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HomeMy WebLinkAbout06.10.98 Special Council Packet CITY OF FARMINGTON Special City Council Meeting Downtown Redevelopment Project City Hall Council Chambers June 10, 1998 - 7:00 p.m. WORKSHOP AGENDA 1. CALL TO ORDER 2. ADOPT AGENDA 3. SCHEDULE SPECIAL JOINT CITY CO CIL/CASTLE ROCK TOWNSHIP MEETING DATE - June 16, 998 at 7:00 p.m. 4. SCHEDULE SPECIAL JOINT CITY CO CIL/PLANNING COMMISSION VISIONING WORKSHO S - July 8 & 9, 1998 5. GENERAL DOWNTOWN REDEVELOP DESCRIPTION 6. SELECTED PROJECT DESIGN OPTION AND COSTS 7. PROJECT FINANCING SOURCES - Gen ral Review 10. PROJECT ACTION PLAN AND IMPRO 8. COUNCIL REVIEW AND DISCUSSION 9. BUSINESS DISTRICT - Questions and Co ents 11. ADJOURNMENT TO: Mayor, C uncilmembers, City Adminis ator~ Lee M. ann, P.E., Director fPublic Works/City Engineer Street Lighting and Sidewalk orkshop FROM: SUBJECT: Downto Project - DATE: June 10, 998 INTRODUCTION A workshop to discuss design options for the Downtown Sidewalk d Street Lighting project has been scheduled in order to provide direction to staff in preparatio of a feasibility report for the above referenced project. DISCUSSION The Downtown Sidewalk and Street Lighting Project has been identi led in the City's five-year CIP and includes sidewalk and street lighting improvements along 0 Street, 3 rd Street and Spruce Street. The project has been split into two projects in the CIP, Oak Street scheduled to be done in 1998 and Spruce and 3rd to be done in 1999. For the purposes of the workshop, the projects are being addressed as one project. As stated previously, the project identified in the CIP includes the r moval and replacement of the sidewalk and street lights in the project area. In addition, cost stimates for tree removal and replacement, additional landscaping and other site amenities are included for Council's consideration. The vast number of options that exist for the materials and design of downtown streetscape is what has prompted staff to request this workshop. When the CIP was pu together, it was assumed that the existing sidewalk would be removed and replaced with re ular, non-decorative concrete sidewalk. As staffheld discussions regarding the project at the point finitiating a feasibility report, it became evident that it was necessary to receive direction fro the Council and input from downtown business owners regarding the options that are to be studie further. The cost estimate for the Base Option includes replacing the s' dewalk with regular concrete sidewalk, installing new street lights and refinishing the existin cobra lights, removing and replacing the trees, and adding some landscaping and site amenitie such as benches and drinking fountains. The options presented deal with the sidewalk treatme t only. The trees, lights and amenities remain the same for all options. The options for the side k presented include: concrete CitlJ. of Farmint}.ton 325 Oak Street -FarminljtonlMN55024 - (612) 4 3.7111-Fax (612) 463.2591 with a pattern, concrete with colored concrete, colored concrete, olored concrete with pavers, concrete with pavers, and pavers. Ms. Chris Behringer with Bon stroo and Associates will be present with examples of various options for review. BUDGET IMP ACT The preliminary estimated costs for the options presented are as follo s: Base Option $721 000 Option A - Concrete with Pattern $748 000 $27,000 Option B - Concrete with Colored Concrete $776 000 $55,000 Option C - Colored Concrete $830 000 $109,000 Option D - Colored Concrete with Pavers $816000 $95,000 Option E - Base Concrete with Pavers $762 000 $41,000 Option F - Concrete Pavers $803 000 $82,000 According to the City's Special Assessment Policy, 35% of the cost of the reconstruction of these improvements would be assessed to benefitting property owners. ased on the Base Option (the lowest cost option) and Option C (the highest cost option), th range of estimated special assessments and required City contributions are reflected below. Base Option Option C $253,000 $291,000 $468,000 $539,000 Potential Financing Sources The remaining costs financed by the City would equate to approxi ate1y $45,000 per year for 15 years. Sources for this annual contribution may be the Road and ridge fund, the HRA Special Revenue fund and/or any proceeds from available tax increme t financing. Anyone or a combination of these sources may be utilized to fund the portion of e project cost not covered by special assessments. ACTION REOUESTED Council's review and discussion of the information presented will re ult in direction for proceeding with the project. Respectfully submitted, ;Z:M~ Lee M. Mann, P.E. Director of Public Works/City Engineer cc: file Robin Ro and Finance D'rector