Agenda - Council - 02/10/2015 - Laserfiche WebLink

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Burlington Northern Santa Fe railroad crossing to allow the establishment of whistle -free quiet zone. Elk River's estimated costs include 10% contingency costs plus 10% indirect costs for administrative, engineering, and legal costs. See Appendix B of Elk River's Feasibility Report for a detailed cost summary as prepared by Bolton & Menk, Inc., in addition to Bolton & Menk's memo dated October 29th, 2014. This improvement project, which is included in the City of Ramsey's current 5 -year Capital Improvement Plan, can be funded using a combination of Public Improvement Revolving (PIR) funds, special assessments to benefiting properties, and Stormwater Utility funds. Preliminary assessments in the amount of $4,500 per lot are proposed for the 10 single-family residential property owners having direct access onto the improved street segment. The proposed rate is in accordance with the recently adopted Special Assessments Policy. To ensure that all special assessments levied with this project are commensurate with the benefit received, staff requests Council authorization to order a benefit appraisal consultation based on the current property use at the time the improvements are made. The proposed improvements to be funded by the City of Ramsey are necessary, feasible, and cost-effective from an engineering standpoint, and can be constructed as proposed herein. Feasibility Report Jarvis Street Reconstruction and Railroad Crossing Quiet Zone Improvements City of Ramsey Project No. 15-20 Page 3