HomeMy WebLinkAbout7.a. Assessment Hearing - 2006 Pavement Management Project, City Project #396AGENDA ITEM: Assessment Hearing 2006 Pavement
Management Project, City Project #396
AGENDA SECTION:
Public Heanng
PREPARED BY: Andrew J Brotzler, PE, City Engineer
AGENDA NO.
ATTACHMENTS: Updated Project Cost and Funding
Summary, Resolution; Map
APPROVED BY:
RECOMMENDED ACTION: Motion to Adopt a Resolution Adopting the Assessment Roll
for the 2006 Pavement Management Project, City Project #396
4 ROSEMOUNT
City Council Meeting October 17, 2006
SUMMARY:
Packet page 104 of 207
CITY COUNCIL
EXECUTIVE SUMMARY
BACKGROUND:
At the September 19, 2006 meeting the City Council declared costs and called for the Pubhc Hearing to
consider the assessments for the 2006 Pavement Management Project, City Project #396.
The total project cost is $1,341,579. Attached is an updated project cost and funding summary of the total
amount, $582,305 is proposed to be assessed to adjacent properties as shown on the attached assessment
roll. The project will be assessed over a 10 -year period at an interest rate of 5.9659
If required, Staff will provide a brief overview of the project and answer any questions that you or the
pubhc may have regarding this item.
Staff recommends that the City Council adopt a resolution adopting the assessment roll as presented.
C \Documents and Settings \adc \Desktop \October 17, 2006\ CP396- AdoptAssessmentCC10 -17 -06 doc
ITEM
AMOUNT
CONSTRUCTION COST:
Watermain
Sanitary Sewer
Storm Drain
Street
$64,400
$48,379
$168,045
$777,220
Subtotal
$1,058,044
ENGINEERING:
Design Engineering
Construction Engineering
Soil Borings/Testing
$96,977
$113,550
$19,581
Subtotal
$230,108
ADMINISTRATION, LEGAL, FINANCE
Administration (5% Construction Cost)
Legal Notices
Legal Fees
Communication Costs
Recording Fees
Other Costs (Professional)
Bond Issuance Costs
Permits
$52,902
$525
Subtotal
$53,427
TOTAL PROJECT COST
$1,341,579
PROJECT COST SUMMARY
CITY PROJECT #396
2006 PAVEMENT MANAGEMENT PROJECT
C\Documents and Settings \adc\Desktop \October 17, 2006\CP396- Project Cost Summary Assessments Final doc
Packet page 105 of 207
TOTAL PROJECT COST
FUNDING SOURCES
AMOUNT
Streets
Sidewalk Fund
CI P
Assessments
$403,194
$582,305
Subtotal
$985,499
Storm Drain
Utility
Core
Assessments
$213,078
Subtotal
$213,078
Sanitary Sewer:
Utility
Core
Assessments
$61,344
Subtotal
$61,344
Watermain.
Utility
Core
Assessments
$81,658
Subtotal
$81,658
TOTAL FUNDING
$1,341,579
PROJECT FUNDING SUMMARY
CITY PROJECT 396
2006 PAVEMENT MANAGEMENT PROJECT
C \Documents and Settings \adc\Desktop \October 17, 2006\CP396- Project Funding Summary Assessments Final doe
Packet page 106 of 207
A RESOLUTION ADOPTING THE ASSESSMENT ROLL FOR
2006 PAVEMENT MANAGEMENT PROJECT
CITY PROJECT #396
WHEREAS, pursuant to nonce duly given as required by law, the City Council has met, heard and passed upon
all objections to the proposed assessment for 2006 Pavement Management Project, City Project #396, 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, in the amount of $582,305 a copy of which is m Clerk's File dated 10 -17 -06
is hereby accepted and shall consntute 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 m
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 pnncipal 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 cernfied 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 107 of 207
ATTEST:
Amy Domeier, City Clerk
Packet page 108 of 207
(SEAL)
CERTIFICATION
William 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 17th 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:
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