<br />Oot 06 2003 10:03AM BONESTROO ROSENE ANDERLIK 6516361311
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<br />.11 j Bonestroo
<br />. ~ Rosene
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<br />weralte; wvvw.b~ne$tr'o o.com
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<br />Sep~mber 30, 200~
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<br />Ms. Ellen Pau1sctb
<br />Finance .Di~c~or ,
<br />City of Centerville
<br />1880 Main Street
<br />CenterviIle~ MN . SS038~9794
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<br />RE: 21 It, A'v.nue Improvements .'. ..', '
<br />Our File: 6'16'-98-808, '. , ' "
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<br />Dear Ellie~
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<br />The tptal cost of .the 2l.~t 'rA ve~ue,' S.~eet and Stonn Sew.~r' irpp,~vemcnts has been determined to
<br />be $120,000 for 'the City.,'of Cent.e!\iille. :' We.',recD~en:d ',.~at, a portion of this amount be
<br />assessed equaJly to the three pr6,p~rty' own'e,~' on' the' we,~t., side ot the ro~cL
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<br />The original Feasibility Report: done 'in May 2001 h~ t~e C~terville. portion at S182,250.
<br />Further revisions to the design in 2002 lowered the Centervi]l~ cost to $166.~,OS, The recent'bjd
<br />in August 2.003 resulted in.1ow unit prices, ,,'~th the final city costs coming in ,at, $120,000.
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<br />This information was used to ienerate a possible assessment amount to each property. On
<br />September 2t5, :2'003, I sent you a revised calculation from the sheet you had prepared. 'The costs
<br />'were separated into ..~treet, ~tonn sewer and curb and gutte.r. USlng typical U!CS!n1ent ratios for
<br />these three improve.merits? the assessment per lot works out 10 $14,042. The City woUld fund the
<br />balance, or $77,874. '
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<br />Based on typical indu~trial iize loti (200' frontase, 1,5 acres each), a S14,042 assessment for
<br />street construction and 'drainage improvements is a fair amount. This is well belo'\v the a.ppraised
<br />benefit of $24,200 and much lower than the proposed assessment to properties on the east glde of
<br />the road in Lit1o'Lakes~
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<br />Please contact me if you have questions.
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<br />Sincerely,
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<br />BONESTROO, ROSENE I ANDERLIK & .ASSO~IATE~, I~C.
<br />'7~/kj W/~~~ -~ -,.:.~
<br />Thomas WI Peterson
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<br />23~5 West Highway 36 . St. Paul,r'MN 55113 I 651"636-4600 .. Fax~ 6S1"636-T3Jl
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