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HomeMy WebLinkAbout9A Overlay Accept Plans - Authorize Bids ReportPhone 952.447.9800 / Fax 952.447.4245 / www.cityofpriorlake.com 4646 Dakota Street SE Prior Lake, MN 55372 CITY COUNCIL AGENDA REPORT MEETING DATE: APRIL 10, 2017 AGENDA #: PREPARED BY: 9A JASON WEDEL, INTERIM PUBLIC WORKS DIRECTOR PRESENTED BY: JASON WEDEL AGENDA ITEM: CONSIDER APPROVAL OF A RESOLUTION APPROVING PLANS AND SPECIFICATIONS AND AUTHORIZING ADVERTISEMENT FOR BIDS FOR 2017 OVERLAY PROJECT (ST17-000001) DISCUSSION: Introduction The purpose of this agenda item is to ask the City Council to consider approval of the plans and specifications and to authorize advertisement for bids for the 2017 Overlay Project. History On November 28th, 2016 City Council adopted Resolution 16-147 authorizing staff to prepare a Feasibility Report for the 2017 Overlay Improvement Project which is the first stop in the 429 process. On February 13, 2017, the City Council accepted the feasibility report and scheduled a Public Hearing. The Public Hearing was held on March 13th, 2017. A motion to order the improvement failed on a 3-1 vote. A motion to renew this item for consideration at a future City Council meeting when the full City Council would be present was approved 4-0. This action made it possible to bring this agenda item before the city council for consideration when five members are present. . Current Circumstances The final plans and specifications for the Improvements have been completed. The figure included in the feasibility study shows the proposed improvement areas. Pending approval of the resolution presented, staff has tentatively set the bid date for May 10th, 2017. Once bids are received Council will be asked to award the construction contract. Conclusion At this point the project design is complete and it is appropriate to seek City Council authority to advertise for bids. A copy of the plans is available in the Public Works Department for review. ISSUES: Assessments This will be the first pavement overlay project that will be completed under the revised City Assessment Policy. Since this is a new city policy it is expected to be used every year in the future unless amended by city council vote sometime in the future. The City Council approved amendments to the Assessment Policy so that street reclamation and 2 street overlay projects would be assessed at their regular meeting on May 23, 2016. It was concluded by the City Council that the use of assessments for reclamation and overlay projects was appropriate and provides a funding source that reduces the overall tax levy by distributing a portion of the costs to the benefitting property owners. Per the Assessment Policy, the assessment rate in 2017 for street overlay projects is $1,200 for single family and $960 for multifamily (0.8 x $1,200). Commercial and industrial parcels are assessed based on their Residential Equivalent Density (RED). The assessment rate will be adjusted annually with an escalator based on the Construction Cost Index (CCI). The assessment period is over 5-years. Based on the age of the City’s existing streets, the City is entering a time period where more streets are in need of timely mill and overlay projects to extend their useful lives at a cost less than waiting until the street is in need of complete reconstruction. The previous method of funding these projects put pressure on the tax levy. Moreover, it was not equitable to other properties which were assessed for reconstruction when properties receiving overlays also specially benefit and should share in the cost as well. Utilizing special assessments brings greater equity to the City’s funding of transportation improvements. FINANCIAL IMPACT: The 2017 adopted Budget included the issuance of $300,000 in Revolving Fund Bonds to partially finance the 2017 overlay project. Based on the scope of the project, the bond amount will need to be increased slightly. The remainder of the cost will be paid by the tax levy. Repayment of the bonds will be provided by Special Assessments. The funding source and the corresponding estimated amounts are shown below: Ad Valorem $166,643 Assessments $350,357 Total $517,000 No other funding sources are currently available to assist with this project. It is important to note that if the City Council does not support the proposed special assessment for this project under any circumstances, the project should be voted down now. If the council moves forward with the project now and then after it is completed reduces or eliminates the assessments for this project at the assessment hearing, the only alternative would be to increase the general tax levy or draw from the reserve to cover the project budget shortfall. ALTERNATIVES: 1. Approve a Resolution Ordering the 2017 Overlay Project, City Project #STR17-000001 as proposed or with amendments. 3 2. Deny this item for a specific reason and provide staff with direction. 3. Table this item until some date in the future. RECOMMENDED MOTION: A motion and a second for approval of Alternative #1. Approval of this agenda item requires a 4/5ths vote. 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 17-___ A RESOLUTION APPROVING THE PLANS AND SPECIFICATIONS AND AUTHORIZING THE ADVERTISEMENT FOR BIDS FOR THE 2017 OVERLAY PROJECT (STR17-000001) Motion By: Second By: WHEREAS, Pursuant to Agenda Item 8E, adopted on April 10, 2017, the Interim Public Works Director has prepared plans and specifications for the 2017 Overlay Project. NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA as follows: 1. The recitals set forth above are incorporated herein. 2. The plans and specifications, a copy of which is attached hereto and incorporated by reference herein, are hereby approved. 3. The City Manager shall prepare and cause to be inserted in the official newspaper of the City and on Quest CDN an advertisement for bids for the making of the improvement pursuant to the attached plans and specifications. The advertisement shall be published no less than 21 days prior to the bid opening, shall state that the bids will be received by the City Manager until May 10, 2017 at 10:00 a.m. at which time the bids will be publicly opened at the Maintenance Center at 17073 Adelmann St SE by the Interim Public Works Director, will then be tabulated and will be considered by the Council at the regular May 22, 2017, City Council meeting. No bids will be considered unless sealed and filed with the City Manager and accompanied by a cash deposit, cashier’s check, bid bond, or certified check payable to the City of Prior Lake in the amount of five (5) percent of the amount of such bid. 4. The City reserves the right to reject any and all bids for any reason as determined soley by the City Council. Passed and adopted by the Prior Lake City Council this 10th day of April, 2017 VOTE Briggs McGuire Thompson Braid Burkart Aye ☐ ☐ ☐ ☐ ☐ Nay ☐ ☐ ☐ ☐ ☐ Abstain ☐ ☐ ☐ ☐ ☐ Absent ☐ ☐ ☐ ☐ ☐ ______________________________ Frank Boyles, City Manager