Laserfiche WebLink
Project Category: MSA Street Improvements <br /> <br />Project Title: Future Major Road Projects <br /> <br /> <br />Total Estimated Cost: $32-49,000,000 Total Cost (Unfunded) <br /> $19,500,000 City Cost Est. (Unfunded) <br /> <br />Funding Priority: 2 <br /> <br />Account Number: N/A <br /> <br /> <br /> <br />Future Projects <br /> <br /> <br />Municipal State Aid – Unfunded: <br /> <br />Minnetonka Blvd. (Mills area) <br />I-394/Hopkins Crossroad Bridge widening <br /> <br />TH7/Baker Road Bridge <br />I-394/Plymouth Bridge <br /> <br /> <br /> <br /> <br /> <br />$2,000,000 <br /> 10-12,000,000 <br /> <br />5-10,000,000 <br />15-25,000,000 <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Justification: <br /> <br />Traffic studies and other technical reports have <br />identified these projects as being necessary to <br />support redevelopment and intensification of adjacent <br />areas. Funding sources have not been identified for <br />any of these projects, and will vary significantly <br />depending on the degree of support from the state, <br />county, and area property owners. In some cases, <br />right-of-way acquisition costs will be extremely high, <br />and agency permitting will be difficult. <br /> <br />In 2012, an area vision study identified additional <br />improvements that were necessary for Plymouth <br />Road to support the long range vision for the area. <br />Scheduling and Project Status: <br /> <br />None of these projects are currently scheduled for <br />construction. When they are, funding sources and better <br />cost estimates will be identified including the city’s share <br />of each project. City costs identified above are a very <br />gross estimate of 25 percent of total high costs. <br /> <br />Relationship to General Plan and Other Projects: <br /> <br />These projects are consistent with the Transportation <br />Element of the Comprehensive Plan, and the Ridgedale <br />area vision plan. <br /> <br />Effect on Annual Operations Costs: <br /> <br />These projects will impact operating costs. <br /> <br /> <br /> <br /> <br /> <br />Description: <br /> <br />These projects will likely be necessary <br />when redevelopment and intensification <br />occurs in adjacent areas. <br /> <br /> <br />Item #4: Attachment A