12-09-2002 Council Packet - Laserfiche WebLink

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Sch*dul« of Construction Phase I is currently under design, with the City of Minnetonka being the lead * agency. Demolition of the buildings and marina infrastructure wiil begin in November 2001. The cieared site will be ready for development as a public boat access by April 2002. Substantial completion of the site is expected in 2002 with landscaping and establishment of shoreline buffers and infiltration area plantings possible in the Spring/Summer of 2002. Phase II design will begin in 2002 with implementation expected in 2003. Phase III design will begin in 2002 with implementation expected in 2004. Method of Financing Implementation of the portion of the project that Minnehaha Creek Watershed District has responsibility for could be financed through an ad valorum tax levy pursuant to Minnesota Statutes 103B.251, or other sources of funds not identified at this time. Other possible sources include LCMR, local funding by one or more municipalities, local fund raising, other agencies such as the Minnesota Departntent of Natural Resources, the State of Minnesota, Hennepin County, sp^al assessments, grants, subwatershed taxes and contributions. Each 4)rcjecthaeunique.cii£uffl8tances-thatwill determine appropriateiunding ______ sources. Most such projects will involve a combination of cost sharing. In developing a funding plan, the District will consider such factors as the extent to which cities or subwatersheds receive particular benefits, including flood control, water quality and aquatic habitat benefits, recreational benefits, educational benefits or demonstration of environmentally sound methods, or increased tax base from the project, and the extent to which similar projects have been or may be undertaken for similar programmatic or regulatory activities without District funding. Incremental construction cost increase attributed to the use of environmentally sensitive methods instead of traditional and structural approaches r C:\My OocumefltsVlICWtnarsys Bay no^plaiiainsndmanLdoc 9