02/13/2012 Council Packet - Laserfiche WebLink

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s • • CITY COUNCIL AGENDA ITEM 6A STAFF ORIGINATOR: Michael Grochala MEETING DATE: February 13, 2012 TOPIC: Public Hearing. Otter Lake Road Extension Improvement Project. VOTE REQUIRED: None Required INTRODUCTION On January 9, 2012 the City Council received the feasibility report for the Otter Lake Road Extension prepared by TKDA, the City's engineering consultant. The council approved Resolution No. 12 -05 calling for the public hearing on improvements. The purpose of the hearing is to take public testimony on the proposed improvements from interested parties and the property owners affected by the improvements. BACKGROUND Over the past three years city staff has been working with property owners along the northeast quadrant of I -35E and Main Street to facilitate the northerly extension of Otter Lake Road. In March of 2011 MFC Properties presented a development concept to the City Council for property located northeast of the Otter Lake Road/Main Street intersection. MFC Properties subsequently submitted a petition, dated April 2, 2011, requesting the preparation of a feasibility study and installation of roadway, water main and sanitary sewer improvements to service pending development. On May 23, 2011 the City Council authorized preparation of a feasibility study for the proposed improvements. A copy of the study was distributed at the January 3, 2012 work session. The project includes the extension of sanitary sewer, water main storm sewer, street, traffic control signals and pedestrian improvements. The estimated cost of the proposed Phase 1 improvements is $895,000 including land acquisition, engineering, and construction. Approximately $872,150 is proposed to be assessed to benefiting property owners. RECOMMENDATION No action is required at this time. However, based on the testimony received the council may wish to schedule further discussion on the improvements at the next available work session date to discuss next steps. P34