Agenda - Council - 11/24/2009 - Laserfiche WebLink

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These pieces should be considered with regard to the park as a whole, wetland, irrigation, etc. He offered that the proposal would be under $15,000. 5) RTC Joint Powers Agreement with Anoka County City Administrator Ulrich stated that staff put this on the agenda to do a quick overview of what the obligations are — what obligations we have met and which ones we would have to meet yet. He suggested rescheduling a time at a later date to look at the text. Director of Public Works Olson reported that the City of Ramsey entered in to a Joint Powers Agreement (JPA) with Anoka County for improvement of regional roadways adjacent to the Ramsey Town Center. This agreement, entered into in 2005, covers Armstrong, Bunker Lake and Ramsey Boulevards. The agreement covered improvements to Sunfish Lake Boulevard between Highway #10 and the Bunker Lake Boulevard intersection. A traffic signal at Sunwood Drive and Bunker Lake Boulevard was also included in the agreement. Mr. Olson referred to the map included in the case, which shows the improvements and the projected cost of each of them. He described the projects as well. Councilmember Look stated that all the figures listed on here, except for Sunfish Lake Boulevard is the City's responsibility. Mr. Olson stated that we are looking at $14 million — that was the original. Discussion ensued relating to how much money the City has to put out w /regard to this JPA. Mayor Ramsey stated that at this point there are only a couple other project left other than the Town Center. He added that he dislikes this entire JPA and he wondered if the City is having to cover the majority of the costs. He also wondered if there would be a benefit for the City or Council to cancel this whole JPA. Mr. Olson stated that the County pays the City about $300,000 per year. $14.5 million is the estimate — they are paying $4.5 million and we are paying $10 million. That agreement was to pay $300,000 a year over 20 years so we could bond for $4.5 million. Mayor Ramsey asked how much money was the RTC LLC supposed to be to which Mr. Olson replied $3 million. They paid some in assessments and some assessments came back. City Administrator Ulrich stated that much of the City's improvements can be paid with MSA. He added that we need to relook at this JPA and see if we are able to negotiate some timeframes and some other items as well. We need to make it more economically feasible for this development to move forward. He stated the original plan was to take this back to the Finance Committee and have them walk through it and deal with this JPA as a financial issue. City Council Work Session — September 29, 2009 Page 8 of 11