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2000-28 RESOLUTION NO. 2000-28 A RESOLUTION A UTHOZING THE REPLACEMENT OF THE D 0 WNTO WN PARKING GARA GE WHEREAS, the City parking garage located at N. Parker Drive and Wall street has reached the end of its useful life and is deteriorating, and WHEREAS, the City Planning Departmem has determined that there is a need to replace the existing parking garage with approximately 80 parking spaces, and WHEREAS, a new surface level parking lot constructed at this location will provide approximately 86 parking stalls, and WHEREAS, on March 6, 2000, the Plan Commission reviewed the parking lot plan and found it consistent with City plans noting that they have not reviewed the financial aspects of this matter; NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Janesville that the existing parking garage and the adjacent Barry Building be demolished and that the site be converted to a surface level parking lot; and BE IT FURTHER RESOLVED that the City Council hereby declare its intemion to fund the costs of this project by borrowing One Hundred Sixty Thousand and No/Dollars ($160,000) in the 2000 Note Issue and Two Hundred Thirty-Five Thousand and No/Dollars ($235,000) in the 2001 Note Issue, with the debt service paid through the General Fund. ADOPTED: March 13, 2000 APPROT.~LP_: /~/ .-st~n~ .~s heiffe-r i ~it~r ATTEST: Jean~/nn Wulf, City (]lerk-T~easure~{ APPROVED AS TO FORM: City Att~orney~ ~//~ Proposed by: Planning Department Prepared by: Assistant City Manager MOTION BY: Westphal SECOND BY: O' Lear~f COUNCILMEMBER AYE NAY PASS ABSENT WESTPHAL X MURPHY X O'LEARY X BRIEN X STEHURA X NOLL X SCHNEIDER X