12-19-2001 Council Agenda - Laserfiche WebLink

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Howard R. Green Company Feasibility Study Project No. 815920J 2002 Street Reconstruction and Utility Improvements Little Canada, Minnesota quarterly surcharge of $13.32 would be charged to these lots after the watermain is installed for fire protection and maintenance of the water system. A preliminary assessment roll has been prepared and is shown in Appendix C. It includes the assessments for both the watermain extension and street reconstruction. Residents are not obligated to connect to the City water. They may maintain their well, but it must be segregated. Possible extra charges to residents for this watermain extension are Water Availability Charge (WAC) of $300.00, an Inside Water Permit Hook Up Fee of $175.50, and an Outside Water Permit Hook Up Fee of $25.50. • STARK STREET The total project cost for the reconstruction of Stark Street is estimated at $290,500. When the City's Street Assessment Policy is applied to the project costs, the maximum assessable cost to the adjacent property owners is $150,000. There are 26 properties along Stark Street that would be assessed for a total of 2,063.14 front feet. When the total assessable cost is divided by the assessable front footage, the assessment per front foot is $140.80. This is above the maximum assessment rate of $48.50 per front foot; therefore, the assessment rate would be set at $48.50 per front foot. The table at the end of this section summarizes the total project cost that will be borne by the City and the cost that will be assessed to the benefited properties. A preliminary assessment roll has been prepared and is shown in Appendix C. Costs for the hydrant relocation and sanitary sewer repairs will not be assessed to the properties but will be borne entirely by the City. • MARKET PLACE DRIVE Market Place Drive serves entirely commercial properties; therefore the assessment of these properties will be based on the City's commercial rates. The estimated cost for the proposed reconstruction of Market Place Drive is $1,350,000. When the City Assessment Policy is applied to this project, the maximum assessable cost to the abutting property owners would be $570,000. There are 10 lots along Market Place Drive with a total assessable front footage of 3,334.72 feet. When the assessable project cost is divided by the total assessable front footage, the cost per front foot would be $170.93. This is above the maximum assessable cost for commercial properties of $86.75 per front foot; therefore, the assessment rate would be $86.75 per front foot. The table at the end of this section summarizes the cost of the project that will be borne by the City and the amount assessed to abutting properties. A preliminary assessment roll has been prepared and is shown in Appendix C. Costs for the sanitary sewer relocation and repairs will not be assessed to the properties but will be borne entirely by the City. • RYAN DRIVE 11 PAGE 183