#10 - 15th St N Improvements - Laserfiche WebLink

Home Browse Search

No Passing designation was reviewed and confirmed by the design team based on the in-place vertical curvature. Based on MSA design standards, no on-street parking will be permitted. There are no storm sewer improvements needed for the project and there are no stormwater management requirements. Impervious surfaces along the street corridor will be reduced as the paved shoulder widths are decreased from 8-feet to 6-feet. The total estimated project cost is $532,000. A portion of the project is proposed to be assessed to the benefitting properties. The proposed street assessment is $39,800 for the commercial property located at 8281 15th Street North (Pine Crest Storage Inc.), and $8,200 for each of the 6 residential properties with direct access to the improved street. The City Planning Department has reviewed the benefitting properties and none of the properties are able to be subdivided under the current land use and zoning designations. The unit residential street assessment is based on assessing 30% of the street costs on a per unit basis, after deducting the MSA fund contribution to the project costs to address the use of the roadway as a collector street. The commercial street assessment is based on assessing 100% of the adjusted street costs (reduced by MSA funds) on a lineal foot basis. Assessments for street improvements will be levied over a 15-year period and charged an interest rate of 1% over the bond rate for the project. In addition, the plans and specifications have been completed for the improvements and are ready to be advertised for contractor bids. A bid date has been scheduled for April 18, 2024. Contractor bids will be received and reviewed by staff with a tentative staff recommendation for award of contract to be presented for council consideration at the May 7, 2024 council meeting. FISCAL IMPACT: The total estimated project cost is $532,000. The improvements will be funded through a combination of Municipal State Aid Funds, in the amount of $330,000; Special Assessments, in the amount of $89,000, and General Tax levy funds in the amount of $113,000. RECOMMENDATION: Staff is recommending that the City Council approve a Resolution, receiving the Feasibility Report, calling a public hearing, approving the plans and specifications, and ordering the advertisement for bids for the 15th Street North Improvements. The recommended motion for this action is as follows: “Move to approve Resolution No. 2024-035, receiving the Feasibility Report, Calling Hearing on Improvement, Approving the Plans and Specifications, and Ordering the Advertisement for Bids for the 15th Street North Improvements.” ATTACHMENTS: 1. Resolution Receiving a Feasibility Report, Calling for Hearing on Improvement, Approving Plans and Specifications, and Ordering Advertisement for Bids. 2. Notice of Hearing on Improvement. 3. Preliminary Assessment Roll and Exhibit. 4. Location Map. 5. Proposed Improvements Exhibit. 6. Project Schedule. 7. Advertisement for Bids. Feasibility Report (available for review at City Hall). Project Plans and Specifications (available for review at City Hall).