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Department Approval � Item Description BACKGROUND g�� � REQUEST FOR COUNCIL ACTION Date: 3/22/10 Item No.: l l.a City Manager Approval Public Improvement Hearing for Rice Street/ TH 36 Bridge Reconstruction Proj ect � On February 8, 2010, the City Council received the feasibility report for the Rice Street/ TH 36 Bridge . Reconstruction Project and ordered the public hearing. Prior to opening the hearing, staff will present � general information regarding construction, standards, and assessments that apply for this proj ect. This : project is being managed by Ramsey County and MnDOT. E The purpose of the proposed Rice Street/Highway 36 interchange improvements is to address � existing and future safety and operational deficiencies. The need for the project is driven by: f • Anticipated increase in traffic volumes on Rice Street from 20,000 vehicles per day to s (existing) to 27,200 vehicles per day (2033) �� • Rice Street bridge over Highway 36 no longer meets current geometric standards �� • Rice Street bridge is in poor condition and eligible for federal bridge replacement funding. �� • Closely spaced intersections do not comply with current Mn/DOT access management �: standards and cause traffic flow issues �� • Non- motorized transportation facilities along Rice Street are not continuous, creating a �: bottleneck at TH 36. �E As traffic volumes increase, safety and traffic operations will continue to deteriorate if existing �� deficiencies are not addressed. The feasibility report details the proposed design, neighborhood impact, �f estimated cost and proposed funding for the construction of these public improvements. Consistent � s with Ramsey County's cost sharing policy, a portion of the street reconstruction costs will be charged to 2� the City of Roseville. It is the City's policy to assess adjacent property owners for up to 25% of the 2� City of Roseville's cost for County Projects. 2� POLICY �BJECTIVE 2: Because this is a street reconstruction project, the City's policy is to assess a portion of the costs as 2� allowed for in State Statute 429. Assuming this project is completed by fa112011, the final 2: assessment amount would be determined following a thorough review of the proposed assessments 2E by the Council at an assessment hearing in the fall of 2012. These assessments can either be paid 2� up front in the fall of 2012, or be put against taxes payable in 2013 for 15 years at around 7% (rate 2f set at time of hearing). 2s This project has financial implications for the city including the following: 3� 1. Assessments levied in accordance with the City's assessment policy. 3� 2. Use of Municipal State Aid (MSA) dollars to fund the majority of Roseville's portion of 3� the cost for the Rice Street/ TH 36 reconstruction project. - 3. Expenditure of utility fund dollars to pay for the repairs needed to the existing utility Page 1 of 3