Agenda - Council - 02/13/1996 - Laserfiche WebLink

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City forces will patch pavement defects prior to sealcoating. The number of tons required for street patching is estimated on an individual project basis. The rate charged for patching will be $150 per ton of bituminous material which includes labor. Table 3 contains a summary of construction costs for Projects 96-01 through 96-15. In addition to construction cost, overhead charges of twenty percent (22%) will be applied to cover the following services: Engineering and Inspection City Staff Administration Bonding and Legal Pavement Management Fund Contingencies 10% 5% 2% 2% 3% FINANCING It is the City's policy to assess property owners fifty percent (50%) of the total project cost of the improvements for projects associated with the annual street maintenance program. Properties are assessed equally regardless of front footages or property size, since comer lots and cul-de-sac lots, which are common within the City, would receive widely disparate assessments. Since projects are generally classified by subdivision which have similar characteristics and lot sizes, it is felt that there is a fair apportionment of project costs when assessed equally within the individual subdivisions. Table 4 presents a distribution of project costs based upon the above described policy. A special note should be made regarding Projects 96-14 and 96-15. As was discussed previously in the background section of this report, these projects have special circumstances which would result in unfair or unusually high assessment if the above methodology for determining assessment were applied. As such, it is proposed to assess such individuals the average per unit cost as other properties in the 1995 Street Maintenance Program which receive a sealcoat improvement. The costs contained within this report are estimated costs. The projects will have a f'mal tabulation made on actual project costs consistent with the methodology described in this report, A public hearing will be held identifying the actual costs to be recovered by special assessment. Each. property may, at any time prior to certification of the assessment to the County Auditor, pay the whole of the assessment on such property, with interest, except that no interest shall be charged if the entire assessment is paid within 30 days from the adoption of the assessment resolution. Special assessments reported to Anoka County shall be payable over a three year period for sealcoating projects with interest at a rate of two percent (2%) above the U.S. Treasury rate at the time of the special assessment hearing. PROJECTED PROJECT SCHEDULE In proceeding with the improvements, the following schedule could be anticipated: Receive feasibility study and set date for public hearing Hold public hearing Authorize projects and order plans and specifications Approve plans and specifications and set the bid dates Receive bids and award contracts Perform crack filling Perform sealcoating Hold assessment hearing First payment due with tax statement January 23, 1996 February 14, 1996 April 23, 1996 May 14, 1996 June 1I, 1996 June 1996 July 1996 September 10, t 996 May 1997 I I I I I I I I I I I I I' I I I I I I