07/12/2004 Council Packet - Laserfiche WebLink

Home Search

• • STAFF ORIGINATOR: CITY COUNCIL MEETING DATE: TOPIC: ACTION REQUIRED: BACKGROUND AGENDA ITEM 6D Michael Grochala July 12, 2004 Public Hearing, Woods Edge Public Improvements Simple Majority to Open and Close Public Hearing The City Council accepted the Feasibility Study, prepared by Short, Elliott, Hendrickson, Inc., for the Woods Edge Improvements on June 14, 2004. In accordance with Minnesota Statutes, Chapter 429, the City must hold a hearing on improvements prior to ordering the project. The proposed project includes the reconstruction and new construction of sanitary sewer, storm sewer, water main, streets, streetscaping, sidewalks within the development as well as proposed improvements to Lake Drive. The estimated cost of the improvement is $8,382,000. The proposed improvements will service the proposed Hartford Group development as well as the proposed YMCA. The cost of the improvements are proposed to be assessed against the properties within the Legacy at Woods Edge project. Due to the unique layout of the project individual lot assessments will be calculated on an area basis. Staff is currently working with Springsted Ind., the City's Financial Consultant, to evaluate additional funding sources for the project. The results of this exercise may lower the total amount to be assessed against benefiting properties. This will be completed prior to the City Council ordering the improvement. Representatives from SEH, Inc., will be at the meeting to address public comments. No formal action is being requested at this time other than to open and close the public hearing. RECOMMENDATION Staff is recommending that the council open the public hearing, accept public testimony and close the hearing.