Agenda - Council - 02/24/1998 - Laserfiche WebLink

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D. Update on Project Land Acquisition/Right-of-Way/Right-of-Access Costs Attorney Goodrich and I had prepared separate, independent cost estimates of the land acquisition/right-of-way/right-of-access costs. Although we had similar total costs, some cost elements were not included in both estimates. In addition, the Road and Bridge Committee felt the right-of-way cost should be estimated higher. Attached is a revised, itemized, estimate for the Committee's review. Ancillary City Projects Associated with STP Project The Committee requested that the full picture of the STP project be outlined so that a complete financing plan could be developed. The following is a description of ancillary City projects that should or could take place at the same time as the STP project. Exhibit E-1 shows the relative locations of these ancillary projects. A summary of these ancillary project costs are presented in Table E-1. 1) Extension of Sunwood Drive Background: The extension of Sunwood Drive fi.om Sunny Ponds to T.H.//47 would complete a key element of the Sunwood Drive plan as being a major east/west collector street. This section is included as a part of the T.H. //47 Corridor Plan as it consolidates a goal of having signalized intersections at roughly half-mile intervals. Although it would be possible to construct the T.H. //47 project without this as a concurrent element with the STP project, it will serve to allow T.H. #47 to function more efficiently and contribute to the signalization warrants for 149th Avenue. There would also be a reduction in costs by concurrent construction as it would eliminate future re-signalization and intersection modification costs when the intersection would be reconstructed fi.om three legs to four legs. Improvements: The improvement would consist of an approximately 1,500 foot MSA street section with concrete curb and gutter, and a similar length of sanitary sewer and watermain. The project would also include storm sewer and sedimentation basin for discharge into the adjacent wetland. Cost: The major cost estimate for this project include construction costs, the project overhead costs and land acquisition of just the amount of right-of-way necessary fi.om the Katnis property to facilitate Sunwood Drive. Estimated total project cost i~ $370,000. 2) Watermain Looping Background: There are several critical elements of the watermain trunk distribution system that should be undertaken in conjunction with the T.H.//47 STP project. The major reasons for looping these waterrnain concurrent with the project are primarily cost savings which include, elimination of restoration costs,