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09-1240. 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Council File # 09-1240 Green Sheet #3085076 OF Presented by RESOLUTION NT PAUL, MINNESOTA �� WIIEREAS, in 2009 the assessment rate for street paving, including curb and gutter in connection with the Residential Street Vifality Progam (RSVP) was $38.65 per assessable foot; and WI�REAS, in 2009 the assessment rate for the modified lantem style lighting was $6.84 per assessable foot, and the altemative bent straw lighting was $429 per assessable foot; and WHEREAS, it has been a City policy to assess approximately 25% of the construction costs; and WIIEREAS, in recent years actual assessments collected are approaching 20% of the construction costs; and WI�EREAS, bond financing regulations require a minimum of 20% be assessed to benefiting property owners; and Wf�REAS, a 6% rate increase will bring assessment collections to approximately 2035% of the construction costs; now therefore be it RESOLVED, that in order for the assessment to reflect the increased construction costs and benefit to the property owners, the assessment rate for street paving in connection with RSVP is increased 6.0% from $38.65 to $40.97 per assessable foot for all such RSVP projects approved by Final Order after October 1, 2009, to be constructed in 2010; and BE IT FURTHER RESOLVED, that the assessment rate for the modified lantern style lighting is increased 6.0% from $6.84 to $725 per assessable foot, and the alternative bent straw lighting increased 6.0% from $4.29 to $4.55 per assessable foot for all such RSVP projects approved by Final Order afrer October 1, 2009, to be constructed in 2010. Yeas Nays Absent Bostrom }/ Carter �/ Hazris ,i- Helgen ,i Lanhy ✓ Stark ,l Thune ✓ 'J Requeste Department ��� a By: Approved b the O e ofFinanc�al S?rvic�' By: i� t'�V� /\ Approved City omey By: Es��-- �C � 2 2—,� � Adopted by Commcil: Date f-z/��/dy Approv ay for Sub ' ion b Council Adoption Certified by Coun ' Secretary $y_ � 6 BY� �./� �L.(�d/✓ Approved b Mayo . Date ) 2� L2Ic��i By �� D� � n � ' � Green Sheet Green Sheet 09 Green Sheet Green Sheet Green Sheet Green Sheet � DepartrnenUOffice/Council: Date Initiafed: ' PW_PublicWorks zoo�T2oo9 Green Sheet NO: 3085076 Contact Person & Phone: Deaartment Sent To Person InitiaUDa DenHeak 0 ublicWorks MikeThoemke � ���� 266-60$4 � 1 ubGcWorks DivisionMana er �{�yj�Qf' Q'`s'9^ 2 ub6c Works 1 �Q De ar6nentDirector i�j / D�'LZ Must Be on Council Agenda by (Datej: Number ,� ],/ � _Zy_,y 04-NOV-09 For 3 ' Attorne C Attom � Routing 4 inaocial Services tTice oiFinantial S�'ic Doc. Type: RESOLUTION Order 5 or's Offce Ma odAssistant 6 ouncil Counril E-Document Required: Y "1 i Clerk Ci Clerk 8 ublic Works Public WorkS �xumentCorttact: MikeThcemke Contact Phone: 26G606'I Total # of Signature Pa5{es _(Clip All Locations fur Stgnature) AcHon Requested: Approval of resolurion establishing the yeaz 2010 Residenrial Sheet Vitality Prograzn assessment rates Rewmmendations: Approve (A) or Reject (R): Personal Service Contractr Must Answer the Following 4uestions: Planning Commission 1. Has this persoNfirm ever worked under a contract for this department? CI8 Committee Yes No Civil Service Commission 2. Has this person(firm ever been a ciry employee? Yes No 3. Does fhis pe�son/firm possess a skill irot nortnatly possessed by any curtent city employee? Yes No Ezplain all yes aoswess on sepamte sheet a�d attach to green sheet. Initiating Problem, issues, Opportunity (Who, What, When, Where, Why): In 1990, the City Council adopted a resolurion calling for the assessments for CSSP projects to be adjusted each yeaz according to the previous year's cl�ange in Mioneapolis-Saint Paul Urban Consumer Price Index (90-1459). In 1995, the City Council adopted a similar resolurion for the Residential Street Paving Program (95-1127). We aze proposing to increase assessments rates for 2010 by 6.0% for sfreet paving and ligh5ng. It has been a Ciry policy to assess approximately 25% of the construction costs, we are very near 20%. Bonding requires [hat a minimum of 20% must be assessed to the benefiting proper[ies. Advantages If Approved: RSVP projects can move forwazd. Assessments will meet the minimum requirement of 20% being assessed. Disadvantages If Approved: Assessments will be 6.0% higher for residents for Residential Street Paving and Lighting in 2010. Disadvaniages If Not Approved: If the bonding requirement that a minimum of 20% must be assessed to the benefitting properties is not satisfied another sowce of funding for ItSVP must be secured Total Amount of Cost/Revenue Budgeted: Y Trensaction: ActivityNUmber. � `""���8� � Funding Source: � �:, , e Financial {otormafioo: (Explain) �§�'� � � ��On J �- �TY�TT���� October 20, 2009 2:36 PM Page 1 .� V � d G O 'C a d ax � _ � � � y � Y C R O a. m d y � � d � Q d i0 � d G1 G. 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