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Home My WebLink About7.b. Assessment Hearing - GlenRose of Rosemount Street and Utility Improvements City Project #397AGENDA ITEM: Assessment Hearing GlenRose of Rosemount Street and Utility Improvements City Project #397 AGENDA SECTION: Public Hearing PREPARED BY: Andrew J Brotzler, PE, City Engineer AGENDA NO. ATTACHMENTS: Project Cost and Funding Summary, Resolution; Map APPROVED BY: RECOMMENDED ACTION: Motion to Adopt a Resolution Adopting the Assessment Roll for the GlenRose of Rosemount Street and Utility Improvements, City Project #397 4 ROSEMOUN 1 CITY COUNCIL City Council Meeting October 17, 2006 EXECUTIVE SUMMARY BACKGROUND: At the September 19, 2006 meeting the City Council declared costs and called for the Public Hearing to consider the assessments for the GlenRose of Rosemount Street and Utility Improvements, City Project #397. The total project cost is $1,639,356 Of this amount, $90,168 is proposed to be assessed to adjacent properties as shown on the attached assessment roll. This proposed amount to be assessed is $46,568 more than the amount proposed to be assessed in the feasibility report The increase in the assessment amount is directly related to increased easement acquisition costs for the project The project will be assessed over a 10 -year period at an interest rate of 5.9659 The attached figure provides additional detail as to the funding breakdown for easement acquisition costs associated with the project As illustrated in the attached exhibit, acquisition costs for construction easements were separated into three categories, based on the type of improvement provided to the benefiting property owner and the pre existence of utility easements over existing infrastructure These three categories included both contributions from the City, and what was previously presented in the project Feasibility Study and can be considered "Project Costs "Project Costs" for all acquisitions are further split evenly between the developer (Dean Johnson Homes) and assessments Funding for the Hidden Valley parcel easements was split 50/25/25 as a percentage of the total acquisition cost between the City, the developer, and assessments, respectively (50% City, 50% Project Cost). This split was determined on the basis of the fact that approximately half of the area to be acquired resided over existing infrastructure, hence the 50% City parucipation The cost of acquisition for the area over existing infrastructure was not applied to assessments Funding for the Lucking and Gramsey parcel easements was split 75/12 5/12 5 as a percentage of the total acquisition cost between the City, the developer, and assessments, respectively (75% City, 25% Project Cost). This split was determined on the basis of sewer services having been installed previously as a separate project, with only water services being extended to these parcels m the current project Funding for the Peters and Franz parcel easements was spht 50/50 as a percentage of the total acquisition cost between the developer and assessments, respectively (100% Project Cost). This split was determined on the basis of both sewer and water services being extended as a part of the project. Again, the attached exhibit provides an illustration of the above descnpnon. If required, Staff will provide a brief overview of the project and answer any questions that you or the C \Documents and Semngs \adc Desktop \October 17, 2006 \CP397- AdoptAssessmentCC10 -17 -06 doc Packet page 115 of 207 ITEM I AMOUNT CONSTRUCTION COST: Watermain Sanitary Sewer Storm Drain Street $275,986 $208,198 $189,317 $442,105 Subtotal $1,115,606 ENGINEERING: Design Engineering Construction Engineering Soil Borings/Testing $107,943 $150,642 $18,114 Subtotal $276,699 ADMINISTRATION, LEGAL, FINANCE Administration (5% Construction Cost) Legal Notices Legal Fees Communication Costs Recording Fees Easement Acquisition Costs Other Costs (Professional) Bond Issuance Costs Permits $55,780 $392 $11,079 $179,800 Subtotal $247,051 TOTAL PROJECT COST $1,639,356 PROJECT COST SUMMARY CITY PROJECT #397 GLENROSE OF ROSEMOUNT STREET UTILITY RECONSTRUCTION PROJECT Packet page 117 of 207 C \Documents and Semngs \adc Desktop \October 17, 2006 CP397-Protect Cost Summary Assessments Fena1 doe TOTAL PROJECT COST FUNDING SOURCES AMOUNT Streets Developer CIP Assessments $529,810 Subtotal $529,810 Storm Drain Developer Core Assessments $257,620 Subtotal $257,620 Sanitary Sewer: Developer Utility Core Assessments $272,554 $85,141 $19,032 Subtotal $376,727 Watermain: Developer Utility Core Assessments $220,254 $183,809 $71,136 Subtotal $475,199 TOTAL FUNDING $1,639,356 Packet page 118 of 207 PROJECT FUNDING SUMMARY CITY PROJECT #397 GLENROSE OF ROSEMOUNT STREET AND UTILITY IMPROVEMENTS C \Documents and Semngs \adc \Desktop \October 17, 2006 CP397-Project Funding Summary Assessments Final doc A RESOLUTION ADOPTING THE ASSESSMENT ROLL FOR GLENROSE OF ROSEMOUNT STREETS AND UTILITY IMPROVEMENTS CITY PROJECT #397 WHEREAS, pursuant to notice duly given as required by law, the City Council has met, heard and passed upon all objections to the proposed assessment for GlenRose of Rosemount Streets and Utility Improvements, City Project #397, and has amended such proposed assessment as it deems just NOW THEREFORE BE IT RESOLVED by the City Council of the City of Rosemount, Minnesota, as follows (1) Such proposed assessment, m the amount of $90,168, a copy of which is in Clerk's File dated 10 -17 -06 is hereby accepted and shall constitute the special assessment against the lands named therein, and each tract of land therein is hereby found to be benefited by the proposed improvement. (2) Such assessments shall be as follows: (3) CITY OF ROSEMOUNT DAKOTA COUNTY, MINNESOTA RESOLUTION 2006- a. The assessments shall be payable in equal annual installments extending over a period of ten (10) years, the first of said installments to be payable with general taxes for the year 2006, collectible with such taxes during the year 2007. b. To the first installment shall be added interest at the rate of 5.9659% per annum on the entire principal amount of the assessment from the date of this resolution until December 31 of the year in which such installment is payable To each subsequent installment, when due there shall be added interest for one year at said rate on the unpaid principal amount of the assessment. c. The owner of any property so assessed may at any time prior to the certification of the assessment or the first installment thereof to the County Auditor, pay the whole of the principal amount of the assessment on such property with interest accrued to the date of payment to the City Treasurer, except that no interest shall be charged if the entire assessment is paid within 30 days from the date hereof, and such property owner may at any time prior to November 15 of any year pay to the County Auditor the entire principal amount of the assessment remaining due with interest accrued to December 31 of the year in which said payment is made The City Clerk shall forthwith transmit a certified duphcate copy of this assessment roll to the County Auditor to be extended on the tax hst of the County. ADOPTED this 17th day of October, 2006 Packet page 119 of 207 ATTEST Amy Domeier, City Clerk Packet page 120 of 207 (SEAL) CERTIFICATION VG' lliam H Droste, Mayor Resolution 2006 I hereby certify that the foregoing is a true and correct copy of a resolution presented to and adopted by the City Council of Rosemount at a duly authorized meeting thereof, held on the 1T day of October, 2006, as disclosed by the records of said City in my possession. Amy Domeier, City Clerk Motion by: Seconded by Voted in favor: Voted against: 2 O 6. O. E Zi y 4- a c m m m 4- Et Lt c c 0 0 E a co m N O O O O N LLI CC N N to O r ti i d r y o o a re Eo c o d of l o y 0el0ZI W O Q U 0 Z W Fe m W Z p W Z Z W W W U U foCOCO W W (o co CO W W W 0 O N co co aaQ Q z 136TH ST VII 0 AT I M zI COLE PA cr KT D i CCLISS TR L 0 t<, WELL r- y 137TH ST z LLTZ Q z C.) O 0 K O 0 i GlenRose of Rosemount 143RD ST W 140 9 T, J Iia 0 0 G `G °7 G OP P 142ND ST W W 3T r Q 143RD iT W SCHWARZ POND 15TH ST W w a 14 0 270 540 ST W 1,090 0 w a 1,620 2,160 Feet ut ct@+c ,CONNEMARA a 1 138TH ST W I' pi 138TH ST W-1 Zt QL O U, 138TH ST WI re 139TH ST W I'L_ wr�r w m i, Z' Q QI D Z w, ceI Q z ST W� m co z 7 C7 m 0 m z m m m SL4�R Y A 0 145TH ST W BLACK_BEF September 2006 FILE /snapvsharel,GIS /City/Maps/Cepa ,mental Maps /Engineering enrose Locate mxd Packet page 122 of 207