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May 6, 2002
<br />PRIVATE STREET DATA
<br />Estimated Estimated Cost to City's Share Cost to Cost to Estimated Annual
<br />DEVELOPMENT Length(ft) Length(miles) Reconstruct to Reconstruct Mill and Overlay Seal Coat Maintenance Cost
<br />Towns Edge Terrace 5200 0.98 $780,000 $628,160 $78,000 $18,200 $7,800
<br />Colonial Village Park 6000 1.14 $900,000 $724,800 $90,000 $21,000 $9,000
<br />Silver Lake Woods 2300 0.44 $345,000 $277,840 $34,500 $8,050 $3,450
<br />Mounds View Mobile Home Park 4300 0.81 $645,000 $519,440 $64,500 $15,050 $6,450
<br />Landmark Circle 2000 0.38 $300,000 $241,600 $30,000 $7,000 $3,000
<br />Pleasant View Town homes 800 0.15 $120,000 $96,640 $12,000 $2,800 $1,200
<br />Knollwood Green 700 0.13 $105,000 $84,560 $10,500 $2,450 $1,050
<br />North Ridge Villas 700 0.13 $105,000 $84,560 $10,500 $2,450 $1,050
<br />TOTAL 22000 4.03 $3,195,000 $2,573,040 $319,500 $74,550 $31,950
<br />NOTES:
<br />This does not / may not represent all private streets in Mounds View
<br />Reconstruction Costs $150.00 per lineal foot
<br />City's Share to Reconstruct $150 per lineal foot - 2($14.8 per front foot) = $120.80 lineal foot
<br />Mill and Overlay Costs $15.00 per lineal foot
<br />Seal Coat Costs $3.50 per lineal foot
<br />The 2002 Streets Budget is approximately $313,000 (Pavement management, snow & ice removal, Street sign maintenance - did not include vehicle maintenance
<br />There are 39 miles of City streets in Mounds View
<br />Therefore annual street maintenance is: $8,000 per mile of street
<br />$1.50 per lineal foot of street
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