HomeMy WebLinkAbout6.h. Declare Costs for Assessment /Set Public Hearing for Biscayne Pointe 3rd Addition Street & Utiltiy Improvements, City Project #313CITY OF ROSEMOUNT
EXECUTIVE SUMMARY FOR ACTION
CITY COUNCIL MEETING DATE: September 19, 2000
AGENDA ITEM: Declare Costs for Assessment /Set Public
AGENDA SECTION:
Hearing, Biscayne Pointe 3` Addition Street & Utility
Consent
Improvements, City Project #313
PREPARED BY: Mark Fremder
AGENt
Senior Engineering Technician
ATTACHMENTS:. Resolution, Project Cost & Funding
APPROVED BY:
Summaries, Drawing
Attached are copies of the Project Cost and Funding Summaries for Biscayne Pointe 3rd Addition
Street & Utility Improvements, City Project #313.
The City received a petition for public improvements from Heritage Development on September
21, 1999. The Feasibility Report Project Cost Estimate was $ 1,166,000.
The project was completed in the Summer of 2000 with a total project cost of $971,054. This
total project cost includes $41,621 which will come from the Sanitary Sewer Core Fund and
$43,146 which will come from the Water Core Fund. Municipal State Aid for streets will
contribute $119,487 for work on Biscayne Avenue. Approximately $766,800 will come from
assessment to adjacent properties.
Staff is recommending setting a public hearing for October 17, 2000 to consider these
assessments.
RECOMMENDED ACTION: MOTION TO ADOPT A RESOLUTON DECLARING COSTS TO BE
ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT AND CALLING
FOR HEARING ON THE PROPOSED ASSESSMENT FOR BISCAYNE POINTE 3` ADDITION
STREET & UTILITY IMPROVEMENTS, CITY PROJECT #313
COUNCIL ACTION:
CITY OF ROSEMOUNT
DAKOTA COUNTY, MINNESOTA
RESOLUTION 2000 -
A RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING
PREPARATION OF PROPOSED ASSESSMENT, AND CALLING
FOR HEARING ON THE PROPOSED ASSESSMENT
BISCAYNE POINTE 3 RD ADDITION STREET AND UTILITY IMPROVEMENTS
CITY PROJECT #313_
WHEREAS, a contract has been let for the Biscayne Pointe 3" Addition Street & Utility
Improvements and the contract price for such improvement is $763,473, and the expenses
incurred or to be incurred in the making of such improvement amount to $207,581 so that
the total cost of the improvement will be $971,054.
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 $204,254, the portion of the cost to be assessed against benefited property
owners is declared to be $766,800.
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
2000, 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 17th day of October, 2000 in the City Hall at 8:00 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.
Resolution 2000 -
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 19th day of September, 2000.
Cathy Busho, Mayor
ATTEST:
Linda Jentink, City Clerk
Motion by:
Voted in favor:
Voted against:
Seconded by:
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PROJECT COST SUMMARY
CITY PROJECT #313
Biscayne Pointe 3rd Addition
Street & Utility Improvements
ITEM
AMOUNT
CONSTRUCTION COST:
Watermain
Sanitary Sewer
Storm Drain
Street
$131,806
$137,050
$130,924
$363,693
Subtotal
$763,473
ENGINEERING:
Design Engineering
Construction Engineering
Soil Borings/Testing
$35,208
$122,456
$2,238
Subtotal
$159,902
ADMINISTRATION, LEGAL, FINANCE
Administration (5% Construction Cost)
Legal Notices
Legal Fees
Communication Costs
Recording Fees
Street Lights
Other Costs (Easements)
Bond Issuance Costs
Permits
$38,174
$357
$980
$1,200
$6,578
$390
Subtotal
$47,679
TOTAL PROJECT COST
$971,054
PROJECT FUNDING SUMMARY
CITY PROJECT #313
Biscayne Pointe 3 Addition
Street & Utility Improvements
TOTAL PROJECT COST
FUNDING SOURCES
AMOUNT
Streets:
MSA
Assessments
$74,429
$387,793
Subtotal
$462,222
Storm Drain:
MSA
Assessments
$45,058
$121,963
Subtotal
$167,021
Sanitary Sewer:
Core
Assessments
$41,621
$132,198
Subtotal
$167,021
Watermain:
Core
Assessments
$43,146
$124,846
Subtotal
$167,992
TOTAL FUNDING
$971,054
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