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June 93 1995 <br /> To: Steve Sarkozy, City meager <br /> From Karl P. KeeL ]erector of Public Works <br /> TROUT BROOK 'BR EPTOR RE ONVEYAN E <br /> 1n on a committee that'is considering the reconveyance of <br /> Over the fast ��'� I have been sitting Thy <br /> h� �tr� �litan �un�il ast��at�r �r�Ces (MCWS). <br /> stor� sewers currently owned by t � �d <br /> h i of Roseville is the Trout Brook interceptor, This pipe, construct <br /> interceptor affecting the City Falcon <br /> nv s storm drains a from Roseville, Maplewood,near the turn�f the century, overflows <br /> • i si i River. Generally, this watershed includes lake <br /> Heights, and fit. Pact t�the 1ss s �� <br /> from from dcarrons Lake and <br /> Lake Como. The attached memo dated u summarizes <br /> August 8, 1994, summ <br /> the history of the Trout Brook interceptor. <br /> ` transfer�wnershi of the Trout Brook interceptor to the <br /> Currently, the is proposing t�tr � <br /> • Rosev�e Maplewood, and St. Paul. The attached conveyance <br /> Cities��`Falcon Heights, a l� <br /> agreement and joint powers agreement for use of the Trout Brook interceptor have been drafted. <br /> Reconveyance costs are summarized below'. <br /> Total Cost Roseville Share <br /> (243%) <br /> Acquisition fee aid to MCWS) $123501560 $3283200*N= <br /> Inspection fee(paid to MSA) 1 2,000 5,800 <br /> 100 <br /> Repairs needed immediately 5567 000 132 <br /> Future identified repairs <br /> �51,0W 6071)500** <br /> MCWS wiU finance at 4%over 30 years— 1 99000/year. <br /> 31 000/y ear over 30 years at 3%inflation. <br />