Public Hearing for the 2017 Street Reconstruction Project 2017-1.

On March 7, 2017, City Council adopted Resolution 7844, approving the plans and specifications and ordering the advertisement for bids for the 2017 Street Reconstruction Project No. 2017-1. On April 18, 2017, City Council adopted Resolution 7860, accepting bids and awarding the contract for the 2017 Street Reconstruction Project. The project has subsequently been completed, and on October 17, 2017, City Council adopted Resolution 7939, declaring the costs to be assessed, ordering the preparation of proposed assessments, and setting a public hearing date for November 21, 2017, for the 2017 Street Reconstruction Project No. 2017-1.

This project is substantially complete, project costs are identified, and only minor miscellaneous punch list items remain to be completed. The final project cost is $1,784,538.84, which consists of construction costs and engineering/administration/legal costs.  A breakdown of the project funding is as follows:

City policy is to assess 30% of the street improvements to the benefiting properties. Properties will be assessed on a per lot basis in accordance with the preliminary engineering report. The proposed assessment rate is $4,066.00 per lot. 

Attached to this memo is a map of the project area and the assessment roll for Council consideration and adoption.

A presentation of the final costs and assessments will be made at the Council meeting.

*An adjustment to the assessable units has been made for 1409 Shakopee Avenue East. The property was originally calculated as 3 assessment units, and corrected to 2.5 units to represent actual non single family residential units.  The $2,033 difference will be funded by CIF, not Assessments.