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<br />stretts in the 1992 program, the application rate of cracksealing material was estimated for each <br />project and is contained in Table 1. City forces will patch pavement defects prior to sealcoating <br />and will sweep streets and post parking restrictions prior to the sealcoating operation. City public <br />works preparatory time is estimated to be two hours per mile and will be charged at at rate of $60 <br />per hour, which is comparable to the contract street sweeping rate. The number of hours required <br />for street patching is estimated on an individual project basis, based upon windshield surveys <br />performed by the city engineer and public works supervisor. The rate charged for patching will be <br />$30 per hour. Table 2 contains a summary of construction costs for Projects #93-01 through #93- <br />07 which constitute the sealcoat projects. In addition to construction cost, overhead charges of <br />twenty percent (20%) will be applied to cover the following services: <br /> <br />Engineering and Inspection <br />City Staff Administration <br />Bonding and Legal <br />Contingencies <br /> <br />10% <br />5% <br />2% <br />3% <br /> <br />Projects #93-08 and #93-09 consist of over one and one-half inch bituminous overlays. Unlike <br />sealcoats which simply preserve the flexibility of the existing bituminous, an overlay provides <br />additional strength to the pavement structure. The pavement distress on both of these proposed <br />overlay projects indicate that additional pavement strength is needed. Prior to the overlay, failed <br />areas will be removed and patched by city forces. The existing pavement will be tack coated and a <br />machine laid one and one-half inch overlay will be placed. Existing driveways will be feathered to <br />match the new pavement. On Project #91-08, the overlay will terminate at the existing bituminous <br />curb. On Project #91-09, no curb exists and it is proposed that the overlay be shouldered with <br />topsoil and seeded to eliminate the drop off at the pavement edge formed by the overlay. Table 3 <br />and 4 contain overlay project quantities and costs. In addition to construction costs. Table 4 <br />contains the same overhead costs of twenty percent (20%) identified previously for the crack <br />seal/sealcoat projects. <br /> <br />FINANCING <br /> <br />It is the City's current policy to assess property owners fifty percent (50%) of the total project cost <br />of the improvements for projects associated with the annual street maintenance program. <br />Properties are assessed equally regardless of front footages or propeny size, since corner lots and <br />cul-de-sac lots which are common within the City would receive widely disparate assessments. <br />Since projects are generally classified by subdivision which have similar street characteristics and <br />lot sizes, it is felt that there is a fair apportionment of project costs when assessed equally within <br />the individual subdivisions. Table 5 presents a distribution of project costs based upon the above <br />described policy. <br /> <br />Special note should be given to two projects. Project #93-02, the cracksealing and sealcoating of <br />Stanhope River Terrace subdivision, has been credited with a $4,300 escrow deposit made by the <br />subdivision developer, which has been applied to reduce the assessment to individual property <br />owners. A second project which deserves mention is Project #93-08, the overlaying of 161st <br />A venue. This project is unique in that the application of the above described assessment policy <br />would result in an individual property assessment of nearly $1,400. This amount would be <br />unusually high for this type of project. This is evident when examining the estimated costs from <br />Project #93-09, which is a similar overlay project in Brookview Estates. The primary reason for <br />this large assessment stems from the fact that the entire northern street frontage is occupied by only <br />two parcels, Central Park and the Federal Cartridge property, which greatly reduces the number of <br />properties among which the project costs would normally be equally divided. To remedy this <br /> <br />- 4 - <br />