Agenda Packet Cc - regular meeting 5/23/1988

Home Browse Search

County Road 15 Lighting and Financing March 21, 1988 Page 2 of 4 B. Design Engineer - As noted befire the City has contacted Mr. Robert Eller, Consulting Engineer, to do the electrical design. His initial indication for the City of Orono that it would cost $5,500 to do the design. A joint effort of the two Cities of Spring Park and Orono would save approximately $1,000 for each one. The cost to have the engineering work done by Bonestroo is in the range of $6-7,000 as opposed to the $4,500-5,500 figure we are looking at from Mr. Eller. Mr Eller is also the one that did the design layout for the Mound system. C. Financing - The cost of the lights can either be done by a special assessment or could be done through general or MSA financing. The City f Mound assessed 50% of their cost of street lights, which tote_ -A approximately $127,400 for their project of which approximately $64,000 was assessed at a cost per foot of $14.58 for commercial property and $9.72 for residential property. (This is for a 100 foot spacing between lights.) The adopted proposal would run the lights from Commerce Boulevard to Fairview. They did not choose to run it from Fairview to Bartlett although they are now contemplating additional lights by Seaton Bridge. Comparable costs for Orono is $97,000 which would result in a commercial assessment of about $3.50 for residential and $7.00 for commercial at the 50% assessment level. (The 100% assessment for this project would alternatively be $7.00 and $14.00 for the project.) The higher cost in Mound is due to the closer 100 foot spacing versus the 140 foot proposed here together with the fact that approximately 30% of the front footage to be assessed was owned by the City and therefore not assessed. The City of Mound used MSA fUr,ds for their share for the balance of the 50%. D. An example of the current lighting e::ists both on Commerce Boulevard in Mound together with Carlson Parkway north of Highway 12. Utilization of this lighting system would remove 7 of existing wooden poles along County Road 15. The poles remaining would the north side of County 15 between Navarre Avenue and the City limits. Issue No. 2 Financing - To the extent the City is not going to specially assess for its expenses on County Road 15 to at least the 20% level financing will have to come from internal or MSA sources. Should the Council choose to assess the $97,000 amount, the range of options are as follows (other combinations within the range are also possible):