12-20-2017 Council Packet - Laserfiche WebLink

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- 7 - 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. The assessment per front foot for commercial properties is twice the rate applied to the residential properties. 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 $73.44 per assessable foot for 2018. Commercial Street Reconstruction Assessments The actual assessable cost of a street serving commercial properties is calculated based on an 80/20 split of the project costs. Whereas 80% of the project cost, excluding storm sewer and 100% of the concrete curb and gutter cost are assessed to the adjacent property owners. The other 20% of the total project costs excluding sidewalk and 100% of the storm sewer would be borne by the City as a whole. In addition to the 80/20 calculation the City has set a cap on the assessment rate that can be charged per front foot for an urban, commercial street. It is proposed that the cap be set at $146.88 for this project. INDIVIDUAL PROJECTS  JACKSON/OLD C/LAKE SHORE The improvement of Jackson/Old C/Lake Shore from Demont Avenue to Little Canada Road is considered a rehabilitation project under the City assessment policy and has an estimated total project cost of $275,000.00. There are a total of 43 properties adjacent to the improvement area including 38 residential properties, 2 City properties, and 3 commercial properties. The City properties (Nadeau Nature Area and frontage along the railroad) are not improved and will never be improved; therefore, it is proposed to assess these properties at the same per front foot rate as the residential properties for their entire street frontage. The project costs eligible for assessment total $222,400.00. Based on a 50/50 sharing of the assessable costs the assessments total $111,200.00.  PARK VIEW COURT The improvement of Park View Court from Little Canada Road to the cul-de- sac is considered a rehabilitation project under the City assessment policy and has an estimated total project cost of $75,000.00. The entire street is located within the Park View Court Townhome development and all frontage is along the common property lot. There are a total of 22 units in the association and 14 of those units utilize Park View Court for access. If the association would like to have concrete aprons installed at the driveways the cost would increase by $9,000.00 making the total project cost $84,000.00. If the driveway aprons are installed and included in a 50/50 sharing of the assessable costs the assessments total $42,000.00.