2012-926 25 August 2012
A CITY OF JANESVILLE
RESOLUTION NO. 2012 -926
A Resolution authorizing State /Municipal Agreements between the City of Janesville and
State of Wisconsin regarding the design and reconstruction of STH 26 (Milton Avenue)
from Centerway to Kennedy Road and USH 14 (Humes Road) from Lexington Drive to
Pontiac Drive.
WHEREAS, STH 26 (Milton Avenue) from Centerway to Kennedy Road and USH 14 (Humes
Road) from Lexington Drive to Pontiac Drive are under State of Wisconsin jurisdiction with City
of Janesville connecting highway and maintenance responsibility; and
WHEREAS, the existing road surface on each of those highway sections are deteriorated and in
need of repair; and
WHEREAS, the City has requested that these highway sections be improved by the State of
Wisconsin; and
WHEREAS, the State of Wisconsin has commenced the process of programming the
reconstruction of these highway segments; and
WHEREAS, the funding for the repair and reconstruction design work for both highways will be
included in one or more future tax exempt City of Janesville issued general obligation
promissory note and /or bond issues (borrowing /public financing), with Janesville's projected
share of the design costs Forty Five Thousand and 00/100 Dollars ($45,000.00) for USH14 and
Two Hundred Sixty Six Thousand Two Hundred Fifty and 00/100 Dollars ($266,250.00) for
STH26; and
WHEREAS, Wis. Stats. § 66.0301and related statues empower(s) the parties to enter into
intergovernmental cooperative agreements for services and construction; and
WHEREAS, the Common Council find these two proposed intergovernmental agreements in the
best interests and benefit to of the City of Janesville, its residents, the public good, safety,
welfare, and health; and
WHEREAS, drafts of these two proposed intergovernmental agreements are attached to and
made a part of this Resolution as if fully set forth verbatim.
NOW, THEREFORE, BE IT RESOLVED, that the Common Council of the City of Janesville
hereby authorize the City Manager to execute and enter into the two attached State /Municipal
Intergovernmental Agreements with the State of Wisconsin Department of Transportation, on
behalf of the City of Janesville; and
BE IT FURTHER RESOLVED, that the City Manager and his designee(s), on behalf of the City
of Janesville, are hereby jointly and severally further authorized and empowered to negotiate,
draft, review, modify, amend, execute, enter into, file, and /or record additional agreements,
amendments, documents, and letters of understanding concerning this matter; and is further
authorized to take whatever additional other actions that the City Manager may determine, in his
sole discretion from time to time and at any time, necessary, desirable, and /or beneficial in the
public interest to effectuate the intent of this Resolution and /or these two programs /agreements;
and
BE IT FURTHER RESOLVED, by the Common Council of the City of Janesville that they
hereby approve and authorize the City Administration to take actions necessary to include and
provide such necessary funding for the repair and reconstruction design work for both highways
one or more future tax exempt City of Janesville issued general obligation promissory note
and /or bond issues (borrowing /public financing), with Janesville's projected share of the design
costs not to exceed Forty Five Thousand and 00/100 Dollars ($45,000.00) for USH14 and Two
Hundred Sixty Six Thousand Two Hundred Fifty and 00/100 Dollars ($266,250.00) for STH26
No funds from sources other than the Notes, Bonds, or the Available Funds identified above
are, or are expected to be, reserved, allocated on a long -term basis, or otherwise set aside by
the City for the project, except as permitted by the Internal Revenue Code of 1986, as
amended. This declaration of official intent is consistent with the budgetary and financial
circumstances of the City. The purpose of this Resolution is to satisfy the "official intent
requirement" of Treasury Regulation Section 1.150 -2.
ADOPTED: August 13, 2012
MOTION BY: Steeber
APPROVED: / SECOND BY: Liebert
r
//r COUNCILMEMBER AYE NAY PASS ABSENT
Eric Levitt, City M- ' ger
DONGARRA -ADAMS X
ATTEST: FARRELL X
?‘"//")//. l KEALY X
Jeaulf, City Clerk- reasur
LIEBERT X
APPROVED AS TO FORM: SEVERSON X
L fi /9, STEEBER X
City Attorney, Wald Klimczyk VOSKUIL X
Proposed by: PUBLIC WORKS DIRECTOR
Prepared by: PUBLIC WORKS DIRECTOR
and CITY ATTORNEY