Reconstruction of a 1.1-mile stretch of Woodcrest Drive on Coon Rapids has an estimated price tag of $1.452 million.
The Coon Rapids City Council March 19 accepted a feasibility report for the collector street project and set a public/assessment hearing date for Tuesday, April 16, 7 p.m.
A neighborhood meeting for property owners affected took place March 12.
Woodcrest Drive from 99th Avenue to Egret Boulevard was constructed in stages between 1982 and 1987 and because of its age and volume of traffic (3,000 to 6,000 vehicles a day), the road has experienced excessive fatigue cracking and is to the point where routine maintenance in the form of crack sealing and seal coating is no longer cost effective, according to City Engineer Bob Moberg.
Proposed improvements include removal and replacement of the existing bituminous pavement and gravel base, removal and replacement of damaged curb and gutter, installation of ADA (Americans with Disabilities Act) compliant pedestrian curb ramps as needed, and repair or replacement of storm sewer, sanitary sewer and watermain facilities as needed, Moberg wrote in his report to the council.
Benefiting properties along Woodcrest include 66 multi-family residential, eight commercial, one institutional, one undeveloped property zoned for multi-family residential and two city properties.
Under the city’s assessment policy for street reconstruction projects, multi-family residential properties pay $20.24 a front foot and commercial properties $40.48 a front foot.
Assessments less than $500 would be spread over three years at an interest rate of 1.6 percent, while assessments of $500 more would be spread over 10 years with an interest rate of 2.7 percent, Moberg wrote in the feasibility report.
In both cases, the first payment would be due in 2014, he wrote.
Property owners do have the option of paying their entire assessment within 30 days of the council’s adoption of the assessments (May 21) without having to pay any interest, Moberg wrote.
Because Woodcrest is a collector street the balance of the project cost will come from the city’s state aid street account, whose revenues come from the city’s annual state gas tax allotment.
Part of the cost involves the replacement of existing fire hydrants along Woodcrest Drive and watermain valves being repaired or replaced as needed.
That cost estimated at $314,500 will be paid for from the city’s water system maintenance fund, while tree trimming costs, anticipated at $1,000, will come out of the street reconstruction fund, according to Moberg in the feasibility report.
Under the project timetable outlined by Moberg in the feasibility report, a contract is scheduled to be awarded by the council at its Tuesday, May 21 meeting with project construction starting in June and being completed in September.
Peter Bodley is at [email protected]