Loading...
Memo - 2005 Excelsior Blvd Streetscape Public Warks Department Memorandum To: From: Honorable Mayor and Members of the City Council Rick Getschow, City Manager if--; Steven J. Stadler, Public Works Director Copy: Date: April 7, 2005 Subject: 2005 Excelsior Blvd Streetscape project Background: Staff discussed this project with City Council at the January 11, 2005 Work Session. At the January 11 Worksession staff reported the following: The 2005-2009 CIP included a budget of $750,000 for Excelsior Boulevard, Phase III streetscape improvements. In August, 2004 City Council authorized a design services agreement with Hoisington-Koegler Group, Inc. (HKG). In mid-October a public meeting notice explaining the proposed 2005 project was mailed to all ~roperty owners and businesses along the north side of Excelsior Boulevard between 9 h Avenue and Jackson Avenue. To-date, HKG has completed schematic-level design and has provided a preliminary cost estimate of $1 ,677,750. The design is based on streetscape elements similar to the previous two phases of Excelsior Blvd improvements. The cost estimate is based on the Phase IIlandscape/streetscape & lighting costs. Current Status: Staff is still concerned about proceeding with this project in 2005 for the following reasons: · Cost. HKG's preliminary project cost estimate is $1,677,750. This equates to additional city funding, above what's budgeted in the CIP, of $707,750. This assumes overall Hennepin County participation at 25%, or $420,000. Although Hennepin County has told us that the expected Excelsior Boulevard, Phase II billing is $4.5 million, it has not yet been actually billed. The Finance and Public Works Directors would like to be assured of the amount and timing of that billing before we attempt to budget for an additional $700,000 for the streetscape project - see attached spreadsheet showing fund balances and expected 2005 expenditures. · Timing. In order to proceed in 2005, we will have to advertise in August and construct the improvements in Sept - November 2005. Staff feels that this could very likely result in higher bids plus it's probable that the plants and trees would not be available from nursery stock. Staff recommendation: City Council approve moving this project to 2006 construction, this will: · allow staff time to work out the impact of the increased project cost on our PIR & MSA working capital funds and calculate 2005/2006 bonding needs · allow a winter/spring 2005/2006 project advertisemenUaward which will mean a more favorable bid climate and plant availability · provide time for staff to confirm Hennepin County billing for Excelsior Boulevard, Phase II City of Hopkins Analysis of Construction Funds ark 1m rovement Fund 301 und Balance 12-31-2004 2005 Proiects Burnes Park Play Equipment $ 86,442.91 $ 50,000.00 State Aid Construction Fund (302' Fund Balance 12-31-2004 $2.371,313.45 Outstandlna Obliaations Hennepin County - Excelsior Blvd Improvements 2005 Proiects Excelsior Blvd Streetscape lmprovemetns CSAH 73/5 Intersection & Mtka Blvd Comdor Our share at 95% was paid 12/2104 this totaled $554,833.86 $1,677,751.00 $ " $2,370,000.00 est L... act $1,677,751.00 CaDltallmDrovement Fund 130Sl Fund Balance 12-31-204 $1,442,973.05 2005 Prolects City Parking Lot 800 Improvements Building & Maintenance Office and Shop Upgrade $ 203,14400 $ 5,000.00 est $ 208,144.00 PIR Fund (501) Fund Balance 12~31-204 2005 Proiects Residential Street Improvements. city share Residential Street Improvements. assessed CSAH 7315 Intersection & Mtka Blvd Corridor $ 523,016.00 $ 514,218.00 $ $1,079,781.83 est est $1,037,234.00 25% Hennepin Co REPP program - about $420,000 State Funded Facilities projects are recorded in this fund. Assessments - we front costs charged to fund 302 Water/Sewer/Storm Sewer Utility Funds CSAH 73/5 Intersection & Mtka Blvd Corridor Our share at 95% was paid 1212104 this totaled $554,833.86 Residentlal.Streets $ $ 188,066 00 $ 188,066.00 Excelsior Blvd Pralec! Exoenses Amount Due Hennepin County ~ est per HC Funding Storm Sewer Fund Water Fund TIF2-11-38% MSA Fund - balance $ 200,000.00 $ 220,000.00 $1,710,000.00 $2,370,000.00 $4,500,00000 $4,500,000.00