04/27/2009 Council Packet - Laserfiche WebLink

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• • STAFF ORIGINATOR: AGENDA ITEM 6B Michael Grochala CITY COUNCIL MEETING DATE: April 27, 2009 TOPIC: Consideration of Resolution No. 09 -27 Authorizing Report on Improvements, I- 35E/CSAH 14 (Main Street) Interchange. ACTION REQUIRED: 4/5 BACKGROUND Anoka County, in cooperation with the City of Lino Lakes and the Minnesota Department of Transportation, is nearing completion of final design for the I- 35E/CSAH 14 Interchange and is commencing with right -of -way acquisition. The project is tentatively scheduled for bid letting in September of this year. The total cost of the project is estimated at $22 million including construction and right - of -way acquisition. The project is proposed to be funded by federal, county and local sources. The city and county have previously received $980,000 in federal High Priority Project (HPP) funding for preliminary and final design. Approximately $5.8 million in federal dollars was previously awarded as part of the State Transportation Improvement Program (STIP). Additionally, the Metropolitan Council's Transportation Advisory Board (TAB) has recommended award of approximately $4.8 million in federal stimulus funding to the project. The anticipated County /City share of the project is approximately $9.2 million dollars. City staff is working with Anoka County to determine the final cost split, however our previous estimates have been approximately $6 million. The city's share of the project is proposed to be funded primarily through special assessments to benefiting properties along the I -35E corridor. The preparation of a report on improvements is both a statutory and charter requirement for projects where the costs are proposed to be assessed against the benefiting properties. The city has received a proposal from SRF Consulting Group to complete the report. SRF is the design engineer for the project and previously completed a transportation cost allocation study for the city. SRF is proposing to prepare the report for an estimated cost of $23,000. Project Timeline To meet both Charter requirements and State Law requirements for specially assessed improvement projects, and meet the proposed bid letting, the process schedule is