02-10-2014 Council Packet - Laserfiche WebLink

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R-6 we believe it is appropriate that the City of Long Lake lead the project within its city limits, which includes the shared portion of road. Although geotechnical information has not been gathered in the area of the shared roadway, soil borings and the GPR information collected east of Willow Drive indicate that the there is adequate bituminous and aggregate base to reclaim the existing roadway. As the Long Lake portion of the project proceeds, the proposed scope of work and pavement design will be reviewed to verify that reclamation is appropriate. No costs for that construction or participation in that project are included in this report. SECTION 3 FINANCING AND FUNDING 5.2 FINANCING & FUNDING Due to the economy of scale, it is beneficial for the City to complete the proposed improvements as one project. If completed as a single project, the total estimated project cost for the full depth reclamation rehabilitation and replacement of drainage facilities is $1,796,593. This estimated cost includes contingencies and soft costs (engineering, legal, administration, etc.). Typically, mobilization costs are minimized and the unit prices for individual items and materials are less expensive the greater the quantity. Therefore, if these rehabilitation activities are to be separated into two projects, there will be additional mobilization costs and it is expected that the cost of labor and materials will increase from one project to the next. Assuming that the projects would be completed in consecutive years, the cost of project one is estimated to be $913,836 and the estimated cost of project two is $953,125. This assumes inflation of 3% from one year to the next for labor and materials. This results in a total project cost of $1,866,961. Due to Watertown Road’s designation as a State Aid Route, the City may choose to use a portion of their state aid funds for this project. Assessments are not proposed for this project.