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<br /> CONSENT ITEM – 7B <br />Page 1 of 1 <br /> <br /> <br />MEMORANDUM <br /> <br />DATE: May 14, 2018 <br /> <br />TO: Honorable Mayor and City Councilmembers <br /> Dave Perrault, City Administrator <br /> <br />FROM: Sue Polka, Public Works Director/City Engineer <br /> <br />SUBJECT: Special Assessment Agreements for County Road F Project <br />• Land O’ Lakes <br />• Boston Scientific <br /> <br /> Budgeted Amount: Actual Amount: Funding Source: <br /> $605,698.38 $550,810.59 Special Assessments <br /> <br />Council Should Consider <br />Authorize the Mayor and City Administrator to approve Special Assessment Agreements with <br />Land O’ Lakes and Boston Scientific. <br /> <br />Background/Discussion <br />On February 12, 2018, the City Council held a public hearing and accepted a feasibility report <br />regarding the County Road F project which includes intersection improvements at County Road <br />F and Innovation Way. The Feasibility Report included a preliminary assessment roll. <br />Assessments included assessing the cost of the proposed traffic signal system to the benefitting <br />properties, Land O’ Lakes and Boston Scientific. Land O’ Lakes proposed assessments also <br />include right and left turn lanes into their property. <br /> <br />Since that time, staff has met several times with both Land O’ Lakes and Boston Scientific to <br />discuss the project and the proposed assessments. In addition, Ramsey County has opened bids <br />for the County Road F Reconstruction Project which allowed staff to further refine the <br />assessment amounts. The resulting agreements with both parties are included in Attachment A – <br />Land O’ Lakes and Attachment B – Boston Scientific. The special assessment amounts are as <br />follows: Land O’ Lakes: $449,088.09, Boston Scientific: $101,722.50. <br /> <br />Attachments <br />Attachment A: Special Assessment Agreement - Land O’ Lakes <br />Attachment B: Special Assessment Agreement – Boston Scientific