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Agenda - Economic Development Authority - 08/13/2015
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Agenda - Economic Development Authority - 08/13/2015
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3/18/2025 10:12:56 AM
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Economic Development Authority
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08/13/2015
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2. For Phase 3, ponding costs were included for excavation related activities. We assumed a ponding <br />area would be acquired through the platting process, and ponding within a development site would be <br />expanded to include volume for roadway drainage. <br />The Phase 2 limits are based upon the area that can be served by a gravity sanitary sewer system. The <br />Phase 3 sanitary sewer costs include a lift station and forcemain. <br />COST ALLOCATION ALTERNATIVES <br />The costs of the improvements are allocated back to adjacent properties through the use of <br />assessments, fees and other methods. The costs are typically allocated in a way that is equitable to the <br />properties benefitting from the improvements. Public improvements that will become City owned and <br />maintained are typically constructed through a public process, while secondary improvements are <br />constructed by the property owner. For our analysis, we assumed the following items would be <br />constructed through the public process: <br />• Roadways, including storm water conveyance systems, <br />• Trunk Water Facilities, <br />• Trunk Sanitary Sewer Facilities, <br />• Trails, and <br />• Street Lighting. <br />While the street lights will most likely be installed by a private utility and the trails could potentially be <br />constructed by the property owner, we have included these items as public improvements. <br />Other improvements were considered secondary and are typically the property owner's responsibility to <br />install: <br />• Sanitary Sewer Service Extensions, <br />• Water Service Extensions, <br />• Natural Gas Lines to Buildings, <br />• Telephone Service to Buildings, <br />• Electric Service to Buildings, <br />• Site Grading, <br />• Site Landscaping, <br />• Site Storm Water Conveyance, <br />• Storm Water Ponding, and <br />• Easement Dedication. <br />These types of improvements are typically inspected by the City for conformity with applicable codes <br />and standards, but are contracted by the property owner. <br />Figure 17 depicts the lots considered for this report and also provides additional information related to <br />each lot. Similar information is presented in the following table: <br />Prepared by: Bolton & Menk, Inc. COST ALLOCATION ALTERNATIVES <br />City of Ramsey — Future Business Park Page 11 <br />
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