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 Maras Street, 13th Avenue, and Hansen Avenue Utility Extension Project.

The project has subsequently been completed, and on October 17, 2023, City Council adopted Resolution R2023-118, declaring the costs to be assessed, ordering the preparation of proposed assessments, and setting a public hearing date for November 7, 2023, for the Maras Street, 13th Avenue, and Hansen Avenue Utility Extension Project Sewer-21-001.

City policy is to assess 30% of the street improvements and 100% of new concrete sidewalk to the benefiting properties. Properties will be assessed in accordance with the feasibility report and special assessment policy. The proposed assessment rate is as follows:

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.

The total final combined 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. The below table provides a summary of the costs and funding comparing the estimated amounts based on bid award versus the final actual amounts.

Table 1 - Final Combined Project Costs