01-20-1992 CC MIN - SPECIAL - Laserfiche WebLink

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City Council Work Session Minutes January 20, 1992 Page 3 . sani tary sewer assessments would be levied against Orono Park and the Softball Complex. The City Council noted that. MSA funds and equipment reserves could finance these expenditures. Public improvements that benefit City property is usually a City-wide assessment. The City Council reviewed the intent of the RDF-TIF monies and agreed that it would be a City-wide benefit if these funds were used to pay the public improvement assessments that are planned to be levied against the City Hall, Orono Park, and Softball Complex sites. It was agreed upon by the City Council that, if feasible, these funds should be used for the expenditures related to the public improvements. The City Council took a 10 minute recess. At this time, the City Council began the formation of a 1992 Capital Improvement Program. The City Council began with projects that have been worked on in 1991 and planned for 1992. . Ci tv Hall - Plans call for the street and storm sewer part of this project, from the Dam bridge to the western edge of the City Hall site, to be financed from MSA funds and assessments to benefitted property owners. This part of the project is estimated at $960,000 based on a December, 1991 feasibility study. Trunk and lateral sewer and water expenses are planned to be assessed out to benefitted property owners. A temporary City Hall street will be financed with capital projects funds. Final approval of the project by the City Council is anticipated in early 1992. Westwood Project - It was noted that this project still requires Ci ty Council approval to move forward in 1992. Most of the expenses are planned to be assessed out to benefitted property owners on a basis yet to be determined by the City Council. City participation in the project calls for all street expenses above $20 per running foot to be financed from the Capital Projects reserve. Additionally, of the $170,000 storm sewer part of the project, $100,000 is related to areas outside of the Westwood district. This storm sewer expense will have to be absorbed by the City, at least on a temporary basis until funds can be recaptured through assessments, from the Capital Projects Fund. Additional City participation in the storm sewer project was discussed but financial assistance in this area could not be determined until the bids are received in early 1992. Main Street/Highwav 169 This project, which calls for an addi tional driving lane on the south side of the intersection and which requires right-of-way purchase, is to be financed with MSA funds. The City share of the project is estimated at $175,000. Construction is planned for 1992. The project includes new street signals with directional arrows in the east/west lanes. . 193rd/169 Signal - It was noted that a request to MnDOT for this signal was approved by the City Council in 1991. Installation of the signal is planned for 1992. City participation is estimated at a maximum of $30,000 and will be financed with City MSA funds.