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Home My WebLink About6.h. Declare Cost for Assessment/Set Public Hearing for 2000 Street & Utility Reconstruction Improvements (Dodd Blvd), City Project #316It f CITY OF ROSEMOUNT EXECUTIVE SUMMARY FOR ACTION CITY COUNCIL MEETING DATE: September 18, 2001 AGENDA ITEM: Declare Costs for Assessment /Set Public AGENDA SECTION: Hearing, 2000 Street and Utility Reconstruction Consent Improvements, City Project #316 PREPARED BY: Bret Weiss, Interim City Engineer AGEN A 6 ATTACHMENTS: Resolution, Project Cost & Funding APPROVED BY: Summaries, Drawing V Attached are copies of Project Cost and Funding Summaries for the 2000 Street and Utility Reconstruction Improvements, City Project #316. The 2000 Budget included funding for street and utility improvements for the reconstruction of Dodd Boulevard between Chippendale and Shannon Parkway plus the reconstruction of Cimarron Avenue between 145" Street and Dodd Boulevard. The Feasibility Report Project Cost Estimate was $ 1,173,000 and the project was completed this year for a total cost of $1,018,263. This total cost includes approximately $39,060 attributable to the City Water Core Fund, $84,724 to the City Water Utility Fund, $32,134 to the Sanitary Sewer Core Fund, $8, 034 to the. Sanitary Sewer Utility Fund, $143,727 to the Storm Water Core Fund and $548,600 from the 2000 Street CIP. The remaining costs are to be assessed to the abutting properties. Staff is recommending setting a public hearing for October 16, 2001 at 7:30 p.m. or as soon thereafter as possible. 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 2000 STREET AND UTILITY RECONSTRUCTION IMPROVEMENTS, CITY PROJECT #316. COUNCIL ACTION: CITY OF ROSEMOUNT DAKOTA COUNTY, MINNESOTA RESOLUTION 2001 - A RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT, AND CALLING FOR HEARING ON THE PROPOSED ASSESSMENT 2000 STREET AND UTILITY RECOONSTRUCTION IMPROVEMENTS CITY PROJECT #316 WHEREAS, a contract has been let for the 2000 Street & Utility Reconstruction Improvements and the contract price for such improvement is $836,490, and the expenses incurred or to be incurred in the making of such improvement amount to $181,773 so that the total cost of the improvement will be $1,018,263. 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 $856,279, the portion of the cost to be assessed against benefited property owners is declared to be $161,984. 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 2001, 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. 3. The City Clerk, with the assistance of the Public Works Director 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 he shall file a copy of such proposed assessment in his office for public inspection; and BE IT FURTHER RESOLVED by the City Council of Rosemount, Minnesota: 1. A hearing shall be held on the 16th day of October, 2001 in the Community Center 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 r Resolution 2001 - 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: 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. ADOPTED this 18th day of September, 2001. Cathy Busho, Mayor ATTEST: Linda Jentink, City Clerk Motion by: Voted in favor: Voted against: Seconded by: 6 A PROJECT COST SUMMARY CITY PROJECT #316 2000 STREET & UTILITY RECON ITEM AMOUNT CONSTRUCTION COST: Watermain Sanitary Sewer Storm Drain Street 112,747 48,987 126,260 548,496 Subtotal 836,490 ENGINEERING: Design Engineering Construction Engineering Soil Borings/Testing 68,888 63,890 4,773 Subtotal 137,551 ADMINISTRATION, LEGAL, FINANCE Administration (5% Construction Cost) Legal Notices Legal Fees Communication Costs Recording Fees Street Lights Other Costs (Easement) Bond Issuance Costs Permits 41,825 349 402 60 500 696 390 Subtotal 44,222 TOTAL PROJECT COST $1,018,263 !' PROJECT FUNDING SUMMARY CITY PROJECT #316 2000 STREET AND UTILITY RECON TOTAL PROJECT COST' FUNDING SOURCES AMOUNT Streets: CIP Assessments 548,600 123,454 Subtotal 672,054 Storm Drain: Core Assessments 143,727 9,012 Subtotal 152,739 Sanitary Sewer: Utility Core Assessments 8,034 32,134 20,928 Subtotal 61,096 Watermain: Utility Core Assessments 84,724 39,060 8,590 Subtotal 132,374 TOTAL FUNDING $1,018,263 ■ i; J naj i� ;I a I� 1 - 1 �\ � - -L -�•�l y; �lv a� C L L�W I I > /T �LnE =- -11 /? — -` - a M 11 q �c �\I F- _ PROJECT LOCATION �— a III i _1 -1 I I I ' � I ! I ! ' � i 1 ® 350 Westwood Lake Office WCJQ 8441 Wayzata Boulevard Minneapolis, MN 55425 � 6'2- 541480 d� asrcruues, !x. FAX 541 -1700 INFRASTRUCTURE ENGINEERS - PLANNERS 2000 Street and Utility Reconstruction Project PROJECT LOCATION Rosemount, Minnesota I 1 0 400 800 WS8 ProjeC Ira. 1210.00 Date: February 15, 2000 Figure Number 1