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HomeMy WebLinkAbout7.a. Overlay Project, City Project #268 CITY OF ROSEMOUNT EXECUTIVE SUMMARY FOR ACTION CITY COUNCIL MEETING DATE: June 20, 1995 AGENDA ITEM: Overlay Project Discussion AGENDA SECTION: New Business PREPARED BY: Bud Osmundson AGENDA ��� � City Engineer/Public Works Director � ATTACHMENTS: Map of Area APPROV 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 gutter 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 - $30,000. 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 $335 per household. The remaining cost is proposed to be covered by the Operating Budget for Paved Streets. If it is to be an assessed (or Chapter 429) project, Staff will bring back to the next City Council Consent Agenda, a resolution which will accept a Feasibility Report for the proposed project, approvat of the Plans and Spec's and the Ordering of a Public Hearing. The Public Hearing would then be held July 18th. The Councif 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: 3 ___ __ _ . . __ _ —_:,Q_ _ __ _ �z ta -., _ .. .__ TT--- , ASSESSMENT POLICIES FOR SEALCOATING & STRUCTURAL OVERLAYS AS OF 6-20-95 CITY -1� SEALCOATING � STRUCTURAL OVERLAYS Rosemount No Assessments 75% of Cost (1995 Cost Estimate 5335 for Single Family Residential) Apple Valley No Assessments None to Date Investigating Possibility Eagan No Assessments 50% of Cost (Have only done in GI District) Burnsville No Assessments 40% Assessed Lakeville 590.83/Residential Lot $90.83lResidential Lot (Cost of Sealcoating) Inver Grove Heights No Assessments No Assessments Farmington $53/Lot 35% of Cost (Flat Rate-Adj w/inflation) Hastings No Assessments No Assessments (Likely to Change) (Likely to Change)