CCP 03-30-1992 - Laserfiche WebLink

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CITY OF ARDEN HILLS MARCH 25, 1992 . PAGE TWO We have worked with the low bidder, F.M. Frattalone, Inc. on a project in Falcon Heights. We have also contacted references provided by F.M. Frattalone, Inc. for work completed last year in Shoreview, Maplewood and for projects in Ramsey County. All references indicated that the Contractor's work met all specifications and was of good quality. F.M. Frattalone, Inc. will primarily complete the excavation, grading and utility work, with subcontractors used for the concrete curb and gutter and bituminous paving work. Based on these references, we are prepared to recormlend award of the 1992 Tiller Lane Street Reconstruction Improvements Project to F.M. Frattalone, Inc. as the lowest responsible bidder after the assessment hearing for the proj ect. The assessment hearing for this project is set for April 27, 1992. The assessment rate for these improvements is based on the project cost, calculated as follows: Actual Construction Bid $211,105.00 Administration, Fiscal, Legal (32%) 67,553.60 . Total Project Cost $278,658.60 As estimated assessment rate of $35.28 per front foot was presented at the public hearing, based on assessing 50% of the street improvements and soils correction work, and 100% of the storm sewer improvements. The estimated assessment rate was comprised of $23.00 per foot for street improvements, $9.46 per foot for soils correction and $2.82 per foot for storm sewer improvements. Based on the bids received, however, a reduction of the estimated assessment rate to $29.27 per foot can be supported. This recalculated assessment rate is comprised of $19.34 per foot for street improvements, $8.47 per foot for soils correction and $1.46 per foot for storm sewer improvements. Attached for your review and consideration are two resolutions pertaining to the April 27, 1992 assessment hearing. The first resolution establishes the residential equivalent rate for street reconstruction of Tiller Lane as $29.27 per front foot. It is important to note that this rate is higher than the 1991 residential equivalent assessment rate of $22.00 due to the soils correction work that is necessary, It is possible that the rate in future years may be higher or lower, depending on the existing conditions of the street to be reconstructed. The second resolution determine the costs to be assessed and orders preparation of the assessment roll. .