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<br />The above figure~ 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 as~.ume that the right-of-way is purchased as shown. If the right-of-way is
<br />adjusted either w~y, these numbers would change.
<br />
<br />The relocation ofithe businesses would depend upon the type of business. For, instance if the
<br />project required f. elocation 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 excee{1 $15,000 per business (Bud Storm, Evergreen Land Services, 566-1036).
<br />To have a prelimi0ary 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 gl0, 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 westerli 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 ~at 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 />
<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 (!ncluding highway/railroad bridging). For this analysis, we did not provide
<br />any breakdown regarr4jting 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, tl-fis als01 was not reviewed within this analysis. Pursuant to the above:
<br />
<br />North/south right-of-Way acquisition
<br />C.R. #116 acquisitionito_Ramsey/Armstrong Blvd N~W.
<br />North/south roadway Construction
<br />Highway #10/B.N. bridge construction
<br />County Road #116 roadway construction
<br />Possible approach acquisition
<br />Estimated approach rei~'ocation
<br /> TOTAL COST
<br />
<br /> Western
<br />Westerly Alignment Easterly
<br />Alignment Route (~ Alignment
<br />$186,200 $299,990 $70,980
<br />$125,300 $125,300 $64,408
<br />$869,022 $1,400,100 $331,274
<br />$600,000 $600,000 $900,000
<br />$1,176,150 $1,176,150 $797,250
<br />$131,400 $74,000 $260,000
<br />$15.000 $0 $80,000
<br />$3,103,072 $3,675,540 $2,503,912
<br />
<br />The right of way acq.Uisition portion of either project quite likely wilI be a municipal
<br />estimated above at upito $500,000. The City should consider the source of these funds
<br />future capital improve~aents programming process.
<br />
<br />expense
<br />within a
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