12-21-2016 Council Packet - Laserfiche WebLink

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- 6 - IX. PERMITS A National Pollutant Discharge Elimination System (NPDES) permit will be needed due to the disturbance size of more than one acre of land along with a permit from the Ramsey Washington Metro Watershed District. X. ESTIMATED PROJECT COSTS The estimated costs for each street have been prepared and include all anticipated utility improvement costs that will be associated with the street reconstruction and rehabilitation. A detailed construction cost estimate for each street improvement is shown in Appendix B and includes the construction costs and total project costs including overhead and contingency. Table 1 lists the estimated total project cost for each street, including contingency and overhead. The overhead costs for the project are estimated at 25 percent. The overhead costs include funds for administration, legal, fiscal, engineering design, preparation of plans and specifications, and field surveying and inspection. A contingency cost of ten percent has been added to the estimate to address possible unforeseen conditions on the project. Table 1 Total Project Costs Vanderbie Road $ 280,000.00 Rose Place & Lakeshore $ 490,000.00 Labore Avenue $ 400,000.00 TOTAL COST $1,170,000.00 XI. FINANCING A. STREET REHABILITATION Based on the City Assessment Policy that governs street rehabilitations and reconstructions, the primary method of financing street improvements is to assess the adjacent property owners on a front foot basis. Street Rehabilitation Assessments The policy states that the rehabilitation of an urban street shall be assessed 50% to the affected properties, including any costs associated with installation of concrete curb and gutter. The cost for sanitary sewer, storm sewer or watermain repair is not assessed to the adjacent property owners. Residential Street Reconstruction Assessments The actual assessable cost of a street reconstruction to an urban section along residential property is determined by calculating the assessable footage based on the guidelines in the City’s assessment policy and applying the capped residential assessment rate per front foot. We are recommending that the City Council approve a capped residential assessment rate of $71.30 per assessable foot for 2017.