Agenda - Council - 02/24/2004 - Laserfiche WebLink

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JOINT POWERS AGREEMENT BETWEEN ANOKA COUNTY AND THE CITY OF RAMSEY FOR THE PUBLIC WORKS IMPROVEMENTS RELATED TO THE RAMSEY TOWN CENTER DEVELOPMENT RAMSEY, MINNESOTA This A~eement is made and entered into this __ day of ,2004, by and between the County of Anoka, a political subdivision of the State of Minnesota, 2100 Third Avenue, Anoka, Minnesota, hereinafter referred to as the "County" and the City of Ramsey, 15153 Nowthen Boulevard, Ramsey, Minnesota 55303, hereinafter referred to as the "City." WITNESSETH: WIIEI~E~ AS~ the City has entered into a development agreement with Ramsey Town Center, L.L.C. for the developme~ of the Ramsey Town Center (hereinafter referred to as "RTC") between Trunk Highway 10, County Road No. 116, County State Aid Highway 83, and County Road No. 56, which project would require the major reconstrUCtion and expansion of both County and State highways, as well as construction and extension of utilities to serve the RTC and surrounding areas; and, WHEREAS, the level of development is intense and has substantial impact on the movement of traffic on Trunk Highway 10, County Road No. 56, County State Aid Highway No. 83, and County Road No. 116 in the City of Ramsey~as well as impacts on County State Aii:l Highway No. 57 in the City of Ramsey; and, WHEREAS,' the City does not have sufficient funds available to pay for the cost of the improvements necessary for thee development of the RTC; and, WHEREAS,: the City has proposed to use funds generated by RTC together with funds to be contributed by the County as hereinafter set forth, and other funds of and available to the Cky, will be used to Pay for said improvements; ~and, WHEREAS, the parties hereto have agreed in principal as to the nature and extent of the improvements to be made, which !mprovements are described in Exhibit A, which is attached hereto and incorporated herein by reference and which are hereinafter collectively referred to as "improvements"; and, wHERBAs, ~he parties hereto agree that the cost of certain of the improvements be shared by the parties; and, , WHEREAS, .the parties have agreed that it is in their best interest that the City undertake the construction of the improvements on behalf of both parties, except as provided herein; and, WHEP,.EAS, Minn. Stat. § 471.59 authorizes political subdivisions of the State to enter into joint powers agreements for the joint exercise power;