Loading...
A-2. Key Financial Strategy: Pavement Management CITY OF CHANHASSEN „ 9 S Chanhassen is a Community for Life-Providing for Today and Planning for Tomorrow Ng AS MEMORANDUM TO: Mayor& City Council FROM: Greg Sticha, Finance Director DATE: September 25, 2017 O `' SUBJ: KEY FINANCIAL STRATEGY: Pavement Management Discussion of Funding Options for Street, Existing Trail and Parking Lot Improvements BACKGROUND On a couple of occasions earlier this year, staff discussed with city council various street, existing trail, and parking lot improvement needs going forward into the future. Tonight staff is going to explore a multitude of options to maintain and fund local street, existing trail and parking lot improvements improvement's in the city's revolving assessment construction fund. ANALYSIS OF ASSESSMENT PRACTICE One of the questions raised at our previous meeting surrounded our current assessment practices. Therefore, staff will be reviewing our current assessment practice and the pros and cons of making adjustments to our current practice: In 1993 the city assessed Chanhassen Estates subdivision(project#93-10) for a street reconstruction project in the amount of 40% of the street and storm sewer cost. This project appears to be the first street reconstruction project the city completed and has set the precedent for the current assessment practice. In 2001 the assessment practice was drafted and used for the Pheasant Hills Street rehabilitation project. In 2007 the assessment practice was updated to better identify deferment of assessments for hardship cases. In February 2010 the assessment practice was updated again to give the City Council more flexibility on setting assessment amounts and identifying how interest rates shall be set(practice attached). The City of Chanhassen's Assessment Practice is intended to provide direction to city staff for preparation of assessment rolls for public improvements to ensure fair and consistent treatment of all properties within the city. The average street reconstruction project cost is about $8,300 per parcel. The average full-depth mill rehabilitation project is around $3,800 per parcel. Some cities use front foot calculations for determining assessment amounts. For residual areas, the city PH 952.227.1100• www.ci.chanhassen.mn.us• FX 952.227.1110 7700 MARKET BOULEVARD • PO BOX 147 • CHANHASSEN • MINNESOTA 55317 Mayor& City Council Pavement Management Funding Options September 25, 2017 Page 2 distributes the assessments equally over each residential parcel that has access to the project area. This has been an easier way to explain the assessments to property owners. The city has used lot size for calculating assessments for more complicated project areas such as business parks or the downtown. Assessing 40%of the benefiting street costs has always been used in these cases. This method has seemed to work well since a small lot or business may be next to a larger business or a business may not have direct access to the road being improved. Other communities assess more than Chanhassen, and some communities do not assess anything for street projects. The communities that do not assess have typically paid for street improvements through the general levy and bonding or franchise fees. Staff has evaluated the option of increasing the assessment amount to 50% of the benefiting street costs. The estimated assessment for street reconstruction projects would be$10,300. The estimated assessment for a full-depth mill rehabilitation project would be$4,750 per parcel. Assessments must be based on a benefit to the property as required by MS 429. The city has completed special benefit consultation reports by appraisers for past projects that have shown the current assessment practice is justified. Raising the assessment amount to 50% or more would potentially be greater than the benefit of the project and thus could be challenged. In addition,raising the assessment percentage would be a harder sell to property owners and would likely get a pushback on projects at the public hearings and assessment hearings. If the city would eliminate the assessment practice and not assess, the levy would need to be substantially increased to maintain a 70 OCI or a significant franchise fee would need to be approved. Past property owners who have been assessed may not like the fact that new projects are not assessed and ask for their assessment to be eliminated or the city pay them back. Staff feels the current assessment practice has served the city well for over 17 years. Any significant changes to the current assessment practice may be hard for the community to accept. OPTION ASSUMPTIONS Based on the information and recommendations presented by Mr. Oehme, staff will frame the various funding options by either keeping the current assessment practice at a level of 40% or eliminating the assessing practice all together. Staff is also assuming that based on previous discussions with city council they would like to maintain the current OCI of around 70 of our streets, existing trails, and parking lots. In order to maintain that OCI, funding would need to be between $3.1 M-$3.4M starting in 2022 based on previous discussions. Therefore, staff is going to use a funding level of$3.2M starting in 2022. Attached you will find the estimated impact to OCI at$3.2M. We also included a chart of the impact to OCI at current funding levels (average about$1.5M/year). Mayor & City Council Pavement Management Funding Options September 25, 2017 Page 3 ELIMINATING 40% ASSESSMENT PRACTICE (Assumed elimination in 2022) Option #1 (Using Levy only to fund street, existing trail, and parking lot improvements): By eliminating the 40% assessment repayment and by using only a levy to pay for the improvements, starting in 2022 the levy would need to increase by approximately $2.8M. The impact on the average home in Chanhassen would be an increase to the city portion of their property taxes in the amount of $280-$300. Option #2 (Maintaining the current $380,000 levy and using a franchise fee to make up the difference) By eliminating the 40% assessment repayment and using only the current levy to pay for the improvements along with the implementation of a franchise fee in 2020, a fixed franchise fee for residential users would need to be $6.00 (instead of the previously discussed $3.25) and some additional adjustments would need to be made to commercial users (see attached schedule). MAINTAINING 40% ASSESSMENT PRACTICE Option #3 (Using levy & repaid assessments to fund street, existing trail and parking lot improvements): If the current practice of assessing 40% of annual street reconstruction/improvement projects continues and a levy is used to pay for these projects, a levy increase of approximately $1.9M would be needed. The impact on the average home in Chanhassen would be an increase to the city portion of their property taxes of $170-$190. Option #4 (Maintaining the current $380,000 levy and using a franchise fee to make up the difference) If the current practice of assessing 40% of annual street reconstruction/improvement projects continues and a fixed franchise fee is used to pay for these projects starting in 2020, the fixed franchise fee would need to be $3.25 for residential users (see attached schedule). PARK & PLAYGROUND EQUIPMENT REPLACEMENT One additional infrastructure/asset consideration is our aging existing Park and Playground Equipment. The majority of these assets were put in place around the same time the streets were constructed in the 1980s and 1990s, and many of those assets are nearing the end of their useful lives. A separate fund, funding source, and schedule should be considered to plan for these upgrades or replacements. Mayor& City Council Pavement Management Funding Options September 25, 2017 Page 4 In addition, the Capital Equipment Replacement Fund has not had an increase in its levy since its inception in 2005. The reserves that were built in that fund in the early 2000s are now being used to supplement current spending that is exceeding the $800,000/year levy. Current reserves in the fund are approximately$1.6M and the next five-year CIP has a number of significant capital needs that have been delayed as long as possible. It is estimated that by the end of 2021 reserves in the capital equipment replacement fund could be less than one year's worth of levy dollars ($800,000) and with equipment replacement costs continuing to rise, there will be a need for an increase to the capital equipment levy. With the knowledge of the need for funding dollars for each of these capital needs, staff believes it is important to strategically plan to use the reduced Library Bond Debt Levy($465,000) for the capital needs of park facilities,park playground replacements and city equipment needs, and potential other public safety needs in the city's General Fund and not to use that levy for the revolving assessment street reconstruction fund. STAFF RECOMMENDATION With all of the information noted above, and the intention of keeping street condition levels near current condition levels, along with the need for the Library Bond levy for purposes other than street, existing trail, and parking lot improvements, staff is recommending the implementation of a fixed franchise fee to fund local street improvements into the future of$3.25 for residential users. The use of a franchise fee seems to be the most equitable to varied users of the local streets in the city. While the use of a levy is also an option, staff feels that an unfair amount of the burden becomes shifted on residential property owners as compared to other property types. ATTACHMENTS 1. Revolving Assessment Street Reconstruction Projection with option#1. 2. Revolving Assessment Street Reconstruction Projection with option#2. 3. Revolving Assessment Street Reconstruction Projection with option#3. 4. Revolving Assessment Street Reconstruction Projection with option#4. 5. Chart Showing Local Street Mileage per Decade. 6. OCI chart at $3.2M/year funding. 7. OCI chart at $1.5M/year funding(current funding level). 8. Ehlers' analysis of fixed franchise fee at$3.25 for residential. 9. Ehlers analysis of fixed rate needing$2.25M starting in 2020. 10. Current Assessment Practice. \gregs\franchise fee discussion 2017\street funding options 9-11-17.docx V COO) U)O . Cr r rN (OD V s- NO (00CO 4) �M O CO N MO MD7 co NNco 0O (OM r0) o O(O a 0 r O N 7x-N CO' Cr CD CD CO 0)0 r CO 0 U)03 N- 0) 0)Co 0 t`O CD 0)u) h N CD U N CO, U)O h (0 N- O N h cm N U)V O O co C0 Co D)CO CO CO r CD 0)0 CO CO r r 0) CO N O U1 M 0 0 0) 0) 49- co nM r N r Co CO Ns r O 0)O CD Ns O1 0) N h CO OD OD NO 0 (OM 0 N- OCD 0)M U1 Cl.O O 0)V U) M r CO O CO N O C0 O h MO co co N N N 0) U)O N- N 0 M0) 0 C O CO U)N Or N co.co_ co.. NCA N CO r N N M CO r r 69 N�1. CO 0)O CD Ns CO 0) r N N- N- N-h 0 OO CO NCD CON CO O(D co_co_N 00. 4) co..0 NM r M h I-- 0)M N COO Co 0CO OM CO CD OD N O00N N U) 'V Or 0(0 CO O(D N NON Nr co ti O O 63 NN VD CO r N N Co Co N N Ea CO..n O CO 0 0CD 03 r N Ns N NON- Ns O CO NO 0O N CO O CO CD COO) 0)O co. co..N. n0 O NIM N CO 00 NO CO 0 C)00 0(0(0(0 COO'0.- W 0 0 CO V N 0--N 69 N M r N N M co N N 69 CH CD v-CD CO 0 O CO N CD r CD(O N-N Ns N CD Co 0)O O N N- O N- Co N CO O CD 1�(OO OO O N-0) 0)C) N-ON-MN- N CO CO 03 W 0 OJ (D 0) N N 00 00 c0 a0 O CD CD Ch Cr U) 0 m 0 Cr CD 00 CO O(D N 0 Co O co.r co 0 r r N cfl N M 01 a- r C. MN N E9 63 V3 O N CO N O 0) O r N-W CD CD lO r N N- OD OD O N MO O 00(D MO) O CO N CO O CO co..01 Cn co..co.. r W co.. N O U1 N_O N M r N 0 N-CO 0 0 0 r (D N r'V 0 W CO W CD CA 00 r U) CD O M0 CO 0O CO O CO N Co Co O Cor CO CO W CO —.N a-69N69 COrN CorC)r r EP)69 Ea 000 M0 Co OCO CON Cr CD 0)U)N-N N- 000 010 CD CD 0 Ns 01 00 Co N CO O CO CO CD Cr.(O 010 r ON- CO(O COU)r-ca„r Mh N CO CO r Ns COC) C00 CON-7ONCOCO CD m N- 00 U) O 0)0 CV Ns r CO 00 CO O CO N N Co D) CD T.. OD NM Co cAN b9 N(fl C)r M M r r 63 69 69 H9 It 000 NO U) OM OM N a CD CD 0 Ns N r 0 0 0 00 0 OD 0 0 0)CA N 0 0 CO N CO O CD N 000 NIO N O U) 0O U)COU)N-ON-C1 N• O N 000 V'O 0) O0 C)N- r co ti 0000 COM p 000N CO U) W O N- r CO COr MOOCOOCO N N N O r CO N CO (D b9 0')N V3 N cA +/�r CO) N- .__r .---.M CO) 63 69V3 cA 0 O 0 0 0 U)CO M O� O• N N-N 0 01 0)U)h N 000 c0M CO OU) 01 OD ON CO O Co N COO 000 'V N CD 0U) N N r U)OU)rO N:.CI, i CV 0 0 0 CD_ O Co 0 N h C0 h 0 0 c0(O p 0 c CO 0Ns O O(O •-•0 0000r Co 0O COO N 0U) MM O REFI N -.69 C 000 OM CO 00 U0 U) 0 Ns N 0 CA CD U)n 000 0N CO CD CO C)0 O0N U)O Co N CD LL 00CO U) CO O h CO0 U)r U)OtO NCO N- N 0 0 co. 'Cr CO r 0`Cr CO CD CO N-M r 0 O c0 O N CO r N- O Co 0 0 CO M r Co O O CD }I N M."--• CO CO MM Co rEAV3r(flNN69 — ^ 69 EP,69 C C)V r CO 0 E 0000 NM r OD7O Ns ON N 0 CD 0)c0 O O O O O h N W O V' 0 CO 0)O 0 N 0 0 Co N ,^ 0 0000 h (ON Co 00 W CO Nco r cn C0 C0N�0 VJ 000 0'0 Co O 00 00 N-0)QO N-U)N-0 O /� O V'O C0 O Q1 W N O 0 Co h 0 CO CO r Co 0 0 V^J, N r c U)T- U)M CO r Is-,Ns - 69Vi N ,W, r .... r CA cfl EA VJ 0000 CO CD 001 CD OD Nr Cr Ns NO 0)CD 00000 O D M c 0 ON 0 r 00 CD O 0 N c 0 0 Co O OOOh O W N- O0 N(D co.N Cnr U1 CD U N- CO 00000 O0 N ON Co N N-0)00 N-U)N-0 O0ON W Q)CO V' Oc0 M0 NNs O CO OD c-0O O COCCD 0)N-r 0)M OD co U) U) r r CA Ki EA N 69 EA C N r r O 0 0 0 Co W U) ON- CO U)rr 0 r N 0CD 0 0 0 O CO Co O(O • W O OD CA O Cr N c0 0 r 000 Ns.. CI OZ W CI C1 00 N- MN Cnr U)(OU) U)0c0 Cr 0V 0 cOo 0)O NN N-CA W N-U)N� ^, p r CO r W CO m r-l'.... r CA U)N n O CO CO Cor A4'J N N.M O) 1 co.M CO N.W 0) r r(A(fl r�EA I..L C) ,-.•r N CO 02) (D a., N U) p-P3 y c0 CO r OD CD O r N Co 0 CO CO Ns CO CD C' O N O O O O O O N N O OO) e. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 r N 0 `O0.0 O N N N N N N N N N N N N N N N N N T C C O() a C a (a > N O N y J ti 0 a) 7 0 ✓C" W 0 ~ • N0 U C L (0 V N '8 > Uul C ((� N WOm E Nm > W L N O 0 2 ' O() O O ) ' 0 ., N O E co n c a u--O E C.)_a U E N } O Nt m 0 ,, U V,2 Nm t m >,N U N CL)'I' W a >C4 O d W> 'O NCa Ca a) 0 <O LL w a 2 2LL CL co a v 0 0) UD o v 0 (O(O0) N0 CD CO NCO co, r N-C co 0 Orn 010 Mr(4 of 0 M0 r r.-- CO in NO V ,I. pD 0°) °) N cP e-N c-N d' co )co n o r 0 CO r U) t` vUi NM s-0 CO (UDCO CO CV M M r CO 0) 0 V_ co 0 Co U)0 0 0) Co co r-co co O co co r CO V N N o)U)CO h CO O)U) 0. CA M a-CV" NN Mr r hN0 UD 0 O) P--CO r N- N N UO CO CO M0 N COM MCO 0 CO o)MU) V O O 0)U) UOr MIS N O N r-0 Un co0 r Cr CO (O CO N NN C) Ns CD N- NM CO c0 OCO O CO U)N co.al N CO r` n NCA N M r N CO N CO N N 69 r TT.CO 0)O UD iso n U) NNh r`r-0 COO M Ns CV O M CO CD UO CO COLO r 0 N UR.q. V r Mr: r a)C)U) -0 co) U)N r- Co co co N 0 CO N r 0 V 0 0 r`r` CO 0 CO N N-V:CICO CO CO n CO (D CA CV 69 CO a--N 'N COM co CO v-Ns N-0 NO 0)0) CO N-N r` N U)N- NO CO NUD OCO N CO O CO (D.N U N O CO CO V r. 0 r-co N. CO O O co 0 C') U) U) 0 CO UD CO N O V co V'O 'V OCo co h 0 CO 0 CO 0 (O V Co UO V rn N M CA N CA N CO rN crN CO Cr V 69- N CO CO NO O COr U)N- O)U)Ns CV N NO)M COO O NN CON MN CO 0 CO U) h(00 MO co P.-CV 0)N f�0 N...CO. N CO CO CO Cfl 0 Co N CO m-C'O '7 0 CO CD CO CD C)C)0) C)0 V O)V o)V 00(O O CO N V M O C)c0 U V N- CO N r CA N CA Co v N cf CV Ch V V CA CA to ON CO 00 0) 00) NCO C)C)U)N-CV Co CO CV C)0 O 03a-- CO O M N CO ON ,I, coo 0 r0 r Cov 0)M u,r•-..O r�C N- N Cr I---CO r`0 UO V co r-ca. r V 0 co NN O C)U)M 00 Co 0)C) C)C) CO o O UO O UO N Cl.M O 0 co co co co 0) CA N r CA N69 M r CV CO CV C')V V 69 CA 69 000 COO CO o 0 00 V O)a)U)Ns CV N- Opp V O CO O NO) U)0 CO N CO O CO r-) CD<1.CO N O r O0 rr co U)N-0r CO r-- N O Co r- MO Na) Nh U)r:V O co'CO CO CD O) r 00 O 0)O C)0 r M 00 CO 0 CO N N C)C) Co N co N R. O CA N CA NCA CD y r V N v C U) CA 69 69 CA N It000 C)0 U) OU) r CO N V 0)O)U)r-CV N- 000 h 0 CO OCD Co.7 N U)0 M N C00 CO N OOO n O N 00 rN UR.UR.U)r�O r�C')r` O N 000 0)0 O) 00) -a=co NU)N- 0Co Co p O co NO N 0 0 0)0 CO r M 0 0 N O(O N N Nrn V N Co Cl.h Co C9r CAN Co N Co .4 CD yr V N M'0 V Co 63 EA Co CI- 0 LO O O O N O U) O N- U) N o) h N V 0)0)U)h N 000 U)O CD Or CO N- 'a NIOO MNNO 000 V O CO or CO h r Un CO U)h0 r-CO i Cy 000 V 0 CO 0M (O0) Nh U))N-V ON UO O 0 V CO N O O O CO CO N. NNr CO O O CDO N 7.v CD O)CO 0) M V Co Co.-Co N Co N r N Coe-V' cr CA CA Co C 000 00 Co O h V N V N-CV V C)C)U)N- 0OO U)0 CD 0 CO CO OcrN U)O M N CD 000 oo Co or rev UDr(q(Da>r-,or N 000 vo oN rev a)CN-U)N- 0Co O N CO I-0 r O Co M N0 CO CO r M 0 0 C 0 ice/ N0 M M 0) N-R. Co coCO C -Co eaCAN Co C CO V r N y r r rM CA b9 (1) I E 0000 NM r 00) O N-V Ns CV V 0)U CO 0000U) r N O) O� OU) CD CD VI-CV U)0 MN U) U O O O O r- CO N CO 00 co.Co N UDr U)(D U)N-0 V'^ 0000V CO O 00 V h a)Co h U)N-V0 V, OC'CO U)C) CD CO N CD,h CO I- N-O Co Cor M 00 a) N V CO V CO Co v h N- '-Co Co Co N Co E9 E9 C''!) ^ 0000r CO C) CD CD CD CO NN- r-N V C)C) 0000UD NM U) ON ° C Na)0 V N U)0M OOOOh ON n 07 N N M N U)r U-'CO U)N CO 0 0 0 0 cl 0 V N O N CO CV r-0)Co N-U)rr V O V CD U)C) 0)N 'C O(D M0) CV Ns 0 Co Cor M0 O N(v Q)h r 0)co Co co U) U) r r CO b9 b.).N C N r .,..7„ r CA 69 O 000 MN CO CN- M CO r h7 r-N V 0) 000 U) N CO CD CO CO C)NO)O V'N UD0 I 000 n Cl.N Co 0(O 0O r-C')N U)r U)(D Lo U)0 U) V a)V co a-) 0O co 01 r a)Co r`U)r` ^, p r CO r NN 0) r r r C) U)N r O CO NrM 4/ N N M C) V (O M UO N O) O) r r CA CA CA M N CO Co (U :O O n U) j p 0 0 U)CO h CO O)O r N co V U)0 h co 0)O CV 0 0 N N e. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 r N (.) `p L E N N N N N N N N N N N N N N N N N C C C) R) ^C) O E N w a CU o 7) N""�O C) N '0 iD N O W a H O N v U > N,Q m Co } cf Ui ) (4 0 0 C0 y c E:.aa ym > w �@_ m o CD U C N N C (U 0 E `m a c m LL a E V rt�t 0 J m E E } y 0�1,4, -0 T I CO 0 0 2 2 2"-0 m m N O <0 tL—, Ce 0_E C LL CC co 0 V(00) (00 M C'0 00 O N M O CO CO O CD (0(0 0) CD O (O CO OD (O(L)M O U[) r M C N O 0 COO 0)O) 00N00 X0)000 1I0 M N O')O COO1 W V- CO 0 O N CO (0(O M ti)CV M N O N- CO4)0) `-'O) O0 NMM V 0 0 co.V .-C) r O N N N N N N N N N C'n-N ' N r- C' E9 69 E9 U)63 63 EA E9 CO O)CO NO V O' r0 r O N CO 0 CO M0 O)CO co O)0 C' O)C0 CO CO CO CO CO O N N` M. M W O M. (O W <I-Ci N`OON(01-O 0) co V c00 (00 NC) CD O co N N l0 co. N MN-(0 00 CD O MN `-'N 0000NMM 0 0)(0M 0) CO 0)� Vf N N N N N NN N M a-N N M y ... U3 EH 69 M 63 E9 69 N.N0 M O CO R6 V m N r O N MO CO M (O N OO 00 N- (00) 00) C)CO(0 U)M ON y- e.C N MO O 0)`- r OO co N- ON(0 a-0) CO 0N COO O) OO s-0 O COO CO N(O(0 N N N 6) MO CO N CO COSO(000 N M 0 CV NN �C) (D co, NC)NNNNN N N M vN `-'N s- v N Vf 69V3 63 EH E9 n c(0 TY TO O h0 VM N-N h 0 N MO CD CT h0 C'0 M N-CO O O00 C0(O CO MO U) r OW W 00 O (OW (OM N-chh O ON CO'- N O)M U) (0O C6 6)O N CO CO CO CO O N 0(0 p ONN NO O co0M "M (0O 0000 N N Ns_.V N ,-CO d r N•,- 69 N E 9 N N N N N • T-N vN M... C9 (A 69(9 E9 E9 W.-.r �O 0 NN C)); (ON-NCD O N MO N IOC NO O) N(0 CO N 000(0(0(0 M0 00(00 000 N- W C'O) OI-M r OON O 00 0 0 M O O Cr N CO 0 W(O W O CO N CO N 0 V CO 0_0 CO 0N_ �''N 0 CON(000 N N N M ncq -N v N CO y f9 Vf 69 69 E9 E9 (0 s-C0 N�o (0 (O 0) NY CA CO N`N N`ON M N 0)M 0)O M N OD MN MN(00 c0 CO COM U) C-CO O N,O 0) r U) 0(O N-O h M N O O N (NJ CO CO CO 0 CO CO NCD sr O CO CO COO(0 N p 0)0)0) h0 CO O)0 O 00 CO O(000 N dr M OC) N C:,- N 69 N 69-N N N CO c-N N <- M 6969 09 Ea E9 E9 ON CO 0000) 0)h O)0)CO N.N CON 010 N (00 T- OD CV COO) 0 CO N 000 c0 CO N co.sr 610) N-O N CO V co h CON-O N.M0 00 N V NC0 (00 N C'CO M N V O(0(O COO co C) 0)LLOM (00 0) 0)c0 r 0100 CO0(000 N CM M.O x-C) O CO 09 N E9 N E9 N N OD x-N v N s- C)v 64 E9 E9 E9 63 000 V O C' OO 00 V 0)0)(O r N 0-CD 000 N0 0 (0 CO N0 MN(00 C0N CO O V O M O W O cO N N` O O N-0 n 01 r O N CO CO r COO CON M() (Oh V O W co COO p 0) N. CO0 0 0)CD SCO x-M00(00 CD0 N N M O) N-C) ON s- - U)N C9N E9N M'- v N ,- -.4'v N- E9 63 63 63 • 000 0)0 (O OM 0d' N C'0)0)U)N.N r 0 O O O O CO O N O N N COO CO N(OO CO N OOO MO Cl, 0O MM Ct)(O([)hO N. I- N 000 C'0 OO co MO r co h V 0W(D W 0 O CO N COO CO 0(0 "CO CD NY M00(D O CO N N N 0) c-CO CO N. Efl E9 N E9 N CA M a- N Ch v v 69 E9 69 E9 I 000 COO CO 00) (00) r N C'0)0)OO C...CV 000 C'0 CD CD CO N 0 V N U)CD M N(00 OOO 00 CO ON OM •-O00 Nr O NSM N 000 0O CO 0,- 01 CO N-0r C'0 CO CO O OC'CO MOD O O(n `-'lO CO CO T-MOO(OO N T-Cr(D M CO 6) - E9 f9 69 N E9 N E9 E9 E9 E9 000 00 co OM (O W d•rN V 6)0)(0N- 000 COO O 0 CO (O C' 0C'N CO O M N(D ) _^ 000 000 CO ON (D6) co s-az az(nh ONS C O OOO CO n- 0 CO co a) 6)CO h(0r sr co N ON CO N.CO 0M CO O CO CO COOO(D N M M a) h M CO M V M.. E9 69 63 NN NY E9 ClEl, 6369 C O 0000 C0 CON 00)) O C0' 0(Of) O)07 N f 000N /f/�▪ c 0000 t` ( N M 00 co.OO NU)�(n CO O NCO 1L O 0000 V M O 0 0 V r 6)CO N-co N�V O O O V(D v 6) 6)CO N O V OO N- h 0 CO CO CO 0 0 N r V CO� N CO CO r r r U)E9 N- U)�E9 I73 v 0 0 0 0W 6) So.) O)CO N.h C'N-N V 0)O) 0000(0 ODM CO ON • r 00 Ch O C'N NOM C0000N- OOD OC' N(O MN O`-OOCO N- W 0000(' Od N ON • M N N-O)CO N-co-V O C'(0 c00) M CO C' 0(0 MQ) N N.O CO CO n-COO O (O((0 W NTT- 0 CO co (O(n O r r EA EA f!9 NM LL} 1 N ,_ +L W 000 O O 0 MOD U) 0N• M CO r 0..Cr r N V 0) N (OM 0(0 CO O)CO 0)0C N U)0 r 000 r N CO CO O(O C:0 r C)N Or-O(OO O O(t) C' 0) O 0 O 0)0 CO N r O)CO N-O N- p r CO r CO CO 0) r r 6) O0 N N�0 CO CO NYC) N N M O) C' (O M (0 N 6) 0) �-03.49. E9 U) 03 NY TY U) o : I) 0 tO O ( O Cl)V� c0 p O W U) W OTyNM Cr(O CON-CO CD N MC'NCD x0300 < 0 0 N 0 0 0 0 O 0 N N N N N N N N N N CO O 0 as 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 N T 0 -15 n N N N N N N N N N N N N N N N N N N NN N N N N N N N C C FN i0 >`N C 0 E a>) o N in CC J O 0y f. 0� N C OW O NO N O _ ° > � aN cQm EUC wm CO m O N � O su O�N � C E N O V E ca n C mi > U — � N } NL _ m N . U te= 0Nm (( () LLv > a d Q N j O7 N O� >2(n R. j a T O a¢0 (_-1 a a E .E u_ COwa CD ((0((0 O▪ O) T-00 M (0 p 0((0 ON MO (0 00 00 CO V U)0 01 CD N (O h 0 M O� (0 M O o C+),-N MU) (b M(0 (0 0 0 N CO(O0 COU)0 W CO CD 0 O(O7 CN70 N- 0� N N N N`N' 00 CVN M M 0 N N N N N N V NT- V d9 EA fA CA EA E9 E9 EA CD 00)M C00 N O V CO0CC`O CO S. C`O N M O U) N UP N.M 0 (D U) M U) (O U)U)M CD UP r I�OONcO 000 0) u-5 yr (O co (ON- (OM 00(00 CO U) CO N CO N•CO N N O M N (000 NMM 0 N0 0U)M N'°I 0 0M M (fl EA EA EA 69 EA E9 MTsN y- T- M C`O O V 0 U) C•N CO O NN-ON M0 ODM CO CO W t-O 0 CO 00 M,— 0 0 U)CO O M U Ul c- 0) ) ISO 0 W CD N MI�0 0.(1. 0 co o oN OD U) 0) 0x- V(D (ON O co N co U),- N NN 0) MN (0 N V- T-N O(O00--NM 0 COLD.0 O0 U) CON- ti N(ANN NNNN N M T-CV T-I- T- O] EA EA EA EA 616169 r N. CO (0O O N`0 CO V r N N`ON MON U'.a• WD W �0 0M1 (( 1 MN- NOON- 1�07,---.0..001.07. N- O)M U) N-U) U) 0)N Oc0 OD CD (ONCO U) N (O 0 O-0 O N N Ori N MON) V CD N0 Ve NV E900EA N- 0N- CVO MT-N T-T- T- CO V.. • T-N` O O CO CO CO U)V U)ti N N-O N M 0 N U)r 0)O 0) NU) 0)U0 N(O0(O U)U)MO (D 00) 00 N' (Oh Cl,� 0NMN-OON CO,(D 00 U)an O 0) h-N.' O W cO OO(ON CO O (OD V co �ON) N (OD'M N M O CO(A N 0(A N N N N (N CO.-cV r T- T- M r T E9 EA 69E/16969 (O CD N O U0 CO0)O 0)U)N-N N-O N OO NO)C+) (00 M N N- 0) MN COO(0 U)U0 01 U) N-(0 0 0--0 0 h 0 (D U) 0 O N Olt-.O O(' NCO CO CO U)U) co coO V U) a O CO co c0 O an N O O)0)CO ('CO CO 0)M MCO 00(O0(DOOa- N '1...M O 00 N V r N- N x-(A N(A N N N M N-N N x- T- CO T- (A EA 69 E9 EA EA ON CO V O .- OU) N-CV 0)0)U)r N N-ON (0 U0 CI O CO V (0 OMN(O0 CO U)U0 ✓ 000 U)O N 00 0r CO.N�ON-07 N-00 N V r CO M U) N V'U) 0)U) h 7 0 c6 co c0 O an O O)U)M hN 0) 0)0) MM MOO CO0(D OO N ChM 0 M0 0 M0 0 EA N T-EA N(900 M T-N N T- T- M y- N V3 on 63 EA EA • 000 O V O V' 0)V d'0)0)U)N-N N0 000 (00 O r 00T-- U) MN(O0 CO U) M O V O 7O CO, O 0 U)(f) (OU)h ON-CON0 NOD CO N` CO U) (0 CO CD C+) U)N V 0 OO(D CO O p CDN- 0)0 O Ch 'V'N` T-MO0(00 COO N (0!IL 0 (00 O N M M _(AN (A N EA CV Ch r N l S M N N Vi E9 61 N Erl 000 0)0 U) O U) (0— N V'O)0)U)N-Nr 000 00 N 00) CO CO 0 U)CD M0(D O CO N 000 00 N ON CO,- 000U)hON-C+)N- N 000 0)U) 0) OM 0(D N-an r V O CO an r- O O OD N ('CO N 0 V U)0) CO CO O OCO 0 cO N N N 0 00 (n N co (0 E9 a-b9 _0 EA N E9 Ch M,- M N N fA EA CA N 000 N 0 U) ON- 0O) r('1<0 O)O)U)h0 000 0O CD 0.- 0)O V'0 U)0 M0(O0 000 00 (0 010 co.O ,-U)(DU)N-0 h(+) N 0 0 0 U)U) 00 0 0) 0 0) CD N-U)h V'O O0(0 O O It CO ('CO O 0 C U)04 CO CO T-00 O O(00 N 7.v CO N 0 0) 0) O EA 63 T-E9 0 EA 0 T- I- N M EA (A E9 (A 000 00 00 ON- V N V r 0,1-O)O)U)0- CD CD 0 000 U)O (0 Oa- MU) O'7 N U)0('CO CO 000 OD0 W OIC N0 0s-000r On 00o ,t.41 0 vU) o)oSN-(- woof N ON W N 0 0 NM 0(00 (000(0 0 MM0 r0 CO ('CO N x-69 EA�fA CV 1.- 00 M T- C O V N-N V 0)0)U) „FJ 0000 U) CONN 0)) 0 V O(00 CD 0 V 0 U)0 M0 A OOOOh (ON M 00 COD) N U)7 U)CO U)N�0 u O 0000 V M 0 00 C▪ d' N�01 CO N-(0 h V O O �O 0 V CO vO) a)CO N 0 V MN- N-0 W(0 MOO N rv0r U)M W r N� d3 E9�fA NtA EA TZ OOOO CO 0) O0) 0)CO N-N-V'h 0 V 0)CO V 0000(0 NM U) 00 CDNO Nd)O'N(OOM CCO 0000 N- 0..C°. r O V 0000V OV N O N N0 MN U)�-(10 UN 07 N r 0)CO r U)N-V O V 0U)0) 0)CO V OND MO) N h O OD CO T-M0 O CD(v 0)N-V- 0)M CO co..U) U) fA EA EA N LL N ,- EA EA �N C000 MOO co Oh M U0 0-r 7h NC 0) 000 U) (0 M C.,CO CO 0)00)0 V 0 U)0 t• 000 r 0.0 0) 00 7-..0 h M 0 U)'.U)(O U) EU)O U) V 0 V (0 U)O O CO N r 0)CD r(C)N- p h CO r CO CO 0) r 0... • 0) U)N h 0 OD CO M '^ N Cl.M 0 V' (O M CO N 0) 0) r E9 EA b9 U) Cr.. N v EA (I) (1) (I) z �� #O 0 0 yJ/� U) - O O N U)(D r CO O)0T-0M V U)(O h(00)0 0 M d'U)CO N-CO 0)CD 0 'O O 5 E O O O 0 O N N N 0 N N 0 N N 0 M 0 0 N L 0 0 0 O O 0 0 0 O O O 0 0 O 0 0 O 0 0 0 0 0 O O O O N N N N N N N N N N 0 N 0 0 0 0 0 0 N N 0 0 0 N 0 0 • > c m( a C cN C6 1 N C0 1-- E m L • N yy v1 N'1 N U)doO w 0' U N d N ()(AV Nmp oVo oct )" ()Ui • o .N E'O m W ( > O N Q Q ON N a) UE c,„::.„ m LL V UJ Nm E N }N ✓ N(L CO Od >' Ug> mm >'N U O� 0CD .0 '0CO (C 2 " co (U a¢5 CL J K 0_ E LL ce co 0. 0 ... 00 — , t c)opo R ...., vi in - , o C • INIIIIIIIIIIIMIIIMIM vs , 8 00 • 0 rtsili ME f•...I ,--4 CD -0 ft3 CD 0 f:r2 C a,, Lo cr, I-- IJI CD r-4 0._ rs,I co 1 *6 CD bp to CD . 1.P -•c 0a) 11111111.11 -c •cr a 0 1:3 + 00 < f-t Crk 4-1 r•-• QJ . El! •.-= CU 2 L... .4--/ 1111 1 (f) I — 1 (k) U tf) 0 rn _I • ami v., 0 vt wil: 0, ,..4 . vs r-4 C rN CT (f; ,--1 8 C C 0 0 c 0 c 0 0 C 0 0 0 c C C C 6 6 6 6 6 6 6 6 6 C 6 a cr, 00r- C,. ,f) ....r..: r.^. t-..) r--1 ...I 2037 2036 2035 2034 2033 2032 2031 1- 2030 ro OJ C 2029 a_ O v •2 • 2028 N @ I M to• 2027 C a Q) -o C 2026 v N o N a 0 2025 0 U 2024 2023 2022 2021 '020 /UP) 201.6 � o� v IDd I 1 2037 2036 - 2035 i 2034 1 I 1 2033 -a 2032 - 2031 i i 2030 C - 2029 a OC E' 2 2028 I Ln v ri >- -v). i - 2027 C a N v w 2026 v NO a N - 2025 1 0 4 1 a_ U - 2024 - 2023 j - 2022 2021 - 2020 2019 1 I 2018 iio in w m N I IDd w U I Z i 4 i I.i. 1 J OO 0 0 0 o O 00 O N Jjz D co L =, o C x c0 V VI- N O� rd'-I W < U U N r-1 i1- i!} 0 N o o .O O C Ol ° l0 Oo a) 00 un N cc W o O O O O CV NJ O 0 C ) a) — ,ra m O I.ri ,4 Di 00 ( z C -1O� 0000 d' N N C > 0000 ..-10000 co"� N In- v) a (cu �h tl - iLf/} -(/} Lf) r-I i - 73 . . p Ca I +-+ a) L� N N ` • O vi • �8 I C x to M l0 O N L E U i!- i/- i!L in- 4) n C N C '> o W To c co U o Na) L -1-0 ^, v1 Ca (75 CD W U D co .L .i N L U v v au E v w oo Do �--+ v �O N U = U N o E �' r0 E : co - (/) 1111111101111 W Q W I J �, o JIB }, oa) c v � Lr Qi � oo r-i = x a � �n O 0o W m C) Q u v} in- ire v n L0- CCS A--+ a) o CO n o 0 p o o o 0 c N 00 Ln N C o v . i. N r CO NO O O O ON 0 2 N — N O O Ni Ol N N Cr N �m-1 0�0 Ni 0o0 h Cc N , , , 00 c NJ Q Om-I up 0�0 V L �/} N 6 ih i T N a) p O O46 1.2 A N to 000 Ln 0 `� I I c� rt5 01 O O c O i.i U inn- ivn• i( N _. W N i/� i/� +-, N iN LA ca C� I �- N O 2 CZ > •�' 2 U 3 7111 Q N U NN0- Et L vi in. a) N v — a) U = f6 •s" E .i N E +-' a) u_ 0 N O = oc cu U = U 0 co -a - •- a� CU co Cn u) 411 cY 0 CITY OF CHANHASSEN y � ASSESSMENT PRACTICE y H p S S Updated November, 2014 This Assessment Practice is intended to provide general direction to City Staff in preparation of assessment rolls to ensure fair and consistent treatment of all properties within the City of Chanhassen. This practice may not apply in all circumstances at which time the Council will direct staff to determine an alternate assessment methodology. All benefiting properties that have access or potential future access to the street proposed to be Reconstructed or Rehabilitated shall be included in the assessment roll. Assessments must be equally distributed between housing types. Commercial properties will typically be assessed using an area charge or in some circumstances front footage. NEW CONSTRUCTION: 100%assessed to benefitting properties Assessable Costs Include: • Construction of a new street—Typically not a City project. • Installation of water main, storm sewer and sanitary sewer systems where it did not previously exist. RECONSTRUCTION: 40%assessed to all benefitting properties Assessable Costs Include: • Reconstruction of an existing street. • Installation or repair of concrete curb and gutter associated with a street reconstruction project. Notes: • If a residential property benefits from a collector or commercial street reconstruction project,the assessment amount for the residential property shall be based on a 31-foot wide street. • Replacement or repair of an existing water main, storm sewer and sanitary sewer will not be assessed to the benefitting properties. The City will pay 100%of these improvement costs out of the associated enterprise fund. REHABILITATION: 40%assessed to all benefitting properties Assessable Costs Include: • Edge or full-depth mill and overlay, cracksealing and full-depth repair of problem areas within the street rehabilitation project area, installation or repair of curb and gutter. • Replacement or repair of existing water main, storm sewer and sanitary sewer will not be assessed to the benefitting properties. The City will pay 100%of these improvement costs out of the associated enterprise fund. Notes: • If a residential property benefits from a collector or commercial street rehabilitation project,the assessment amount for the residential property shall be based on a 31-foot wide street. ASSESSMENT PAYMENT OPTIONS • Term for Reconstruction projects shall be 10 years. • Term for Rehabilitation projects shall be 8 years. • The interest rate of the assessment projects shall be the Wall Street Journal Prime Rate (at the date of the assessment hearing) plus 2%. REGULAR MAINTENANCE: Properties are not assessed • Projects Include: Pothole filling, Patching, Cracksealing, Sealcoating g:\eng\forms\assessments\assessment practice 111814.doc