04-21-1992 CC MIN - Laserfiche WebLink

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. . . MEETING OF THE ELK RIVER CITY COUNCIL HELD AT SALK JUNIOR HIGH SCHOOL TUESDAY, APRIL 21, 1992 Members Present: Mayor Tralle, Councilmembers Kropuenske, Holmgren, Dietz and Schuldt(7:20 p.m.) Members Absent: None Staff Present: Pat Klaers, City Administrator; Sandra Thackeray, City Clerk; Peter Beck, City Attorney; Terry Maurer, City Engineer and Lori Johnson, Finance Director 1. Call Meeting To Order Pursuant to due call and notice thereof, the meeting of the Elk River City Council was called to order at 7:05 p.m. by Mayor Tralle. 2. Consider 4/21/92 City Council Agenda COUNCILMEMBER HOLMGREN AGENDA. COUNCILMEMBER CARRIED 4-0. MOVED TO APPROVE THE 4/21/92 CITY COUNCIL KROPUENSKE SECONDED THE MOTION. THE MOTION 3. Westwood Area Assessment Hearing Terry Maurer, City Engineer, gave a brief history of how the Westwood project started. He indicated that improvements to the Westwood Area were discussed and considered by the City Council in September, 1985. Following City Council review of the 1985 feasibility study and discussion with property owners, the project was dropped in November, 1985. Terry Maurer stated that the project was reinitiated by the City Council in January, 1991. Terry Maurer reviewed the cost comparisons of the project from 1985 to 1992. The total estimated construction of the project according to the 1985 feasibility study was $529,400 as compared to the actual 1992 construction cost of $816,351. Terry Maurer explained that an estimated assessment for a 75 foot lot in 1985 was $6,049 compared to $7,371 in 1991. He further explained that an estimated assessment cost in 1985 for a 150 foot lot was $12,098 compared to $14,075 in 1992. Terry Maurer noted that with the City's contribution and the proposed assessment method for the project in 1992, the actual cost will be $6,315 for a 75 foot lot and $11,851 for a 150 foot lot. He explained that the assessment amounts are almost the same as they were seven years ago due to the City'S participation in the assessment costs. Terry Maurer reviewed the project costs for the different components of the project and noted that there will be some additions to the project which will be City funded. He further indicated that there were several additional overhead costs to this project which will also be City funded.