8.6. SR 05-02-1994 - Laserfiche WebLink

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e e e INTRODUCTION This feasibility study was initiated by a petition from the property owners on Concord Street, and was authorized by Resolution 94-25, which was adopted by the Elk River City Council on March 21, 1994. The petition calls for public street and drainage improvements on Concord Street. This area is currently a private road located south of County Road 33 and west of Greenhead Acres 2nd Addition as shown on Exhibit 1. The property owners are asking that the city assume ownership of the street, improve the existing street to city standards, and assess the property owners the costs of the improvements The purpose of this study is to analyze the existing conditions, the feasibility of a new bituminous road along Concord street, and estimated project costs. PROJECT HISTORY The residents from Concord Street contacted the city regarding upgrading and public take over of their street. A study of the street was undertaken followed by an informational meeting in February with residents to discuss four options for public take over. The four options were: Option 1: A 26-foot wide bituminous roadway with 3-foot aggregate shoulders. Option 2: A 32-foot wide gravel base roadway. Option 3: A 22-foot wide bituminous roadway with 2-foot aggregate shoulders. Option 3: A 26-foot wide gravel base roadway. After the informational hearing, the property owners presented a petition to the City, containing nine signatures of effected property owners. The petition requests improvement of Concord Street using the design outlined in option 3, which is a bituminous roadway 22 feet wide with 2- foot gravel shoulders. The petition also requests a 15 year assesment at the current interest rate, at which the owners beleive to be 6 %. The petition contains nine signatures of effected property owners, there are an additional three property owners who would be assessed for improvements, who are not included on the petition. According to written comments attached to the petition, these unsigned property owners are in the process of selling their property and do not feel that they would benefit from the proposed improvements. FEAS-230.212 -1-