3. Five-Year Street Reconstruction Plan
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
3
-
MEMORANDUM , D.
TO: Paul Oehme, Director of Public Works/City Engineer <{t
FROM:
Alyson Fauske, Assistant City Engineer
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DATE:
December 14,2009
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SUBJECT: Hold Public Hearing on the Issuance of Bonds and on the Five-
Year Street Reconstruction Plan; Provide for Sale of Bonds for
City Project 10-02
PROPOSED MOTION
"The City Council approves the Five-year Street Reconstruction Plan, approves the
attached resolution and provides preliminary approval for the issuance of bonds for
City Project 10-02.
City Council approval requires a simple majority vote ofthe City Council present."
BACKGROUND
Audubon Road from Lake Drive West to Lyman Boulevard (CSAH 18) is a
municipal collector roadway and is planned to be reconstructed next year.
Funding for the project is proposed from municipal street reconstruction bonds
and assessments. The first step to issue the bonds is to hold a public, hearing. The
purpose of the public hearing is to hear the public's comments on the sale of the
bonds. By holding this public hearing the Council is not obligated to complete all
the projects but rather is a plan for street improvements that the Council may
consider annually as projects are proposed.
During the public hearing, the public will also have an opportunity to comment on
the Five- Year Street Reconstruction Plan. The Five-Year Street Reconstruction
Plan summarizes the proposed street projects for years 2010 to 2014, identifies
the type of improvements to be made, provides a cost estimate and proposes
funding sources.
A copy of the Five-Year Street Reconstruction Plan is attached to this
background. The Plan identifies the following projects:
Chanhassen is a Community for Life. Providing for Today and Planning for Tomorrow
Paul Oehme
Five- Year Street Reconstruction Plan
December 14, 2009
Page 2
2010 Expenditures - Estimated Cost: $4~900~000
Red Cedar Point Area
Approximately 0.85 miles of street reconstruction at an estimated cost of $900,000. The street
costs are proposed to be funded by the Revolving Assessment Fund.
The streets are proposed to be reconstructed to the existing width and remain a rural section due
to limited area for surface water management.
All watermain and some sanitary sewer will be replaced within the project area.
Erie Avenue Area
Approximately 0.73 miles of streets will be reconstructed at an estimated cost of $1 ,000,000.
The street costs are proposed to be funded by the Revolving Assessment Fund.
The streets are proposed to be reconstructed to the existing width and remain an urban section.
Some storm sewer exists within the project area; additional storm sewer improvements and
treatment is proposed.
All watermain and some sanitary sewer will be replaced within the project area.
g:\eng\pmgmt\20 I 0 to 2014 srp\bkgd 121409 ph 5 yr srp rev.docx
Paul Oehme
Five-Year Street Reconstruction Plan
December 14,2009
Page 3
Audubon Road: Lake Drive to Lyman Boulevard
Approximately 0.77 miles of roadway is proposed to be reconstructed and widened. The
estimated cost of the road improvements is $3,000,000. The majority of the project cost is
proposed to be funded through the sale of municipal bonds; the remainder of the projected will
be funded by the Revolving Assessment fund.
The existing roadway is approximately 24~ feet wide with gravel shoulders. The proposed
street section is a 36 foot wide street with curb and gutter. An existing pond south of the project
limits was designed to treat the majority of the runoff from the proposed street. Staff anticipates
that the remainder of the runoff will be treated by an existing pond northeast of the project limits.
A trunk watermain currently lies within the project corridor. No additional trunk or lateral
watermain improvements are proposed. Many properties within the project corridor are not
connected to City water. Staff will work with residents who wish to have a water. service
stubbed to the property line with this project.
Sanitary sewer is not proposed to be installed with this project since the estimated cost is too
high considering the limited benefit.
g:\eng\pmgmt\2010 to 2014 srp\bkgd 121409 ph 5 yr srp rev.docx
Paul Oehme
Five- Year Street Reconstruction Plan
December 14,2009
Page 4
2011 Expenditures - Estimated Cost is $L500~000
Saratoga/Santa Vera Area
Approximately 0.75 miles of urban streets are proposed to be milled
and overlaid at an estimated cost of $380,000. The project is proposed
to be funded by the Revolving Assessment Fund.
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Approximately 1.14 miles of rural streets are proposed to be milled
and overlaid at an estimated cost of $500,000. The project is proposed
to be funded by the Revolving Assessment Fund.
West 78th Street/Picha
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Approximately 0.71 miles of urban streets are proposed to
be milled and overlaid at an estimated cost of. The project
is proposed to be funded by Municipal State Aid funds
($300,000) and the Revolving Assessment Fund ($320,000).
g:\eng\pmgmt\2010 to 2014 srp\bkgd 121409 ph 5 yr srp rev.docx
Paul Oehme
Five- Year Street Reconstruction Plan
December 14, 2009
Page 5
2012 Expenditures - Estimated Cost: $L 700,,000
Approximately 1.2 miles of urban streets are proposed to be reconstructed to the existing width. The
street reconstruction cost is estimated to be $1,700,000 and funded by the Revolving Assessment fund.
The proposed project will include replacement of all cast iron watermain and the rehabilitation or
replacement of some of the sanitary sewer.
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2013 Expenditures - Estimated Cost: $800,,000
Approximately 1.8 miles of rural streets are proposed to be milled and overlaid to the existing width.
The street cost is estimated to be $800,000 and funded by the Revolving Assessment fund.
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Paul Oehme
Five- Year Street Reconstruction Plan
December 14,2009
Page 6
2014 Expenditures - Estimated Cost:
$LI00'l000
Approximately 0.66 miles of urban streets are proposed to be
reconstructed to the existing width. The street reconstruction
cost is estimated to be $1,100,000 and funded by the
Revolving Assessment fund.
The project will include replacement of all cast iron
watermain and the rehabilitation or replacement of some of
the sanitary sewer.
The Five-Year Street Project Plan does not obligate the City to implement the plan. Staff will continue to
review the street needs on an annual basis and make recommended changes as necessary. Sale of the
bonds for Audubon Road are proposed to take place at approximately the same time the Council will
consider awarding a contract for the Audubon street improvements.
SCHEDULE
The issuance of bonds requires the following:
Reverse Referendum Period Ends
Accept Offer for Bonds; Approve Sale of Bonds
Tentative Closing; Receipt of Funds
Attachments: Resolution
CIF Page
5- Year Street Reconstruction Plan & Map
g:\eng\pmgmt\20 10 to 2014 srp\bkgd 121409 ph 5 yr srp rev.docx
January 13,2010
April, 2010
May, 2010
CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
DATE:
December 14. 2009
RESOLUTION NO:
2009-
MOTION BY:
SECONDED BY:
A RESOLUTION ADOPTING A STREET RECONSTRUCTION PLAN AND
APPROVING THE ISSUANCE OF GENERAL OBLIGATION STREET
RECONSTRUCTION BONDS
WHEREAS, the City ofChanhassen, Minnesota (the "City"), has determined that it is in
the best interest ofthe City to authorize the issuance and sale of general obligation street
reconstruction bonds pursuant to Minnesota Statutes, Section 475.58, subdivision 3b, as amended
(the "Act"), to fmance the cost of street reconstruction projects, as described in the proposed street
reconstruction plan described below, a copy of which is on file in the City's Engineering
Department; and
WHEREAS, pursuant to the Act, the City is authorized to issue and sell general obligation
street reconstruction bonds for street reconstruction under the circumstances and within the
limitations set forth in the Act. The Act provides that a street reconstruction plan may be fmanced
with general obligation street reconstruction bonds, following adoption of a street reconstruction
plan, after a public hearing on the street reconstruction plan and on the issuance of general
obligation street reconstruction bonds and other proceedings conducted in accordance with the
requirements of the Act; and
WHEREAS, pursuant to the Act, the City has prepared a five year street reconstruction
plan, which describes the streets to be reconstructed, the estimated costs and any planned
reconstruction of other streets in the City, including the issuance of general obligation street
reconstruction bonds under the Act (the "Plan"), to determine the funding strategy for street
reconstruction projects; and
WHEREAS, on 14 December, 2009 the City Council held a public hearing on the adoption
of the Plan and the issuance of not to exceed approximately $3,000,000 in general obligation street
reconstruction bonds (the "Bonds") under the Plan for street reconstruction improvements to those
streets described in the Plan (the "Street Reconstruction Projects"} after publication of the notice of
public hearing not less than 10 days nor more than 28 days prior to the date thereof in the City's
official newspaper; and
WHEREAS, all parties who appeared at the public hearing were given an opportunity to
express their views with respect to the proposal to adopt the Plan and to undertake and finance the
Street Reconstruction Projects by the issuance of Bonds and any written comments submitted prior
to the public hearing were considered.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Chanhassen, Minnesota, as follows:
1. City Policies and Goals. The fmancing of the Street Reconstruction Projects and the
issuance and sale of the bonds would further the policies and goals of the City as set forth in the
Plan, herein adopted by the City Council in connection with the issuance of the Bonds.
2. Adoption of Street Reconstruction Plan. Based on information received at the
public hearing, such written comments (if any) and such other facts and circumstances as the City
Council deems relevant, it is hereby found, determined and declared that:
a. the Street Reconstruction Projects proposed in the Plan will allow the City to
upgrade its transportation infrastructure; and
b. the Plan is hereby approved and adopted in the form presently on file with the City.
3. Authorization and Approval of Bonds. The City is hereby authorized to issue the
Bonds, the proceeds of which will be used, together with any additional funds of the City which
might be required, to fmance certain costs of the Street Reconstruction Projects and to pay costs of
issuance of the Bonds.
4. Execution of Documents. The Mayor and City Administrator are authorized and
directed to execute such other documents and instruments as may be required to give effect to the
transactions herein contemplated.
5. Voter Referendum Contingency. Pursuant to the Act, a petition requesting a vote on
the question of issuing the Bonds, signed by voters equal to five percent of the votes cast in the last
municipal general election, may be filed within thirty days of the public hearing. Upon receipt of
such petition within the prescribed time period, the City may issue the Bonds only after obtaining
the approval of a majority of the voters voting on the question of the issuance of the Bonds. The
authorizations and approvals contained herein are subject to and contingent upon not receiving such
a petition, or, in the event such a petition is filed, the approving vote of a majority of the voters
voting on the question of the issuance of the Bonds.
Passed and adopted by the Chanhassen City Council this 14th day of December, 2009.
ATTEST:
Todd Gerhardt, City Manager
Thomas A. Furlong, Mayor
YES
NO
ABSENT
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Capital Improvement Program 2010 thrn 2014 Department Street Improvements
City of Chanhassen, MN Contact Paul Oehme
Project # ST -012 Type Improvement
i . Useful Life Unassigned
Project Name Annual Street Improvement Program Category StreetslHighways
Account #1 601-xxxx-4751 Account #3 Priority nla
Account #2 Account #4
Description I Total Project Cost: $8,300,000
I
: Annual project to rehabilitate and reconstruct streets in the City. Current 5-year plan shows the following neighborhood areas:
Residential 2010 - Erie Ave area and Red Cedar Pt (Reconstruction)
2011 - Timberwood, Saratoga, Santa Vera, Chippewa, Picha and Kerber (S ofW 78th)
2012 - Greenbriar, Fir Tree, Elm Tree, Dogwood, Shore Drive and Maplewood Circle (Reconstruction)
2013 - Greenwood Shores
i 2014 - Dartmouth Drive and Cypress Drive
i
: MSA 2011 - West 78th Street (Powers to Market)
i
Justification I
The City uses a Pavement Management system to monitor the condition of the City streets. While proper preventative maintenance extends the
life of the street and is cost effective, a street will eventually deteriorate to a point that further maintenance is no longer cost effective.
Rehabilitation projects extend the life of the street. In cases with utility or poor sub grade needs to be replaced or where streets have deteriorated
to a point where rehabilitation will no longer be practical reconstruction of the street is necessary. A feasibility study is written to consider the
; merits of the project and scope of work.
i
I
Prior Expenditures 2010 2011 2012 2013 2014 Total
I 1,300,000 I Construction 1,900,000 1,500,000 1,700,000 Boo,ooO 1,100,000 7,000,000
Total Total 1,900,000 1,500,000 1,700,000 800,000 1,100,000 7,000,000
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; .Prior Funding Sources 2010 2011 2013 2014 Total
2012
I I 1,300,000 I Assessment/Revolving Assess
i 1 ,900,000 1,200,000 1,700,000 Boo,Ooo 1,100,000 6,700,000
I Total MSA 300,000 300,000
Total 1,900,000 1,500,000 1,700,000 800,000 1,100,000 7,000,000
,
I
I Budget Impact/Other I
This project may decrease maintenance costs.
Prepared by:
Engineering Department
City of Chanhassen
7700 Market Boulevard
P.o. Box 147
Chanhassen, MN 55317
Format and information provided by Ehlers & Associates, Inc.
Table of Contents
I. INTRODUCTION.......................................................................................................3
II. PU RPOSE .................................................................................................................3
III. THE STREET RECONSTRUCTION PLANNING PROCESS ............................................4
IV. PROJ ECT SU M MARy............................................................ .... ................................4
V. FINANCING THE STREET RECONSTRUCTION PLAN .................................................8
PROJ ECT COSTS.............. ............................ .................................... .APPEN DIX A
PROPOSED SRP BOND ISSUES .........................................................APPENDIX B
PRE-SALE SCH EDU LE ......................... ...... ........................... ............ .APPEN DIX C
RESOLUTIONS/NOTICE OF PUBLIC HEARING ..................................APPENDIX D
2010 to 2014 Street Rehabilitation Plan
Page 2
City of Chanhassen
Five-Year Street Reconstruction Plan
2010 through 2014
I. INTRODUCTION
In 2002, the Minnesota State Legislature passed into law a bill which generally exempts
city bonds issued under a street reconstruction program from the referendum
requirements usually required for bonding expenditures.
II. PURPOSE
Street reconstruction is a major expenditure of city funds for the reconstruction of streets.
Street reconstruction may include utility replacement and relocation, public safety street
modifications, and other incidental costs, turn lanes and other improvements having a
substantial public safety function, realignments, other modifications to intersect with
state and county roads, and the local share of state and county road projects.
Except in the case of turn lanes, safety improvements, realignments, intersection
modifications, and local share of state and county road projects, street reconstruction
does not include the portion of project costs allocable to widening a street or adding
curbs and gutters where none previously existed. A Street Reconstruction Plan (SRP) is a
document designed to anticipate street reconstruction expenditures and schedule them
over a five-year period so that they may be purchased in the most efficient and cost
effective method possible. A SRP allows the matching of expenditures with anticipated
income. As potential expenditures are reviewed, the city considers the benefits, costs,
alternatives and impact on operating expenditures.
The City of Chanhassen, Minnesota (the "City") believes the street reconstruction process
is an important element of responsible fiscal management. Major capital expenditures
can be anticipated and coordinated so as to minimize potentially adverse financial impacts
caused by the timing and magnitude of capital outlays. This coordination of capital
expenditures is important to the City in achieving its goals of adequate physical assets and
sound fiscal management. In these financially difficult times good planning is essential for
the wise use of limited financial resources.
2010 to 2014 Street Rehabilitation Plan
Page 3
The Street Reconstruction Plan is designed to be updated on an annual basis. In this
manner, it becomes an ongoing fiscal planning tool that continually anticipated future
capital expenditures and funding sources.
III. THE STREET RECONSTRUCTION PLANNING PROCESS
The street reconstruction planning process is as follows; the City Council authorizes the
preparation of the Street Reconstruction Plan (SRP). The City staff is instructed to
assemble the capital expenditures to be undertaken within the next five years. The City
Council then reviews the expenditures according to their priority, fiscal impact, and
available funding. From this information, a preliminary street reconstruction plan is
prepared. A public hearing is held to solicit input from citizens and other governmental
units. Changes are made based on that input, and a final project list is established.
The City Council then prepares a plan based on the available funding sources. If general
obligation bonding is necessary, the City works with its financial advisor to prepare a bond
sale and repayment schedule. Over the life of the SRP, once the funding, including
proceeds from the bond sales become available, the individual capital expenditures can
be made.
In subsequent years, the process is repeated as expenditures are completed as new needs
arise. Street reconstruction planning looks five years into the future.
For a city to use its authority to finance expenditures under Chapter 475.58, Subdivision
3b, it must meet the requirements provided therein. Specifically, the city council must
approve the sale of street reconstruction bonds by a unanimous vote of its membership
present. In addition, it must hold a public hearing for public input. Notice of such hearing
must be published in the official newspaper of the city at least 10, but not more than 28
days prior to the date of the public hearing. The city council approves the SRP
unanimously following the public hearing.
Although a referendum is not required, a reverse referendum is allowable. If a petition
bearing the signatures of at least 5 percent of the votes cast in the last general election
requesting a vote on the issuance of bonds is received by the municipal clerk within 30
days after the public hearing, a referendum vote on the issuance of the bonds shall be
called (if a vote is taken and the referendum passes, the taxes would be levied on market
value rather than tax capacity).
IV. PROJECT SUMMARY
The expenditures to be undertaken with this Street Reconstruction Plan (SRP) are limit:d
to those listed in Appendix A. All other foreseeable capital expenditures within the City
2010 to 2014 Street Rehabilitation Plan
Page 4
government will come through other means. The following expenditures have been
submitted for inclusion in this SRP:
2010 Expenditures
In 2010 full street reconstruction is proposed in three areas ofthe City.
A. Red Cedar Point Area
The Red Cedar Point Area includes
approximately 0.85 miles of paved streets.
The streets within this area are rural section
with no defined ditches. The streets will be
reconstructed to the existing widths due to
site constraints. A minimum amount of
concrete curb and gutter is anticipated to
be added to this area in conjunction with
this project.
There is no public storm sewer within the project area. However some storm water
improvements will need to be incorporated into the project.
Staff has identified potential sites to install stormwater attenuation features, including
the property between Red Cedar Point Road and South Cedar Drive that contains a
wetland.
B. Erie Avenue Area
The Erie Avenue Area project includes the
reconstruction of approximately 0.73 miles of
streets. The streets within this area are urban
section within a 50 foot wide right of way. The
streets will be reconstructed to the existing
widths.
Storm sewer exists within this project area. The
storm water runoff of this area is already treated
by a storm water retention pond that is
adequately sized. Major storm sewer upgrades
are not anticipated for this area, however some
storm sewer pipe will need to upsized and
draintile will need to be installed in the back of
the curb throughout the project. Some storm
sewer manholes will need to be reconstructed.
2010 to 2014 Street Rehabilitation Plan
Page 5
C . Audubon Road (Lake Drive to Lvman Boulevard)
Approximately 0.77 miles of Audubon Road
between Lake Drive West and Lyman Boulevard is
proposed to be widened. The streets within this
area are rural section with gravel shoulders and
ditch section.
The roadway is proposed to be urbanized and
includes the construction of turn lanes. A 10' wide
trail shall also be included in the design. For
reference, the typical street section of Audubon
Road north of the project area is 44' wide.
Storm sewer and public utility improvement
design is not included in the scope of this work.
2011 Expenditures
Four areas are proposed for mill and overlay in 2011.
A. Saratoga/Santa Vera Area
This portion of the project includes approximately
0.75 miles of urban streets. The streets range in
23 to 30 feet in width and are urban cross section.
Minimal curb and gutter repair will be included in
the project. Storm sewer improvements are not
anticipated with this portion of the project.
2010 to 2014 Street Rehabilitation Plan
Page 6
B. Timberwood
The Timberwood area includes 1.14 miles of 25
foot wide, rural streets within a large-lot
residential area of the City.
The project will not increase the width of the
street and will not include storm sewer
improvements.
C. West 78th Street/Picha
2012 Expenditures
The 2012 project includes the
reconstruction of approximately
1.2 miles of streets within the
Minnewashta Heights area
located on the northwest side of
Lake Minnewashta.
The streets vary between 25 and
28 feet wide and will be
reconstructed. Storm sewer
improvements will be included in
the project where possible.
2010 to 2014 Street Rehabilitation Plan
This portion of the project
includes the mill and overlay of
approximately 0.71 miles of
urban streets within the
downtown core of Chanhassen.
The streets range between 29
and 62 feet wide. Minor curb
and gutter repair and storm
sewer improvements are
proposed.
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2013 Expenditures
The proposed 2013 project includes the mill and overlay of
the Greenwood Shores area._Approximately 1.8 miles of
streets are proposed to be milled and overlaid within this
area.
The streets are between 21 and 25 feet wide. There is no
curb and gutter existing or proposed. Some storm sewer
improvements are anticipated.
2014 Expenditures
The 2014 street project includes
reconstruction of approximately 0.66 miles
of streets on the northwest side of Lake
Minnewashta. The streets vary between 20
and 25 feet wide and will be reconstructed.
Storm sewer improvements will be included
in the project where possible
V. FINANCING THE STREET RECONSTRUCTION PLAN
The total amount of requested expenditures under the Street Reconstruction Plan is
$10,000,000. If these expenditures are to be funded, that amount of money is anticipated
to be generated through the tax levy and the sale of $3,000,000 in bonds over the five-
year period.
In the financing of the Street Reconstruction Plan, one statutory limitation applies. Under
Chapter 475, with few exceptions, cities cannot incur debt in excess of 3% of the
assessor's taxable market value for the city. In the City the TMV is $3,394,928,100.
Therefore, the total amount of outstanding debt cannot exceed $101,847,843. As of
December 31, 2008 the City had $34,925,000 subject to the legal debt limit.
Under the Street Reconstruction Plan, the City will secure $3,000,000 in general obligation
bonds in the year 2010 to finance City Project 10-02, Audubon Road Reconstruction. The
general obligation bond issue will be repaid over a ten-year period. The par amount of
each issue is based on the amounts listed in Appendix A plus estimated issuance costs.
2010 to 2014 Street Rehabilitation Plan
Page 8
The proposed general obligation street reconstruction bonds (including issuance costs)
are shown in Appendix B.
Continuation of the Street Reconstruction Plan
This Street Reconstruction Plan should be reviewed annually by the City Council using the
process outlined in this Plan. It should review proposed expenditures, make priority
decisions, and seek funding for those expenditures it deems necessary for the City. If
deemed appropriate, the Council should prepare an update to this Plan.
2010 to 2014 Street Rehabilitation Plan
Page 9
APPENDIX A
ESTIMATED PROJECT COSTS
Estimated EXDenditures
Assessment/Revolving Municipal Bonds Total
Assessment Fund State-Aid
2010 $1,900,000 $3,000,000 $4,900,000
2011 $1,200,000 $300,000 $1,500,000
2012 $1,700,000 $1,700,000
2013 $800,000 $800,000
2014 $1,100,000 $1,100,000
$10,000,000
2010 to 2014 Street Rehabilitation Plan
Page 10
APPENDIX B
PROPOSED SRP BOND ISSUES
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$2.980,000 0.0. Street Reco!lSltUctiQn Bonds, Series 201 0
Sources & Uses
$01.111;" Of Funds
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2010 to 2014 Street Rehabilitation Plan
Page 11
APPENDIX C
PRE-SALE SCHEDULE
The City Council must take the following actions before Bonds can be issued:
1. City Council directs preparation of a 5-year Street Reconstruction Plan.
2. City Council conducts a Public Hearing on issuance of Bonds and Street
Reconstruction Plan.
3. City Council approves Bonds and Street Reconstruction Plan by a
unanimous vote.
Below is a timetable for completing these steps:
November 9, 2009
November 26, 2009
December 14, 2009
December 14,2009
January 23, 2010
January 25, 2010
February is, 2010
City Council adopts Resolution calling for Public Hearing on issuance
of Bonds and on Street Reconstruction Plan
Publish Notice of Public Hearing on Issuance of Bonds and on Street
Reconstruction Plan (publication no more than 28 days and no less
than 10 days prior to hearing date)
Council holds Public Hearing on Bonds and on Street Reconstruction
Plan and adopts Resolution giving preliminary approval for their
issuance and approving Street Reconstruction Plan by unanimous
vote of its membership present.
City Council provides for sale of Bonds.
Reverse referendum period ends (within 30 days of the public
hearing)
City Council accepts offer for Bonds and adopts Resolution
Approving Sale of Bonds.
Tentative closing/receipt of funds.
2010 to 2014 Street Rehabilitation Plan
Page 12
RESOLUTIONS/NOTICE OF PUBLIC HEARING
APPENDIX D
2010 to 2014 Street Rehabilitation Plan
Page 13
5 Year Street
Reconstruction Plan
City Project 10-02
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2010
.f\, t'
/\. /1
; '~,;/'
~I' "'vi'
2011
/V
2012
/V 2013
.
I
i
~'
Raguet Wildlife
Management Area (WMA)
/V 2014
N
W+E
S
December 9. 2009
G: \ENG \Joleen \ EngProjects \Bill\20yrStlmp