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Memo- Parking Lot 500 and 600 Reconstruction , ' . . I Public Works Department I Memorandum To: Honorable Mayor and Members of the City Council From: Steven J. Stadler, Public Works Director ~~ Date: June 9, 2000 Subject: Parking Lot 500 and 600 Reconstruction For several years now the city's Capital Improvement Plan has included a year 2001 project to reconstruct lots 500 and 600. The Yr 2001-2005 CIP is currently being developed and includes a proposed $350,000 project. Staff is proposing that the cost of these improvements be special assessed to property owners at a rate of 70%. The balance would be funded from City PIR funds, At the worksession, staff and e engineering consultant, RLK-Kuusisto, will present a project development plan including the following items. - Develop concept plans for parking lot layouU10th Avenue function - Meetings with property/business owners - SelecUapprove concept plan - Complete feasibility study The feasibility report would include estimated assessments using an assessment formula which could be based on: calculated need for parking spaces based on zoning requirements, a proximity factor and credit for private parking, City Council could decide whether or not to proceed beyond the feasibility report, Le" final design, based on business owner support, costs and estimated assessments. Staff would also like to discuss the need to master plan for certain elements of downtown improvements such as lighting, landscaping, dumpster clustering, etc. Some of these improvements overlap with interests currently being discussed by a CBD commercial property owners committee. . -- ----------....---.--. CATEGORY PROJECT TitlE NUMBER 5 YEAR COST Transportation City Parking Lot Improvements PA.l $350,000 FUNDING SCHEDULED PROJECT ACTIVITY SOURCE 2001 2002 2003 2004 2005 FUTURE PI 105,000 Sp .Il,ssess SA 245,000 LOCATlDN: 2001; Lots 500 and 600 DESCRIPTION: Redesign and reconstruct City Lots 500 and 600 north of Mainstreet between 9th and 11th Avenues North, , , I JUSTIFICATION: Lots 500 and 600 are on or approaching a critical point on a deterioration curve. Seal coats and crack sealing will not redeem them. Mill and overlay are a minimum improvement needed. Proieet costs noted above are for total replacement of the bituminous pavement and curb installation. To address downtown parking issues an analysis is recommended for 2000, a feasibility report in 2000, and possible construction beyond what is here recommended in 2001. CURRENT STATUS/PROJECTED SCHEDULE: Lots 500 and 600 Plan. 1999/2000 Bid and Construction. 2001 RELATIONSHIP TO EXISTING PLANS AND OTHER PROGRAMS; Lots 500 and 600 improvements based on comprehensive parking analysis. , . Funding of Central Business District Parking System Past/Current Proposed Cost Item Fundin~ Source FundinQ Source New lots/structures Assessments 100% Business District Tax Increment Service District or Assessments Maintenance snow plowi ng striping Parking Fund 100% City seal coating sweeping General Fund Parking or General Fund crack sealing patching Rehabilitation/ Reconstruction lots Tax Increment 70% Business District ramp PIR Fund (taxes) Service District or Assessments alleys Assessments 30% City minor improvements PIR Fund (taxes) Improvements Tax Increment 100% Business District . dumpster clustering Assessments Service District or Assessments security lighting landscaping Enforcement ParkIng Fund Service District parking officer Parking Fund/General Fund permit administration .