ADMINISTRATION - Jean M. Keely, City Engineer
Title
DECLARE COST TO BE ASSESSED, ORDER PREPARATION AND CALL FOR HEARING ON PROPOSED ASSESSMENT FOR RECONSTRUCTION OF HASTINGS STREET, IMPROVEMENT PROJECT NO. 15-22
Background
Improvement Project No. 15-22 installed concrete curb and gutter, storm sewer improvements, asphalt surface, traffic control signage, replacement of existing water main and appurtenant construction. The total cost of the project is as follows:
|
Construction Costs…………………. |
$644,732.93 |
|
Engineering Costs………………… |
$105,671.60 |
|
Interest……………………………... |
$ 20,630.68 |
|
Administration, Assessing, Other…... |
$ 51,932.26 |
|
Total………………………………… |
$822,967.47 |
The total project cost indicated in the Feasibility Report was $1,091,475.
The Assessment Roll has been prepared consistent with the Feasibility Report.
Of the total cost, the amount to be assessed is $148,260.96. The Public Utility Fund will contribute $271,137.91 for water and sewer improvements. Pavement Management Program Fund (PMP) will contribute $403,568.60.
Recommendation
By motion, adopt the resolution.
Body
WHEREAS, a contract was entered into for installation of concrete curb and gutter, storm sewer improvements, asphalt surface, traffic control signage, replacement of existing water main and appurtenant construction in the following described area:
Hastings Street, beginning at 85th Avenue and terminating at the cul-de-sac just south of Highway 10
AND WHEREAS, the construction cost for such improvement is $644,732.93 and the expenses incurred in the making of said improvements amount to be $178,234.54 making the total cost $822,967.47.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Blaine as follows:
1. The total cost of such improvement is hereby declared to be $822,967.47.
2. The amount to be assessed is hereby declared to be $148,260.96. The Public Utility Fund will contribute $271,137.91. The Pavement Management Program Fund (PMP) contribution is $403,568.60.
3. Assessments shall be payable in annual installments extending over a period of ten (10) years, the first of the installments to be payable on or before the first Monday in January 2019, and shall bear interest at the rate of four and five tenths percent (4.5%) per annum from the date of the adoption of the assessment resolution.
4. The City Manager shall forthwith calculate the proper amount to be specially assessed for such improvement against every assessable lot, piece, or parcel of land within the district affected without regard to cash valuation, as provided by law, and he shall file a copy of such proposed assessment in his office for public inspection.
5. The City Manager has notified the City Council that such proposed assessment has been completed and filed in his office for public inspection.
6. A hearing shall be held on the 21st day of June, 2018, in the Council Chambers at the Blaine City Hall at 7:30 PM, or as near that time as possible, to pass upon the proposed assessment at such time and place all persons owning property affected by such improvement will be given an opportunity to be heard with reference to such assessment.
7. The City Manager shall give published and mailed notice of such hearing as required by law.
PASSED by the City Council of the City of Blaine this 17th day of May, 2018.