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Preliminary special assessments are proposed in the Feasibility Report in the amount of $4,500 per lot. This totals <br />$45,000 for the 10 single-family residential properties having direct access to the shared segment of Jarvis Street. <br />This amount is $2,000 per lot less than the assessments proposed for the Garnet Street and 168th Avenue <br />Reconstruction project given that only half of Jarvis Street is in the City of Ramsey, and since no utilities are <br />proposed with this project. <br />Recommendation: <br />Due to the existing poor pavement condition of Jarvis Street, the mutual benefits offered by this project, and the <br />City of Elk River's offer to pay all project costs up -front and to allow the City of Ramsey to re -pay our share of the <br />costs interest-free over a 3 -year term from 2016 to 2018, staff recommends approving Alternative Action #1, or <br />Alternative Action #2 if Council wishes staff to make minor modifications to the project. <br />Staff also recommends ordering an assessment appraisal consultation to ensure that special assessments do not <br />exceed the benefit received as a result of the improvements. <br />Action: <br />Approve or deny adoption of Resolution #15-02-035 accepting the Feasibility Report and ordering a Public Hearing <br />for the Jarvis Street Reconstruction and Railroad Crossing Quiet Zone Improvements; City Improvement Project <br />#15-20. <br />If Resolution #15-02-035 is adopted, the City Council is also asked to authorize an assessment appraisal <br />consultation to ensure that all special assessments are commensurate with benefit received from the proposed <br />improvements. <br />Resolution 15 02 035 <br />Ramsey Feas Report IP 1520 <br />Attachments <br />Form Review <br />Inbox Reviewed By Date <br />Kurt Ulrich Kurt Ulrich 02/05/2015 05:37 PM <br />Form Started By: Bruce Westby Started On: 02/02/2015 01:10 PM <br />Final Approval Date: 02/05/2015 <br />