUPPLY CONSTRUCTION PROJECT he City of Corcoran is a growing community of 67400 residents; and he City of Corcoran currently contracts for water supply from City of Maple WHEREAS, the City of Corcoran began planning for the City's first water supply system in 2019 which will serve the northeast portion of City; and WHEREAS, there are 1,984.1 buildable acres of land in the northeast portion of the City of Corcoran which the water supply system would serve; and WHEREAS, there are 568 single family homes which are cu this system with many additional acres to be developed into projects; and rrently or will be served by residential and commercial WHEREAS, the City is completing design for a complete water a well, water treatment facility, and water storage; and supply system including WHEREAS, the City has designed and bid municipal well #1 and is in design for the water treatment facility and water storage; and WHEREAS, the City anticipates final design to be complete in fall of 2022 and construction to begin in 2023 or before; and ritical to economic growth and vitality %J City; and is WHEREAS, the water supply c WHEREAS, the City is committed to provide a quality water supply system; and WHEREAS, the entire project is estimated to be approximately $20.5 million for the well, water treatment facility and water storage; and WHEREAS, the City is evaluating funding sources and anticipates having to bond for a large portion of the costs; and WHEREAS, the City is prepared to comm anticipated project costs; and it to a local match of 50% or more of the Page 1 of 2 City of Corcoran County of Hennepin State of Minnesota April 7 4, 2022 RESOLUTION NO. 2022-36 WHEREAS, the City is seeking $4 million in funds from the Community Project Funding program; and NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF CORCORAN, hereby support the funding r project. VOTING AYE ® McKee, Tom ® Bottema, Jon ® Nichols, Jeremy ® Schultz, Alan ® Vehrenkamp, Dean equest for the Corcoran Water Supply VOTING NAY U McKee, Tom ❑ Bottema, Jon ❑ Nichols, Jeremy ❑ Schultz, Alan ❑ Vehrenkamp, Dean Whereupon, said Resolution is hereby declared adopted on this 14t" day of April 2022. Tom McK e —Mayor ATTEST: City Seal Jessica Beise —Administrative Services Director Page 2 of 2