10-21-25 City Council Meeting Packet

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Lake Elmo Heights (Access from Stillwater Boulevard) Innsdale Avenue North, Stillwater Boulevard to CDS Eagle Point Creek Estates Inwood Avenue North, Stillwater Boulevard to CDS The proposed improvements in all three areas include a full depth reclamation of the street pavement section, with new bituminous pavement and installation of concrete curb and gutter. Storm sewer maintenance items are included in the scope including cleanup of outlet pipes, ditch grading, draintile installation, extension of storm sewer pipe, and replacement of drainage structures as recommended in the design documents. No street widening or geometric changes are proposed. It is recommended that “No Parking” signage be installed in accordance with the City’s Parking Restriction Guidance Policy as presented to the City Council with the preliminary design findings and recommendations. As outlined in the approved feasibility report, the street and drainage improvements are proposed to be partially assessed against the benefiting properties consistent with the City’s Special Assessment Policy. Street and drainage improvements are assessed at a rate of 30% of the total project costs for residential properties using a unit method. The remaining 70% of the project costs are paid through the city funds as determined by the Finance Director. Residential properties with direct access to the street, vacant lots, and lots with direct access from a private street are included as benefitting properties. Each property is assessed one unit unless the property can be subdivided using the current underlying land use and zoning regulations. Corner lots with direct access to two public streets are assessed 50% of the per unit basis when each street is improved. Street and drainage improvement assessments are levied over a 15-year period. All assessments are charged an interest rate of 1% over the bond rate for the project. The preliminary assessment roll detailing each benefiting property’s proposed assessment amount are included in the Feasibility Report and are summarized below. Table 1: Project Costs and Proposed Assessments Neighborhood Total Estimated Project Costs City Share of Project Cost Proposed Unit Assessment Total Assessment Revenue Lake Elmo Heights $2,024,000 $1,416,000 $15,200 for 40 units $608,000 Lake Elmo Heights (Innsdale Avenue N CDS from Stillwater Blvd) $158,000 $110,000 $6,800 for 7 units $47,600 Eagle Creek Point Estates (Inwood Avenue N CDS) $210,000 $139,000 $15,800 for 4 units $7,900 for 1 unit $71,000 Totals $2,392,000 $1,665,000 $727,000 FISCAL IMPACT: Approval of this resolution commits the City to enter into a design contract for the project. The estimated total project cost is $2,392,000 and based on current construction pricing, project contingencies for unforeseen conditions incurred curing construction, and engineering design and construction services fees. The final assessment calculations will be updated at the end of the project when