Discussion:
On February 21, 2017, the Shakopee Economic Development Authority ordered the preparation of construction plans for improvements to the downtown business district, including the Lewis Street parking lot and the adjacent alley. Per policy, a portion of the construction cost of the alley is to be assessed, creating the need for this feasibility report.
The purpose of the report is to evaluate the existing infrastructure (streets, utilities, drainage) and make recommendations for any improvements that are needed. The report also addresses the estimated costs for the improvements and the proposed assessments that result from the project being constructed.
The attached resolution sets a date for the public hearing for this project for May 16, 2017. The approval of Resolution 7861 does not order the project nor does it commit the Council to constructing any improvements. The intent of this resolution is to accept the report and set the public hearing date. The public hearing will allow the property owners adjacent to the project area and the general public the opportunity to address the City Council on this project.
Staff will make a full presentation at the May 16, 2017 public hearing on the report to the public and the City Council.