02-09-00 Council Minutes - Laserfiche WebLink

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MINUTES CITY COUNCIL FEBRUARY 9, 2000 LITTLE CANADA drainage and ponding, streetscape amenities, burying of overhead ROAD power lines, upgrade of railroad crossing, sanitary sewer rehabilitation, and right-of--way acquisition. The City Engineer pointed out that currently this portion of Little Canada Road is under the County's jurisdiction. However, once it is reconstructed, it will be turned over to the City. The Engineer described the nature of the improvement in detail. He also noted that there are two options for reconstruction of the western piece of the project. One has a significant impact on The Venetian Inn property and the other does not. Utilizing the option that has limited impact on The Venetian Inn, total estimated costs of the improvement are as follows: Street $951,000 Streetscape $555,000 Burying Powerlines $275,000 Upgrade Railroad Crossing $75,000 City Overhead & Engineering $593,000 Total $2,450,000 The Engineer reported that based on the City's assessment policy, it is proposed that the project be assessed at the commercial rate. That rate is estimated at between $80 and $85 per front foot. There is a total of 6,164 feet of assessable footage. It is also proposed that the residential properties have the option of being assessed at the City's residential rate with a deferral of the difference between the commercial and residential rate. There is 1,608 feet of property that is being used as residential. Approximately 850 feet of frontage is owned by the City. The Engineer reported that of the total estimated cost of $2,450,000, approximately $972,174 would be paid by Ramsey County, $524,000 would be assessed (including an assessment to the City for its frontage), and $950,000 would be funded by a contribution by the City or out of other funding sources. Morelan asked if the project would be overseen by the City. The City Engineer replied that it would. He noted that the project is the result of a joint planning effort by the County and the City, and there are certain minimum standards required by the County for the road. However, the plan includes the streetscape amenities identified by the City as part of the redevelopment guide that was developed a few years ago. Morelan asked how the County's sha~~e of the project costs was calculated.