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HomeMy WebLinkAbout12 04 2017 Duluth and TH 13 PresentationDuluth Avenue/Trunk Highway 13 Intersection Improvement Project December 4, 2017 EXISTING CONDITIONS Purpose: ➢Provide a safe intersection for all motorists and pedestrians ➢Improve traffic flow and reduce delay ➢Maintain access to local businesses ➢Minimize impacts to adjacent properties ➢Complete improvements prior to TH13 reconstruction in 2019 EXISTING CONDITIONS CURRENT STATUS ➢Feasibility Report complete and accepted by City Council on January 26, 2015 ➢Design for original improvements (not including mini roundabout) were completed in 2015 ➢Appraisals for original project completed in 2015 ➢Project delayed due to tax levy impacts ➢Applied for and received $294,100 in Cooperative Agreement funding in 2017 ➢Requested additional funding from MnDOT to facilitate construction in 2018 and have received verbal confirmation for minimum of $710,000 and up to $866,160. CURRENT PLANS FUNDING Funding:August 2017 December 2017 Special Assessments $ 266,000 $ 0 Tax Levy $1,064,000 $ 970,000 MSAS (State Aid)$ 400,000 $ 400,000 MnDOT $ 350,000 $ 710,000 Total $2,080,000 $2,080,000 Issues: 1. Need to confirm MnDOT contribution. Could range from $710,000 to $866,160. 2. Special assessments need to be 20% of City portion of project cost for GO Improvement Bonds which would be $162,768 to $194,000 depending on MnDOT funding. FUNDING OPTIONS Assessments (429): ➢Update feasibility report ➢Order public hearing ➢Hold public hearing ➢Order improvements ➢Assessment hearing No Assessments (475): ➢Update 5-year Street Reconstruction Plan ➢Public hearing ➢Wait 30 days (subject to reverse referendum) ➢Order improvements NEXT STEPS ➢Update 2015 construction documents ➢Add design for mini roundabout ➢Confirm property impacts ➢Update title work and appraisals ➢Meet with property owners ➢Negotiate right-of-way acquisition ➢Finalize construction documents ➢Hold public hearing (475 process) ➢Wait 30 days for reverse referendum ➢Order project ➢Bid ➢Construction QUESTIONS?