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39 M. Findings Over the five meetings held with the Street Reconstruction Task Force, a number of items were discussed in great detail. The Task Force demonstrated a very wide range of ideas in regard to the reconstruction of the concrete streets within St. Anthony Village and a very detailed debate as to the impacts reconstructing concrete streets with asphalt or concrete may have on the Village. Although the'rask Force did not come to a unanimous and concise conclusion, a general consensus was developed by the group that if costs were not a consideration for the reconstruction of the streets, they would prefer concrete as the preferred pavement Many members of the Task Force expressed concerns associated with the capital costs, the impact to assessments, and the impact to the City levy of choosing concrete for the reconstruction of City streets. Others on the Task Force are strongly committed to reconstructing the concrete streets and maintaining the existing look and feel of the City of St. Anthony Village, not replacing the concrete street the homeowners' chose when building or buying their homes with asphalt; and feel that the costs associated with the reconstruction of the concrete streets are justified by the value they bring to the community. The findings on costs associated with reconstructing the concrete streets with either asphalt or concrete can be found on tables outlining the capital costs, maintenance costs, and life cycle costs for both pavement conditions in the Appendix to this report. A summary of the findings of these tables is provided below: The City of St. Anthony Village has approximately 14 years of street reconstruction projects currently programmed. 2. On average, the City of St. Anthony Village expends approximately $1,030,000 on just the street reconstruction portion of the City's annual street and utility improvement project. Reconstructing City streets with concrete will increase the annual construction budget from $1,030,000 to $1,390,500. This is a difference of $360,500 annually, or approximately $5,050,000 over the next 14 years. 4. The streets were evaluated based on a 60 -year life cycle cost. This life cycle cost for concrete and asphalt has been broken down as follows: Concrete Pavement a. Initial cost to construct: $88.21/sq. yd. b. Joint sealing, crack sealing and rehabilitation $8.05/sq. yd. C. Panel replacement for utility repairs $3.69/sq. yd. Total Cost Over 60 Years $99.95/sq. yd. Street Reconstruction Task Force Findings Report Page 4 November 13, 2008 WSB Project No. 1626-03