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HomeMy WebLinkAbout18-008CITY OF LAKEVILLE RESOLUTION NO. 18-08 RESOLUTION SUPPORTING SUBMITTAL OF AN APPLICATION FOR CORRIDORS OF COMMERCE PROGRAM FUNDS FOR THE I-35WII-494 INTERCHANGE IMPROVEMENT PROJECT WHEREAS, the City of Lakeville is a member of the I -35W Solutions Alliance, which supports the funding, building, operating and maintaining of a robust multimodal transportation system that reduces congestion, improves safety, and enables the metropolitan area and the State of Minnesota to better compete with the other areas of the United States and the world; and WHEREAS, in 2013 the Corridors of Commerce program was created and authorized $300 million in bonding for projects not already in the State Transportation Improvement Program, in 2014 an additional $31.5 million was authorized, and in 2017 the Minnesota Legislature funded the Corridors of Commerce program by authorizing up to a total of $400 million for the construction, reconstruction and improvement of trunk highways for this round of the program; and WHEREAS, the I-35WII-494 interchange improvement project is not currently included in the State Transportation Improvement Program; and WHEREAS, the Corridors of Commerce program establishes two major goals: (1) to provide additional highway capacity on segments where there are currently bottlenecks in the transportation system; and (2) to improve the movement of freight and reduce barriers of commerce; and WHEREAS, the I-35WII-494 interchange improvement project is consistent with the guiding principles and objectives put forth in the Statewide Multimodal Transportation Plan, can begin within four years of award of funding, intersects the two most heavily congested state highways in the state, would reduce the worst freight and commuter bottleneck in the state (and 18th worst in the nation), and Phase I of the interchange project can be built with the Corridor of Commerce funding available resulting in a fully funded project. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Lakeville hereby supports the submittal of an application for Corridors of Commerce program funds for the I-35WII-494 Phase I interchange improvement project and nominates this project as a priority for funding. ADOPTED by the Lakeville City Council this 16th day of January 2018. 3tu a Charlene Friedges, City lerk Douglas P. Anderson, Mayor