2017.09.05 CC Packet - Laserfiche WebLink

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Lake Street Reconstruction Project. City Engineer Mark Erichson and Senior Engineering Technician Steve Duff have reviewed Pay Request No 3 and found it to be satisfactory for work completed to date on this project. Staff recommends Council approve Pay Request No. 3 to T.A. Schifsky in the amount of $303,391.22 for work completed to date on the North Sunset Lake Street Reconstruction Project G.5 Approve Final Pay Request to Peterson Companies, Inc. for Beaver Ponds Stormwater Reuse Proiect The City of Hugo has received the Final Pay Request No. 2 from Peterson Companies for the Beaver Ponds Water Reuse System. City Engineer Mark Erichson and Senior Engineering Technician Steve Duff have reviewed the final pay request and found it to be satisfactory for work completed on this project. Staff recommends Council approve Final Pay Request No. 2 to Peterson Companies in the amount of $8,625.00 for work completed to date on the Beaver Ponds Water Reuse System Project. G.6 Approve Resolutions Declaring Costs, Ordering Preparation of Assessments, and Setting Public Hearing for North Sunset Lake Improvement Project for October 2, 2017 At it December 5, 2016 meeting, Council held a public hearing on the North Sunset Lake street improvement project and the preparation of plans and specs for the project. Bids were opened on April 6, 2017 and the project was awarded to T.A. Schifsky & Sons. Improvements are substantially completed, and staff is recommending that the Council move forward with the assessment process for the project. Staff recommends that the Council adopt two resolutions included in the Council packet: Declaring the Costs to be Assessed and Ordering Preparation of the Assessment Roll, and Setting the Assessment Hearing for October 2, 2017 G.7 Approve Preliminary Tax Levy for 2018 At its August 22, 2017, mid -year budget workshop, the City Council listened to a presentation from Finance Director Ron Otkin highlighting revenues and expenditures to date as well as projections for the 2018 fiscal year. It was the consensus of the Council that the 2018 preliminary tax levy provide for no change in the urban tax rate. The total proposed 2018 property tax levy of $6,589,302 keeps the urban tax rate at 36.323% of tax capacity while the rural tax rate will decline by 0.24%. The Finance Director believes this levy is sufficient to fund the operating and capital budgets in fiscal 2018 and recommends the City Council approve the Resolution Approving the Preliminary Tax Levy Payable in 2018. G,8 Approve Resolutions Approving Final Plat and Development Agreement for Fable Hill 5' Addition Elmcrest Investments, LLC, (Len Pratt) is requesting approval of a final plat in order to plat 21 villa lots and 2 outlots on the 19 acre parcel located north of Fable Hill Road. The site is currently vacant. The City Council had reviewed an amendment to the preliminary plat and PUD for Fable Hills 4 Addition at its August 21, 2017 meeting. There are no changes to the lots from the preliminary plat. The lots meet the minimum lot standards and requirements outlined in the regulations for the Fable Hills PUD. Staff recommends approval the resolution approving the