5.4. SR 03-18-2002 - Laserfiche WebLink

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Howard R, Green Company Item 5.4. March 13, 2002 Files: 811471J-0060 814060J-0060 Honorable Mayor and City Council City of Elk River 13065 Orono Parkway P.O. Box 490 Elk River, MN 55330-0490 RE: SIGNAL PROJECTS AUTHORIZATION TO BID Dear Council Members: We have now received final authorization on the signal modification at the intersection of TH 10 and 171st Avenue. As the Council is aware, this is adding the fourth leg to that intersection for the development of the Mississippi Ridge Addition. For some time, the City has had authorization from MnDOT to proceed with the new signal planned for the intersection of TH 10 and Waco Street. The final signal improvement that the Council has ordered is the installation of left turn arrows for northbound Jackson Avenue and eastbound School Street for the existing signal at that location. We have previously tded to get contractors to quote this minor work at School/Jackson, but the price of the quotes indicated that the contractors were not interested in doing this as a standalone project. Therefore, we would recommend the Council combine all three of the signal projects together for bidding purposes. City Council has previously discussed the financing of the signal modification at TH 10 and 171st Avenue. According to City Council direction, the Developer of Mississippi Ridge will be paying for 75% of the signal modification and the City will be paying for 25% of the cost. Several times in the past, the City Council has briefly discussed the financing of the TH 10NVaco Street new signal system relative to whether or not it is appropriate to assess some of the property in this area. Generally, the north side of this intersection is residential property. The southwest side is also residential, with the possible exception of the small piece of Chuba/Kincannon property. The southeast corner is the home of the new ^llina Clinic. There is an undeveloped commercial parcel next to the Allina Clinic, but generally everything else in that area is zoned Business Park. In the past, the City has never assessed residential and/or business park property for any signal improvements. There have been four instances in the past where commercial developments have paid for a portion or all of signal installations and/or modifications. Those examples are Mississippi Ridge discussed above; Hillside Crossing, which paid approximately 25% of the City's cost of the TH 169/197th Avenue signal system; Elk Park Center, which paid for the signal modification at School Street and TH 169, together with the new signals at School Street/Freeport Avenue and School Street/Jackson Avenue. The final example is the Hillside Crossing development which Ltr 3-13-02 Council 1326 Energy Park Drive · St. Paul, MN 55108 · 651/644-4389 fax 651/644-9446 toll free 888/368-4389