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Home My WebLink About4.n. Declare Costs/Set Assessment Hearing - Shannon Pond 3rd Addition Street & Utility Improvements, City Project #242 , " CITY OF ROSEMOUNT EXECUTIVE SUMMARY FOR ACTION CITY COUNCIL MEETING DATE: September 19, 1995 AGENDA ITEM: Declare Cost/Set Assessment Hearing - AGENDA SECTION: Shannon Pond 3rd Addition Street & Utility Improvements, Consent City Project #248 and West Ridge 5th Addition Street & Utility Improvements, Gity Project #242 PREPARED BY: Bud Osmundson AGENDA J� City Engineer/Public Works Director �� "`i` �� ATTACHMENTS: Resolutions, Assessment Cost APPROVED BY: Breakdown Report Attached are copies of spreadsheets showing all the costs for the Shannon Pond 3rd Addition Street & Utility Improvements, City Project #248 and West Ridge 5th Addition Street & Utility Improvements, City Project #242. All costs are in and the projects are ready to assess. This joint project was initiated through joint petitions from Rosemount Development Company and Hampton Development Co. for the construction of public streets and utilities in the two subdivisions. The public hearing was held on March 15, 1994. The Feasibility Report project cost estimate was $568,000. The joint project was completed in September of 1995. The final project costs totalled 5415„063 and are split between the two projects and itemized on the spreadsheets entitled Breakdown Re�ort. The total cost is assessable to the benefitting property which is the Shannon Pond 3rd and West Ridge 5th Additions. The final assessable costs to the projects were $148,369 or 58,243 per lot compared to the Feasibility Report estimate of $11,833 per lot on the Shannon Pond 3rd Addition and 5266,694 or 55,927 compared to the Feasibility Report estimate of 57,889 for the West Ridge 5th Addition. Staff is recommending declaring cost and setting a public hearing for 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 THE PROPOSED ASSESSMENTS FOR SHANNON POND 3RD ADDITION STREET AND UTIUTY IMPROVEMENTS, CITY PROJECT #248. MOTION TO ADOPT A RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT, AND CALLING FOR HEARING ON THE PROPOSED ASSESSMENTS FOR WEST RIDGE 5TH ADDITION STREET AND UTILITY IMPROVEMENTS, CITY PROJECT #242. COUNCIL ACTION: 10 CITY OF RO YE M NNESOTA DAKOTA COUN RESO WTION 1995 - q RESO WTION DECLA RING COST TO BE ASSESSED p►CALRNG �NG PREPARATION OF PROPOSED ASPOSED ASSESSMENT FOR HEARING ON THE PRO ADDITION STREET AND UTILITY IMPROVEMENTS WEST RIDGE 5TH C�TY PROJECT #242 est Ridge 5th Addition Street o n andt'tM WHEREAS, a contract has been �e' e°foWsuch improvement is $193,87 , of such improvement amount to �mprovements and the contract P ment wil� be 5266,694• x enses incurred or to be �n�thea mprove making e p g72,g24 so that the total cost o SOLVED by the City Councii of Rosemount Minnesota: NOW. THEREFORE, BE IT RE the City is hereby deciared rovement to be pa�d by ro erty owners The portion of the cost of such imp ainst benefited p p �• ortion of the cost to be assessed ag to b e S O a n d t h e p is declared to be 5266,694• over a period of 2, Assessments sh a�� be payable in equai annual insable with 9eneral axes for the Y est 10 years, � oints per annum a b o v e t h e m t e r the first of the rest atnthe rate of 2 /vp o tion of the assessment �995, and shall bear inte rate p aid by the City for its bonds from date of the a p resolution. �rn rovement against istance of the Public Works Director shail forthwit g. The City Cierk, with the ass ecially assessed for such p Without regard caiculate the proper amount to be sp of such proposed ble lot, p�ece or parcel of land w�he shala file'a copY e , every assessa rovided by �av�►, and to cash valuation, as p ublic inspection; and assessment in his office for p osemount, Minnesota: IT FURTHER RESOLVED by the City Council of R BE 1995, in the City Hail at 8:00 of October, ass upon such proposed assessment an �, A hearing shall be heid on the oss b ea to p such improvement wiif p,rn., or as soon thereaftere�sons ownin9 Property affected by at such time and p�ace aii p ortunitY to be heard with reference to such assessmen • ed be given an opp on the propos directed to cause a notice ofahe a�1ea9 tWo Weeks prior 2, The City Clerk is hereby rovement. assessm ent to be published once in the e notace the o al cost of the imp to the hearing, and she shall state m t � Resolution 1995 - She shall also cause mailed notice to be iven in the assessment roil not less than two weeks p�ho to ner of each parcei described BE IT FURTHER RESOLVED b the hearings. y the City Councii of Rosemount, Minnesota: The owner of any p�opeC�, so assessed ma assessment to the Coun Y. at any time prior to certification of the pra e� ty Auditor, pay the whole of the assessment on P tY. with interest accrued to the date of payment, to the C' interest shall be charged if the entire assessment i such adoption of the assessment. ��Y� except that no County Auditor the entire amount of the eC ma S paid within 30 days from the y at any time thereafter accrued to December 31 of the year in wh ch such n aremainin � paY to the must be made before November 15 or interest wiil g unpaid, with interest P yment is made. Such payment of the succeeding year. be charged through December 31 ADOPTED this 19th day of September, 1995. ATTEST: E• B• McMenomy, Mayor Susan M. Waish, City Clerk Motion by: Seconded by; Voted in favor: Voted against: 2 CITY OF ROSEMOUNT ASSESSMENT COST BREAKDOWN REPORT Current Date: 9/12/95 Project: West Ridge 5th City Council Meeting Date: 9/19/95 Project #: 242 COST %of CONST. PROJECT COMPONENT CONST. PROF. LEGAL BOND 5% MATL. RECORDING COST per DESCRIPTION CONSTRUCTION COSTS ENGR. SERVICES LEGAL NOTIGES ISSUANCE ADMIN. TESTING FEES TOTAL UNITS UNIT Sanitar Core S 0°k S - S 8 S S - S - S - S - S - S - Sanitar Latera� S 39 129 20°� S 11 373 S 39 S S 17 S 756 S 1 939 S 405 S 36 S 53 694 45 S 1 793 Watermain Core $ po�a g . g $ S S - S - 8 - $ $ ' � Watermain Lateral S 44 096 23% S 13 079 S 45 S 8 19 S 869 S 2 230 S 466 8 41 S 60 845 45 S 1,352 Storm Core S 0°k S - S S 8 8 - S - S - S S - 8 - Storm Lateral S 20 015 10°k S 5 687 $ 20 $ S 9 S 378 S 969 S 203 $ 18 S 27,299 45 S 607 MSA Storm 9 0% S S S S 8 - S - S S S - S Street Core 8 0°k S - g 8 5 S - S - S - 8 6 - $ - Street Lateral S 90 630 47% S 26 727 $ 92 S $ 39 S 1 776 S 4 556 S 952 S 85 S 124 857 45 S 2 775 MSA Street S p% g g S S - 8 $ - $ $ $ $ Actual Total S 193,870 100% S 56,866 S 195 S - S 84 S 3,779 $ 9,694 $ 2,025 780 S 266,694 45 S 5,927 Less Sanftary Core $ - Less Watermain Core S - Less Storm Core S - Less Street Core 9 Total Assessmerrt Amount 9 266,694 45 8 5,927 Feasibility S 355,000 S 7,889 � CITY OF ROSEMOUNT DAKOTA COUNTY, MINNESOTA RESOLUTION 1995 - A RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT, AND CALLING FOR HEARING ON THE PROPfJSED ASSESSMENT SHANNON POND 3RD ADDITION STREET AND UTILITY IMPROVEMENTS CITY PROJECT #248 WHEREAS, a contract has been �et for Shannon Pond 3rd Addition Street and Utility Improvements and the contract price for such improvement is 5108,265, and the expenses incurred or to be incurred in the making of such improvement amount to 540,104 so that the total cost of the improvement will be 5148,369. 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 SO and the portion of the cost to be assessed against benefited property owners is declared to be 5148,369. 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 vatuation, 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 Co�ncil 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 shali aiso 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, 1995. . E. B. McMenomy, Mayor ATTEST: Susan M. Walsh, City Clerk Motion by: Seconded by: Voted in favor: Voted against: 2 CITY OF ROSEMOUNT ASSESSMENT COST BREAKDOWN REPORT Current Date: 9/12/95 Project: Shannon Pond 3rd City Council Meeting Date: 9179/95 Project #: 248 COST %of CONST. PROJECT COMPONENT CONST. PROF. LEGAL BOND 5% MATL. RECORDING COST per DESCRIPTION CONSTRUCTION COSTS ENGR. SERVICES LEGAL NOTICES ISSUANCE ADMIN. TESTING FEES TOTAL UNITS UNIT Sanitar Core S - 0% S - S S S S - S - S - 8 - S - 8 - Sanitar Lateral S 14 712 13% S 4 025 S 25 $ S 21 S 288 S 704 S 141 S 9 S 79 925 18 S 7 707 Watermain Core 8 - 0°k S - S - S - S S - 8 ' s - g $ ' S ' Watermain Lateral S 18 152 17% S 5 264 S 33 8 - S 27 S 377 S 920 S 184 S 12 S 24,969 18 S 1 387 Storm Core 8 - 0°� S - 6 S - 8 S - S - S - S S - S - Storm Lateral $ 18 317 17% S 5 264 S 33 S S 27 $ 377 S 920 S 184 S 12 S 25 135 18 3 1 396 MSA Storm S 0% S S S - S S S 8 S S 8 Street Core S - 0% 8 - S - S S S - S - s - S s - S . Street Lateral 8 57 084 53°/a $ t6 410 S 103 S S 86 $ 1 176 S 2 869 S 573 3 38 8 78 340 18 S 4 352 MSA Street S 0% S 8 8 g $ $ � $ S '� Actual Total 9 108,265 700% 6 30,962 S 195 8 161 S 2,219 S 5,413 S 1,082 S 72 S 148,369 18 $ 8,243 Less Sanitary Gore $ - Less Watermain Core S - Less Storm Core S - Less Streat Core S Total Assessment AmouM 9 748,369 18 8 8,243 Feasibility 9 213,000 S 11,833 VIIESTRID�� 5TH A►I3[�. ; �MANN�IN R'CaND 3R� ,��ti � * ' 1\ ��'�,�,� 'a\,�+. '`��.. �.�,.��.>�'` ''�0.� �� '� .�.\ �� `''�s. �`��a ��.,�'`'��`� �?�'`�` �`ti,`�. �•�� ,\� � �''+ �w �� ti v'`�s '^q;' 45s �'�� "\�,�+' '7.�.� �'; �ti. �.: '�'r.! '�:�� 4w'��:w�` '�.� '�\'T�,�`�;�� '\�� . 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