Agenda - Public Works Committee - 01/17/2017

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A total of 9 parcels have been identified as receiving special benefit from the improvements. These parcels are identified in the preliminary assessment map and roll in Appendix C. Staff recommends the use of special assessments to pay for 25% of all eligible improvement costs,which will then be applied across 9 assessable properties using the"area"method of assessment. All costs for this project are eligible for special assessments since all construction costs are based strictly on reconstructing the street at its existing width using a comparable pavement section design with no subgrade corrections or public utility improvements. The existing street width and pavement section are sufficient to accommodate current State Aid design standards. Staff recommends ordering a special benefit consultation report for this project to verify that the proposed assessment amount will not exceed the amount of benefit to any of the properties. If the report concludes that the benefit to any of the properties is less than the proposed preliminary assessment rate, Staff will propose to lower the assessment rate accordingly at the Assessment Hearing scheduled for October 10th, 2017. However,if the special benefit consultation report verifies that the assessment rates as proposed are justified, Staff will propose to adopt the final assessment roll using the rate as preliminarily proposed. This improvement project,which is listed in the City's current Capital Improvement Program, is proposed to be funded using a combination of special assessments to benefiting properties, street reconstruction bond proceeds, and stormwater utility funds. This project can best be constructed as a stand-alone project, is necessary, feasible, and cost- effective from an engineering standpoint, and can be constructed as proposed herein. Feasibility Report Sunwood Drive Reconstruction City of Ramsey Project No.I7-00 Page 2