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HomeMy WebLinkAbout1B Infrastructure Benefit Study CC WorkshopInfrastructure Benefit Study CITY OF PRIOR LAKE Allocation Update -Projects under Consideration -Allocation Process Refresher -Allocation Example -Allocation Outcomes -Questions Future Projects Project Number Location 1 CH 21 / Revere Way 2 Hwy 282 / CH 17 3 CH 12 / CH 17 4 CH 82 / CH 17 5 CH 42 / O'Loughlin Prop. 6 CH 21 / North Berens Rd. 7 CH 21 / Fountain Hills Dr. 8 CH 42 / Pike Lake Trl. 9 CH 42 / Meadowlawn Trl. 10 CH 18 / 138th St. 11 CH 42 / Crownline-Aspen 12 CH 21 / Carriage Hills Pkwy. 13 Hwy 13 / Franklin-Anna 14 In Annexation Area 15 In Annexation Area 16 In Annexation Area 17 In Annexation Area 18 In Annexation Area 19 In Annexation Area 20 In Annexation Area 21 E-W. North of Annexation Area 22 N-S Segment in Annexation Area 23 E-W Segment in Annexation Area Allocation Process Infrastructure Cost Allocation Proportion Developable Parcels Parcel Proportion Infrastructure Cost Allocation Proportion Developable Acreage Parcel Proportion Infrastructure Cost Infrastructure Cost Allocation Proportion Developable Acreage Parcel Proportion Allocation Proportion Future Roadway Network Population and Employment Forecasts 2040 Land Use Plan 2040 Land Use Infrastructure Cost Allocation Proportion Developable Parcels Parcel Proportion Developable Parcels •370 total developable parcels were identified by city staff •Wetlands were removed from parcels to determine developable acreage •Developable parcels near projects will be allocated infrastructure costs Project Benefit Area •This is an example of the benefitting parcels for Project 5 •Developable parcels near each project were determined based on: •Proximity •Potential travel patterns •Roadway network configuration Infrastructure Cost Allocation Proportion Developable Acreage Parcel Proportion Allocation Formula Developable Land Proportion Parcel Developable Acreage / TAZ Developable Acreage TAZ Proportion TAZ Forecasted Use / Total Project Use Parcel ProportionX=Formula: Variable Calculation: Parcel Proportions Allocation Outcomes Questions