Laserfiche WebLink
Nearly half of Ramsey's 178 roads were constructed in the early 1970s -1980s <br />and are now reaching the end of their useful life. Between now and 2025, about <br />$90 million in road reconstruction will be necessary to replace city streets. <br />Currently no budget exists to pay for this wave of construction, which will largely <br />be the responsibility of Ramsey taxpayers. Without action, roads will be prone <br />to more potholes, cracks and crumbling pavement — creating serious safety <br />risks for pedestrians and motorists and impacting property values. To prepare, a <br />majority of Ramsey residents agree the city proactively needs to establish a <br />long -term road maintenance and funding program. <br />The city's goals for the roads program are to: <br />• Ensure safety for pedestrians and drivers <br />• Reduce project delays and avoid higher costs to taxpayers <br />• Spread out the cost of road work and keep assessments low <br />• Maintain high - quality roads that will continue to attract new residents, <br />businesses and jobs <br />OPTION 1 <br />Current Assessment Policy <br />• Assessed only to properties <br />adjacent to the specific project <br />• Based on lineal footage of <br />property <br />– 1l4 -acre lot: could cost <br />$9,000 or $75 /month for 10 <br />years <br />– 2 -acre lot: could cost <br />$27,000 or $225 /month for <br />10 years <br />• Places significant but short -term <br />burden on property owners — a <br />challenging option in the current <br />economy <br />Long -Term Road Maintenance and Reconstruction Program: <br />Investing in Our Neiqhharhaads, Property Values and Future <br />imm"--whiew <br />Provide Your Feedback: <br />Residents are invited to provide feedback on their preferred <br />funding choice above. The City Council will review public input <br />and establish a new long -term road maintenance and <br />reconstruction policy in early 2012. <br />Which Funding Option Do You Prefer? <br />OPTION 2 <br />Citywide Property Tax Increase <br />• Based on property value <br />– Average $150,000 home: <br />could cost additional $24/ <br />month for up to 40 years <br />– Average $450,000 home: <br />could cost additional $51/ <br />month for up to 40 years <br />• Spreads out costs to all <br />taxpayers and keeps <br />assessments low <br />v� <br />((�! /,,E www.ci.ramsey.mn.us <br />OPTION 3 <br />Citywide Franchise Fee <br />• Charges all utility customers, <br />including tax exempt properties, a <br />monthly fee regardless of property <br />size or value <br />– Residential customers: could <br />cost $28 /month for 40 years <br />– Commercial customers: <br />could cost $54 /month for 40 <br />years <br />• Spreads out cost to everyone <br />who benefits from better roads <br />• Most preferred option by Ramsey <br />residents (June 2011 public opinion survey) <br />� www.facebook.com /CityofRamseyMN <br />Brian Olson, Ramsey Public Works Director <br />BOlson @ci.ramsey.mn.us / 763- 433 -9825 <br />Draft — 10 -7 -11 <br />