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HomeMy WebLinkAbout20071119 - VIII-A-1VIII-A-1 MEMO To: Honorable Mayor and City Council From: Tom Montgomery Date: November 13, 2007 Re: Vermillion Street Historic Walls -Operations Committee Recommendation The Operations Committee will be meeting prior to Monday's Council meeting to discuss funding options for the Vermillion Street historic retaining wall repairs. I will present the Operations Committee's recommendation at the City Council meeting for Council consideration. ,J~ - a.. ~-I.' ~~ \. -, ~ r CITY OE $1~STiN6S MEMO To: Honorable Mayor and City Council From: Tom Montgomery Date: November 19, 2007 Re: Historic Vermillion St. Retaining Walls Vermillion St. Wall Repair There are eight properties requiring some form of wall repair and the City's share of the historic wall reconstruction is about $528,000. The wall repair costs for each of the eight properties ranges from $3,000 to $370,000. All of the eight properties are included in the proposed 2008 North Vermillion St. area street and utility improvement project, which also includes curb and gutter and paving for those alleys with historic walls. These eight properties face assessments ranging from $2,000 to $9,900 for the City's street improvement project. Staff is proposing to fund the entire cost of the wall repair cost through bonding as part of the 2008 North Vermillion St. area construction improvement bond for the following reasons: 1. When new retaining walls are constructed as part of the City's annual improvement program, property owners do not incur an additional assessment because a wall was constructed in front of their property. 2. The City needs the eight property owners to grant temporary easements to the City so that the walls can be repaired. 3. Once the walls are repaired, the City will turn the future maintenance responsibility back to the homeowners. This is similar to the LeDuc Mansion funding from the MN Historical Society; $1 million in restoration funding was granted under agreement that all future maintenance and restoration costs would be a local responsibility. 4. These historic walls are an important City amenity that should be preserved. Failure to receive temporary construction easements from all eight properties may result in sections of the wall continuing to deteriorate and fail. 5. If the wall repair cost were assessed, the resulting assessment burden against some of the eight properties maybe extremely high. I have enclosed files showing the eight properties involved and the associated wall repair improvement costs, and a map of the proposed 2008 North Vermillion area improvement project. I have also enclosed a file showing various wall repair assessment options, illustrating the amount of assessments these eight properties would face depending upon what percentage of the wall repair would be assessed. . ~g '° ' 101 " 1 .,: 11 .. 1 : 6TH ST W ~~ s {] ~ r 602 ° FI R B -~-~~1 ~_ ~ _ 'n\-'i FINL NNIFR IN 2 ` 6 ~> . .' , § I ,: 7TH ST W ~ ~' BORCHARDT• 05 BE A '„~ T r -,- ~ - ~' 709' O ~ v . 5 5 718 ~'^ `° Q ~ 8TH ST W __ _ _ ~ ".800 - e` 5 TRAM F1RST B PTIST CH 8 ~' ,r a ^, L81 ~ 14 o ~ 11 r Vermillion Street Wall Repair Wall Repair Project Cost. and Local Street Improvement Assessment Cost ~,;~ - \. ctrY oe unsruvss N W E S Feet - 0 62.5 125 250 375 50( Vermillion Street Walls Estimated Quantities -Revised 11.01.07 Address 119 Seventh Street 602 Vermillion 612 Vermillion 706 Vermillion 715 Vermillion 718 Vermillion 800 Vermillion 807 Vermillion City ROW MnDOT ROW Constr Cost Constr Cost $2, 780 $25,125 $59,37. $129,889 $99,02' $123,927 $187,87; $5,600 $8,101 $7,710 $3,73! $24,652 $10,63! $25,332 $13,061 Proj Cost Subtotal (20% Overhead) $2,780 $3,336 $84,500 $101,400 $228,916 $274,699 $311,799 $374,159 $13,700 $16,440 $11,445 $13,734 $35,287 $42,344 $38,392 $46,070 City Street Impr Proiect Asmt $4,500 $9,900 $5,700 $9,900 $1,980 $4,875 $3,960 $7,920 Vermillion Street Walls Estimated Quantities -Revised 11.01.07 Estimated Wall Total Wall Repair Cost $ 872,183 Less Local Street Walls $ 414.018 Remaining Vermillion St. Walls $ 458,165 Less Federal TEA 21 Grant $ 230.000 $ 228,165 Less 50% MnDOT Cost Share $ 114,082 Remaining City Share of Wall Repair $ 114,082 Total City Wall Repair Cost Local Street Walls $ 414,018 City Share of Verm St. Wall Repair $ 114.082 TOTAL $ 528,100 Vermillion Street Walls Estimated Quantities -Revised 11.01.07 Option - Do Not Assess Wall Repair City ROW MnDOT ROW Proj Cost City Sheet Impr No Wall Repair Total Estimated dA dress Constr Cost Constr Cost btotal (20 % Ovefiead) Protect Asmt Assessment Assessment 119 Seventh Street $2,780 $2,780 $3,336 $4,500 $4,500 602 Vermillion $25,125 $59,375 $84,500 $101,400 $9,900 $9,900 612 Vermillion $129,889 $99,027 $228,916 $274,699 $5,700 $5,700 706 Vermillion $123,927 $187,872 $311,799 $374,159 $9,900 $9,900 715 Vermillion $5,600 $8,100 $13,700 $16,440 $1,980 $1,980 718 Vermillion $7,710 $3,735 $11,445 $13,734 $4,875 $4,875 800 Vermillion $24,652 $10,635 $35,287 $42,344 $3,960 $3,960 807 Vermillion 2 2 13 060 $38,392 46 070 $7,920 $7,920 $345,015 $381,804 $872,183 Option - 20 % Assessment Cfty ROW MnDOT ROW Proj Cost City Street Impr 20 % of Wall Repair Total Estimated Address Consh Cost Constr Cost Subtotal {20 % Overhead) Protect Asmt Cost Assessment Assessment 119 Seventh Sheet $2,780 $2,780 $3,336 $4,500 $667 $5,167 602 Vermillion $25,125 $59,375 $84,500 $101,400 $9,900 $20,280 $30,180 612 Vermillion $129,889 $99,027 $228,916 $274,699 $5,700 $54,940 $60,640 706 Vermillion $123,927 $187,872 $311,799 $374,159 $9,900 $74,832 $84,732 715 Vermillion $5,600 $8,100 $13,700 $16,440 $1,980 $3,288 $5,268 718 Vermillion $7,710 $3,735 $11,445 $13,734 $4,875 $2,747 $7,622 800 Vermillion $24,652 $10,635 $35,287 $42,344 $3,960 $8,469 $12,429 807 Vermillion $25,332 $13,060 $38,392 $46,070 $7,920 9 214 $17,134 $174,437 Option - 10 % Assessment City ROW MnDOT ROW Proj Cost City Street Impr 10 % of Wall Repair Total Estimated Address Constr Cost Constr Cost Subtotal {20 % Overhead) Prolect Asmt Cost Assessment Assessment 119 Seventh Street $2,780 $2,780 $3,336 $4,500 $334 $4,834 602 Vermillion $25,125 $59,375 $84,500 $101,400 $9,900 $10,140 $20,040 612 Vermillion $129,889 $99,027 $228,916 $274,699 $5,700 $27,470 $33,170 706 Vermillion $123,927 $187,872 $311,799 $374,159 $9,900 $37,416 $47,316 715 Vermillion $5,600 $8,100 $13,700 $16,440 $1,980 $1,644 $3,624 718 Vermillion $7,710 $3,735 $11,445 $13,734 $4,875 $1,373 $6,248 800 Vermillion $24,652 $10,635 $35,287 $42,344 $3,960 $4,234 $8,194 807 Vermillion $25,332 $13,060 $38,392 $46,070 $7,920 4 607 $12,527 $87,218 Option - 5 % Assessm ent City ROW MnDOT ROW Proj Cost City Street Impr 5 % of Wall Repair Total Estimated Address Constr Cost Constr Cost Subtotal (20 % Overhead) Protect Asmt Cost Assessment Assessment 119 Seventh Street $2,780 $2,780 $3,336 $4,500 $167 $4,667 602 Vermillion $25,125 $59,375 $84,500 $101,400 $9,900 $5,070 $14,970 612 Vermillion $129,889 $99,027 $228,916 $274,699 $5,700 $13,735 $19,435 706 Vermillion $123,927 $187,872 $311,799 $374,159 $9,900 $18,708 $28,608 715 Vermillion $5,600 $8,100 $13,700 $16,440 $1,980 $822 $2,802 718 Vermillion $7,710 $3,735 $11,445 $13,734 $4,875 $687 $5,562 SOOVermillion $24,652 $10,635 $35,287 $42,344 $3,960 $2,117 $6,077 807 Vermillion $25,332 $13,060 $38,392 $46,070 $7,920 82.304 $10,224 $43,609 Option - 2.5 % Assessment City ROW MnDOT ROW Prof Cost City Sheet Impr 2.5 % of Wall Repair Total Estimated Address Constr Cost Constr Cost Subtotal (20 % Overhead) Prolect Asmt Cost Assessment Assessment 119 Seventh Street $2,780 $2,780 $3,336 $4,500 $83 $4,583 602 Vermillion $25,125 $59,375 $84,500 $101,400 $9,900 $2,535 $12,435 612 Vermillion $129,889 $99,027 $228,916 $274,699 $5,700 $6,867 $12,567 706 Vermillion $123,927 $187,872 $311,799 $374,159 $9,900 $9,354 $19,254 715 Vermillion $5,600 $8,100 $13,700 $16,440 $1,980 $411 $2,391 718 Vermillion $7,710 $3,735 $11,445 $13,734 $4,875 $343 $5,218 800 Vermillion $24,652 $10,635 $35,287 $42,344 $3,960 $1,059 $5,019 807 Vermillion $25,332 $13,060 $38,392 $46,070 $7,920 1 1 2 $9,072 $21,805