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2024-531 CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: July 22, 2024 RESOLUTION NO: 2024-53 MOTION BY: McDonald SECONDED BY: von Oven A RESOLUTION FOR ACCEPTING THE FEASIBILITY STUDY, CONDUCTING A PUBLIC HEARING, AND AUTHORIZING PREPARATION OF PLANS AND SPECIFICATIONS FOR THE MARKET BOULEVARD RECONSTRUCTION PROJECT NO. 25-02 WHEREAS, pursuant to resolution of the Council adopted June 24, 2024, a feasibility report has been prepared by Kimley-Horn, Inc. with reference to the above-referenced project, and this report is being received by the Council on July 22, 2024: and WHEREAS, the feasibility report provides information regarding whether the proposed project is necessary, cost-effective, and feasible; whether it should best be made as proposed or in connection with some other improvement; the estimated cost of the improvement as recommended; and a description of the methodology used to calculate individual assessments for the applicable benefitting properties; and WHEREAS, on June 24, 2024, the City Council called for the public hearing to be held on July 22, 2024, for the Market Boulevard Reconstruction Project No. 25-02. The project includes roadway pavement reconstruction, curb and gutter replacement, sidewalk and trail replacement, sanitary sewer maintenance, storm sewer replacement, and watermain replacement, traffic signal, and ADA improvements; and WHEREAS, a minimum of ten (10) days' mailed notice of assessable properties and two (2) weeks’ published notice of the public hearing was given; and WHEREAS, the public hearing was held thereon the 22nd day of July 2024, in the Council Chambers at Chanhassen City Hall, 7700 Market Boulevard, at which all persons desiring to be heard were given an opportunity to be heard thereon. NOW THEREFORE, BE IT RESOLVED by the Chanhassen City Council: 1. The City Council has received and accepts the feasibility study on July 22, 2024, and consider the improvements of such project in accordance with the report and the assessment of applicable benefitting properties for a portion of the cost of the improvement pursuant to Minnesota Statutes, Chapter 429. 2. Such improvement is necessary, cost-effective, and feasible as detailed in the project’s Feasibility Study. 3. Such improvement is hereby ordered as proposed in the City Council resolution adopted July 22, 2024. Docusign Envelope ID: 328566A8-96E9-4528-B455-6D63E8A2F729 2 4. The City Council authorizes preparation of plans and specifications for the Market Boulevard Reconstruction Project No. 25-02. 5. The City Council declares its official intent to reimburse itself for the costs of the improvement from the proceeds of tax-exempt bonds. PASSED AND ADOPTED by the Chanhassen City Council this 22nd day of July 2024. ATTEST: Jenny Potter, City Clerk Elise Ryan, Mayor YES NO ABSENT Ryan McDonald Schubert von Oven Kimber Docusign Envelope ID: 328566A8-96E9-4528-B455-6D63E8A2F729