Loading...
HomeMy WebLinkAbout7.a. Autumn Path Extension Project, City Project 2019-07 Assessment HearingI:\City Clerk\Agenda Items\Approved Items\7.a. Autumn Path Extension Project, City Project 2019-07 Assessment Hearing.docx EXECUTIVE SUMMARY City Council Regular Meeting: July 7, 2020 AGENDA ITEM: Autumn Path Extension Project, City Project 2019-07 Assessment Hearing AGENDA SECTION: Public Hearing PREPARED BY: Brian Erickson, PE, Director of Public Works/City Engineer Stephanie Smith, PE, Assistant City Engineer AGENDA NO. 7.a. ATTACHMENTS: Objection Letter Dated June 12, 2020 APPROVED BY: LJM RECOMMENDED ACTION: Motion to Call and Continue the Assessment Hearing for Autumn Path Extension Project, City Project 2019-07. BACKGROUND The Autumn Path Improvement Project, City Project 2019-07, would consist of construction of a 42-foot wide asphalt collector roadway with curb and gutter. Pedestrian facilities will include a trail on the east side and sidewalk on the west side of the road. Storm pipe will be constructed to ponds within the Bella Vista development. Raw and potable watermain will be installed along the road along with some sanitary sewer. On December 3, 2019, several of the property owners of the property proposed for assessment attended the improvement hearing with concerns. Staff has sent a Petition and Waiver to the property owners to execute if they would like to defer the assessed amount for 10 years, or until the subdivision of the property, whichever occurs first. On May 19, 2020, the Rosemount City Council awarded the contractor for this project. Construction is anticipated to begin in July 2020. The City received a letter dated June 12, 2020 on behalf of the owners of the property proposed for assessment, which disputes the special benefit to their property. To obtain more information to present to the concerned property owners, staff recommends the Council open, but continue the assessment hearing to the September 15, 2020 meeting. At that time, the City’s consulting appraiser will have completed an unrestricted special benefit analysis on the property that can be disclosed to the property owners. COSTS & FUNDING The estimated total project cost is $1,963,172.90. This amount includes 5% for contingency and 25% for incidentals such as engineering, legal, financing and administrative costs. The cost by improvement type is shown in the table below. 2 Construction Cost Contingency (5%) Indirect (25%) Total Street Improvements $991,787.50 $49,589.38 $247,946.88 $1,289,323.75 Stormwater $195,224.00 $9,761.20 $48,806.00 $253,791.20 Sanitary Sewer $55,403.50 $2,770.18 $13,850.88 $72,024.55 Water $267,718.00 $13,385.90 $66,929.50 $348,033.40 Total $1,963,172.90 The funding anticipated for the project is shown in the table below. The street improvements will be funded by developer fees and assessment of abutting property. The City used a restricted special benefit appraisal of the benefitting property to assist with determination of the assessment amount. Utility work would be funded by the respective utility core funds. PROJECT FUNDING ESTIMATE Developer Fees (to be collected with Bella Vista subdivisions) $644,661.88 Special Assessment (PID 34-02200-25-010) $644,661.88 Sanitary Core Fund $72,024.55 Water Core Fund $348,033.40 Storm Core Fund $253,791.20 TOTAL $1,963,1722.90 SCHEDULE Should the Council approve this resolution, the proposed project schedule is shown below. Items marked “CC” will require City Council approval. Construction Start July 2020 CC Continue Assessment Hearing, Approve Assessment Roll September 15, 2020 Substantial Completion Fall 2020 Last lift of Paving/Restoration Summer 2021 RECCOMENDATION Staff recommends Council call and continue the assessment hearing to September 15, 2020, for the Autumn Path Extension Project, City Project 2019-07.