| | | | | | | |  Shakopee City Council October 16, 2018
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| | | | | | | | | FROM: | Ryan Halverson, Assistant City Engineer | | TO: | Mayor and Council Members |
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| | | | | | | | Subject: Declare Costs to be Assessed and Establish a Public Hearing for the 2017 Alley Reconstruction, Project 2017-6. | | |
| | | | | | | | Policy/Action Requested: Adopt Resolution R2018-117 declaring costs to be assessed, ordering the preparation of proposed assessments and setting a public hearing for the 2018 Alley Reconstruction, Project 2017-6. | | |
| | | | | | | | Recommendation: Adopt Resolution R2018-117. | | |
| | | | | | | | Discussion:
On June 6, 2017, City Council approved the plans and specifications and ordered the advertisement for bids for the 2017 Alley Reconstruction, Project 2017-6. On July 18, 2017, City Council accepted the bids and awarded the contract for the 2017 Alley Reconstruction Project.
The improvements have been constructed and are now complete. The contract construction costs are $140,651.88 and engineering/administration/legal costs are $17,899.58, resulting with a final total project cost of $158,551.46. The attached resolution declares total project costs, the final project funding amounts, and the total cost to be assessed. | | |
| | | | | | | | Budget Impact:
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Project funding sources include the Storm Sewer fund and assessments to the benefiting properties. The following summary provides the estimated funding amounts from the Preliminary Engineering Report and the final project funding amounts based on actual costs.
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Preliminary Engineering Report
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Project Completion
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Assessments
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$ 30,000 (25%)*
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$ 47,550.00 (30%)*
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Storm Sewer Fund
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$ 90,000
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$ 111,001.46
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Total Costs
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$120,000
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$158,551.46
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*City Council directed staff to increase alley reconstruction assessments from 25% to 30% to match the assessment rate of similar street reconstruction projects.
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