Agenda - Council - 09/22/1998 - Laserfiche WebLink

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PUBLIC HEARING AND LEVY OF SPECIAL ASSESSMENTS FOR THE 1998 STREET MAINTENANCE PROGRAM By: Steve Jankowski, City Engineer CASE # Background: The 1998 Street Maintenance Program consists of twelve individual projects covering over twenty miles of City roadway. This year seven projects involve crack fill, followed by sealcoat, covering 12.5 miles of street. Because of some very favorable bid prices this year, the actual project assessment costs are considerably lower than those estimated in the February feasibility study. One project, #98-01, had sufficient escrow funds that were deposited by the subdivision developers to cover the entire cost of this first sealcoating. Consequently this project has been eliminated as an assessable project. On two sealcoat projects, #98-05 and #98-07, the North Forty and the North Forty 2nd Addition, developer escrows were located after the public hearing. As a result, these two projects have a substantially reduced assessment over the feasibility escrow. The policy, since 1992, has been to divide the Project cost less the developer's escrow, equally between the City and the benefited properties in the subdivision. In addition to the sealcoat project, five projects include one and one-half inch bituminous overlay. This overlay work consists of four subdivision projects and Project #98-12 which involves 7.8 miles of MSA streets, including Variolite, 167th Avenue and 153rd Avenue east of the Ramsey Clinic. Three of the four residential projects which will be completed by the date of the public hearing will be assessed based upon actual project costs. Project #98-10, Rodeo Hills, and #98-12, MSA Streets, will not be completed prior to the public hearing. Those projects are being assessed based on the feasibility study estimated costs. If the final project costs are less than this mount, the difference will be refunded to the property owner. However the City reserves the right to reassess the higher mount should the project costs be higher than the estimate. A copy of the comparison of the estimated and actual project costs are attached. Council Action: 0 ~ e~g5 :~ OqT)gb)))_lO ~ o to Motion to adopt Resolution f198-09-XXX through #98-09-XXX adopting assessments for Improvement Projects #98-02 through #98-12. Reviewed by: City Engineer City Administrator Director of Public Works Finance Officer CC: 09/22/98 jo/StMtcPr, doc