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Home My WebLink About7B Duluth Adopt Assessment Report 4646 Dakota Street SE Prior Lake, MN 55372 CITY COUNCIL AGENDA REPORT MEETING DATE: OCTOBER 7, 2019 AGENDA #: 7B PREPARED BY: NICK MONSERUD, ASSISTANT CITY ENGINEER PRESENTED BY: NICK MONSERUD AGENDA ITEM: PUBLIC HEARING TO CONSIDER APPROVAL OF A RESOLUTION ADOPT- ING THE ASSESSMENT ROLL FOR THE DULUTH AVENUE INTERSECTION IMPROVEMENT PROJECT (CITY PROJECT #TRN15-000003) GOAL AREA AND OBJECTIVE: Transportation & Mobility 1. Maintain quality local street system based on a financially stable plan that meets Overall Condition targets. 2. Support complete street designs that ensure pedestrian mobility and multi- modal transportation options. DISCUSSION: Introduction This agenda item is necessary to adopt the assessment roll for the Duluth Ave- nue Intersection Improvement Project. History A feasibility report was originally prepared for the Duluth Avenue Intersection Im- provement project in January 2015. The feasibility report was accepted, and the preparation of plans and specifications was authorized by the City Council on January 26, 2015. However, due to projected tax levy impacts and bidding, con- struction of the project was delayed. The feasibility report was updated in 2018 to include special assessments to adjacent benefitting properties. The updated feasibility report was approved by the City Council on February 5, 2018. The M.S. Chapter 429 process applies to all projects that will be financed in whole or part through special assessments. The proposed amount of assess- ments is less than 20% of the estimated improvement costs, so the City is utiliz- ing Street Reconstruction bonds as outlined in State Statute 475 rather than General Obligation bonds. However, the assessment process will continue to follow the 429 process. The Duluth Avenue Intersection Improvement Project includes widening the in- tersection to include dedicated left, thru, and right turn lanes on Duluth Avenue in both directions at the intersection with TH13. It also includes the addition of a right turn lane into the Holiday Station Store’s northerly entrance, the construction of a median on Duluth Avenue to restrict access to the entrance for the Village Lake Mall to right-in/right-out near the intersection, the construction of a mini- roundabout at the intersection of Duluth and Village Lake Drive, as well as modi- fications to several of the southerly entrances to the Village Lake Mall property and the realignment of the Toronto/Village Lake Drive intersection. 2 Current Circumstances The project is substantially complete. Punchlist items remain. ISSUES: The Assessment Review Committee has reviewed and agrees with the assess- ment map, assessment rate, and method of assessment. The area method for the assessment is used due to the various property sizes within the project area. The estimated assessment rate per the Feasibility Report and limited appraisal completed for the project is proposed at $11,495.19/acre. FINANCIAL IMPACT: The Duluth Avenue Intersection Improvement Project has been proposed to be financed by a combination of funding sources as shown below: Special Assessments $ 163,025.00 Tax Levy $ 1,050,360.00 MSAS (State Aid) $ 869,429.07 MnDOT $ 710,000.00 Total $ 2,792,814.07 Total Special Assessments $163,025 Area to be Assessed 14.18 acres Assessment Rate $11,495.19 per acre ALTERNATIVES: 1. Conduct a public hearing and if no new substantive information is offered, approve a resolution adopting the assessment roll as submitted for the Duluth Avenue Intersection Improvement Project (TRN15-000003). 2. Deny this item for a specific reason and provide staff with direction. RECOMMENDED MOTION: Motion and second for approval of alternative #1. 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 19-115 A RESOLUTION ADOPTING ASSESSMENTS FOR THE DULUTH AVENUE INTERSECTION IMPROVEMENT PROJECT #TRN15-000003 Motion By: Second By: WHEREAS, Pursuant to proper notice duly given as required by law, the Council has met and heard and passed upon all objections to the proposed assessments for the Duluth Avenue Intersection Improvement Project, Project #TRN15-000003. 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 proposed assessment for the Duluth Avenue Intersection Improvement Project, City Project #TRN15-000003, a copy of which is attached hereto and made part hereof, is hereby accepted and shall constitute the special assessment against the lands named therein, and each tract of land therein included is hereby found to be benefitted by the proposed improvement in the amoun t of the assessment levied against it. 3. The portion of the cost of such improvements to be paid by the City is hereby declared to be $2,792,814, and the portion of the cost to be assessed against benefited property owners is declared to be $163,025. 4. Assessments shall be payable on an equal principal installment method extending over a period of 10 years for street improvements. The first installment shall be the annual principal plus interest calculated from the public hearing date to the end of this year p lus twelve months of the next year and shall bear interest at the rate of 4.04% per annum from the date of the adoption of the assessment resolution. 5. The owner of any property so assessed may, at any time prior to certification of the assessment to the County Auditor, pay the whole of the assessment on such property, with interest accrued to the date of payment, to the City Finance Director, except that no interest will be charged if the entire assessment is paid within 30 days from the adoption of the assessment. The owner may, at any time thereafter, pay to the City Finance Director the entire amount of the assessment remaining unpaid, with interest accrued to December 31 of the year in which such payment is made. Such payment must be made before November 7 or interest will be charged through December 31 of the succeeding year. 6. The Finance Director shall forthwith transit a certified duplicate of this assessment to the County Auditor to be extended on the property tax lists of Scott County. Such assess ments shall be collected and paid to the City in the same manner as other municipal taxes. PASSED AND ADOPTED THIS 7th DAY OF OCTOBER 2019. VOTE Briggs Thompson Burkart Braid Erickson Aye ☐ ☐ ☐ ☐ ☐ Nay ☐ ☐ ☐ ☐ ☐ Abstain ☐ ☐ ☐ ☐ ☐ Absent ☐ ☐ ☐ ☐ ☐ 2 ______________________________ Lori Olson, Interim City Manager PRELIMINARY ASSESSMENT ROLLDuluth/TH13 Improvement ProjectConstruction Method:Full Street ReconstructionTotal Assessable Acres:14.18207No. Legal Description Parcel Address PID Property Owner Property Owner AddressParcel Area (Acres)Area Assessment Amount ($/Acre)Total AssessmentsNotes1SubdivisionName BUSSE 1ST ADDN Lot 001 Block 001 SubdivisionCd 2528516711 DULUTH AVE SE 252850010 DAVANN INC 5652 MOUNT CURVE BLVD SE PRIOR LAKE MN 55372 0.45918 11,495.19$ 5,278.36$ Subway2SubdivisionName BROOKSVILLE CENTER 2ND ADDN Lot 001 Block 002 SubdivisionCd 2517716800 DULUTH AVE SE 251770041 HOLIDAY STATIONSTORE INC PO BOX 1224 MINNEAPOLIS MN 55440 0.71383 11,495.19$ 8,205.61$ Holiday3SubdivisionName BROOKSVILLE CENTER 2ND ADDN Lot 001 Block 002 SubdivisionCd 2517716800 DULUTH AVE SE 251770040 HOLIDAY STATIONSTORES INC PO BOX 1224 MINNEAPOLIS MN 55440 0.51496 11,495.19$ 5,919.56$ Holiday4SubdivisionName BROOKSVILLE CENTER 2ND ADDN Lot 002 Block 002 SubdivisionCd 2517716820 DULUTH AVE SE 258010440 BJ CARLSON PROPERTIES LLC 2280 185 ST E JORDAN MN 55352 1.3614 11,495.19$ 15,649.55$ Ace Hardware5SubdivisionName SOUTH LAKE VILLAGE Lot 001 Block 001 SubdivisionCd 2547016731 HIGHWAY 13 S 254700010 BEALMAKE PARTNERS LLC 3535 VIA FLORES SAN DIEGO CA 92106 5.47648 11,495.19$ 62,953.18$ Village Lake Mall6SubdivisionName SOUTH LAKE VILLAGE Lot 002 Block 001 SubdivisionCd 2547016691 HIGHWAY 13 S 254700020 BEALMAKE PARTNERS LLC 3535 VIA FLORES SAN DIEGO CA 92106 1.51969 11,495.19$ 17,469.13$ The Pointe7SubdivisionName BROOKSVILLE CENTER 2ND ADDN Lot 001 Block 001 SubdivisionCd 2517716817 DULUTH AVE SE 251770010 WELLS FARGO BANK PO BOX 2609 CARLSBAD CA 92018 0.71486 11,495.19$ 8,217.45$ Wells Fargo8W1/2 SE1/4 & E1/2 SW1/4 COM SE COR OF 1-1 BROOKSVILLE CTR 2ND NW 419.74', NE 25', SE TO NE COR OF 2-1, W 125' TO POB EX P/O LYING S OF LINE COM SE COR BROOKSVILLE CTR 2ND, N 11-28-19 W ALONG E LINE LOT 1 83.60', CURVE NE 99.36' TO W LINE OF ABOVE PARCEL & THERE TERM259020211 WELLS FARGO BANK PO BOX 2609 CARLSBAD CA 92018 0.49024 11,495.19$ 5,635.40$ Wells Fargo9Section 02 Township 114 Range 022 S 200' OF TRACT16783 TORONTO AVE SE 259020480 ALKEN HARM 21215 MALIBU AVE PRIOR LAKE MN 55372 0.32833 11,495.19$ 3,774.22$ Prior Lake Transmission10Section 02 Township 114 Range 022 W1/2 SE1/4 COM 977.13' N & 412.50' W OF SE COR, W 412.5', S 273', E 412.5', N 273' TO POB.16829 TORONTO AVE SE 259020220 FREIER DANNY S 2885 KNOX AVE S #302 MINNEAPOLIS MN 55408 2.6031 11,495.19$ 29,923.13$ Brooksville Apartments163,025.59$ Total