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09-012CITY F S WO RESOLUTION NO. 09-012 RESOLUTION REQUESTING AUTHORITY TO ESTABLISH A MUNICIPAL STREET IMPROVEMENT DISTRICT WHEREAS, residents and businesses benefit from a sound, efficient and adequately funded transportation system that offers diverse modes of travel; and WHEREAS, under-investment in transportation infrastructure diminishes quality of life for Minnesota residents and hinders Minnesota's progress as a national business, economic and civic leader; and WHEREAS, the integrity of the City of Shorewood's transportation infrastructure is dependent upon long-term planning and ongoing maintenance, both of which require dedicated and sustainable revenue sources; and WHEREAS, existing funding mechanisms for local roads, such as special assessments, bonding and municipal state aid, have limited applications; and WHEREAS, the City of Shorewood does not have a stable funding stream for roads to keep pace with growing costs and changing needs; and WHEREAS, the cost of maintaining and repairing city streets increases by as much as six times when maintenance is deferred; and WHEREAS, transportation infrastructure maintenance and improvement costs can significantly contribute to rising property taxes; and WHEREAS, authority to establish a street improvement district would provide the City of Shorewood with an additional tool for funding transportation infrastructure maintenance and reconstruction. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF Shorewood that this council believes creation of a street improvement district would allow for preservation of the city's transportation infrastructure assets; and BE IT FURTHER RESOLVED BY THE COUNCIL OF THE CITY OF Shorewood that this council requests that the Minnesota Legislature provide authority for the City of Shorewood to create a street improvement district; and BE IT FURTHER RESOLVED BY THE COUNCIL OF THE CITY OF Shorewood that this Council requests that Governor Tim Pawlenty allow legislation providing authority for the City of Shorewood to create a street improvement district to become law. ADOPTED by the Shorewood City Council are February 23, 2009. ATTEST: Christine Lizee, Mayor