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CR 05-052 Bids Assessment Hearing - 2005 Street and Utility Improvment Project CITY OF m April 19, 2005 HOPKINS Council Report 2005-052 ACCEPT BIDS, DECLARE COST TO BE ASSESSED AND ORDER ASSESSMENT HEARING 2005 STREET AND UTILITY IMPROVEMENT PROJECT LOT 800 RECONSTRUCTION CITY PROJECT No. 04-10 & 04-11 Proposed Action Staff recommends approval of the following motion: adopt Resolution 2005-037. accepting bid for 2005 Street & Utilitv Improvement Proiect & Lot 800 Reconstruction. Resolution 2005-038. Declaring Cost To Be Assessed. and Ordering Preparation of Proposed Assessment. Resolution 2005-039. Resolution for Hearing on Proposed Assessments. 2005 Street and Utilitv Improvements. City Proiect 04-10. This action continues an assessable project for street upgrading. Overview The bid opening for the 2005 Street and Utility Improvement Project and Lot 800 Reconstruction was held on April 12, 2005. The low bid was $954,510.18, which is 14% below the final engineer's estimate. In ailS bids were opened indicating a competitive construction market. We attribute much of the projected saving to this competitive climate. Assessment calculations will be prepared based on the low bid submitted by Northwest Asphalt Inc. We are projecting the assessment rate to be lower than the cap for the Jackson Ave N, Sunnyside Lane, Van Buren Ave N, and Shadyside Circle. Staff is now recommending acceptance of the bids and ordering an assessment hearing for the project on May 17, 2005 followed by award of bid no later than June 1, 2004. Primarv Issues To Consider . Results of bid opening .. Project costs and assessment interest rate . Bid Alternates . Schedule . Recommendation Supportine: Information . Abstract of Bids . Reso ution: 2005-037, 005-038,2005-039 R Bradford, P .E. Assistant City Engineer Financial Impact: $ 1.288.588.74 Related Documents (CIP, ERP, etc.): Notes: Budgeted Y/N Y Source:S.A. PIR. CI. Utilitv Funds CIP. Feasibilitv Studv Analvsis ofIssnes . Results of Bid Opening Northwest Asphalt Park Construction Bituminous Roadways Hardrives Midwest Asphalt $954,510.18 $982,746.00 $987,330.35 $1,036,935.90 $1,061,176.40 All bids were submitted with required bid security made by qualified contractors. Northwest Asphalt is a reputable and responsible contractor and has completed similar projects within the metro area. . Project costs and assessment interest rate Based on the low bid, 25% overhead costs (engineering, admin, legal), and a 10% construction contingency the total estimated project cost is $1,288,588.74. The assessable amount is calculated based on 70% of the assessable roadway costs of $760,471.07. The total amount to be assessed on this project is $422,457.36. Staff recommends applying an annual interest rate of 7% to this assessment. This interest rate was set in 2002 and is scheduled to be reviewed every 3 years. The following table shows the anticipated assessment rate for each segment. Assessment Area Monroe/Madison Jackson/Sunnyside Van Buren/Shadyside 70% Assessment Rate $84.85 $39.45 $47.15 Proposed Assessment Rate $55.83* $39.45 $47.15 * The cap rate is applicable to this area As directed by the Council, the assessment cap was applied to the Regency development. The proposed rates shown in the table above were used to calculate the total assessment rate of $1,208.07 per unit. This is approximately $457 less than the preliminary assessments. . Water Services The homeowner cost for the water service replacements will be $24 per foot of service pipe plus $647 for the curb stop & box. This is approximately $150 more than the preliminary estimate. Final amounts for each resident will be calculated and included in the final assessment role. E:\Engineering-Supervisor\Council Reports\2004\CR2005-052 I . Schedule Accept Bids and Order Assessment Hearing Assessment Hearing/Award Contract Begin Residential Construction Begin Lot 800 Construction Construction Complete . Recommendation Staff recommends the council accept the low bid submitted. April 19, 2005 May 17, 2005 June 2005 July 18, 2005 October 2005 E:\Engineering-Supervisor\Council Reports\2004\CR2005-052 CITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION 2005-037 RESOLUTION ACCEPTING BID WHEREAS, pursuant to an advertisement for bids for the improvement of Madison Circle, Madison Avenue N, Monroe Avenue N, Monroe Place, Jackson Avenue N, Sunnyside Lane, Van Buren Avenue N, and Shadyside Circle, and Lot 800 Reconstruction, bids were received, opened and tabulated according to law, and the following bids were received complying with the adver- tisement: Northwest Asphalt Park Construction Bituminous Roadways Hardrives Midwest Asphalt $954,510.18 $982,746.00 $987,330.35 $1,036,935.90 $1,061,176.40 AND WHEREAS, it appears that Northwest Asphalt, Inc. of Shakopee, Minnesota is the lowest responsible bidder, NOW THEREFORE, BE IT RESOLVED by the City Council of Hopkins, Minnesota, that: I. The mayor and city manager are hereby authorized and directed to enter a contract with Northwest Asphalt, Inc. of Shakopee, Minnesota in the name of the city of Hopkins for the improvements noted above according to the plans and specifications therefore approved by the city council and on file in the office ofthe city clerk. 2. The city clerk is hereby authorized and directed to return forthwith to all bidders the deposits made with their bids, except that the deposits of the successful bidder and the next lowest bid- der shall be retained until a contract has been signed. Adopted by the City Council this 19th day of April, 2005. Eugene 1. Maxwell, Mayor Terry Obermaier, City Clerk CITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION 2005-038 RESOLUTION DECLARING COST TO BE ASSESSED, AND ORDERING PREPARATION OF PROPOSED ASSESSMENT WHEREAS, costs have been determined for the improvement of Madison Circle, Madison Avenue N, Monroe Avenue N, Monroe Place, Jackson Avenue N, Sunnyside Lane, Van Buren Avenue N, and Shadyside Circle and the bid price for such improvement is $954,510.18, and the expenses incurred or to be incurred in the making of such improvement amount to $334,078.56 so that the total cost ofthe improvement will be $1,288,588.74. NOW, THEREFORE, BE IT RESOLVED by the City Council of Hopkins, Minnesota, that: 1. The portion of the cost of such improvement to be paid by the city is hereby declared to be $866,131.38 and the portion of the cost to be assessed against benefited property own- ers is declared to be $422,457.36. 2. Assessments shall be payable in equal annual installments extending over a period of 10 years, the first of the installments to be payable on or before the first Monday in January, 2006, and shall bear interest at the rate of 7 percent per annum from the date of the adop- tion of the assessment resolution. 3. The city clerk, with the assistance of the city engineer, shall forthwith calculate the proper amount to be specially assessed for such improvement against every assessable lot, piece or parcel of land within the district affected, without regard to cash valuation, as provided by law, and he shall file a copy of such proposed assessment in his office for public in- spection. 4. The clerk shall upon the completion of such proposed assessment, notify the council thereof. Adopted by the City Council this 19th day of April, 2005. Eugene J. Maxwell, Mayor Terry Obermaier, City Clerk CITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION 2005-039 RESOLUTION FOR HEARING ON PROPOSED ASSESSMENT WHEREAS, by a resolution passed by the council on April 19 , 2005 the city clerk was directed to prepare a proposed assessment of the cost of improving Madison Circle, Madison Avenue N, Monroe Avenue N, Monroe Place, Jackson Avenue N, Sunnyside Lane, Van Buren Avenue N, and Shadyside Circle, AND WHEREAS, the clerk has been directed to complete the proposed assessment and put it on file in her office for public inspection, NOW, THEREFORE, BE IT RESOLVED by the City Council Hopkins, Minnesota, that: 1. A hearing shall be held on the 17th day of May, 2005 in the city hall at 7:30 p.m. to pass upon such proposed assessment and at such time and place all persons owning property af- fected by such improvement will be given an opportunity to be heard with reference to such assessment. 2. The city clerk is hereby directed to cause a notice of the hearing on the proposed assessment to be published once in the official newspaper at least two weeks prior to the hearing, and she shall state in the notice the total cost of the improvement. She shall also cause mailed notice to be given to the owner of each parcel described in the assessment roll not less than two weeks prior to the hearings. 3. The owner of any property so assessed may, at any time prior to certification of the assess- ment to the county auditor, pay the whole ofthe assessment on such property, with interest accrued to the date of payment, to the assessment clerk, except that no interest shall be charged if the entire assessment is paid within 30 days from the adoption of the assessment. He may at any time thereafter, pay to the assessment clerk the entire amount of the assess- ment remaining unpaid, with interest accrued to December 31 of the year in which such payment is made. Such payment must be made before November 15 or interest will be charged through December 31 of the succeeding year. Adopted by the council this 19th of April, 2005. Eugene J. Maxwell, Mayor Terry Obermaier, City Clerk