HomeMy WebLinkAbout2004-01-29 - 2004 Residential Street Improvement Project Input Meeting
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2004 RESIDENTIAL STREET
IMPROVEMENT PROJECT
INPUT MEETING
Wednesday, January 29, 2004
6:30 P.M.
L Opening Remarks & Introduction
1. Acting Mayor - Council Member Linda Broussard Vicken
n. 2004 Street Reconstruction Proposal
1. City Engineer - Mr. Tom Petenon, Bonestroo, Rosene, Anderlik & Assoc.
m Financing
1. Municipal Finance Officer- Mr. George Eilertson, Northland Securities
2. City of Centerville Finance Director - Ms. Ellen Paulsetb
IV. Question and Answer
V. Adjournment
City of Centerville
2004 Residential Street Improvements
Public Information Meeting
Thursday, January 29, 2004 6:30 P.M.
Streets Affected and ProDosed ImDrovements:
1. Lamotte Drive from Heritage Street to Lamotte Park.
Water main, storm sewer, new street with concrete curbs
2. Heritage Street from Lamotte Drive to Centerville Road
Water main, storm sewer, new street with concrete curbs
3. Center Street from Centerville Road to Dupre Road
Water main, storm sewer, new street with concrete curbs
4. Tourville Circle, Pheasant Lane and Oak Circle
Water main, storm sewer, new street with concrete curbs
5. Dupre Road from Eagle Pass to south end.
Water main, storm sewer, patch existing street, sidewalk
6. Brian Drive from Main Street to south of creek.
New street with concrete curbs
7. Shad Avenue from Main Street to Fox Run.
Water main, storm sewer, new street with concrete curbs
8. Peterson Trail from Fox Run to 73rd Street.
Mill pavement and overlay.
9. 73rd Street from Brian Drive to 20tn Avenue.
Mill pavement and overlay
Estimated Project Cost: $2.5 million
Proposed Assessments: $1.0 million
Schedule: Construction from May - September 2004
City Engineer: Tom Peterson (651-604-4868)
Main reasons for project: City goal to provide city water to all residents. Street
pavements in poor condition, drainage problems in many areas, low interest rate for
borrowing money.
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LOCATION MAP
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CENTERVILLE, MINNESOTA FIGURE 1
2004 STREET & UTILITY IMPROVEMENTS
61603133F101.DWG
NOVEMBER 2003
COMM.: 616-03-133
LEGEND
RECONSTRUCTION
MILL & OVERLAY
~ Bonestroo
-=- Rosene
"1\1'1 Anderlik &
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. Proposed 2004 Residential Street Improvements
Estimated Assessment Schedules
.
Terms: 10 years
Interest Rate: 6.0%
Amount of Assessment $5,000.00 $6,000.00 $7,000.00 $8,000.00 $9,000.00 $10,000.00 $11,000.00 $12,000.00 $70,000.00
Annual Payment $679.34 $815.21 $951.08 $1,086.95 $1,222.81 $1,358.68 $1,494.55 $1,630.42 $9,510.76
Terms: 15 years
Interest Rate: 6.5% .
Amount of Assessment $5,000.00 $6,000.00 $7,000.00 $8,000.00 $9,000.00 $10,000.00 $11,000.00 $12,000.00 $70,000.00
. .
Annual Payment $531.76 $638.12 $744.47 $850.82 $952.59 $1,063.53 $1,.165.29 $1,276.23 $7,444.69
.
Terms: 15 years
Interest Rate: 7.0%
.
. Amount of Assessment $5,000.00 $6,000.00 $7,000.00 $8,000.00 $9,000.00 $10,000.00 $11,000.00 $12,000.00 $70,000.00
Annual Payment $548.97 $658.77 $768.56 $878.36 $988.15 $1,097.95 $1,207.74 $1,322.08 $7,685.62
1/30/2004
9:50 AM
2004 streets example.xls
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