HomeMy WebLinkAbout11.d. Overlay Projects Discussion . CITY OF ROSEMOUNT
EX�.CUTIVE SUMMARY FOR ACTION
CITY COUNCIL MEETING DATE: June 6, 1995
AGENDA ITEM: Overlay Project Discussion AGENDA SECTION:
New Business
PREPARED BY: Bud Osmundson AGENDA ��.�V! 7'f'
City Engineer/f'ublic Works Director � � D
ATTACHMENTS: Map of Area APPROVED BY:
Staff has identified an area in the Motz Additions which requires a structural overlay, in
lieu of sealcoating or a total reconstruction. The curb and guter is in good shape, but the
bituminous has begun alligator cracking. Now is the time to overlay or face total
reconstruction in the future. The estimated cost of a milling and overlay project as
proposed is approximately 525,000 - 530,000. Since this is the first structural overlay
project since the adoption of the Assessment Policy it will determine the precedent for
future projects.
The Assessment Policy stipulates that 75% of the cost of such a project should be
assessed in an existing area under Section 6 H.2. Using 75% of the high end cost of
530,000 and dividing that by the 67 effected properties equals approximately 5335 per
household. The remaining cost is proposed to be covered by the Operating Budget for
Paved Streets.
With Councils approval, Staff will bring back to the next City Council Consent Agenda, a
resolution which will accept a Feasibility Report for the proposed project, approval of the
Plans and Spec's and the Ordering of a Public Hearing. The Public Hearing would then be
held July 5th.
The Council has a number of alternatives available to them. One is to not do the overlay
project. A second is to pay for the project completely out of the Operating Budget now
and in the future. A third is to assess 75% or another amount deemed acceptable to the
Council. Staff is requesting direction on how to proceed with the proposed
improvements.
RECOMMENDED ACTION: Discussion w/direction.
COUNCIL ACTION:
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