Agenda Packets - 1984/01/23 - Laserfiche WebLink

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"I — MEMO TO: Mayor and City Council FROM: John C. Johnson DATE: January 1G, 1984 SUBJECT: FEASIBILITY REPORT FOR PUBLIC IMPROVEMENTS ON FAIRCHILD AVENUE NORTHERLY OF LAPORT DRIVE Attached is a sketch showing the layout that staff developed for the two vacant properties lying southerly of the Gale Addition and northwesterly of the intersection of Laport Drive and Fairchild Avenue. As can be seen by the layout, staff has developed a plan that would allow development of three lots with each lot having at least the 11,000 square feet required by City Code. The northerly lot will have a dramatically reduced building envelope due to rear yard and front yard setback require- ments and may require consideration of variances prior to issuance of building permits. The cul-de-sac was kept as confined as possible to minimize necessary improvement costs and at the same time maximize utilization of the property in question. The subdivision will require relocation of the garage which serves the existing home on the northerly lot. Staff has reviewed the probable cost of construction of the proposed improvements and it is as follows: 1. Installation of sanitary sewer main with three sewer services $ 6,400.00 2. Installation of 6 inch water main with two gate valves, one fire hydrant and three services $ 7,400.00 3. Paving and concrete curb and gutter of cul-de-sac $ 6,300.00 4. Clearing, grubbing, and grading $ 4,800.00 With 15% contingencies the estimated construction cost is $28,600.00. It is estimated that associated project costs such as engineering, administrative fees, financing fees, and inspection costs will run approximately 35% for a total estimated project cost of $38,600.00. This works out to approximately $12,900.00 per lot for cost of improvements. The above costs do not include those costs that would be associated with the subdivision of the parcels in question. The subdivision would require a legal land survey and preparation of a subdivision plat. This plat would require the cooperation of both property owners in as such one of the lots is divided or is situated across the existing common property line.