| | | | | | | |  Shakopee City Council January 17, 2023
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| | | | | | | | | FROM: | Ryan Halverson, Assistant City Engineer | | TO: | Mayor and Council Members |
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| | | | | | | | Subject:
Receive a feasibility report and call for Public Hearing on the 2023 Full-Depth Pavement Reconstruction Project. | | |
| | | | | | | | Policy/Action Requested: Adopt Resolution R2023-004, receiving a report and calling for a Public Hearing for the 2023 Full-Depth Pavement Reconstruction Project CIP-23-001. | | |
| | | | | | | | Recommendation: Adopt Resolution R2023-004. | | |
| | | | | | | | Discussion:
A feasibility report has been prepared to evaluate the full-depth pavement reclamation of various streets identified in the 2023 Capital Improvement Plan (see attached project summary sheet CIF-23-001). The feasibility report has been completed and is attached for Council review. The purpose of the report is to evaluate the existing infrastructure (streets, utilities, sidewalks, street lighting and drainage) and make recommendations for any improvements that are needed. The report also addresses the estimated improvement costs, funding and the proposed assessments.
The attached resolution sets a date for the public hearing for this project on February 21, 2023. It should be noted that the intent of Resolution R2023-004 is to only accept the report and to set the public hearing date. Approval of the resolution does not order the project and does not commit the Council to construct any improvements at this time. Ordering the project will be considered by the City Council upon completion of the public hearing.
A presentation of the project and feasibility report will be made to the public and the City Council at the subsequently scheduled public hearing. The public hearing provides the property owners adjacent to the project area and the general public an opportunity to address the City Council on this project. | | |
| | | | | | | | Budget Impact:
The estimated total project cost is $2,636,000 and falls within the CIP budget. The following Costs and Funding Summary provides a breakdown of the estimated amounts, comparing the CIP amounts to the current feasibility estimate amounts.
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CIP
Budget
|
Feasibility Estimate |
| COSTS |
|
|
| Construction Cost |
$ 2,250,000 |
$ 2,260,000 |
| Contingency |
$ 250,000 |
$ 226,000 |
| Subtotal |
$ 2,500,000 |
$ 2,486,000 |
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|
|
| Eng/Admin/Legal |
$ 150,000 |
$ 150,000 |
| Total Project Cost |
$ 2,650,000 |
$ 2,636,000 |
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|
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| FUNDING |
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Special Assessments
|
$ 750,000 |
$ 628,000 |
| Capital Improvement Fund |
$ 1,620,000 |
$ 1,729,000 |
| Sanitary Sewer Fund |
$ 5,000 |
$ 7,000 |
| Storm Drainage Fund |
$ 270,000 |
$ 270,000 |
| Shakopee Public Utilities |
$ 5,000 |
$ 2,000 |
| Total Funding |
$ 2,650,000 |
$ 2,636,000 |
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