BY COUNCILOR STOVER:
RESOLVED, that the proper city officers are hereby authorized to enter into an agreement, substantially in the form of that on file in the office of the city clerk as Public Document No. __________, with St. Louis County for the county to reimburse the city for constructing intersection improvements at Rice Lake Road and Blackman Avenue/Hickory Street and Chinook Drive in the estimated amount of $83,320, payable to the city’s General Fund 440, Department 038, Object 5537, Project 0341TR.
STATEMENT OF PURPOSE: The purpose of this resolution is to authorize execution of an agreement with St. Louis County to allow the city to construct intersection improvements related to the realignment of Blackman Avenue and Rice Lake Road and to allow the county to reimburse the city for its costs of doing so.
These improvements, which are beneficial and necessary in their own right to improve traffic flow through the neighborhood, are prompted at this time as part of the Campus Park II development. As the county is responsible for Rice Lake Road within the city as well as without, the county has agreed to reimburse the city for its actual costs of constructing the improvements in question plus miscellaneous costs associated with the construction such as design, construction supervision, design preparation, etc. The estimated cost of this work is $83,320.