Adopt Resolution #22-056 Approving Assessment Agreements for Improvement Project #20-05, Riverdale Drive Extension, Llama Street to Bowers Drive

Purpose
The purpose of this case is to adopt Resolution #22-056 approving Assessment Agreements for Improvement Project #20-05, Riverdale Drive Extension, Llama Street to Bowers Drive.
 
Background:
Improvement Project #20-05 proposes to extend Riverdale Drive between Llama Street and Bowers Drive to extend the frontage road system south of U.S. Highway 10/169 from Llama Street to Bowers Drive.  This project is consistent with the goals and objectives of the Highway 10 Access Planning Study completed in 2014 in partnership between the Minnesota Department of Transportation (MnDOT) and the Anoka County Highway Department, and broadly supported by partnering agencies including the City of Anoka, City of Ramsey, Anoka County, MnDOT, and the Metropolitan Council.
 
Extending Riverdale Drive between Llama Street and Bowers Drive will benefit abutting undeveloped properties by providing access and utilities to serve these properties upon development.
 
Pursuant to Resolution #21-185 adopted October 26, 2021, the City Council approved the cost share framework assigning costs for the Riverdale Drive extension to benefiting properties, including costs to be assessed against abutting properties.
 
City Staff prepared three draft Assessment Agreements, which were preliminarily reviewed and approved as to form by the City Attorney.  The three draft Assessment Agreements are currently being reviewed by the owners of the three benefiting properties, as well as by their attorneys. Copies of the three draft Assessment Agreements are attached to this case.  
 
Ramsey City Council Resolution #22-008 adopted January 25, 2021, conditioned City Council approval of the Development Agreement for Riverstone South on the execution of the Pearson’s Assessment Agreements for Riverdale Drive and that they be recorded concurrently with the Development Agreement and/or Riverstone South Final Plat.
 
Since the three Assessment Agreements are still being reviewed by the Pearson ownership entities and their attorneys and are anticipated to be signed and returned to the City for execution by March 14, 2022, and since the Riverstone South developer wishes to record their Development Agreement and Final Plat on February 25, 2022 to allow tree clearing to commence during the first week of March to help prevent Oak wilt, Staff recommends awarding a construction contract for Improvement Project #22-05 to the lowest responsible bidder with the condition that the three Assessment Agreements be executed in advance upon receiving City Attorney final approval as to legal form, which will sufficiently limit any risk to the City.  

Notifications are not required for this case.   

Alternative #1 – Adopt Resolution #22-056 approving Assessment Agreements for Improvement Project #20-05, Riverdale Drive Extension, Llama Street to Bowers Drive.    

The total assessment apportioned between the three assessment agreements is $465,639 per the approved cost-share framework included as Exhibit C in the Assessment Agreements.     
 

Staff recommends approving Alternative #1.   
 

Adopt Resolution #22-056 approving Assessment Agreements for Improvement Project #20-05, Riverdale Drive Extension, Llama Street to Bowers Drive.