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Home My WebLink About4.j. Declare Cost/Set Assessment Hearing - 145th Improvements, City Project #245 < � CITY OF ROSEMOUNT EXECUTIVE SUMMARY FOR ACTION CITY COUNCIL MEETING DATE: September 19, 1995 AGENDA ITEM: Deciare CostJSet Assessment Hearing - AGENDA SECTION: 145th Street Improvements from Chili Avenue to Cameo Consent Avenue, Gity Project #245 PREPARED BY: Bud Osmundson AGENDA N�TcM � � City Engineer/Public Works Director ATTACHMENTS: Resolution, Project Cost & Funding APPROVED BY: Summaries Attached are copies of a Project Cost Summary, a Project Funding Summary and a resolution declaring all costs for the referenced project. The total project cost is 5804,414. This is the total cost including all the decorative lighting and utitity relocation. The Feasibility Report estimate was approximately one million one hundred thirty-four thousand dollars (S 1,134,000). Funding for the project comes from a combination of MSA or State Aid for streets and storm sewer, Water and Sanitary Sewer Core Funds, and Capital Improvement Project Funding. Per the latest Assessment Policy each single family home along this segment of roadway is proposed to be assessed 51,500. The 45 homes total 567,500 or eight percent (8%) of the project cost. Staffs recommended action is as stated below and to set a public hearing to consider these assessments on October 17, 1995 at 8:00 p.m. or as soon as possible thereafter. RECOMMENDED ACTION: MOTION TO ADOPT A RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT, AND CALLING FOR HEARING ON A PROPOSED ASSESSMENT FOR CITY PROJECT NO. 245, 145TH STREET IMPROVEMENTS BETWEEN CHILI AND CAMEO AVENUfS. COUNCIL ACTION: 2 1 1 CITY OF ROSEMOUNT DAKOTA COUNTY, MINNESOTA RESOLUTION 1995 62 A RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT, AND CALLING FOR HEARING ON THE PROPOSED ASSESSMENT 145TH STREET IMPROVEMENTS CHILI AVENUE TO CAMEO AVENUE CITY PROJECT #245 WHEREAS, a contract has been let for 145th Street Improvements Chili Avenue to Cameo Avenue, and the contract price for such improvement is $684,652, and the expenses incurred or to be incurred in the making of such improvement amount to $119,762 so that the total cost of the improvement will be $804,414. 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 $751,914 and the portion of the cost to be assessed against benefited property owners is declared to be $52,500. 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 1995, 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, 1995, 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. 1 1 1 Resolution 1995 62 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: ATTEST: Su an M. 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, 1995. alsh, City Clerk E. B. McMenomy, Mayor Motion by: W i pp ermann Seconded by: Staats Voted in favor: Wippermann, McMenomy, Staats, Busho, Anderson. Voted against: None. 2 CITY OF ROSEMOUNT DAKOTA COUNTY, MINNESOTA RESOLUTION 1995 - A RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMfNT, AND CALLING FOR HEARING ON THE PROPOSED ASSESSMENT 145TH STREET IMPROVEMENTS - CHILI AVENUE TO CAMEO AVENUE CITY PROJECT #245 WHEREAS, a contract has been let for 145th Street Improvements - Chili Avenue to Cameo Avenue, and the contract price for such improvement is 5684,652, and the expenses incurred or to be incurred in the making of such improvement amount to 5119,762 so that the total cost of the improvement will be 5804,414. 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 5736,914 and the portion of the cost to be assessed against benefited property owners is declared to be 567,500. 2. Assessments shall be payable in equal annual instaJlments extending over a period of 10 years, the first of the installments to be payable with general taxes for the year 1995, 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, 1995, 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 1995 - 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 rernaining 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, 1995. E. B. McMenomy, Mayor ATTEST: Susan M. Walsh, City Clerk Motion by: Seconded by: Voted in favor: Voted against: 2 PROJECT COST SUMMARY CITY PROJECT NO. 245 � ITEM � � AMOUNT � CONSTRUCTION COST: Watermain 114,298 Sanitary Sewer 62,716 Storm Drain 48,718 Street (including trails & sidewalks) 330,364 Street Lights 89,301 Utility Relocation 39,255 Subtotal 684,652 ENGINEERING: Design Engineering 66,245 Construction Engineering 32,822 Soil Borings/Testing 2.845 Subtotal 101 ,912 ADMINISTRATION, LEGAL, FINANCE: Easements � 40 Legal Notices 307 Legal Fees -�- Recording Fees 180 Permits 390 Bond Issuance Costs 15,934 Other Professional Services 999 Subtotal 17,850 TOTAL PROJECT COST 804,414 PROJECT FUNDING SUMMARY CITY PROJECT #245 TOTAL PROJECT COST � 804,414 FUNDING SOURCES AMOUNT Streets: MSA 333,523 Assessments 67,500 Subtotal 401,023 Storm Drain: MSA 32,723 Storm Sewer Core Fund 26,774 Subtotal 59,497 Watermain: Water Core Fund 139,448 Subtotal 139,448 Sanitary Sewer: Sanitary Sewer Core Fund 75,890 Subtotal 75,890 Street Lights & Utility Relocation: State Aid 10,000 CIP 118,556 Subtotal 128,556 TOTAL FUNDING 804,414