CC 08-29-1983 - Laserfiche WebLink

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. MR. POPOVICH: Mayor and members of the Council, the total cost estimated here is $124,400.00. Of course, this is the feasibility hearing, so we won't know the actual cost until after the construction. Assuming there are 2500 feet of assessable frontage - of benefitted property - according to the engineer, and assuming it's 100% assessed, it would be $49.76 per front foot - roughly $50.00 per front foot. Whether we assess this over a period of ten years, six years - what have you - there are a lot of residents here so I would assume that a ten year period might be suggested - but we have no financing at this time because there is no pending bond issue. This will be handled internally and assuming there are enough of those, there will an issue next year or the year thereafter, which mayor may not pick this up, but will if it's required. For purposes of assessment costs, we would, of course, recommend at least 10%, but if interest rates are higher then, we would have a different carrying charge, depending on what the bond issues are, so we're at least that 1% over. MAYOR WOODBURN: Are there any written questions or objections or comments? MRS. McNIESH: No, I have no written comments. MAYOR WOODBURN: We'll open this to comments from the audience in that case. Any comments from the audience? MRS. CHRISTINE MELQUIST, 1699 Chatham Avenue: My husband and I purchased the lot on Round Lake, just south of 4345, and I have some questions I would like to ask. My husband was wondering if it would be possible to use a six inch water line instead of an eight inch water line since - if you were to put in water - it would be a closed water loop - considering that a six inch line has enough cross-sectional area to handle 36 one inch residential lines and a six inch line would save $5.40 per foot. MAYOR WOODBURN: We'll take these questions one at a time - I think you have more than one. Does your husband hire out for engineering? We may be looking around. . MR. CHRISTOFFERSEN: First of all, I'd have to check out the unit prices. The unit prices I used (inaudible) the difference between an eight and a six is $4.00 a linear foot. The eight inch watermain extension is part of the whole water- main system in the City of Arden Hills, as planned in 1969. For flow rates, it was felt that an eight inch was necessary in this particular area. It's not necessary for domestic use. If it was just domestic use, probably a six inch would work, but we're looking at fire protection and we have to get a certain amount of flow for "peak day" types of things for fire flow. So it's really the fire flow needs that dictate the size of the watermain. -2-