Transcript Tips for Foth’s Presentation Template

City of Johnston
East of Merle Hay Road Infrastructure Improvements
Council Meeting – NW 55th Avenue Street Special Assessment
February 17, 2015
Agenda
1. Background
2. Street Special Assessment
1. Background
 Planning Process
▪ Initiated October 2012
▪ Steering Team
▪ Public Information - 6 Mtgs
 Develop a Series of Projects
 Methodology of Financing
▪ General Obligation
▪ Sanitary Sewer Connection Fee
▪ Street Special Assessment
1. Project Phases, Schedule and Costs
Project
Phase
Description
Project Schedule
Design/Construction
Total Project Costs
Phase 1A
Sewer Extension to
NW 57th Avenue
Complete/Spring 2015
$780,000.00 est.
$893,500.00 (actual)
Phase 1B
NW 55th Avenue
Summer 2014 to Spring 2015
Summer/Fall 2015
$3,560,000.00 est.
3,236,500.00 (opc)
Phase 2
NW 57th Avenue
Summer 2015 to Spring 2016
Summer/Fall 2016
$4,020,000.00 est.
Phase 3
NW 54th Court (south)
Summer 2016 to Spring 2017
Summer/Fall 2017
$3,100,000.00 est.
Phase 4
NW 60th Avenue
NW 54th Court (north)
NW 61st Street Place
Summer 2017 to Spring 2018
Summer/Fall 2018
$5,780,000.00 est.
TOTAL
All Numbers are Preliminary
$17,240,000.00 (org. est.)
17,030,000.00 (current)
1. Methodology of Financing
Type of Project Costs
Water
Storm Water
Sanitary Sewer
Financing Tools
Water Utility
(All City Rate Payers)
Storm Water Utility
(All City Rate Payers)
Connection Fee
Special Assessment
(Benefited Property Owner)
Street Improvements
General Obligation
(All City Property Taxpayers)
Design, Environmental, Lighting,
Sidewalk/Trails, Utility Impacts,
Right of Way Costs
General Obligation
(All City Property Taxpayers)
1. Summary of Overall Project Financing
Street Special Assessments
Potential Initial Sanitary Sewer
Connection Fees (Paid by Users)
(Paid by Benefited Property Owners)
2%
9%
10%
79%
General Obligation
(All City Property Taxpayers)
All Numbers are Preliminary
Total Project Costs
($17,240,000)
Potential Future Sanitary
Sewer Connection Fees
(General Obligation
until Connection)
2: Street Special Assessment
▪ EMHR Special Assessment Policy (Jan. 20, 2015)
‐ Determines what items will be assessed (32%)
‐ Pavement removal, clearing and grubbing, excavation including
topsoil, subgrade preparation or treatment, PCC paving, PCC
driveways, erosion control, surface restoration and stabilization, traffic
control, pavement markings, and permanent roadway signing will be
assessed
‐ Determines what items will not be assessed
‐ New storm and sanitary sewers, water mains, sidewalk improvements,
engineering fees, legal expenses, administration, street lighting,
private utility relocations or right-of-way costs will not be assessed
‐ Consistent with what has been communicated w/ Residence
2. Range of Special Assessments
32% of Eligible Street Assessment
Street
Phase 1A
(Trunk)
Project Cost
Eligible Street
Special Assessment
Minimum
Average
80%
Maximum
N/A
N/A
N/A
N/A
$ 780,000.00
$ 0.00
NW 55th Ave
$ 3,236,500.00
$ 1,076,330.00
$ 1,164.00
$ 8,018.00
$ 10,718.00
$ 20,118.00
NW 57th Ave
$ 4,020,000.00
$ 1,224,000.00
$ 797.00
$ 6,486.00
$ 9,080.00
$ 12,261.00
NW 60th Ave
$ 2,430,000.00
$ 774,000.00
$ 495.00
$ 5,470.00
$ 7,988.00
$ 9,538.00
NW 61st Pl
$ 1,350,000.00
$ 322,000.00
$ 6,390.00
$ 7,360.00
$ 7,988.00
$ 8,387.00
NW 54th Ct
$ 5,100,000.00
$ 1,488,000.00
$ 806.00
$ 7,888.00
$ 10,186.00
$ 14,623.00
$ 17,240,000.00
$ 4,993,000.00
TOTAL
All Numbers are Preliminary and on a per lot basis
Does Not Include Non-Residential Land Classifications