Loading...
1m. Chanhassen Station: Approve Revised Feas Study and Call PH CITY OF CHANHASSEN 7700 Market Boulevard PO Box 147 Chanhassen, MN 55317 Administration Phone: 952,227,1100 Fax: 952,227,1110 Building Inspections Phone: 952,227,1180 Fax: 952,227,1190 Engineering Phone: 952,227.1160 Fax: 952,227,1170 Finance Phone: 952,227,1140 Fax: 952,227,1110 Park & Recreation Phone: 952,227,1120 Fax: 952,227,1110 Recreation Center 2310 Coulter Boulevard Phone: 952,227,1400 Fax: 952,227,1404 Planning & Natural Resources Phone: 952,227.1130 Fax: 952,227,1110 Public Works 1591 Park Road Phone: 952,227,1300 Fax: 952,227,1310 Senior Center Phone: 952,227,1125 Fax: 952,227,1110 Web Site www.ci.chanhassen.mn.us 1m MEMORANDUM TO: Todd Gerhardt, City Manager () ~. ~(). Paul Oehme, Director of Public Works/City Engineer \' . FROM: DATE: November 9,2009 SUBJ: Chanhassen Station Park & Ride Facility, Project 08-11: Approve Resolution Accepting Amendment #1 to Feasibility Study; Call Public Hearing PROPOSED MOTION "The City Council Approves Resolution Accepting Amendment #1 to Feasibility Study; Call Public Hearing for the Downtown Park & Ride Project 08-11 " City Council approval requires a super majority vote of the City Council present. BACKGROUND On March 23,2009, the Council received a feasibility study for this project. Changes to the feasibility study were necessary as a result of continued coordination with SouthWest Transit and Bloomberg Companies. Attached Amendment #1 to the feasibility study has been prepared to detail the project changes. J On October 12,2009, staff updated the Council on the Downtown Park & Ride Project at the Worksession. DISCUSSION In 2006, SouthWest Transit secured $7 million in federal funds to be used for the construction of a new Park & Ride facility in downtown Chanhassen. The new multi- level ramp could accommodate up to 420 vehicles. Currently, SouthWest Transit operates a one-acre Park & Ride facility (up to 120 vehicles) behind the Chanhassen Dinner Theater. For this project to move ahead, the City will need to take the lead in providing access to the new facility. For the past year, representatives from SouthWest Transit, Bloomberg Companies, and City staff have been discussing alternative locations for the new Park & Ride facility. The criterion used to produce the preliminary design was as follows: . Provide for bus and rider access from the east and west of the proposed ramp. Chanhassen is a Community for life - Providing for Today and Planning for Tomorrow Todd Gerhardt Downtown Park & Ride November 9, 2009 Page 2 . Maximize future development opportunities surrounding the Dinner Theater. . Maximize the number of parking stalls on a minimal amount of land. . Preserve the current location of the Chanhassen Depot. OVERVIEW OF THE PROJECT For this project to occur, the City will need to lead the effort to build a new road to access the facility. The following steps need to be completed for the road to be built: . Acquire land/easements for the road right-of-way. . Acquire the Dinner Theater scene shop building. Relocate the scene shop to a new location. . Acquire the Chanhassen Depot land. . Upgrade and relocate sanitary sewer and water utilities. . Construct the road including storm sewer, sidewalk, and street lighting facilities. SUMMARY OF FEASIBILITY REPORT AND AMENDMENT #1 The project includes the construction of public roadway and utility improvements to support the proposed construction of up to a 420-car parking ramp/transit station for SouthWest Transit; this is down from the original 500 stalls that were previously proposed. By reducing the number of stalls, SouthWest Transit was able to re-allocate dollars saved to the increased costs in the road construction. However, SouthWest Transit must show those 100 stalls that were reduced somewhere else in the community and staff is recommending the South Parking Lot at Lake Ann. The public improvements are proposed to be constructed in two phases. Phase I will include the demolition of the existing scene shop building for the Dinner Theater and a bus stop enclosure, site clearing and grading, sanitary sewer relocation, and watermain improvements to prepare for the construction of the parking ramp/transit station. Phase 2 will include street and storm drainage improvements that will be constructed in conjunction with the transit station project. The estimated costs for the proposed improvements are detailed below. These costs include a 10 percent (10%) construction cost contingency and a 30 percent (30%) allowance for indirect costs. Prouosed Imurovements Estimated Cost Phase 1 A Improvements . Building Demolition $ 51,500 . Site Preparation Work $ 218.200 Subtotal $ 269,700 Phase 1 B Improvements . Sanitary Sewer Relocation $ 52,800 . Watermain Relocation $ 77.500 Subtotal $ 130,300 Total- Phase 1 Improvements $ 400,000 G:\ENGIPUBLlC\_2008 Projects\08-11 downtown transit site imp\110909 bkgd dt parknride fs amend and cail hearing.doc Todd Gerhardt Downtown Park & Ride November 9,2009 Page 3 Phase 2 Improvements . Street Improvements $ 486,100 . Storm Sewer Improvements $ 88.100 Total - Phase 2 Improvements $ 574,200 Land Acquisition Costs . Depot Station Site $ 140,540 . Street Right-of-Way $ 286,008 . Acquisition of Scene Shop $ 300,000 . Scene Shop Relocation $ 100,000 Subtotal $ 826,548 Total Project Cost $ 1,800,748 The improvements are proposed to be financed through a combination of assessments to benefiting property owners and City funds. The following is a summary of the proposed financing plan for the project: Financin1!: Source Assessments Bloomberg Companies SouthWest Transit Total Assessments City of Chanhassen Costs Total Amount $ 729,253 $ 700,655 $ 1,429,908 $ 370,840 $ 1,800,748 The proposed financing plan is based on the following criteria: . Bloomberg Companies is assessed 51 % of the street right-of-way and scene shop acquisition, building demolition, street, and storm sewer costs. . SouthWest Transit is assessed 49% of the street right-of-way and scene shop acquisition, building demolition, street, and storm sewer costs. . City of Chanhassen pays 100% of the costs for depot station site acquisition, the scene shop relocation, and the sanitary sewer and watermain improvements. . All land acquisition costs assume a land value of $8.20/square foot. Funding for the City share ofthe project would come from several sources: Sanitary Sewer Utility Fund Water Utility Fund Revolving Assessment Fund Total $ 52,800 $ 77,500 $ 240,540 $ 370,840 Note: The Revolving Assessment Fund estimate is over the budgeted amount in the 2009 CIP. This increase in cost is due to the increase in costs of the project and additional negotiations with the benefiting property owners. G:\ENGIPUBLIC\_2008 Projects\08-11 downtown transit site imp\II0909 bkgd dt parknride fs amend and call hearing.doc Todd Gerhardt Downtown Park & Ride November 9, 2009 Page 4 HOW DOES THIS REDEVELOPMENT WORK? Both SouthWest Transit and Bloomberg Companies have agreed to be assessed for all of the roadway costs including all of the land acquisitions (with the exception of the Chanhassen Depot parcel, which would be the responsibility of the City ofChanhassen). The only exceptions are that the City would pick-up the relocation costs for the scene shop and the outstanding assessments for Bloomberg if they bring in new developments that enhance the current tax base for parcels owned by Bloomberg Companies. The remaining property around the Park & Ride facility could potentially accommodate an apartment, retail/offices, and/or a hotel. For this to occur, the City and Bloomberg Companies would have to enter into a Master Redevelopment Agreement assuring Bloomberg Companies that the City would create a tax increment financing (TIF) district. To the degree that new taxes are generated from the TIF district, they would be used to write-down the special assessments for the new roadway. Staff is proposing to limit the amount ofTIF to ten years. If Bloomberg Companies do not enhance the tax base with new developments, they will be responsible for 100% of the assessments. Staff would bring back a Master Redevelopment Agreement to the City Council for City Council/EDA consideration. SCHEDULE The following is a preliminary schedule for the implementation of the project: City Council Received Feasibility Report Site Plan and Preliminary Plat Submitted to City Staff City Council Receive Feasibility Report Amendment; Call Public Hearing Planning Commission Review Site Plan and Preliminary Plat Public Hearing; Authorize Preparation of Plans and Specifications City Council Approve SouthWest Transit and Bloomberg Agreements Site Plan, Preliminary Plat, and Final Plat to City Council Phase 1 Improvements City Council Approve Final Plans and Specifications; Authorize Ad for Bids Bid Opening City Council Awards Contract Start Construction Complete Construction Phase 2 Improvements (in coni unction with parking ramp construction) City Council Approve Final Plans and Specifications; Authorize SouthWest Transit to Bid Project Bid Opening SouthWest Transit Awards Contract/City Concurs Start Construction Complete Construction March 23, 2009 Oct. 16, 2009 Nov. 9, 2009 Nov. 17,2009 Nov. 23, 2009 Nov. 23, 2009 Dec. 14,2009 Jan. 11,2010 Feb. 12,2010 Feb. 22,2010 April 5, 2010 June 25, 2010 Jan. 11,2010 February 2010 March 2010 July 5, 2010 August 2011 The final schedule for the public improvements will be coordinated with the construction of the parking ramp/transit station and may change from the dates listed above. G:\ENGIPUBLICI_2008 Projectsl08-11 downtown transit site impll10909 bkgd dt parknride fs amend and call hearing.doc Todd Gerhardt Downtown Park & Ride November 9, 2009 Page 5 RECOMMENDATION Based upon the analysis completed as a part of the amended feasibility report, the proposed Downtown Transit Station Site Improvements, City Project 08-11 are feasible, necessary, and cost effective, and will benefit the City of Chanhassen. Attachments: 1. Project Location Maps 2. Amendment #1 to Feasibility Study and Report 3. Resolution 4. CIP Page c: Jon Horn, Kimley-Horn & Associates, Inc. G:\ENGIPUBLlCI_2008 Projectsl08-1J downtown transit site impllJ0909 bkgd dt parknride fs amend and call hearing.doc -<:: u o ~ 0' ~ "0 Z o t= ~ u o -' I I- m :r: x w I 0.. ~ <l: 0::: :;;: (IJ ./ (IJ W lL. ./ (IJ I- m :r: x w ./ o o <l: U ./ a.. ~ <l: 0::: I :;;: (IJ ./ Z w (IJ (IJ <l: :r: z <l: :r: u ./ >. U ./ ." U I u :;;: I- ./ :><: 67 th E D- o N (J) o o N 8AR BE :5 erR lR. E. r<i ~~~~\\\ \ , , \,\,\" ,\ ! :)\ e Ann I/l}/ );!,! ~~. ~/ 73. ..-...--:::::--:;..0/ 74. :~:::::>-' ~~: 77. 78, 79. 80. 109. 112. 121. 122. SEN 2 >- !: CITY OF CHANHASSEN ~=~ Kimley-Horn and Associates, Inc. CITY OF CHANHASSEN i DOWNTOWN TRANSIT STATION SITE IMPROVEMENTS CITY PROJECT NO. 08-11 PROJECT LOCATION EXHIBIT 1 K: \TWC_Civil\Cily\CHANHASSEN\SW_RAMP\CADD\EXHIBITS\FES\SWRAMP-EXHIBIT-UTILlTY.dwg November 02, 2009 - 2: 49pm ,~ I ~ L Iil oM;; I,' l! 2 0 I . ., ., .,.. Q --'!il Ii ~~ - ~~~=t~:jl .;--"~ -iJlfr i ~3:::::3-;-~'--'----t .M__~~~V-~O: ;'C-:.'__:..~,;:-:;2~ - -". ~ n ~.l: - 1,1: I ! \,.~ =.~Ji+::'-'- if - - - - iT; ifil t: Iii ! '\ \ \ '-"'~/; ~ ...-. ! j ~( ~ Ii '\ I Hili ! \ \ \ ^ Ii [I .Lo-o-_o__o~JI I I~ I \ \ \ + .~~~~~~r .fL ~ _ ~ _ _ ~JJJc ~'AA. ~.~~ ;: in, "Ii 1~lj : \\ ~\ I !fi':~-TI-_n_--__."""J ~! ( r '- _IL~I~~T"" ~~ ','. r' I \\. r..:,'. ~...~d II ~. ~~ ~) ~ U~ : 'i \"I'.::.~ ' - ~"!- ! \, .:-, r~' 'II! ,- \ (.1 , ^, I U 1 I i 7e f. I l It',,, <\ 3 I if Ii [i "!--- ~ // "<'x~'/ :- Ji" h: j __ -~ 1&/:1 i I .... ..... Ii>> I ~.> I -I":^ 0 ~a~ I () 1!1dl ,! :r! g ~ II -!; ~ i ~ZI I', I ':-J ~ ~~ J~i:11 f. 'I I! ~ ~ / \ ,/ I w r j^ I I ')~. I q J. . i /~\ /~t,~~I- J~~: :: ~~" ", ;/ ,I r!: I~II ~ ' I ~~ '\ ;/.. I ...~. I~ t m +~~" '\ ;;"_ ........~ ~/" ,I -I: I [. ~ : "'/' L "-;7,""'''V/ '1 /'" ii' ~ I '-./ ['.L :i I I I I I I I I I I I I I I I I I I I I I I ~--- I I I I I I I I I I I I I I I I I I I \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ lJ):::;: "':> ;;O-l ~'" n;;O '" -0 )> ;:0 ^ Z Gl ~ s: -0 t ':::j ~ lJ)lJ) "':> ;;OZ ,.;- n-l "'~ ~-< ~ d{? , 'U ~ I I I ;;0 " 0 0 I I 1 r 'U rrl 0 0 II e;) (f) ~ I I 1 rrl Z ~m Z 0 Vl (") )>00 --l ~ 1:- (J I r"1 " --l(f)- 0 I I '" I~ m)>~(f)~ 0 '" ~ ;;oz -z --l z 0 ~--l~n:l--l -< P>" ~" " " '" '" 0 ::J -- lJ);;o ;;0 ;;0 x x )>~o~;;o c..3 "'0 0 ~ U5 i/i -., 11 >~ "" " o :::j :::j r"1 :>0 0 lJ) Z Z r"1 " Z-<ffi'U~ ;;OlJ) lJ) G) --< ~ 0 en, :>", '" '" G) 0 ~(f)O~(f) en:I: ;;:10 0 o :::;: lJ) I go ,," :::;: lJ) :> :> )> ;;0:> :> :> ;;:1 ;<; _.~ -l ,m--l<--l a::J 0;;0 ;;:1 ;<; ;;0 :> m Z c...2'; -l ;:: ;;0 O~Zm(f) CD "'z ;;0 ~ ;;: ",X I ~G) ;:: -< omO~--l Y> :> -< z lJ) ~I )> ~;;o z '" )> ;;0 . )> :> lJ) ~ --l)>g~--l (f) ::J ;:: '" "OJ (f) !' " ~ ;;0 " - ;;0 ~--l OZ~--lO m 8c..v ZO->,(f)Z Z 'Ii; ~ '~ ~I~ " i~ I~ ; !,~I . 1 nl ~ I : ~+rl! r II ~ ~: ~I; ,I 1\ · I .: II~ I '] , Ii ~ II; /1 ~ /IJl I A~ "II :11 ii if :R -11 !! -iJ1 I :1 'II , I :1 I :1 ~J K: \TWCClvll\City\CHANHASSEN\SW_RAMP\CADD\EXHI8ITS\FES\SWRAMP-EXHI8IT-STREET.dwg Novembe, 02. 2009 - 2: 48pm \ \ \ \ \ \ \ \ \ :;. o o \ \ \ \ ;0 + o o \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ ~ ~~, ( ....../.p7 '~) ./ :,.:?ofo 1: '"/): I -_____.-""\ \jP V// ---..... ~/' ~p~" ~ z;. ftj ~"' "Y 'l'~ \, / J' /. "d /, <" 4-{/ ,.~'k~?~, :;;:., <1 ~ 9,;,#,::r ...." ~ \.,,,~" .,;."" ./ \ .p'"'./ ",,~~ C." ---- ~ Cf) ~ -i 0 0 0 II ;;0 :2: V III V ~ U1 0 Z () Cf)"'OO -i ~ ~ ("J '" '" m;;o- 0 '" ~~ :2:~~Cf):2: 0 '" ~ -i z 0 mO"'O-iZ -< "'=" ;;oCf);;om-i 0 :::J -- "0 "0 '" ~"O U)"O ~~ ~mo~~ c..3 ::0 ::0 X U)::o gE5 0 0 Ui "'0 "00 " Co'-) 8 "Tl >~ '" "0 "0 :::l "0"0 ::E"O ::0"0 '" <5 "'00'-"'0 0 0 z )>0 )>0 00 -; ~ ;;oCf)m;;oZ 0 en, U) U) G) ::ou) rU) ;'ijU) 0 en:I: '" '" )>'" ^'" ;;::'" O-iOOCf) I go 0 0 U) ;;10 0 ",0 ::t> U) n --i "0"0 ;;:: zu) <;;o-i<-i -...... --i )> 0 uJ;;j a:::J ::0 ::0)> '" m Z 0 ci ;;:: 0::0 0 mmZmCf) CD ::0 ,-25 :;; '" ;uX I ;;:: I '" ~mO~-i .5h U) "'z Z --i ::t> U) aJ '" ~G) "- ~I -i' ::t> '" )> ~ ~::o c;OJ m::t>Om-i Cf) :::J ~ ~ ::0 )> Cf) p :u z ;;:: '-..- Z cx>Z- "0 ~-i -iZ~-iO m gCJ'1 Cf)O.....Cf)Z Z K: \TWC_CivH\Cily\CHANHASSEN\SW_RAMP\CADD\EXHIBITS\FES\SWRAMP-EXHIBIT-PR-PROPERTY-REV_2DDL10_30.dwg Odobe' 30. 2009 - 1: 39pm ~ ~,.~. ~)>U1 E5C? \ gc~ Ul~~ \ p~;U -., 0 -i1T1)> . ~~ \ 1T1)> ~:< IT1 Zo \ -i;U )> Z ~ \ ~:~~]~ OIOOI ;urrt;:o;:orrt :::!)>:::!:::!)> 00000 ZOZZO ~~Ui~~ r::J:zo::J OOOcO -iZE~Z .~)>OO)> ;:orrt-i;:O rnrrtO rrt 5)>)>rn)> ~6UlUib ;:0)>0;:0 Nr~Co Uio)>~c :-I;:Orrt-i o -izr ~~o~~ ;:o~""-<rn rrtO-io ~O~::;:Ui r~ Z -<NUlrrt~ o 0 o. ::;:Ui~rn~ ~~rrt-<<O o.--..J Ul -i Ul ~IIO rnv.orrt. -<<O~o"" -iUl~=i;-i ~PC-<Ul o.,.,~)>z _;-iIZO -i }>Drrt :<~Ul)>}> zrrt ~. .<o.v. ~o No> Ov. UlUl PO )> CO <0 Ul P .,., ;-i ;um ~>< I ~OJ "'- ~-i ~-..,J iJ ;0 o iJ 0 o 0 ~ ~ o Z iJO -i ;0- 0 o-ien~ -<- iJiJ-iZ m;om-i ;00-;0 -i,--~)> -<miJz Oo;oen ~-io-i zZ<en mOm-i ;0 ~)> enOm-i Iq:>ZO -.......-i iJ.......enz ."." ;-i;-i \ \ \ \ \ \ \ o -i -< o TI o I )> Z I )> en en m Z \ 1\ \ kt \k \\ II '\\ i~ ~'\". f1 \\ , \ 1* ~'\ ~ \\\ t' ~~\ Mk- w. 1~ ~\ 1'1 lkit III "" ~ ~\\ '\1\. ,., % i"\ \ ...' ll~ v ,,~~ ~\k \\\ l:~ \..\ \~ f4 \ \ \ \ \ \ \ \ ~ II ~ ~~ c..3 ~~ cn::I: go a3 CD Y> 5" p x 'll . \1 I r., i ~ I': i I I /. { III W .Ii I i I I I I I d q 'j I /: I!~ d~~ 1"-1 " i/; :: II' -..,J "I co !'I. -I tll;I !i) I j (f) I ; -I II: . li/i III' 'I r I' Ii/ /1, / ;'11 / ' I ,: I,' I,' I I" I, lv' II I I. / 1/' // I I' II I' ---~ I' II I' II ~1 Ii II I' II I' II I' II I' II I' II I' II I' -------t....iJ! , 1------ r--- , , I ~\~ "U r )> -i rn o C Z o )> ;:0 -< ~~~ ),)~ Ul () F' m o I~ Co'-:I8 ~ N Ul :I: o " N z~ -< F' Ul o ~ .., m m -< o o Kimley-Horn and Associates, Inc. Memorandum To: Honorable Mayor and Members of the City Council City of Chanhassen 7700 Market Boulevard PO Box 147 Chanhassen, MN 55317 Attn: Paul Oehme, P.E. Director of Public Works/City Engineer From: Jon Horn, P.E. Date: October 30, 2009 Re: Amendment #1 to Feasibility Study and Report Downtown Transit Station Site Improvements City Project 08-11 This memo amends the feasibility study and report accepted by Council on March 23, 2009 for the above-referenced project. The purpose of this amendment is to: 1. Include the updated design of the proposed SouthWest Transit parking ramp/transit station 2. Address changes in the proposed phasing plan for the construction of the proposed improvements 3. Identify changes in the proposed land acquisition and the associated acquisition costs 4. Update the estimated costs, financing plan, and estimated assessments 5. Update the proposed project schedule These changes are the result of continued coordination of the project with SouthWest Transit, Bloomberg Companies, and Mn/DOT. This amendment includes the following attachments: . Revised Exhibit 3 Proposed Sanitary Sewer and Watermain Relocation . Revised Exhibit 5 Proposed Street Improvements . Revised Exhibit 7 Proposed Property Ownership III TEL 651 645 4197 FAX 651 645 5116 III Suite 345N 2550 University Avenue West SI. Paul, Minnesota 55114 PROPOSED PUBLIC IMPROVEMENTS The proposed design for the parking ramp/transit station has changed since the original feasibility study and report was received by the Council on March 23, 2009. The footprint for the ramp has been revised and a bus turnaround and transit platform has been added east of the ramp. The updated design for the parking ramp/transit station improvements is illustrated on attached Exhibits 3 and 5. The proposed parking ramp/transit station improvements are further detailed in a Site Plan Review package that was submitted to the City by SouthWest Transit on October 16,2009. The original feasibility study and report identified that the City improvements associated with the parking ramp/transit station would be constructed in two phases. The scope of the proposed City improvements has not significantly changed; however, the phasing for some of the improvements has been revised based on coordination with SouthWest Transit. The following is an updated summary of the improvements to be included in each phase: Phase 1 Improvements The Phase lA improvements include the following: . Demolition of the existing scene shop . Clearing and grubbing . Earthwork/grading . Retaining wall construction The Phase lA improvements will be financed through assessments to SouthWest Transit and Bloomberg Companies. The Phase IB improvements include the following: . Watermain relocation and service improvements . Sanitary sewer relocation and service improvements The Phase IB improvements will be financed through City funds. The Phase lA and 1B improvements will be designed, bid, and constructed together as a City public improvement project. Phase 2 Improvements The Phase 2 improvements include the following: . Storm drainage improvements . Street construction . Sidewalk construction . Street lighting . Restoration/landscaping Paul Oehme, P.E. October 30,2009 Page 2 of5 Paul Oehme, P.E. October 30,2009 Page 3 of5 These improvements will be financed through assessments to SouthWest Transit and Bloomberg Companies. The Phase 2 improvements will be designed by the City, but bid and constructed as a part of the South West Transit parking ramp/transit station project. The City improvements are being included as a part of the parking ramp/transit project for coordination and funding purposes. A Cooperative Agreement will be executed between SouthWest Transit and the City detailing the terms and conditions for this arrangement. Attached Exhibit 3 details the proposed sanitary sewer and watermain improvements. Attached Exhibit 5 details the proposed street improvements. RIGHT-OF-WAY AND EASEMENT REQUIREMENTS As a part of the project, the City and South West Transit will be acquiring easements and property from Bloomberg Properties. A plat is being prepared to create the necessary land acquisition parcels. Attached Exhibit 7 details the proposed property ownership. The table below further details the proposed property and easement acquisition included as a part of the project. Current Proposed Total Area Parcel Descri tion Ownershi Ownershi / Ac uisition Area Lot 1, Block 1 Bloomber SouthWest 62,468 Lot 2, Block 1 Bloomber Bloomber 195,110 Lot 3, Block I Bloomber Bloomber 62,869 Lot 1, Block 2 Bloomberg & City 17,228/17,139 Ci Outlot A Ci Ci 5,244 N/A Outlot B Bloomberg & City 47,062/34,879 $286,008 Ci Roadway, Drainage, Bloomberg Bloomberg 15,250 $0 & Utili Easement SouthWest Transit is acquiring Lot I, Block I from Bloomberg Companies through a separate agreement. The proposed roadway, drainage, and utility easement is outside of the boundaries of the plat and will be dedicated to the City by Bloomberg at no cost through a separate agreement. Additional land acquisition costs will be incurred to acquire and relocate the scene shop as identified in the original feasibility study and report. ESTIMATED COSTS The following is an updated estimated cost summary for the project: Proposed Improvements Estimated Cost Phase 1 A Improvements . Building Demolition $ 51,500 . Site Preparation Work $ 218,200 Subtotal $ 269,700 Phase 1B Improvements . Sanitary Sewer Relocation $ 52,800 . Watermain Relocation $ 77.500 Subtotal $ 130,300 Total- Phase 1 Improvements $ 400,000 Phase 2 Improvements . Street Improvements $ 486,100 . Storm Sewer Improvements $ 88.100 Total- Phase 2 Improvements $ 574,200 Land Acquisition Costs . Depot Station Site $ 140,540 . Street Right-of-Way $ 286,008 . Acquisition of Scene Shop $ 300,000 . Scene Shop Relocation $ 100.000 Subtotal $ 826,548 Total Project Cost $ 1,800,748 METHOD OF FINANCING AND ESTIMATED ASSESSMENTS As identified in the original feasibility study and report, the improvements are proposed to be financed through a combination of assessments to benefiting property owners and City funds. The following is a summary of the proposed financing plan for the project. Financing Source Assessments Bloomberg Companies SouthWest Transit Total Assessments City of Chanhassen Costs Total Amount $ 729,253 $ 700.655 $ 1,429,908 $ 370.840 $ 1,800,748 The proposed financing plan is based on the following criteria: Paul Oehme, P.E. October 30,2009 Page 4 of5 . Bloomberg Companies is assessed 51% of the street right-of-way and scene shop acquisition, building demolition, street, and storm sewer costs. . SouthWest Transit is assessed 49% of the street right-of-way and scene shop acquisition, building demolition, street, and storm sewer costs. . City of Chanhassen pays 100% of the costs for depot station site acquisition, the scene shop relocation, and the sanitary sewer and watermain improvements. . All land acquisition costs assume a land value of $8.20/square foot. PROJECT SCHEDULE The following is a preliminary schedule for the implementation of the project. City Council Received Feasibility Report Site Plan and Preliminary Plat Submitted to City Staff City Council Receive Feasibility Report Amendment and Call Public Hearing Planning Commission Review Site Plan and Preliminary Plat Public Hearing and Authorize Preparation of Plans and Specifications City Council Approve SW Transit and Bloomberg Agreements Site Plan, Preliminary Plat, and Final Plat to City Council Phase 1 Improvements City Council Approve Final Plans and Specs and Authorize Ad for Bids Bid Opening City Council Awards Contract Start Construction Complete Construction March 23, 2009 Oct. 16, 2009 Nov. 9,2009 Nov. 17,2009 Nov. 23, 2009 Nov. 23, 2009 Dec. 14, 2009 Jan. 11,2010 Feb. 12,2010 Feb. 22,2010 April 5, 2010 June 25, 2010 Phase 2 Improvements (in coni unction with parking ramp construction) City Council Approve Final Plans and Specs and Jan. 11,2010 Authorizes SW Transit to Bid Project Bid Opening SouthWest Transit Awards Contract/City Concurs Start Construction Complete Construction February 2010 March 2010 July 5, 2010 August 2011 The final schedule for the public improvements will be coordinated with the construction of the parking ramp/transit station and may change from the dates listed above. cc: File 160511012.2/3.1 Paul Oehme, P.E. October 30, 2009 Page 5 of5 CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: November 9. 2009 RESOLUTION NO: 2009- MOTION BY: SECONDED BY: A RESOLUTION ACCEPTING AMENDED FEASIBILITY STUDY; CALL PUBLIC HEARING FOR THE CHANHASSEN STATION PARK & RIDE FACILITY PROJECT NO. 08-11 WHEREAS, a revised feasibility report has been prepared by Kimley- Horn & Associates with reference to the above-referenced project; and WHEREAS, the report provides information regarding whether the proposed project is necessary, cost-effective, and feasible, NOW, THEREFORE, BE IT RESOLVED by the Chanhassen City Council: 1. The Council accepts the amended feasibility report prepared by Kimley-Hom & Associates. 2. The Council will consider the improvement of such project in accordance with the report and the assessment of abutting property for all or a portion of the cost of the improvement pursuant to Minnesota Statutes, Chapter 429 at an estimated total cost ofthe improvements of $1.8 Million. 3. A public hearing shall be held on such proposed improvement on the 23rd day of November, 2009 for the Chanhassen Station Park & Ride Facility in the Council Chambers of City Hall at 7:00 PM and the clerk shall give mailed and published notice of such hearing and improvement as required by law. Passed and adopted by the Chanhassen City Council this 9th day of November, 2009. ATTEST: Todd Gerhardt, City Manager Thomas A. Furlong, Mayor YES NO ABSENT Capital Improvement Program City of Chanhassen, MN Project # ST"021 ProjeetName Downtown Transit Station Site Imp 2009 thru 2013 Contact Paul Oehme Department Street hnprovements Type Improvement Useful LICe Category S1reetsIHighways Priority nla Account # 1 Account #2 Account # 3 Total Project Cost 51,845,000 Description I This project is a partnership between the City. Southwest Transit and private property owners. The project will relocate sewer and water utilities in the area and construct a public road for the prq>aranon of a new 500 stall parking ramp. The street and right of way will be assessed back to the . benefiting property owners and the City win need to relocate its' public utilities. The scene shop on the property will need to be demolished and . relocated. Justification I These improvements are necessary to facilitate ~ new SOO stall parking ramp proposed to be built south of the Chanhassen Dinner Theater. Expenditures Construction 2009 1,845,000 Total 1,845.000 2010 2011 2012 2013 Total 1,845,000 1,845,000 Funding Sources AssessmentIRevolvlng Assess Developer Assessments Sewer Ub11ty Fund Water Utility Fund 2009 144,000 1,570,000 53,000 78,000 1,845,000 2010 2011 2012 2013 Total. 144,000 1,570,000 53,000 78,000 1,845,000 Total Operational Impact/Other . I 106