| | | | | | | |  Shakopee City Council October 17, 2023
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| | | | | | | | | FROM: | Darin Manning, Project Engineer | | TO: | Mayor and Council Members |
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| | | | | | | | Subject: Declare Costs to be Assessed and Establish a Public Hearing for the Maras Street, 13th Avenue, and Hansen Avenue Utility Extension Project, Sewer-21-001. | | |
| | | | | | | | Policy/Action Requested: Adopt Resolution R2023-118, declaring costs to be assessed, ordering the preparation of proposed assessments and setting a public hearing for the Maras Street, 13th Avenue, and Hansen Avenue Utility Extension Project Sewer-21-001. | | |
| | | | | | | | Recommendation: Adopt Resolution R2023-118. | | |
| | | | | | | | Discussion:
On January 18, 2022, City Council adopted Resolution R2022-011, approving the plans and specifications and ordering the advertisement for bids for the Maras Street, 13th Avenue, and Hansen Avenue Utility Extension Project Sewer-21-001. On March 15, 2022, City Council adopted Resolution R2022-037, accepting the bids and awarding the contract for the project.
The improvements have been constructed and are now complete. The final construction costs are $4,452,686.07, street lighting costs are $79,137.23, and engineering/administration/legal costs are $849,669.57 resulting in a final total project cost amount of $5,381,492.87. The attached resolution declares the total project costs, the final project funding amounts, and the total cost to be assessed.
The final assessment amounts are based on the benefiting property areas. These are calculated using final construction costs in accordance with the City of Shakopee Assessment Policy.
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Estimated Assessment
(Contract Award)
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Actual Assessment
(Final Contract)
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13th Avenue
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$ 9,738.33/Acre
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$ 8,072.34/Acre |
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Maras Street/Hansen Avenue
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$ 9,738.33/Acre
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$ 9,761.42/Acre
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It is important to note that the estimated assessment amount for 13th Avenue included cost for sidewalk. However, per the City's special assessment policy only abutting properties are assessed for new sidewalk construction. As the project only included sidewalks along Maras Street and Hansen Avenue, the sidewalk costs are not included in the 13th Avenue assessment. | | |
| | | | | | | | Budget Impact:
The total final project amount is $5,381,492.87. Project funding sources include the Capital Improvement Fund, Sanitary Sewer Fund, Storm Drainage Fund, Shakopee Public Utilities and Special Assessments to the benefiting properties. Table 1 below provides a summary of the costs and funding comparing the estimated amounts based on bid award versus the final actual amounts.
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Estimate Based On Bid Award
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Based on Final Project Costs
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COSTS
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Construction Cost
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$4,617,231.96
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$ 4,452,686.07
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Streetlighting (SPUC)
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$64,000.00
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$79,137.23
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Contingency
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$144,000.00
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$0.00
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Subtotal
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$4,825,231.96
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$ 4,531,823.30
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Eng/Admin/Legal
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$924,000.00
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$849,669.57
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Total Project Cost
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$5,749,231.96
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$5,381,492.87
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FUNDING
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Special Assessments
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$778,885.43
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$733,467.14
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Capital Improvement Fund
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$1,817,399.35
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$1,709,640.89
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Storm Sewer Fund
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$248,904.50
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$196,768.81
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Sanitary Sewer Fund
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$ 1,193,229.97
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$1,169,379.82
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Shakopee Public Utilities
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$1,710,812.71
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$1,572,236.21
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Total Funding
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$5,749,231.96
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$5,381,492.87
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