My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
07-24-23-R
ArdenHills
>
Administration
>
City Council
>
City Council Packets
>
2020-2029
>
2023
>
07-24-23-R
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/24/2023 6:10:07 PM
Creation date
7/20/2023 2:58:40 PM
Metadata
Fields
Template:
General
Jump to thumbnail
< previous set
next set >
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
226
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
<br />Prepared by: Bolton & Menk, Inc. ASSESSMENTS AND FUNDING <br />2024 PMP Street & Utility Improvements ǀ 0T1.130168 Page 10 <br />The estimated total project costs listed in Table 2 include the additional trail improvement scope, <br />additional wetland permitting, and additional application for a potential RCWD grant identified <br />through the feasibility study process. While City standard process includes an estimated percentage- <br />based method of estimating overhead and contingencies, the actual estimated additional trail design, <br />wetland permitting, and grant application costs are $23,000 and the estimated additional trail <br />construction costs is $130,000, both of which are accounted for in Table 2. <br />It is planned to bid the project with multiple bid alternates for the pond dredging work and trail and <br />retaining wall work. This will allow flexibility to include or remove these items from the project <br />based on the actual prices bid by the contractor to complete the work. <br />VIII. ASSESSMENTS AND FUNDING <br />Assessments for street improvement costs are proposed to be levied to benefiting properties as <br />outlined in Minnesota Statute 429 and the City of Arden Hills Assessment Policy. A preliminary <br />assessment roll was compiled for all adjacent benefitting properties per the City’s assessment policy <br />and is included in Appendix C. All identified properties were proposed to be assessed at a <br />calculated assessment rate of 50% of the street project costs. The street project costs were split <br />between reclamation improvements and mill & overlay improvements. Each property eligible for <br />assessment was identified as either a reclamation property or a mill and overlay property based on <br />their street address. Assessments for the proposed street improvements were calculated using the <br />Residential Equivalent Unit (REU) method as outlined in the City’s assessment policy. The <br />assessable costs for each improvement type were divided by the number of eligible REU’s to <br />determine an assessment rate for each improvement type. Calculations for the estimated assessment <br />rates are provided below: <br />Reclamation Areas <br />50% Estimated Street Project Costs = $486,800 <br />Residential Equivalent Units = 86 <br />Assessment Rate = $5,660 <br /> <br />Mill & Overlay Areas <br />50% Estimated Street Project Costs = $248,750 <br />Residential Equivalent Units = 69 <br />Assessment Rate = $3,605 <br /> <br />The preliminary assessment roll does not assign an REU to properties abutting the street <br />improvements if their property address is for another street that is not receiving the street <br />improvements, regardless of driveway access location, etc. in accordance with the city’s assessment <br />policy. <br />Additionally, the project area includes a few unique property situations as it relates to the city’s <br />assessment policy. The 1423 Floral Drive (the Floral Park property owned by the City of Arden <br />Hills), 1445 Floral Drive, and 1465 Floral Drive properties are not included in the preliminary <br />assessment roll. Although they have frontage along Royal Drive which is a project street, in <br />accordance with the assessment policy, their street address is not a project street. Also, these three <br />properties were all assessed as part of the 2018 PMP project, which included Floral Drive. The <br />4539 Keithson Drive and 1370 Colleen Avenue properties are both identified as 2 REU’s in the <br />preliminary assessment roll because their lot sizes are considered subdivisible, in accordance with <br />the city’s assessment policy.
The URL can be used to link to this page
Your browser does not support the video tag.