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07-30-01 PHTable 1 City of Otsego Odean Avenue Improvement Project Actual Costs July -01 Total Construction Cost (includes all Change Orders) Overhead (includes Preliminary Engineering, Design Engineering, Contract Administration, Inspection, Testing, Legal Fees, & Land Service Fees) Sub Total Total Estimated Right of Way & Easement Costs Total Estimated Project Cost TEA21 (Federal) $1,340,000 $1,850,000.00 Local (Non -MSA) $175,000 Local (MSA) $335,000 $475,000.00 Local (MSA) $475,000 $2,325,000.00 $225,000.00 Local (MSA) $225,000 $2,550,000.00 Share/excel/otsego/assessment tablesl.xls Sheet: TABLET Printed: 7/29/01 V. C. S_ A. H. (N.E i ST_) I t l l l� 0 1500 .3000 EXHIBIT A NIq PROJECT SCALEw F-=7 LOCATION MAP nenon OOEAN AVENUE N.E. Anderson 1 t RECONSTRUCTION Assoc.,Inc. I ;^� QoF Oi�SGO. ESOTA SLLOwTe Table 2 Comparison of Cost for Typical Residential Street to Proposed Odean Avenue (per Linear Foot) ITEM QUANTITY COST/UNIT COST QUANTITY COST/UNIT COST Mobilization 1 LS S5000/1 -S $0.45 1 LS 525000/1-S S2.17 Removals 1 ft $2.00/LF S2.00 1 ft S5.90/LF S5.90 Bit. Pavements 0.620 Ton S23/Ton $14.26 1.17 Ton S23/Ton $26.91 Class 5 Agg. 1.0 Ton S5.90/Ton 55.90 1.83 Ton S5.90/Ton $ 10.78 + Bit. Berm/ C. & G. 2 ft S.50/ft S1.00 2 ft S7.25/ft S14.50 Common Exc. 0.802 CY $2.25/CY $1.81 3.5 CY S2.25/CY S7.88 Storm Sewer 1 ft S8.00/ft $8.00 1 ft 549.50/ft $49.50 Revegetation 1 ft S2.50/ft $2.50 1 ft 57.43/ft $7.43 Signs & Markings 1 ft 51.00/ft 51.00 1 ft S3.63/ft $3.63 Bike Path - - S0.00 1 ft 56.5/FT S6.50 Easement & ROW - - 50.00 98.5 sq ft 50.029/sq ft $2.86 - - $0.00 47.3 sq ft 50.144/sq ft S5.45 Estimated Construction $36.92 Estimated Construction S143.51 Indirect Costs @ 20% $7.38 Indirect Costs @ 20% $28.70 Total Project Cost $44.30 Total Project Cost $172.21 Typ. Residential Otsego Street LF Proposed Odean Avenue LF $44.30 = $172.21 City policy calls for assessment against properties equal to the cost of a typical residential street. We recommend an assessment based on S22.15 per frontage foot. + Past residential street project assessments did not include concrete curb. The streets were either bituminous curb or rural sections. 25.7% S hare/excel/otsego/OT334F=,AS-TASLES.xds Sheet TABLE2 Pnnted: 6/1/99 Table 3 City of Otsego Odean Avenue Improvement Project Estimated Roadway Assessments Per Lot Unit using 1 Lot per 40 Acres in Areas Zoned Agricultural and Using Total Front Footage Benefit for Property in Areas Zoned Residential December 1998 1 . , ;ParcEl'Name 1 ost per; $882.65 Parcel Cost pex k<ea>t""` 164302 Assessable Properties Cot Units ' Lflt Unit< 3 issmg Lof Unit Data -' 1 _<: 5882.65 r nn� r. • Otsego Acres 1 st Add Block 1 Lot 1 CRP.7 r, 1 Olson Acres Lot 4 1 aQ,-/_ x.04 $882.65 2 164302 1 S5.923.64 $882.65 3 154303 1 55,923.84 5882.65 4 Otsego Acres 1 st Add Block 1 Lot 1 1 $5,923.84 $882.65 5 Otsego Acres i st Add Block 1 Lot 2 1 $5,923.84 5882.65 g Halls Addition Block 3 Lot 7 1 55,923.84 $882.65 7 Halls Addition Block 3 Lot 6 1 55,923.84 $882.65 8 Otsego Acres 1 st Add Block 2 Lot 2 1 55,923.84 5882.65 9 Otsego Acres 1 st Add Block 3 Lot 1 1 $5.923.84 S882.65 10 211302 1 $5,923.84 $882.65 11 211301 1 S5.923.84 $882.65 12 211300 1 551923.84 $882.65 13 Vasseur's Oak Grove Elates Block 1 Lot 7 1 S5,923.84 $882.65 14 Vasseurs Oak Grove Estates Block 1 Lot 8 1 $5,923.84 $882.65 15 Vasseurs Oak Grove Estates Block 1 Lot 9 1 $5,923.84 5882.65 16 Vasseurs Oak Grove Estates Block 1 Lot 10 1 55,923.84 $882.60 17 Vasseurs Oak Grove Estates 2nd Add.Block 1 Lot 10 1 55,923.84 $882.65 -to w -cc. ir'c Clerk r:rnvp Fsfates 9nd Arid Rlcack 'I Lot 14 1 $5.923.84 5882.65 19 213101 1 $5,923.84 aa04.UZ) 20 Heritage Hills Block 4 Lot 11 1 55,923.84 $882.65 21 Walesch Estates Block 1 Lot 5 1 S5,923.84 $882-65 22 Walesch Estates Block 1 Lot 6 1 $5,923.84 5882.65 23 Walesch Estates Block 1 Lot 14 1 55,923.84 $882.65 24 214300 1 $5,923.84 5882.65 25 214302 1 S5,923.84 5882.65 26 214303 1 S5,923.84 $882.65 27 281202 1 $5,923.84 $882.65 28 Deer Field Acres Block 1 Lot 1 1 S5,923.84 $882.65 29 Walesch Estates 2nd Add Block 4 Lot 15 1 $5,923.84 $882.65 30 282101 1 55,923.84 $882.65 31 281300 1 $5,923.84 $882.65 32 282101-a 1 55,923.84 5882.65 33 283105 1 S5,923.84 $882.65 34 283400 1 $5,923.84 $882.65 35 284203 1 $5,923.84 $882.65 36 284200 1 S5,923.84 $882.65 37 284204 1 S5,923.84 $882.65 38 284201 1 S5,923.84 $882.65 39 284202 1 55.923.84 $882.65 40 284301 1 55,923.84 S882.65 40 5236,954.94 122.15/FF x 10,697.74 FF 'Cost per year is based upon equal annual payments for 10 years at an interest rate of 8%. Share/exceUotsego/07334FEAS-7ABtES.xls Pnntea 6/1/99 Shee': 7ABLE3 Table 3 City of Otsego Odean Avenue Improvement Project Estimated Roadway Assessments Per Lot Unit using 4 Lots per 40 Acres in Areas Zoned Agricultural with Deferrment until Development July 2001 1 Marcel Name 4mmediately Total Deffered - immediate Deffered Parcel•Cost per:Xear" 2 164302 Assessable . Assessabier Assessable I 74ssessment Assessment 3 Assessable Propefiies Lotllnits Lot Units ` = lot knits ,„ Lotd7nif otAlnit `< `using 3afUnit data 1 ulson Acres Lot 4 1 1 0 $3,500.00 $0.00 $475.65 2 164302 1 1 0 $3,500.00 $0.00 $475.65 3 164303 1 1 0 $3.500.00 $0.00 $475.65 4 Otsego Acres 1 st Add Block 1 Lot 1 (STATE of MN) 0 0 0 $0.00 $0.00 $0.00 5 Otsego Acres 1 st Add Block 1 Lot 2 1 1 0 $3,500.00 $0.00 $475.65 6 Halls Addition Block 3 Lot 7 1 1 0 $3.500.00 $0.00 $475.65 7 Halls Addition Block 3 Lot 6 1 1 0 $3,500.00 $0.00 $475.65 8 Otsego Acres 1 st Add Block 2 Lot 2 1 1 0 $3,500.00 $0.00 $475.65 9 Otsego Acres 1 st Add Block 3 Lot 1 1 1 0 $3,500.00 $0.00 $475.65 10 211302 1 1 0 $3,500.00 $0.00 $475.65 11 211301 1 1 0 $3,500.00 $0.00 $475.65 12 211300 1 1 0 $3,500.00 $0.00 $475.65 13 Vasseur's Oak Grove Estates Block 1 Lot 7 1 1 0 $3,500.00 $0.00 $475.65 14 Vasseur's Oak Grove Estates Block 1 Lot 8 1 1 0 $3,500.00 $0.00 $475.65 15 Vasseur's Oak Grove Estates Block 1 Lot 9 1 1 0 $3,500.00 $0.00 $475.65 16 Vasseur's Oak Grove Estates Block 1 Lot 10 1 1 0 $3,500.00 $0.00 $475.65 17 Vasseur's Oak Grove Estates 2nd Add. Block 1 Lot 10 1 1 0 $3,500.00 $0.00 $475.65 18 Vasseur's Oak Grove Estates 2nd Add.Block 1 Lot 14 1 1 0 $3,500.00 $0.00 $475.65 19 213101 1 1 0 $3,500.00 $0.00 $475.65 20 Heritage Hills Block 4 Lot 11 1 1 0 $3,500.00 $0.00 $475.65 21 Walesch Estates Block 1 Lot 5 1 1 0 $3,500.00 $0.00 $475.65 22 Walesch Estates Block 1 Lot 6 1 1 0 $3,500.00 $0.00 $475.65 23 Walesch Estates Block 1 Lot 14 (DW moved to 81" St) 1 1 0 $3,500.00 $0.00 $475.65 24 214300 1 1 0 $3,500.00 $0.00 $475.65 25 214302 1 1 0 $3,500.00 $0.00 $475.65 26 214303 1 1 0 $3,500.00 $0.00 $475.65 27 281202 1 1 0 $3,500.00 $0.00 $475.65 28 Deer Field Acres Block 1 Lot 1 1 1 0 $3,500.00 $0.00 $475.65 29 Walesch Estates 2nd Add Block 4 Lot 15 1 1 0 $3,500.00 $0.00 $475.65 30 282101 1 4 3 $3,500.00 '$10,500.00 $475.65 31 281300 2 4 2 $7,000.00 $7,000.00 $951.30 32 282101-a 1 2 1 $3,500.00 $3,500.00 $475.65 33 283105 1 1 0 $3,500.00 $0.00 $475.65 34 283403 1 3 2 $3,500.00 $7,000.00 $475.65 35 284203 1 1 0 $3,500.00 $0.00 $475.65 36 284200 1 3 2 $3,500.00 $7,000.00 $475.65 37 284204 1 2 1 $3,500.00 $3,500.00 $475.65 38 284201 1 1 0 $3,500.00 $0.00 $475.65 39 284202 1 1 0 $3.500.00 $0.00 $475.65 40 284301 1 1 0 $3,500.00 $0.00 $475.65 40 51 11 $140,000.00 $38,500.00 $178,500.00 Cost per year is based upon equal annual payments for 10 years at an interest rate of 6%. Nal5sono" n 4n ntaoc.,Inc. o low ;Moo ..w q 4 4 11 'L N W ASSESSABLE UNIT 4 PER 40 ACRES BASIS ODEAN AVENUE N.E. CITY OF OTESGO, MINNESOT/� DATE: 7/30/01 FILE OT334 A5th.dwa ASSESSMENT SCHEDULE ODEAN AVENUE Payment schedule for Street & Storm Sewer Improvements (Equal Annual Payment) Total Principal $3,500.00 Additional Interest Term of Payment 10 First Year Payment Interest Rate 6.00% 141 Days = $81.12 Unpaid Principal Principal Interest Annual %verage Monthly Year Balance Payment on Payment on Payment Payment Payment Initial Assessment Partial YR Interest ---------------------------- 0 $3,500.00 ------------------------------------------------- $0.00 ------------------- $0.00 -------------------- $0.00 None ------------------- None 1 $3,581.12 $265.54 $6.15 $214.87 $486.56 $40.55 2 $3,309.43 $281.47 $6.52 $198.57 $486.56 $40.55 3 $3,021.44 $298.36 $6.92 $181.29 $486.56 $40.55 4 $2,716.16 $316.26 $7.33 $162.97 $486.56 $40.55 5 $2,392.57 $335.24 $7.77 $143.55 $486.56 $40.55 6 $2,049.57 $355.35 $8.24 $122.97 $486.56 $40.55 7 $1,685.98 $376.67 $8.73 $101.16 $486.56 $40.55 8 $1,300.58 $399.27 $9.25 $78.03 $486.56 $40.55 9 $892.06 $423.23 $9.81 $53.52 $486.56 $40.55 10 $459.02 $448.62 $10.40 $27.54 $486.56 $40.55 11 $0.00 $0.00 $0.00 $0.00 None None Total $3,500.00 $81.12 $1,284.48 $4,865.60 $40.55 7/30/01 shared docs/municipal/aotsego/615/ot615ASSSHED.xls ASSESSMENT BASED ON EQUAL ANNUAL PAYMENT Total Principal $3,500.00 Additional Interest Term of Payment 10 yea=s First Year Payment Interest Pate 6.00k 141 Days Unnaid Principal Inte-est Annual Monthly Year ------------------ Balance Payment ------------------------ Pavmenc Payment Payment 0 $3,500.00 0 $81.12 ------------------------ Interest to end of year 1 $3,500.00 $350.00 $210.00 5641.12 $53.43 2 $3,150.00 $350.00 5189.00 $455.00 $37.92 3 $2,800.00 S350.00 $168.00 $455.00 $37.92 4 $2,450.00 $350.00 $147.00 $455.00 $37.92 5 $2,100.00 $350.00 $126.00 $455.00 $37.92 6 $1,750.00 $350.00 $105.00 $455.00 $37.92 7 $1,400.00 $350.00 $84.00 $455.00 $37.92 8 $1,050.00 $350.00 $63.00 $455.00 $37.92 9 $700.00 $350.00 $42.00 $455.00 $37.92 10 $350.00 $350.00 $21.00 $455.00 $37.92 Total $3,500.00 S1,236.12 $4,736.12 $39.47