RESOLUTION NO. 7034

A   RESOLUTION   OF  THE    CITY  OF  LAWRENCE,   KANSAS,   ORDERING   THE IMPROVEMENT  AND AUTHORIZING  THE  ISSUANCE   OF GENERAL  OBLIGATION BONDS FOR CERTAIN MAIN TRAFFICWAY IMPROVEMENTS INCLUDING, BUT NOT LIMITED TO STREET CONSTRUCTION, CURBING, GUTTERING, PAVING, ACQUIRING RIGHT-OF-WAY    AND    EASEMENTS,    SIDEWALK    AND    PEDESTRIAN     PATH CONSTRUCTION,                   DRAINAGE    IMPROVEMENT,     INSTALLATION    OF     TRAFFIC CONTROL DEVICES- INCLUDING SIGNS, SIGNALS, CABINETS, CONTROLLERS AND RELATED    EQUIPMENT,   AND   ALL   RELATED    DESIGN,   ENGINEERING    AND INSPECTION WORK.

BE IT RESOLVED BY THE GOVERNING BODY OF THE CITY OF LAWRENCE, KANSAS:

SECTION I. The Governing Body hereby finds that the following designated streets, or portions thereof, have been designated a major or main Trafficway within the City of Lawrence, Kansas, pursuant to K.S.A.

12-685 (Code of the City of Lawrence, Kansas, Section 17-501 et seq.), and amendments thereto:

6^th Street / HWY 40, from Folks Road to West City Limits

23^rd Street / KS HWY 10, from Iowa Street to Ousdahl Road

SECTION II.  The Governing  Body hereby authorizes  the construction  of certain main trafficway improvements on the streets and intersections as set forth in Section 1, including, but not limited to street construction, curbing, guttering, paving, acquiring right-of-way and easements, drainage improvements, sidewalk and pedestrian path construction, installation of traffic control devices - including signs, signals, cabinets, controllers and related equipment, and all related design, engineering and inspection work and

authorizes the issuance of general obligation bonds pursuant to K.S.A. 12-685 et seq. to pay the costs

thereof.

SECTION Ill. The estimated cost for these improvements on the streets and intersections described in Section  1, is $325,000  plus costs of issuance and interest on any temporary  financing  for said improvements.  The cost of the improvements shall be paid from all lawful sources including the issuance

of General Obligation Bonds pursuant to K.S.A. 12-685 et seq. and other lawful authority.

SECTION IV. The City expects to design, construct and to make capital expenditures on and after the date of adoption of this resolution in connection with the improvements set forth in this resolution, and the City intends to reimburse itself for such expenditures with the proceeds of the bonds and/or notes in the maximum  principal amount of $325,000 plus costs of issuance and plus costs of interest on any temporary financing.

ADOPTED  by the Governing Body of the City of Lawrence, Kansas on this 23^rd day of July, 2013.

                                                                                              APPROVED                             

                                                                                              _____________________________

                                                                                              Michael Dever, Mayor

ATTEST:

_____________________________

Jonathan M. Douglass, City Clerk

Approved as to form and legality

_____________________________

Toni Wheeler                            Date

City Attorney