Agenda Packets - 2000/08/14 - Laserfiche WebLink

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SPRINGSTED Page 3 City of Mounds View, Minnesota Development of Highway 10 Action Plan Work Plan August 2000 The purpose of this outline is to present a draft of a proposed work plan between the City of Mounds View and Springsted Incorporated, whereby Springsted will assist the City in the development of an “Action Plan” for County Highway 10. Objectives One objective of the proposed work plan will be to assist the City in developing cost estimates and identifying funding sources for each administrative and capital item contained in the Highway 10 Steering Committee Report. A second objective will be to assist the City in the prioritization of action items along with implementation schedules for those items eventually included by the City in its Highway 10 improvement plan. Tasks Springsted will work with the City to determine which of the administrative and capital action items proposed in the Steering Committee Report will receive further study and consideration. Once the study list has been identified Springsted will work with the City to attach cost estimates to each of the items. • Springsted will ask the City to supply the estimated costs. • Where estimated costs are not available, Springsted will seek assistance from the City Engineer or a consulting engineer identified by the City to develop the estimated Highway 10 improvement costs. When cost estimates are assigned to the identified action items Springsted will develop a tentative financing plan for consideration by the City. • The finance plan will identify alternative funding sources and describe how these sources could be utilized for the project. • In addition to identifying cost estimates and financing alternatives, Springsted will make recommendations as to what combination of funding sources are the most efficient and cost effective for the City to consider. At the point where Springsted has assisted the City in identifying project costs and funding alternatives it will assist the City in the prioritization of proposed action items still to be considered for plan implementation. The culminating activity of this project will be the presentation of a Highway 10 improvement plan. • The plan will identify the action items to be completed, estimated cost, funding source and timeline for implementation.