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<br />WS – Item #2
<br />
<br />WORK SESSION STAFF REPORT
<br />Work Session Item No. 2
<br />
<br />Date: June 2, 2014
<br />
<br />To: City Council
<br />
<br />From: Michael Grochala, Community Development Director
<br />
<br />Re: Street Reconstruction Plan Update
<br />
<br />Background
<br />
<br />As directed by the City Council staff has developed a 5 year Street Reconstruction Plan. The
<br />draft plan was first presented to the council in March. The plan was based on the pavement
<br />management ratings and consideration of average daily traffic on street segments. The draft plan
<br />proposed a 5 phase reconstruction process that addresses approximately 10 miles of city streets.
<br />
<br />Phase Streets Total Length (Feet) Estimated Cost
<br />
<br />I
<br />Hokah Dr, Rice Ct, Totem Tr,
<br />Arrowhead Dr, Tomahawk Tr,
<br />Tomahawk Ct, Chippewa Tr,
<br />Arrowhead Ct
<br />
<br />10,535
<br />
<br />$3,009,125
<br />II West Shadow Lake Drive, Shadow Ct,
<br />LaMotte Dr, LaMotte Circle
<br />10,643 $3,040,015
<br />III 81st St, Danube St, Elbe St, Red Maple
<br />Ln, Holly Dr, Holly Ct
<br />10,441 $,2,982,179
<br />IV Oak Ln, Knoll Dr, Joyer Ln, Karth Rd,
<br />Talle Ln, Canfield Rd, Gaage Ln
<br />9,735 $2,780,598
<br />V 77th St, Gordon Ave, Rehbein St,
<br />Peltier Lake Dr, James St
<br />11,229 $3,207,139
<br />Total 52,583 $15,019,056
<br />
<br />As noted in the plan some project areas may, after further evaluation, be identified as a candidate
<br />for reclamation. In such cases the plan would be adjusted to accommodate other street segments.
<br />
<br />The estimated costs detailed above do not include any replacement or installation of watermain
<br />or sanitary sewer. If the residents in any of these neighborhoods would like to have sanitary
<br />sewer or watermain installed as part of a street reconstruction project they will need to petition
<br />the City for these improvements and agree to be assessed 100% of the cost.
<br />
<br />The timeline for completing the plan phasing would be based on a financial analysis to determine
<br />the preferred bond structure. Springsted Inc. has prepared preliminary debt service schedules
<br />based on bond issuance of 10, 15, and 20 years. A 15 year schedule would result in annual debt
<br />service of approximately $269,000 based on a $3,000,000 project.
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