08-12-09 Council Minutes - Laserfiche WebLink

Home Browse Search

MINUTES CITY COUNCIL AUGUST 12, 2009 portion of Valento Lat1e. Given the competitive bids the City received on the 2009 mill and overlay projects, the City was looking to increase the work originally bid. State Statue allows up to a 25% addition to an existing contract, and the contractor has expressed a willingness to complete the work at the same unit prices provided in the original bid. The Engineer estimated that prices received on the 2009 project work provided a 20% savings over estimated costs if construction costs rose at historic rates. He also pointed out that since bids were received, gas prices have risen by $.50 per gallon. The Engineer reviewed the street condition, noting that the pavement management rating for Valento Lane recommends rehabilitation. He described the mill and overlay work proposed noting that approximately 1'/z inches of the edges of the street will be milled off tapering toward the center of the street. The street will then be overlaid with bituminous. Some street patching may be necessary in areas of worst deterioration. There will be minor curb repair and replacement of badly damaged curb sections to improve curb drainage. The Engineer then reviewed the City's Assessment Policy relative to mill and overlay projects, noting that 50% of the cost is assessed to benefitting properties with the City paying the remaining 50% of the project. The Engineer noted that the total estimated cost of the project is $76,000. Next reviewed were the various assessment payment methods. The Engineer indicated that an assessment hearing would be held in late October. Once assessments are approved at that hearing, property owners have 30 days to pay their assessment in full or part with no interest at the City Center. After that 30 day payment period, assessment balances will be certified to Ramsey County for collection with property taxes over a 10 year period. Deferment options are available for property owners meeting age and income or disability guidelines. Interest continues to accrue on deferred assessments. The Engineer then reviewed the proposed project schedule should the project move forward. He noted that the proposed assessment roll is also included for property owners' review as well as an assessment amortization schedule. Keis asked how long street life will be increased as a result of the mill and overlay. The City Engineer estimated that a mill and overlay will extend the life of the street by 17 or 18 years before another mill and overlay or a full reconstruction would be needed. The Engineer noted that a full reconstruction would result in an assessment of approximately $5,500 to $6,000 per lot. Montom• asked when the street would likely need full reconstruction if the mill and overlay were not done. The Engineer indicated that that was difficult to estimate given the varying impacts that 2