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reviewed several design alternatives and recommended the following. Reconstruct all streets in <br />their current footprints using pavement sections similar to the existing sections, and replace all <br />existing bituminous curb on 146th Avenue and Ferret Street. The DRC also recommended <br />extending the existing watermain 147th Avenue to the west side of Ferret Street since 147th <br />Avenue will likely not be modified during redevelopment, and construct concrete curb and gutter <br />along 147th Avenue to Ferret Street. Due to the uncertainty of future redevelopment scenarios, <br />Staff determined there are too many unknowns to justify the expense of realigning or extending <br />any of the streets at this time. <br />This Feasibility Report proposes to reconstruct the existing bituminous pavement section using <br />the Full Depth Reclamation (FDR) process. This process generally involves reclaiming the entire <br />existing bituminous pavement section, along with an inch or more of the existing aggregate base <br />material. A portion of this reclaim (ground and mixed) material is proposed to be spread and <br />compacted on top of the reshaped and compacted existing aggregate base. Three and one-half <br />inches of bituminous pavement is proposed to be placed on top of a minimum of 6 inches of <br />aggregate base/reclaim material. This pavement section generally meets the existing pavement <br />section on these streets, and would generally meet the City of Ramsey's standard pavement <br />design for residential streets. <br />Though the design strength of the proposed pavement section may be slightly less than a typical <br />industrial park pavement section, Staff believes it will provide a useful life of at least 30 years <br />based on the life achieved by the existing pavement section. And due to the large number of <br />parcels currently on the market in this development, Staff believes there is great potential for <br />redevelop of HY-10 Ramsey within the next 10 to 20 years, which could result in the potential <br />realignment of streets. <br />The engineer's opinion of probable costs including streets, drainage, and public water utilities is <br />$287,646.45. Estimated costs include 10-percent contingency costs plus 23-percent indirect costs <br />for administrative, engineering, finance and legal costs. A summary of the engineer's opinion of <br />probable costs is included in Appendix B. <br />The project is proposed to be funded using a combination of special assessments to benefitting <br />properties, street reconstruction bond proceeds, and stormwater utility funds. Sewer and Water <br />Utility Funds would be used to pay for any public utility improvements. <br />Nine (9) parcels have been identified as receiving special benefit from the improvements. Four <br />of the parcels have permanent structures, and the other five are undeveloped. Several of these <br />parcels are currently listed for sale, including two City -owned parcels. These parcels are <br />identified in the preliminary Assessment Map and Roll, which is attached in Appendix C. <br />Assessments were calculated using the area method, which is typically used for commercial <br />applications. Staff recommends ordering a special benefit consultation report for this project to <br />verify the proposed assessment amount will not exceed the benefit to the properties. If the report <br />concludes the benefit to the properties is less than the proposed preliminary assessment rate, <br />Staff will then propose to lower the assessment rate accordingly during the Assessment Hearing, <br />which is proposed for October 8, 2019. If the report verifies the assessment rate as proposed is <br />justified, Staff will propose to adopt the final assessment roll using the rate as preliminarily <br />proposed. <br />Feasibility Report <br />HY-10 Ramsey Street Reconstructions <br />City of Ramsey Project No. 18-02 <br />Page 4 <br />