Agenda Packets - 1997/09/15 - Laserfiche WebLink

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City of Mounds View Staff Report August 29, 1997 Page 2 • To continue with the process to gain formal approvals from MnDot for the signal and preliminary realignment additional work will need to be completed in the following areas: • a Signal Justification Report(SFR) is required for written approval from MnDot. This report will also help MnDot in determining the possibility of providing funds for the signal. SEH indicated that it is possible that MnDot would fund 50%of the signal. • formal preliminary Road Alignment Plan will need to be developed for MnDot to obtain any cost sharing commitments and to allow Anthony Properties to complete their final plans for submission to Planning Commission as part of the development review process • submission of Cooperative Agreement Program to allow MnDot to estimate cost sharing as part of their 1999 fiscal year. If approved funds are available in July of 1998. City engineers from SEH have done excellent work in gaining preliminary verbal approvals from MnDot for the signal. They have prepared a work program to continue with gaining the approvals for an estimated fee of$12,900. Because time is of the essence to meet MnDot deadlines and future construction season time table SEH is already working on the SJR. They need to submit the information to MnDot by mid September. Continuing with this process is critical to both the City and Anthony Properties. With the increased traffic and community activity that will be generated by the Community Center the signal would . provide a much safer crossing and smoother flow of traffic. If the Council wishes to proceed with the ring road concept integrating that portion into the Theater project is critical. Anthony Properties has been very patient and supportive of the City's vision. Anthony Properties has already missed their goal of opening the Theater in the summer of 1998. They now need to open in the fall of 1998. There is no doubt that an intersection will provide value to Anthony Properties but a road through their development is seen as more of a City benefit since Anthony Properties will be losing a developable commercial parcel. The signal also provides benefit to the H2 neighborhood in that there will be less of a tendency for traffic from the Theater to use H2 if they are able to travel west on 10 directly from the Theater. Staff would request preliminary approval to continue the work on this project. Even if the ring road concept does not meet the needs of the community the signal would provide a safe crossing and traffic flow by the increased traffic generated by the Community Center and the Theater/Office development. Cathy Bennett, Director of Economic Development N:\DATA\GROUPS\COMDEV\SPECPROJ\SP03 8.97\RINGROAD.CC3 •