Laserfiche WebLink
<br /> <br />Feasibility Report Page 20 <br />Snelling Avenue North and County Road E - Street and Utility Improvements <br />City Project Number PW 20-0100 DRAFT <br /> <br />5.3 Preliminary Assessment Roll <br />Assessments for street improvement costs are proposed to be levied to benefiting properties <br />as outlined in Minnesota Statute 429 and the City of Arden Hills Assessment Policy. A <br />preliminary assessment map and detailed preliminary assessment roll is provided in <br />Appendix L. <br /> <br />Special assessments to benefiting properties along residential streets typically fund 50 <br />percent of the surface improvements, including contingencies and overhead pursuant to Part <br />1 of the City’s Assessment Policy. The policy states that corner lots shall be assessed on the <br />street that is used for the mailing address. This provision is interpreted to limit assessments <br />for street improvements to the street segment abutting the mailing address frontage of the <br />property. This is an important provision given that only 24 properties are addressed on <br />Snelling Avenue North between County Road E and Highway 51. All other properties have <br />mailing addresses from adjacent side. <br />Given the non-standard lot configuration and limited number of eligible properties along the <br />Snelling Avenue corridor based on mailing addresses, assessments for Area 1 street <br />improvements on Snelling Avenue were calculated by dividing 50 percent of street costs <br />(under Alternate 2, no trail) by the total length of roadway improvement frontage to <br />determine a cost per foot. This unit cost per foot was then multiplied by the minimum lot <br />frontage for R1 zoned properties at 95 feet to arrive at a residential equivalent unit (REU) <br />assessment rate. <br />Part 1 of the City’s Assessment Policy further states that the assessable cost of an <br />improvement shall be defined as those costs that, in the opinion of the City Council, are <br />attributable to the need for service in the area served by the improvement. The potential <br />trail construction described in Alternate 1 and the proposed roundabout intersection <br />construction within Area 2 are considered regional improvements that serve numerous <br />properties outside of the project area and regional traffic traveling through the project <br />corridor. Therefore, the costs for these improvements are not included in the estimated REU <br />rate. The preliminary assessment rates for the parcels adjacent to the Area 2 intersection <br />improvements are calculated based on Area 1 standard street improvements as described <br />above. <br /> <br />Estimated assessment rates are provided below. <br /> <br />Street Improvements: Area 1 - Snelling Avenue, County Road E to Highway 51 <br />Estimated Street Costs: ......................................................... $782,930 <br />50% Estimated Street Costs: ................................................. $391,465 <br />Total Street Length Frontage: .............................................. 8,220 feet <br />50% Cost per Foot: ................................................................... $47.62 <br />R1 Zoned Minimum Frontage Width: ...................................... 95 feet <br />Assessment Rate: ...................................................................... $4,524