HomeMy WebLinkAbout6.f. Declare Cost/Set Hearing - 2008 Street Improvements Project, City Project 418AGENDA ITEM: Declare Cost/Set Hearing 2008 Street
Improvements Project, City Project #418
AGENDA SECTION:
Consent
PREPARED BY: Andrew J. Brotzler, PE, City Engineer
AGENDA NO. bk.
ATTACHMENTS: Resolution; Project Cost and Funding
ry; Map
APPROVED BY:
Summa DA)
RECOMMENDED ACTION: Motion to Adopt a Resolution Declaring Costs to be Assessed
and Ordering Preparation of Proposed Assessment and Calling for Hearing on the
Proposed Assessment for the 2008 Street Improvements Project, City Project #418.
4 ROSEMOUNT
BACKGROUND:
CITY COUNCIL
City Council Meeting: September 16, 2008
EXECUTIVE SUMMARY
Attached are the Project Cost and Funding Summaries for the 2008 Street Improvements Project, City
Project #418.
The 2008 Street Improvements Project included surface improvements to approximately 1.2 miles of 32-
foot wide urban streets including Claret Avenue (between 155t Street West and Cornell Trail West,
Cornell Trail (between Claret Avenue and east end), 156 Street West (between Claret Avenue and
Chippendale Avenue), and Cicerone Path (from Cornell Trail West southwest approximately 720 feet).
The attached tables outline the project costs and funding, and the attached map highlights the project area
and the properties proposed to be assessed.
SUMMARY:
Staff is recommending setting a public hearing for October 21, 2008 at 7:30 p.m. or as soon thereafter as
possible.
G: \ENGPROJ 418 \DeclareCost- SetPHCC8- 16 -08.doc
CITY OF ROSEMOUNT
DAKOTA COUNTY, MINNESOTA
RESOLUTION 2008
A RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING
PREPARATION OF PROPOSED ASSESSMENT, AND CALLING
FOR HEARING ON THE PROPOSED ASSESSMENT
2008 STREET IMPROVEMENTS PROJECT
CITY PROJECT #418
WHEREAS, a contract has been let for the 2008 Street Improvements Project and the construction cost
for such improvement is $745,500, and the expenses incurred or to be incurred in the making of such
improvements amount to $160,700, so that the total cost of the improvement will be $906,200.
NOW, THEREFORE, BE IT RESOLVED by the City Council of Rosemount, Minnesota:
1. The portion of the cost of such improvement to be paid by the City is hereby declared to be
$665,670. The portion of the cost to be assessed against benefited property owners is declared to be
$240,530.
2. Assessments shall be payable in equal annual installments extending over a period of 10 years, the
first of the installments to be payable with general taxes for the year 2009, and shall bear interest at
the rate of 2% points per annum above the interest rate paid by the City for its bonds from date of
the adoption of the assessment resolution, or 2% over our financial consultant's estimated true
interest cost (TIC) for a 10 -year bond transaction for the City of Rosemount issued in April /May of
this year.
3. The City Clerk, with the assistance of the City Engineer shall forthwith calculate the proper amount
to be specially assessed for such improvement against every assessable lot, piece or parcel of land
within the district affected, without regard to cash valuation, as provided by law, and she shall file a
copy of such proposed assessment in her office for public inspection; and
BE IT FURTHER RESOLVED by the City Council of Rosemount, Minnesota:
1. A hearing shall be held on the 21' day of October, 2008 in the Council Chambers at 7:30 p.m. or as
soon thereafter as possible, to pass upon such proposed assessment and at such time and place all
persons owning property affected by such improvement will be given an opportunity to be heard
with reference to such assessment.
2. The City Clerk is hereby directed to cause a notice of the hearing on the proposed assessment to be
published once in the official newspaper at least two weeks prior to the hearing, and she shall state
in the notice the total cost of the improvement. She shall also cause mailed notice to be given to the
owner of each parcel described in the assessment roll not less than two weeks prior to the hearings.
BE IT FURTHER RESOLVED by the City Council of Rosemount, Minnesota:
ADOPTED this 16 day of September, 2008.
ATTEST:
The owner of any property so assessed may, at any time prior to certification of the assessment to
the County Auditor, pay the whole of the assessment on such property, with interest accrued to the
date of payment, to the City, except that no interest shall be charged if the entire assessment is paid
within 30 days from the adoption of the assessment. The owner may at any time thereafter, pay to
the County Auditor the entire amount of the assessment remaining unpaid, with interest accrued to
December 31 of the year in which such payment is made. Such payment must be made before
November 15 or interest will be charged through December 31 of the succeeding year.
Amy Domeier, City Clerk
Motion by: Seconded by:
Voted in favor:
Voted against:
2
William H. Droste, Mayor
Resolution 2008
2008 Street Improvement Project
City Project #418
WSB Project 1668 -31
Surface Improvements
Sidewalk Improvements
Total
Construction Cost
561,100.00
184,400.00
745,500.00
Prepared By:
Date:
Project Cost
LEAF
124,300.00
36,400.00
160,700.00
Street CIP Fund
General Fund
Special Assessments
AAA
09/10/2008
Total
685,400.00
220,800.00
906,200.00
Proposed Funding
444,870.00
220,800.00
240,530.00
Cost Distribution Calculations
2008 Street Improvement Program Project Quiet
WSB Project: Zone Improvements
Project Location: City of Rosemount
City Project No.: 418
WSB Project No.: 1668 -31
Design By: AAA
Checked By: AAA
Date: 09/10/2008
Special Assessments
Single Family Units
47
Multi Family Units
140
Total Units
187
Total Area of Single Family Units
11.88 Acres
Total Area of Multi Family Units
18.68 Acres
Average Area Per Single Family Unit
0.25 Acres
Average Area Per Multi- Family Unit
0.13 Acres
Multi Family /Single Family size of lot)
53%
Equivalent Number of Assessable Multi Family Units
74 Units
Total Equivalent Number of Assessable Units
121 Units
Total Surface Improvements
$685,400
*Assessable Percentage of Project Cost
35%
Total Assessment
$240,530
Per Unit Assessment
$1,990
Single Family Unit Assessment
$1,990
Single Family Total Assessment
$93,530
Multi Family Unit Assessment
$1,050
Multi Family Total Assessment
$147,000
I Total Assessments)
$240,5301
As per City of Rosemount Schedule of Rates and Fees
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2,280
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153RD ST W
December 2007