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6.B. Certify Assessments for the 2015 Street Reconstruction Project No. 2015-1, Res. No. 7631
Public Hearings 6. B. S!-.r\Ko1'FF TO: Mayor and City Council FROM: Jeff Weyandt, Assistant City Engineer DATE: 11/17/2015 SUBJECT: Certify Assessments for the 2015 Street Reconstruction Project No. 2015-1, Res. No. 7631 (E) Action Sought Adopt Resolution No. 7631, a resolution which adopts the assessment for the 2015 Street Reconstruction Project, Project No. 2015-1. Background On March 3, 2015, City Council adopted Resolution No. 7555, approving the plans and specifications and ordering the advertisement for bids for the 2015 Street Reconstruction, Project No. 2015-1. On April 21, 2015, City Council adopted Resolution No. 7566, a resolution which accepts the bids and awards the contract for the 2015 Street Reconstruction Project. On October 20, 2015, City Council adopted Resolution No. 7621, a resolution declaring the costs to be assessed, ordering the preparation of proposed assessments and setting a public hearing date for the 2015 Street Reconstruction, Project No. 2015-1 for November 17, 2015. Recommendation Staff recommends adopting Resolution No. 7631 which adopts assessments for the 2015 Street Reconstruction Project. Budget Impact This project has essentially been completed and all project costs identified. The final project cost is $2,329,084.86, which consists of construction costs, financing costs and engineering/administration costs. A breakdown of the project costs are as follows: DESCRIPTION AMOUNT Assessments $387,772.55 CIF $914,651.86 Sanitary Sewer Fund $337,120.26 Storm Sewer Fund $130,561.96 Shakopee Public Utilities $558,978.23 TOTAL PROJECT COSTS $2,329,084.86 City policy is to assess 30% of the street improvements to the benefiting properties. Properties will be assessed upon a per lot basis. The proposed assessment rate is $4,147.30 per lot. Attached to this memo is a map of the project area and the assessment roll for Council consideration and adoption. A presentation of the final costs and assessments will be made at the Council meeting. Relationship to Vision This supports Goal E: Deliver effective and efficient public services by a staff of well-trained, caring and professional employees. Requested Action Adopt Resolution No. 7631, a resolution which adopts the assessment for the 2015 Street Reconstruction Project, Project No. 2015-1. Attachments: Location Map Final Assessment Roll Res.No 7631 1110 11111111111111111111111M IIIIII — --- 1p I-- LEVE-E- DR o 4 )- 1111r; AVE a G: C\ID 0 0 ...- z Q 4 BROOK,c: :1''`}N 011! oce t `� ISO o c 2ND 001 ual.--------)t-----0, 00 \______-\ 00\----=3 RQ AD w 3RD e CO 4TN 115r____ ,n MI 00° n \—_J v---- PROPOSED 1111C011, plIP IMPROVEMENTS - J4. 0313 Wi IIIIIII 00 61h V-----i \---1 \ 1 f 1 60 0 Vli III Ul 1111 I n RID 0 Exrk ' lir ec . I- H U) ~jl ( Q U7 LIJ CL L n (� U w Q O < I- 0 in z O w w Y z< X D o O w J wI d O I— D 0 w 0 0- < Q z Q C) Q (I) Q (n Q LL I J (n (n 2 0 TH AVE 10TH AVE 1- _ z w Q t ' D !TT y 2 r THOMAS AVE 1 11TH AVE ) ' 0 ST S - w HENNES AVE > k Lu �Go MEN KE � H 4. CIR MENKE z 1CT (- . 7 W (� � G Lu TIND AVi w L J\" ��s J \, �.( �. 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O.W r C) O.cu L (0 C O Z t� y N N C n N N C Q 0 F, 4 0 0 3m oLir c co 30, Fw > w > Z -j H H 0 SS co W F w _1 Y u W c a O O (0 O co c0 > Q G O 0 w O p > _ c4 U 11.1 O O p a 0 .-F1 .0 q+S O W �" a) N 0 0 U CO w Z V] G CO 0 CO CO (n Q J O ,24 Q ~ E 2 k n W ,n o Cr) a N 0) Cl) 0) 0) LU m 0) N Q Ln IM LMn C1 In U) En in Lco M Q I)) U) LM H Ln Ln Ln F- Ln Ln Ln w co In I- Ln Z Z in Z in Z Z Z w Z U) Z CY H E Z Y 2 H Z w Z w Z a 2 I- I W w w LU w Q w w w w w w w O w w W 0 a - a 2 a a s a I-1-1 Q O a Q < Q Q Q a Z O LO o N o 2 O CO O CO 0 i o I o in Q LO Q in Q N Q in Q LO Q < Ln Q co I cr I N 2 O 2 M 2 M 2 M 2 (0 2 0 Ln N N to U) co U) 1O Ln c0 U) in (n co Ln Q K Z Lu w a CX • j E 0 Q Z < w _J Y k in m J O Lu 0) 0) °6 rn 0) 0) o) D a, 2 o a _ on W M z M M M r� w ce h') 0 M Ln a Ln N LLnn 2 LLU Ln - in Lr0 in Ln r)) III) V)Lir) > L10 0 cn O J z 0 Z a 10 z ^ (A z 0 z Z w a Z CC U) Z a a H I F- I O Y I Z I Z w I z w z a O� z Q 2 = Y W U w LU Q W ce Y W Q w LI Q w W OY Q W CL Y LU W Q 0 Lu 0 Q 0 LU H 0 1 Q 0 M Q O z Q 0 2 0 O Q 0 0 Z ) 0 (0 WOO Y COY Ln Y Ln Y D O 2 a �r 2 0 N 2 0 O 2 O cn 2 O M 2 m N S J c0 2 0 C U) CO N U) 0) (0 U) > CO U) CO CO U) cC t0 Ln Ln ,-I U) LL co U) O OO 4 0) O 4 O N O O h O) O) O O O O O O 0 O co c0 CO (0 (.0 (0 a M O) o) O O O O O O co co 0) O) O) 0) O) N- N- N- N- N- N- L` N.- NJ N N N N N N N N RESOLUTION NO. 7631 A Resolution Adopting Assessments For The 2015 Street Reconstruction Project No. 2015-1 WHEREAS, pursuant to proper notice duly given as required by law, the City Council of the City of Shakopee met and heard and passed upon all objections to the proposed assessments of: Properties adjacent to 7th Avenue from St. Marks Road to Apgar Street, Shumway Street from 6th Avenue to 10th Avenue, Market Street from 7th Avenue to 11th Avenue and St. Marks Road. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHAKOPEE,NIINNESOTA: 1. That such proposed assessment together with any amendments thereof, a copy of which is attached hereto and made a part hereof, is hereby accepted and shall constitute the special assessment against the lands named herein and each tract therein included is hereby found to be benefitted by the proposed improvements in the amount of the assessments levied against it. 2. Such assessments shall be payable over a period of ten years, the first installment to be payable on or before the first Monday in January, 2016, and shall bear interest at the rate of 5.00 percent per annum from the date of the adoption of this assessment resolution. To the first installment shall be added the interest on the entire assessment from the date of this resolution until December 31, 2016 and to each subsequent installment when due shall be added the interest for one year on all unpaid installments. 3. The owner of any property so assessed may, at any time prior to certification of the assessment to the County Auditor, pay the whole of the assessment on such property, with interest accrued to the date of payment,to the City Treasurer, except that no interest shall be charged if the entire assessment is paid within thirty(30)days from the adoption of this resolution;the owner may thereafter pay to the County Treasurer the installment and interest in process of collection on the current tax list, and may pay the remaining principal balance of the assessment to the City Treasurer. 4. The Clerk shall file the assessment rolls pertaining to this assessment in her office and shall certify annually to the County Auditor on or before November 30th of each year the total amount of installments and interest on assessments on each parcel of land which are to become due in the following year. Adopted in session of the City Council of the City of Shakopee,Minnesota, held this day of , 2015. Mayor of the City of Shakopee ATTEST: City Clerk ENGR/2015-PROJECTS/2015-STREET-RECONSTRUCTION/WORD/RES7631-ADOPT-AS SESSMMENTS