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<br />· The above figures account for the purchase of the properties that currently are developed with a
<br />business. These figures do not include the purchase of the vacant/raw land that would be
<br />associated with the interchanges extending outside of the currently projected right-of-way.
<br />
<br />· These figures assume that the right-of-way is purchased as shown. If the right-of-way is
<br />adjusted either way, these numbers would change.
<br />
<br />· The relocation of the businesses would depend upon the type of business. For, instance if the
<br />project required relocation of the propane business, estimated costs are $20,000 to $50,000,
<br />depending on the reusability of the storage tank. This business would not be displaced by the
<br />locating of the proposed interchange as shown on the attached map. The car lots and farm
<br />center relocation costs would be based upon the moving of the cars and other inventory but
<br />should not exceed $15,000 per business (Bud Storm, Evergreen Land Services, 566-1036).
<br />To have a preliminary estimate done would cost $100-$200.
<br />
<br />· Property values are from County tax records and may vary from market conditions. No
<br />figures are shown for any acquisition expense such as legal or appraisal fees..
<br />
<br />· It should be noted that both the Planning Commission and Economic Development
<br />Commission have recommended the area between Ramsey Boulevard N.W. and Armstrong
<br />Boulevard N.W., along the north side of Highway #10, as green space. In this green space,
<br />there are currently nine businesses with an estimated market value of $1,179,100. To impact
<br />all of these businesses, a project including up to 2,500 feet on either side of the existing right-
<br />of-way of the eastern alignment would be required.
<br />
<br />· While the westerly alignment shows the corridor over an existing business, acquisition of this
<br />property (beyond land) was not suggested (except for the interchange example shown above).
<br />The rationale is that the alignment could be shifted east or west to avoid purchase of the
<br />property. A similar circumstance likely could result for the eastern alignment regarding
<br />business acquisition.
<br />
<br />· Right-of-way for bridge alignment was estimated to be 200 feet wide.
<br />· Right-of-way for County Road #116 was estimated to be 150 feet wide.
<br />
<br />Based upon the above, the criteria we considered was property acquisition and roadway (not river
<br />bridge) construction (including highway/railroad bridging). For this analysis, we did not provide
<br />any breakdown regarding transportation impact on neighborhoods or assumed drive miles from
<br />any point to any other point. While there has been significant discussion on marketability of
<br />adjacent land, this also was not reviewed within this analysis. Pursuant to the above:
<br />
<br />North/south right-of-way acquisition
<br />C.R. #116 acquisition to Ramsey/Armstrong Blvd N.W.
<br />North/south roadway construction
<br />Highway #10IB.N. bridge construction
<br />County Road #116 roadway construction
<br />Possible approach acquisition
<br />Estimated approach relocation
<br />TOT AL COST
<br />
<br />Westerly
<br />Alignment
<br />$186,200
<br />$125,300
<br />$869,022
<br />$600,000
<br />$1,176,150
<br />$131,400
<br />$15.000
<br />$3,103,072
<br />
<br />Western
<br />Alignment
<br />Route C
<br />$299,990
<br />$125,300
<br />$1,400,100
<br />$600,000
<br />$1,176,150
<br />$74,000
<br />~
<br />$3,675,540
<br />
<br />Easterly
<br />Alignment
<br />$70,980
<br />$64,408
<br />$331,274
<br />$900,000
<br />$797,250
<br />$260,000
<br />$80.000
<br />$2,503,912
<br />
<br />The right of way acquisition portion of either project quite likely will be a municipal expense
<br />estimated above at up to $500,000. The City should consider the source of these funds within a
<br />future capital improvements programming process.
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