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AGENDA RECOMMENDATION |
Public Hearings 5.B.
City Council Regular Meeting
- Meeting Date:
- 01/08/2018
Agenda Item:
Project feasibility hearing on Capital Improvement Project 10531; North Fifth Street.
Recommendation/Action(s):
Pass a Resolution declaring adequacy of Petition and order preparation of Report; and
Pass a Resolution receiving the feasibility report, ordering improvement, preparation of plans, specifications and ordering advertisement for bid; and
Pass a Resolution declaring cost to be assessed, and ordering preparation of proposed assessment and set date of assessment hearing on Capital Improvement Project Number 10531; North Fifth Street.
Pass a Resolution receiving the feasibility report, ordering improvement, preparation of plans, specifications and ordering advertisement for bid; and
Pass a Resolution declaring cost to be assessed, and ordering preparation of proposed assessment and set date of assessment hearing on Capital Improvement Project Number 10531; North Fifth Street.
Summary:
On August 30, 2016, a petition was received for the improvement of North Fifth Street from Main Street to Washington Street. St Peter and Paul Church was the primary petitioner. They are also requesting angled parking along their properties between Main Street and Mulberry Street. One hundred percent of the cost for this parking improvement will be paid by St Peter and Paul Church. The petition was signed by 44.4% of the assessable property along the proposed project. This project was scheduled for construction in 2018 in order to accommodate other project priorities in the 2017 Community Investment Program.
On December 20, 2017, letters were sent to 28 properties abutting this project notifying the residents of the January 2, 2018 information meeting where staff presented the proposed plan, estimated costs, and proposed assessments for this project. Attendance for the meeting will be reported at the public hearing.
Staff is recommending the Council consider this improvement per the attached feasibility report and the resultant costs and funding sources are as follows:
On December 20, 2017, letters were sent to 28 properties abutting this project notifying the residents of the January 2, 2018 information meeting where staff presented the proposed plan, estimated costs, and proposed assessments for this project. Attendance for the meeting will be reported at the public hearing.
Staff is recommending the Council consider this improvement per the attached feasibility report and the resultant costs and funding sources are as follows:
| ITEM | COST |
| Street | $453,443.48 |
| Storm Water | $166,505.63 |
| Watermain | $161,818.62 |
| Sanitary Sewer | $201,489.23 |
| Construction Contingency | $98,325.70 |
| TOTAL CONSTRUCTION | $1,081,582.66 |
| Admin/bonding | $64,894.96 |
| Engineering | $108,158.27 |
| TOTAL PROJECT COST | $1,254,635.88 |
| FUNDING SOURCE | AMOUNT | PERCENT |
| Special Assessments | $272,250.00 | 22% |
| G.O. Bonding | $306,343.88 | 24% |
| Water Utility | $206,480.56 | 16% |
| Sewer Utility | $257,100.25 | 20% |
| Storm Utility | $212,461.19 | 17% |
| TOTAL FUNDS | $1,254,635.88 | 100% |
Attachments
- Resolution Receiving Report
- Resolution Declaring Cost
- Petition for Improvement 10531
- Project Feasibilty Report 10531
- Signed Petition for Improvement 10531