6.3. SR 12-03-2001 - Laserfiche WebLink

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Howard R. Green Company Project No. 802400j Pavement Rehabilitation Report City of Elk River, Minnesota IV. ESTIMATED PROJECT COST AND PHASING Exhibit 1 illustrates the streets that need to be reconstructed at this time. The financial burden on the City that would result from the reconstruction of all these streets in a single construction season makes one large project unfeasible. However, the project size must be large enough in scale to insure that COmpetitive bids will be received. Therefore, the streets have been grouped together into projects that have a total project cost of apProximately $1,000,000.00 using today's construction costs. In addition to financial concerns, the location of the streets was taken into account to minimize the frequency of the construction impacts to residents when determining which streets the should be grouped together. In addition, the streets that contain watermain that needs to be upsized for fire flow protection are proposed to be reconstructed in the first few phases. The base improvements used in determining the $1,000,000.00 project size includes: · Reconstruction of the roadway · Installation/Improvement of the storm sewer if necessary · Installation of sidewalk · Street lighting · Boulevard Restoration · 28% overhead The 28% overhead is in accordance with the City's assessment manual. It includes city administration, engineering design, construction staking and inspection, and fiscal and legal costs. The cost of the installation of watermain and/or sanitary sewer, or the repair of either system would be in addition to the $1,000,000.00 costs. These costs were not included due to the separate means of finance used to fund these types of improvements, SUch as Elk River Municipal Utilities and the general sanitary sewer budget. A Preliminary construction cost estimate for each street is provided in the Appendix. The estimates are based on construction costs from recent years. An increase in construction costs from inflation has not been added, but it should be noted that future project costs would be higher due to inflation of construction costs and/or construction materials. As each individual project is authorized, a more detailed cost estimate will be COmpleted with revised construction costs in the feasibility phase. No costs have been included for the acquisition of utility easements and rights-of-way. The proposed project phasing is shown on Exhibit 6.