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5.3. A & B. SR 04-03-2006 City of Elk River REQUEST FOR COUNCIL ACTION Agenda Section Meeting Date En ineerin A ril 3, 2006 Item Description Dodge Avenue Improvement -Assessment Hearing A. Resolution Adopting Final Assessment Roll B. Resolution Acce tin Bid and Authorizin Execution of Contract Introduction The Dodge Avenue Assessment Hearing for the reconstruction of the roadway is scheduled for April 3, 2006. Bidding of the project has been authorized and bids will be received earlier that day. Bids will be presented at the City Council meeting. Discussion I will have a brief presentation for the assessment hearing regarding the project and the proposed assessment. After the presentation and conducting the assessment hearing, it would be appropriate to consider the attached resolutions. Financial Impact It is estimated in the feasibility study that the portion of the project that will not be assessed and will be funded by the City is $168,000. Attachments . Resolution Adopting the Final Assessment Roll in the Matter of the Dodge Avenue Reconstruction Improvement . Resolution Accepting the Bid and Authorizing the Execution of the Contract in the Matter of the Dodge Avenue and Waco Street Reconstruction Improvements Action Requested After closing the Assessment Hearing, it would be appropriate for the City Council to consider passage of the Resolution Adopting the Final Assessment Role for the Dodge Avenue Improvement. If there are no objections to the proposed assessment, the City Council could also consider the adoption of the Resolution Accepting the Bid and Authorizing Execution of the Contract for both the Dodge Avenue and Waco Street Improvements. (Bids will be available that evening). If any objections to the proposed assessments are received at or before the Assessment Hearing, there is sufficient time in the contract for the City Council to allow the 30-day appeal period to elapse before considering award of the contract. Council Action Motion by _ Second by _ Vote Follow Up RESOLUTION A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION ADOPTING FINAL ASSESSMENT ROLL IN THE MATTER OF THE DODGE AVENUE IMPROVEMENT OF 2006 WHEREAS upon due notice properly made as required by law, the Elk River City Council has met and heard and passed upon all objections to the proposed assessment for the Dodge Avenue improvement and has determined the amount to be assessed against each individual property as the Council deems just; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River, Minnesota: 1. The final assessment roll, a copy of which is attached hereto and incorporated herein by this reference, is hereby accepted and adopted and shall constitute the special assessment against the lands therein named. Each such tract of land in the assessment roll is hereby found to be benefited by the improvement in an amount not less than the amount of the assessment levied against it. 2. Such assessment shall be payable in equal annual installments, including both principal and interest, amortized in such amount annually as is required to pay the principal with interest at 5.50% over a period of 15 years. 3. The owner of any property so assessed may at any time prior to certification to the County Auditor of the assessment or the first installment thereof, pay to the City Treasurer the whole of the assessment on such property, with interest accrued to the date of payment; except that no interest shall be charged if the entire assessment is paid within 30 days after the adoption of this Resolution. Prepayment may also be made after the certification of the assessment or first installment thereof by paying to the City Treasurer/County Auditor the entire amount of the assessment remaining unpaid with interest. In the case of a payment made before November 15, interest will be calculated through December 31 of the year in which payment is made. If payment is made after November 15, interest will be calculated through December 31 of the next succeeding year. 4. The City Administrator shall transmit to the County Auditor a certified duplicate of the attached assessment roll to be extended on the property tax lists of the County. Such assessment shall be collected and paid over in the same manner as other municipal taxes. Passed and adopted this 3rd day of April, 2006. ATTEST: Stephanie A. Klinzing, Mayor Joan M. Schmidt, City Clerk S:\EngineerImprovProj\2006 Improvement Projects\Dodge Avenue\Res adopt assess roll. doc RESOLUTION 06-~ A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION ACCEPTING BID AND AUTHORIZING EXECUTION OF CONTRACT IN THE MATTER OF THE WACO STREET AND DODGE AVENUE MPROVEMENTSOF 2006 WHEREAS pursuant to a City Council Resolution 06-25, passed at the March 6, 2006 meeting, competitive bids were solicited and received for the Waco Street and Dodge Avenue Recon~ruction;and WHEREAS the City Council has considered the amount of the bids and the responsibility of the bidders and determined that is the lowe~ responsible bidder; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River, Minnesota: 1. The Mayor and City Administrator are authorized and directed to execute, on behalf of the City, such contract with as is approved by the City Attorney, for the completion of the according to the approved plans and specifications designed by City Council Resolution. 2. The City Administrator is authorized and directed to forthwith return to all bidders the deposits made with their bids upon execution of the contract specified above. Passed and adopted this 3rd day of April, 2006. Stephanie A. Klinzing, Mayor ArrEST: Joan M. Schmidt, City Clerk S:\EngineerImprovProj\2006 Improvement Projects\Dodge Avenue\Res accept bid authorize contract.doc