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., M E M 0 R ^ N D U M DATE: Ma)' 10, 1993 TO: Ashley Helling. Finance Officer CC: Rvan Schroeder, City Administrator FROM: £teven 3. Jankowski, City Engineer SUBJECT: Determination of LateraJ Benefit for 137th Street Sewer and Water Extension The following proper-des have received sewer and water lateral benefits as a result of the P-3venwick Developers extending these ufii/ries past the subject propemes: l) 2) 3) 5) 6) 34-32-25-~2-0008 -- ] sen, me 34-32-25-42-0006 -- 1 scrmce 34-32-25-42-0005 - 1 service 34.32-25-42-000~ -- 2 sermces 34-32-25-13-0011 -- 2 serrates 3~-32-25-13-0015 -- 2 sermces I have reviewed the bid tabulation summarizing the consmucrion cost associamd with the work and have determined the cost of the lateral improvement to be $62,606 (see attached sheet). The above construction cost is based upon the construction cost index of September, 1992. If any of the above prope."ries subdivide, the lateral benefit wLll need to b: afijusmd to the current infex, tn ~iirion to the consn'ucrion cost, overhead costs in the amount of 25% of the eonsn'ucfion cost are 't:~ing applied to cover the costs associated with engineering tE:si~, stale/nS and inspection, tis:al, legal and adm/nisrra~ve expenses. If this improvement had been assess~ in accorrtmace with the City's curt'em assessment policy, a mm3 project cost of ~78258 would b~ disn'/bumd ~ualt), among the nine pomnria] unir. s receiving servic-.. Each unit would therefore be..~sessed a charge of $8,695 for lamra3 sewer and water benefit, in addition, each unit would be responsible for the standm-d sewer and n'unk charge, cm-mn~y $1,415 per umt. the lime s:rvEce connection is made, each umt Mil also be responsible for other fees in effe~"-t ar the time of corm~rion. Ch.u"mn~y these charges are: Merropoiir. an Wastewater Corm'o] Commission S.A..C. Charge $ 750 C'iry of Ramsey W.A..C..Fee 725 ~ry of Ramsey Metro- a.nd installation Unarge 167 l-look-up Inspection Fee