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Home My WebLink About7A Rolling Oaks Public Hearing PresentationRolling Oaks Circle Improvement Project Informational Meeting JULY 24, 2017 Summary of Feasibility Report Costs increased by 12% Cost saving measures reviewed (savings of $59,072) –Alternative Road Section –Cul-de-sac –Seeding restoration Funding Options –Assessment of $26,900 Schedule Update of Q & A handout Assessment Review Work Group Met on June 5, 2017 Concerned about the burden of a high assessment to property owners Recommended to proceed now with a project to leverage other funding opportunities Recommended additional funding from developer and other funding sources Felt that the assessment should be held to 2014 rates $26,900 using the connection charge option Recommend option for hook up charges to be assessed with assessment waiver Rolling Oaks Funding Item Original Feasibility Report 2014 Connection Charge Option (Rounded) City Project Now- Connection Charge Option (2017 Pricing) Street and Storm Sewer Assessment $25,759 $27,000 $26,900 Sanitary Sewer Assessment $6,383 $0 $0 Watermain Assessment $5,652 $0 $0 Street and Storm Sewer Assessable Units 22 10 10 Sanitary and Water Assessable Units 21 0 0 Total Utilities Assessment $12,035 $0 $0 Total Assessment $37,794 $27,000 $26,900 Ad Valorem Tax Levy $0 $0 $0 Water Quality Fund $25,000 $100,000 $112,000 Current Assessments $819,431 $270,000 $269,000 Street Oversize Fund $60,000 $60,000 $67,200 Trunk Fund $8,000 $200,000 $200,000 Estimated Grant Contribution (50% Match Sanitary Sewer)$60,000 $0 Developer Contribution $110,000 $123,200 Deferral (Assessment) Developer Paid Deferred Assessments $90,000 $191,601 Cost Saving Measures ($30,000)($59,072) Total $912,431 $890,000 $963,001 Assessment Rates and Term Assessment 10 Year Period Hook up Fees 5 Year Period (Optional) Assessment Rate approximately 4% Deferrals of Assessment –Income Qualifications –Age or Disability Qualifications –Contact Finance Department for Eligibility More details will Emerge During Public Hearing and Assessment Hearing Meetings and Mailings Estimated Cost To Homeowners Assessment Type Streets & Utilities Estimated Assessment Amount $26,900 Hookup Fees: MCES SAC = $2,485 City Sewer Connect = $726 City Water Connect = $1,095 Water Meter = $732 Water Tower Fee = $1,400 Sewer/Water Inspection = $111 $6,549 Estimated Private Hookup Costs $5,000 -$10,000 Estimated Total Cost to Homeowner $38,449 –$43,449 Sample Payment Schedule Costs Per Year 2017 $0 2018 $10,776-$15,776 2019 $5,251 2020 $5,081 2021 $4,911 2022 $4,741 2023 $3,261 2024 $3,147 2025 $3,032 2026 $2,919 2027 $2,804 Connection Can be delayed with compliant septic system then $5,776 Future Lots •Plat or Subdivision Process •Contact Community Development Department at 952-447-9810 •Charged Connection Charge •2017 Rate = $18,000 / Unit •Charged Acreage Charges = $20,000 / Acre •Park Dedication = $3,750 / Unit •Application Fees Public Improvement Process Preliminary Project Schedule ACTIVITY DATE Authorize Feasibility Study May 22, 2017 Accept Feasibility Study/Schedule Public Hearing/Order Plans and Spec June 12, 2017 Informational Meeting July 12, 2017 Conduct Public Hearing/Accept Plans & Specs/Order Project/Authorize Advertisement for Bids July 24, 2017 Accept Bids/Award Contract/Authorize Assessment Amount September 5, 2017 Assessment Hearing October 2, 2017 Construction Begins September 11, 2017 Utilities Complete October 10, 2017 Road Construction Complete November 20, 2017 Complete Final Course of Bituminous Pavement July 2018 * Notices will be sent out when meeting dates are confirmed. Project Objectives •Eliminate Gravel Roadway •Eliminate Erosion Issues to Protect Ponds and Wetlands •Eliminate Wells and Septic Systems •Provide Municipal City Sewer and Water (A Primary Purpose of City Governance) •Orderly Extension of Sewer and Water for the most efficient infrastructure system Project Area •Rolling Oaks Circle •10 Existing Residential Properties Existing Conditions •Gravel roadway •Roadway length is approximately 1300’ with dead end cul-de-sac •Street width 27’ •Erosion of roadway during rain events •Wetlands and ponds near road •Properties served by septic systems and wells •One property currently served by City sewer and water Street Improvements •Built with concrete curb & gutter •28 foot wide street •20 foot wide one-way loop at cul-de-sac •Street lights •Overhead Power Alternative Design for Cul–De-Sac •Savings of $7,347 •Extension of Driveways Sanitary Sewer Improvements •Install 8” PVC sanitary sewer mainline •Install service stubs to right-of-way •Install stubs for potential future lots Watermain Improvements •Install 8” PVC Pipe •Install hydrants •Install water services to right-of-way •Install stubs for future subdivision Storm Sewer Improvements •Install additional storm sewer and structures •Construct Storm water pond •Pond construction will require acquisition of property Why City Project Now? Most Creative and Most Cost Effective for Property Owners –Leverages Development Contribution ($581K) –Use of Trunk Funds –Defers Future Lots Gets Everything Done –Eliminates Septic and Well in Area –Removes Gravel Roadway –Corrects Drainage Issues Process Tonight Open the Public Hearing Receive Public Comments or Questions Answer Questions Close Public Hearing and Vote on Ordering the Project –Ordering the Project Requires Supermajority of at Least 4 Votes Questions/Comments Rolling Oaks Funding Item Original Feasibility Report 2014 Connection Charge Option (Rounded) City Project Now- Connection Charge Option (2017 Pricing) City Project Later Standard Project (2017 Pricing) Street and Storm Sewer Assessment $25,759 $27,000 $26,900 $24,661 Sanitary Sewer Assessment $6,383 $0 $0 $5,272 Watermain Assessment $5,652 $0 $0 $4,151 Street and Storm Sewer Assessable Units 22 10 10 20 Sanitary and Water Assessable Units 21 0 0 19 Total Utilities Assessment $12,035 $0 $0 $9,423 Total Assessment $37,794 $27,000 $26,900 $34,084 Ad Valorem Tax Levy $0 $0 $0 $0 Water Quality Fund $25,000 $100,000 $112,000 $112,000 Current Assessments $819,431 $270,000 $269,000 $672,263 Street Oversize Fund $60,000 $60,000 $67,200 $67,200 Trunk Fund $8,000 $200,000 $200,000 $0 Estimated Grant Contribution (50% Match Sanitary Sewer)$60,000 $0 $0 Developer Contribution $110,000 $123,200 $111,538 Deferral (Assessment) Developer Paid Deferred Assessments $90,000 $191,601 $0 Cost Saving Measures ($30,000)($59,072)($59,072) Total $912,431 $890,000 $963,001 $963,001 Assessment Map