5.11.
CC Regular Session
- Meeting Date:
- 10/25/2022
- By:
- Sean Sullivan, Community Development
Information
Title:
Adopt Resolution #22-241 Authorizing COR Public Infrastructure and Wetland Analysis
Purpose/Background:
The purpose of this case is to consider a recommendation to complete COR infrastructure and wetland analysis.
On January 18, 2022 the Public Works Committee discussed the COR Site improvement and Infrastructure needs and asked staff to obtain cost estimates for the work. The EDA meeting in February 2022 and supported getting more information. Staff has not been able to complete the work in-house so Staff asked Bolton and Menk (they completed the previous COR infrastructure Study) to put together proposals to complete analysis and cost estimates on completing the following items:
The work being proposed is consistent with the mission of the EDA by helping facilitate and to encourage quality development.
On January 18, 2022 the Public Works Committee discussed the COR Site improvement and Infrastructure needs and asked staff to obtain cost estimates for the work. The EDA meeting in February 2022 and supported getting more information. Staff has not been able to complete the work in-house so Staff asked Bolton and Menk (they completed the previous COR infrastructure Study) to put together proposals to complete analysis and cost estimates on completing the following items:
• Ramsey Parkway from Willemite Street to Sunwood Drive (Roundabout)
• Zeolite Street from Sunwood Drive to Bunker Lake Boulevard,
• Zeolite Street from Sunwood Drive to Bunker Lake Boulevard,
• Yolite Street from Sunwood Drive to Ramsey Parkway,
• Center Street Realignment,
• Veterans Drive between Rhinestone Street and Ramsey Boulevard,
• The Waterfront Pond and Park Area,
• Filling of stormwater ponds in the southeast quadrant of the Bunker Lake Boulevard and Armstrong Boulevard intersection and related analysis
• Filling of wetlands in the southeast quadrant of the Bunker Lake Boulevard and Armstrong Boulevard intersection and related analysis.
Bolton and Menk has provided two proposals that cover the work needed to provide feasibility and costs of completing the work. Construction and contracting costs have changed significantly since the last time analysis was done in 2018. During initial investigation it has become apparent that the wetland analysis and delineation need to be completed to determine the feasibility of the wetland and stormwater pond relocation and coordinated excavation of The Waterfront to make Parcel 46 a developable lot by adding fill excavated from the future Waterfront to it. Bolton and Menk has completed the wetland delineation component due to the time of the year and ability to complete the delineation while vegetation is still identifiable. There is additional work and analysis that is included in the attached wetland proposal that is also underway. Many of these items are interrelated and should be coordinated to maximize efficiency to compete the work. Preliminary analysis of the delineated Wetlands indicates that there are four defined wetlands on site but more analysis is needed. Kevin Kielb provided information to the EDA regarding the process to buy wetland credits off-site and that more research was needed to identify the cost and ability to fill them.
Some of the items in the proposals (construction of streets, site improvements, cost of study) could be paid for in full, or in part by TIF District 14 or other TIF Districts that have eligible funds. In order to be able to fund these items out of TIF 14 the work needs to be completed or in process prior to November 2023. Based on this short time period, staff is suggesting that costs are quantified as soon as possible so that the City Council can determine which projects should move forward and how they can be funded most efficiently.
Bolton and Menk has provided two proposals that cover the work needed to provide feasibility and costs of completing the work. Construction and contracting costs have changed significantly since the last time analysis was done in 2018. During initial investigation it has become apparent that the wetland analysis and delineation need to be completed to determine the feasibility of the wetland and stormwater pond relocation and coordinated excavation of The Waterfront to make Parcel 46 a developable lot by adding fill excavated from the future Waterfront to it. Bolton and Menk has completed the wetland delineation component due to the time of the year and ability to complete the delineation while vegetation is still identifiable. There is additional work and analysis that is included in the attached wetland proposal that is also underway. Many of these items are interrelated and should be coordinated to maximize efficiency to compete the work. Preliminary analysis of the delineated Wetlands indicates that there are four defined wetlands on site but more analysis is needed. Kevin Kielb provided information to the EDA regarding the process to buy wetland credits off-site and that more research was needed to identify the cost and ability to fill them.
Some of the items in the proposals (construction of streets, site improvements, cost of study) could be paid for in full, or in part by TIF District 14 or other TIF Districts that have eligible funds. In order to be able to fund these items out of TIF 14 the work needs to be completed or in process prior to November 2023. Based on this short time period, staff is suggesting that costs are quantified as soon as possible so that the City Council can determine which projects should move forward and how they can be funded most efficiently.
The work being proposed is consistent with the mission of the EDA by helping facilitate and to encourage quality development.
Notification:
N/A
Observations/Alternatives:
Financing options for improvements in the COR will become more limited after November 2023. According to the CIP, Zeolite Street is planned to be reconstructed in 2026 and to be funded by TIF District 2 but development pressure for Parcel 46 could likely move the need for reconstruction forward. Some costs, such as the excavation of the Waterfront basin to obtain fill for Parcel 46 is a TIF eligible expense and would need to occur before November 2023 to be included in the TIF 14 budget. Completion of the attached proposals is needed to determine the feasibility of projects and to identify costs so the projects can coordinated and be budgeted efficiently.
Alternatives:
1) Recommendation to City Council to authorize the Wetland and COR Infrastructure proposals utilizing TIF District (2,14) funds.
2) Recommendation to City Council to authorize the Wetland and COR Infrastructure proposals utilizing EDA funds.
3) Something else.
Alternatives:
1) Recommendation to City Council to authorize the Wetland and COR Infrastructure proposals utilizing TIF District (2,14) funds.
2) Recommendation to City Council to authorize the Wetland and COR Infrastructure proposals utilizing EDA funds.
3) Something else.
Funding Source:
To be determined. The proposals being consider by the City Council are TIF eligible expenses. It is likely that different facets of this project would be handled by different funding sources. Potential funding sources include:
- TIF 14, TIF 2
- Sewer and/or Water Fund
- Park Dedication / Trust Fund,
- PIR
- EDA
- Wetland bank
Recommendation:
The EDA met on October 13th and unanimously approved a recommendation to the City Council to authorize the Bolton and Menk Wetland and COR Infrastructure proposals utilizing TIF District (2, 14) funds.
Action:
Motion to Adopt Resolution #22-241 Authorizing COR Public Infrastructure and Wetland Analysis
Attachments
- ACTION - Resolution #22-241
- ACTION - COR Infrastructure Analysis
- ACTION - COR Wetland Analysis
- REFERNCE - Draft EDA Minutes 10-13-22
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Sean Sullivan (Originator) | Sean Sullivan | 10/18/2022 09:45 AM |
| Brian Hagen | Brian Hagen | 10/20/2022 10:04 AM |
- Form Started By:
- Sean Sullivan
- Started On:
- 10/14/2022 09:03 AM
- Final Approval Date:
- 10/20/2022