HomeMy WebLinkAbout6.g. Declare Cost/Set Public Hearing, Biscayne Avenue Improvements, City Project #249CITY OF ROSEMOUNT
EXECUTIVE SUMMARY FOR ACTION
CITY COUNCIL MEETING DATE: September 2, 1997
AGENDA ITEM: Declare Cost/Set Public Hearing, Biscayne AGENDA SECTION:
Avenue Improvements, City Project #249 Consent
PREPARED BY: Bud Osmundson AGENDA 0—.T -
City Engineer/Public Works Director j 6
ATTACHMENTS: Resolution, Cost/Funding Spreadsheets APPROVED BY:
Attached are project costs, funding summaries and a resolution declaring all costs for the
above referenced project. The Biscayne Avenue Improvements were constructed in
1995 and 1996 with a total project cost of $1,825,136. The construction contract
totaled $1,492,941 with legal, engineering, administration, finance totaling an additional
$332,195. The original Feasibility Report estimate was $2.38 million dollars.
The funding for the project is to come from assessments, Municipal State Aid (MSA) and
the various utility core funds as shown.
Staff recommends that the Council take the action as stated below.
RECOMMENDED ACTION: MOTION TO ADOPT A RESOLUTION DECLARING COST TO BE
ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENTS AND CALLING
FOR HEARING ON THE PROPOSED ASSESSMENTS FOR BISCAYNE AVENUE
IMPROVEMENTS, CITY PROJECT #249.
COUNCIL ACTION:
2
CITY OF ROSEMOUNT
DAKOTA COUNTY, MINNESOTA
RESOLUTION 1997 -
A RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING
PREPARATION OF PROPOSED ASSESSMENT, AND CALLING
FOR HEARING ON THE PROPOSED ASSESSMENT
BISCAYNE AVENUE IMPROVEMENTS
CITY PROJECT #249
WHEREAS, a contract has been let for Biscayne Avenue Improvements and the contract
price for such improvement is $1,492,941, and the expenses incurred or to be incurred in
the making of such improvement amount to $332,195 so that the total cost of the
improvement will be $1,825,136.
NOW, THEREFORE, BE IT RESOLVED by the City Council of Rosemount, Minnesota:
The portion of the cost of such improvement to be paid by the City is hereby declared
to be $1,253,590 and the portion of the cost to be assessed against benefited
property owners is declared to be $571,546.
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
1997, 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 7th day of October, 1997 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 1997 -
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 2nd day of September, 1997.
ATTEST:
Susan M. Walsh, City Clerk
Motion by:
Voted in favor:
Voted against:
K
Cathy Busho, Mayor
Seconded by:
L
y
NO SCALE
PROJECT LOCATION 011111111116 7-19-94
AW ROSEMOUNT, MINNESOTA FILE NO.
® 9406
-i BISCAYNE AVENUE IMPROVEMENTS DRG NO
Q
ENGINEERS ■ARCHITECTS /PLANNERS CITY PROJECT NO. 249 O
PROJECT COST SUMMARY
CITY PROJECT #249
BISCAYNE AVENUE IMPROVEMENTS
ITEM
AMOUNT
CONSTRUCTION COST:
Watermain
Sanitary Sewer
Storm Drain
Street
$254,249.00
$44,152.00
$572,595.00
$621,945.00
Subtotal
$1,492,941.00
ENGINEERING:
Design Engineering
Construction Engineering
Soil Borings/Testing
$142,327.00
$85,639.00
$1,997.00
Subtotal
$229,963.00
ADMINISTRATION, LEGAL, FINANCE
Administration (5% Construction Cost)
Easements
Legal Notices
Legal Fees
Recording Fees
Communication Costs
Bond Issuance Costs
Permits
$74,647.00
$1,128.00
$561.00
$725.00
$64.00
$381.00
$24,155.00
$571.00
Subtotal
$102,232.00
TOTAL PROJECT COST
$1,825,136.00
PROJECT FUNDING SUMMARY
CITY PROJECT #249
BISCAYNE AVENUE IMPROVEMENTS
TOTAL PROJECT COST
FUNDING SOURCES
AMOUNT
Streets:
MSA
Assessments
$357,490.00
$402,844.00
Subtotal
$760,334.00
Storm Drain:
MSA
Assessments
Storm Water Core Fund
Storm Water Utility
$369,066.00
$25,295.00
$152,822.00
$152,821.00
Subtotal
$700,004.00
Sanitary Sewer:
Assessments
Sanitary Sewer Core Fund
$40,226.00
$13,750.00
Subtotal
$53,976.00
Watermain:
Assessments
Water Core Fund
$103,181.00
$207,641.00
Subtotal
$310,822.00
TOTAL FUNDING
$1,825,136.00
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