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Public Works Committee 5. 3. <br /> Meeting Date: 01/17/2017 <br /> By: Bruce Westby, Engineering/Public <br /> Works <br /> Title: <br /> Consider Recommendation to City Council to Accept Draft Feasibility Report for Sunwood Drive Reconstruction, <br /> Improvement Project#17-00 <br /> Purpose/Background: <br /> The purpose of this case is to consider providing a recommendation to the City Council for accepting the DRAFT <br /> Feasibility Report for Sunwood Drive Reconstruction, City Improvement Project 417-00. <br /> Timeframe: <br /> Staff estimates 20 minutes will be required to present this case and respond to questions. <br /> Observations/Alternatives: <br /> Attached is a DRAFT copy of the Feasibility Report. Please note this is a working document still under <br /> development. <br /> While the majority of information in the attached draft report is complete,the preliminary assessments are currently <br /> incomplete. Before publishing preliminary assessments, Staff wishes to discuss preliminary assessments for this <br /> project with the Public Works Committee since the City has not yet applied the adopted Special Assessments Policy <br /> to projects assessing commercial or industrial properties. Staff would therefore like to discuss the optional <br /> assessment methods with the Committee before finalizing preliminary assessments within the draft Feasibility <br /> Report,which is proposed to be presented to the City Council on January 24th. <br /> Once the Feasibility Report is complete,meetings with individual property owners will be conducted to discuss the <br /> proposed project,their preliminary assessment, and to gather feedback for future consideration by Council. <br /> Alternatives: <br /> Alternative 41 —Motion recommending City Council acceptance of the recommendations outlined in the draft <br /> Feasibility Report for Sunwood Drive Reconstruction, City Improvement Project 417-00,with the following <br /> modifications; <br /> Alternative 42—Motion denying City Council recommendation at this time. <br /> Funding Source: <br /> Staff proposes to fund the proposed improvements using a combination of special assessments, street <br /> reconstruction bond funds, and stormwater utility funds. Staff proposes to assess 9 identified benefiting property <br /> owners for 25%of the eligible project costs totaling $151,750. <br /> Recommendation: <br /> Staff recommends alternative 41. <br /> Action: <br /> Motion to recommend approval of Alternative 41. <br />