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Otto G eonewoo. PE <br />Krnh A Gordon. PF <br />Thnmat W Peterson, PE <br />Bones t roo <br />Rnbert W Ro—Anaro PE <br />Faster, <br />MKhael C lynch, PE <br />JA <br />Jo tepn C Anderuk, PE <br />Donald <br />Donato C Bur9,ardt. PE <br />C l <br />Jlmrt R 6laland. PE <br />Rosene <br />Bradford A Lemberg PE <br />R,chard E Turner. PE <br />Jury A Exvdcn, PE <br />K—fielh P AnderSon, PE <br />Mark A Manson, PE <br />Krnh A Rxhmann, PE <br />� <br />Anderlik& <br />Janes C Olson, PE <br />Glenn R Cook. PE <br />Ted K Field. PE <br />4hcharl T Pautmam,. PE <br />Mark R Rolf%, PE <br />RoCert C Russek. A I A <br />Thomas E Noyes PE <br />Roben R Pfenrnr. PE <br />Thomas E Angus. PE <br />Associates <br />RC:ert G Schunicht. PE <br />DMd O Loskota. PE <br />Moward A Sanford, PE <br />V \ <br />Starvrn L Sorva'a, PE <br />Engineers & Architects <br />November 5, 1987 <br />City of Orono <br />Box 66 Crystal Bay <br />Orono, MN 55323 <br />Re: 13935 Co. Rd. 15 Reconstruction (Henn. Co.) <br />Dear John: <br />Cha-le% A Errkton <br />Leo M Payseltky <br />Harlan M Olson <br />Susan M Eherfm <br />fAxt A Selp <br />We have reviewed various methods of funding the Co. Rd. 15 Street Recon- <br />struction. The information we have provided herein is quite general but <br />should be useful in developing a plan of action. <br />The City of Orono's share of the project cost is $488,353.78 plus the penalty <br />of $210,000 incurred for spending MSA funds off the system as previously <br />discussed. <br />The City could use MSA funds to finance the entire project. The City could <br />assess the entire project costs to adjacent benefiting land owners. The City <br />could provide for any combination of project funding in between these two <br />options. <br />The City does not have much history on assessment of street reconstruction <br />projects. We did assess Blaine Avenue when it was reconstructed,to the <br />commercial property adjacent the street. <br />We would recommend that a portion of the project costs be assessed to property <br />mers adjacent the street on a front footage basis. The trunk storm sewer <br />cost not paid by State Aid should be assesed over the drainage area on a <br />square footage basis. <br />There is approximately 7500 lineal foot of properly abutting the roadway which <br />is 57 percent commercial and 43 percent residential. The commercial property <br />should �-le assessed -60 percent of the actual street costs and the residential <br />property should be assessed 30 percent. This would result in an assessment of <br />$32.00/ft. for commercial property and $16.00/ft. for residential property. <br />This would generate $188,800 in revenue for the project. <br />Page 1. <br />letter 01 <br />2335 West Highway 36 • St. Paul, Minnesota 55113 9 612-636-4600 <br />