City of Hopkins 2019 Street & Utility Improvements Project. November 14, 2018 Neighborhood Meeting #2

City of Hopkins 2019 Street & Utility Improvements Project November 14, 2018 Neighborhood Meeting #2

2019 Street & Utility Improvements Project

Tonight s Meeting A. Presentation 1. Utility Improvements 2. Street Improvements 3. Special Assessments Calculation, Interest, Payments Deferring Assessments 4. Project Schedule B. Open House Staff will be on hand to answer any individual questions and take comments

Existing Pavement Conditions

Project Development Process

Sanitary Sewer Improvements

Water Main Improvements

Service Line Replacement Water & sewer services to be replaced from City s main (in the street) to the right-of-way property line, about 10-15 from the curb/gutter Full Service Owned by Property

Storm Sewer Improvements

Summary of Proposed Street Improvements Reconstruction of all project area roadways Addition of concrete curb & gutter where none exists Hiawatha Avenue Lake Street Cambridge Street Addition or expansion of sidewalk facilities Lake Street Cambridge Street Van Buren Avenue

Oak Park Ln Resurfacing of the roadway within the existing curb lines

Mix of lining and open cut reconstruction with 8 PVC of existing 8 clay sanitary sewer Water and sewer service replacement Tyler Ave Bolt replacement on existing 16 mainline water valves, main to remain in place Reconstructing roadway to 32 width, bringing easterly curb in by 4 to create boulevard between existing walk and curb

Lake Street, Van Buren to Tyler Reconstructing street with new concrete curb and gutter Adding sidewalk to the north side of the roadway No improvements to the existing trunk 16 watermain or trunk 30 sewer main Proposed storm sewer replacements & drainage improvements

Lake Street, Tyler to Blake Reconstruction of pavement within existing curb Adding new sidewalk from Oakes Park to Blake Road Utility improvements being completed by Met Council L27 project between Oakes Park and Blake Road

Lake Street, Tyler to Blake Reconstruction of pavement within existing curb New sidewalk from Oakes Park to Blake Road Utility improvements by Met Council L27 project between Oakes Park and Blake Road

Van Buren Ave Reconstructing street to 32 width from 36 width Adding sidewalk to the east side of the roadway (Ramsgate side) Retaining parking on the east side of the roadway (Ramsgate side) No significant utility work utilities are not located within the roadway

Cambridge Street, Van Buren to Bridge Reconstructing street with new concrete curb and gutter Adding sidewalk to the south side of the roadway (Ramsgate side) Replacement of existing 8 cast iron watermain pipe with new 12 ductile iron Eliminating the gravel edging to be replaced by curb/gutter, sidewalk, and turf Coordination with Met Transit on bus stop configuration

Cambridge Street, Van Buren to Bridge

Cambridge Street Bridge Widening the existing 4 sidewalk to 6 width Adding approach panels to each end Milling and adding a low slump overlay to the bridge deck

Cambridge Street, Bridge to Blake Rd No improvements to existing 8 watermain (1990) Proposed gravity, 8 PVC sanitary sewer extension from Blake Rd to existing Taco Bell / vacant lot Reconstructing street to proposed 28 width (currently 30 ) Widening existing 4 walk on the south side to proposed 6 walk

Hiawatha Ave North of Ditch Replacement of existing 8 clay sanitary sewer pipe with new 8 PVC Replacement of existing 6 cast iron watermain pipe with new 8 ductile iron Replacement of sewer and water services to individual properties Reconstructing street to 24 width (existing varies 21 24 width) Reconstructing with concrete curb and gutter Adding new storm sewer Limited tree removals due to condition/species

Hiawatha Ave North of Ditch

Hiawatha Ave Ditch to Blake Rd Replacement of existing 8 clay sanitary sewer pipe with new 8 PVC Replacement of existing 6 cast iron watermain pipe with new 8 ductile iron Reconstructing street to 24 width (existing varies 21 24 width) Replacement of sewer and water services to individual properties Reconstructing with concrete curb and gutter Adding sidewalk to the north side Retaining widened area for parking on the south side

Hiawatha Ave Ditch to Blake Rd

Proposed Street Widths Street Name Width (Curb F-F) Existing Proposed Oak Park Ln 30.5' 30.5' Sidewalk Tyler Ave 36' 32 Existing Lake St, Van Buren to Tyler 24.7' - 26.6' 26 New Lake St, along Oakes Park 36' 36' Existing Lake St, Oakes Park to Blake 36' 30' New Van Buren Ave 35.6' - 37.2' 32' New Cambridge, Van Buren to Hiawatha 23.2' - 25.5' 26 New Bridge on Cambridge 32' 30' Widen 2 Cambridge, Hiawatha to Blake 30' 28' Widen 2 Hiawatha, Cambridge to Ditch 20.7' - 24.4' 24' Hiawatha, Ditch to Blake 24.4 32 26 32 New

New Pedestrian Facilities

Project Budget and Costs

Special Assessment Calculation Streets & Avenues (Street Assessment) 70% of the total street improvement cost Front foot rate subject to cap Utility Mains No assessments Utility Services (Utility Assessment) 50% of as-bid, actual service costs Total Assessment = Utility Assessment + Street Assessment

2019 Front Foot Rate Cap Assessment Caps $91.56 / front foot along streets UNIT assessments will not apply above and beyond front footage rate cap Front Footage Cap Front footage counted up to 125 feet Benefit appraisals

Summary of Preliminary Assessments 167 total properties to be assessed 10 Assessments range from $21,439 to $282,742 157 Assessments range from $185 to $15,565 21 typical single family residential lots to be assessed Hiawatha Ave & Tyler Ave Many have front footage over 125 $7,570 to $14,070 (including utility assessments)

Assessment Amounts: Mapped

Assessment Payments & Additional Payment Options Information 1. Pre pay without interest until June 30*, 2019 2. Pre pay with interest accrued until between July 1* and November 28, 2019 3. Remaining balance put on tax roll after November 28, 2019, Paid over 15 Years 4. Deferred Assessments *Dates are tentative, to be confirmed in April, 2019 Mailings April, 2019 Neighborhood Meeting 3 Review proposed construction, final assessments, calculation examples, payment deadlines, answer questions

Interest on Assessments A. 15 Year Assessment Period B. Interest rate is set 2% above rate City gets on its project financing Recently about a 4% interest rate on assessments Rate to be determined at bond sale in April, 2019 C. Interest rate applied annually to remaining principal balance D. First payment includes interest between July 1*and date of payment *Dates are tentative, to be confirmed in April, 2019

Options to Prepay Assessments A. Prepay partial or in full by June 30*, 2019 No interest charged, private loans can be used Reduces principal amount to be charged interest Prepay amounts as low as $100 Multiple partial pre-payments are accepted B. Prepay partial or in full by November 28, 2019 Interest charged between August 1* and date of payment

Do Nothing Let assessment certify to tax rolls Assessment paid over 15 years with regular tax payment Will be paid out of mortgage escrow if one is established Otherwise due with annual/bi-annual tax payment to Hennepin County Assessment is not a separate payment, line item on Hennepin County tax bill First payment includes interest from July 1, 2019 through December 31, 2020 = 18 months Subsequent payments include interest for a 12 month period This is the most common option selected

$14,070 Assessment at a 5.0% Interest Example Payment Schedule 1 Year Principal Balance Annual Principal Months Interest Annual Interest Annual Total Payment 2019 $14,070.00 $938.00 18 $1,055.25 $1,993.25 2020 $13,132.00 $938.00 12 $656.60 $1,594.60 2021 $12,194.00 $938.00 12 $609.70 $1,547.70 2022 $11,256.00 $938.00 12 $562.80 $1,500.80 2023 $10,318.00 $938.00 12 $515.90 $1,453.90 2024 $9,380.00 $938.00 12 $469.00 $1,407.00 2025 $8,442.00 $938.00 12 $422.10 $1,360.10 2026 $7,504.00 $938.00 12 $375.20 $1,313.20 2027 $6,566.00 $938.00 12 $328.30 $1,266.30 2028 $5,628.00 $938.00 12 $281.40 $1,219.40 2029 $4,690.00 $938.00 12 $234.50 $1,172.50 2030 $3,752.00 $938.00 12 $187.60 $1,125.60 2031 $2,814.00 $938.00 12 $140.70 $1,078.70 2032 $1,876.00 $938.00 12 $93.80 $1,031.80 2033 $938.00 $938.00 12 $46.90 $984.90 Principal Interest Total Totals $14,070.00 $5,979.75 $20,049.75

$11,000 Assessment at a 5.0% Interest Example Payment Schedule 2 Year Principal Balance Annual Principal Months Interest Annual Interest Annual Total Payment 2019 $11,000.00 $733.33 18 $825.00 $1,558.33 2020 $10,266.67 $733.33 12 $513.33 $1,246.66 2021 $9,533.34 $733.33 12 $476.67 $1,210.00 2022 $8,800.01 $733.33 12 $440.00 $1,173.33 2023 $8,066.68 $733.33 12 $403.33 $1,136.66 2024 $7,333.35 $733.33 12 $366.67 $1,100.00 2025 $6,600.02 $733.33 12 $330.00 $1,063.33 2026 $5,866.69 $733.33 12 $293.33 $1,026.66 2027 $5,133.36 $733.33 12 $256.67 $990.00 2028 $4,400.03 $733.33 12 $220.00 $953.33 2029 $3,666.70 $733.33 12 $183.34 $916.67 2030 $2,933.37 $733.33 12 $146.67 $880.00 2031 $2,200.04 $733.33 12 $110.00 $843.33 2032 $1,466.71 $733.33 12 $73.34 $806.67 2033 $733.38 $733.33 12 $36.67 $770.00 Principal Interest Total Totals $10,999.95 $4,675.02 $15,674.97

$1,400 Assessment at a 5.0% Interest Example Payment Schedule 3 Year Principal Balance Annual Principal Months Interest Annual Interest Annual Total Payment 2019 $1,400.00 $93.33 18 $105.00 $198.33 2020 $1,306.67 $93.33 12 $65.33 $158.66 2021 $1,213.34 $93.33 12 $60.67 $154.00 2022 $1,120.01 $93.33 12 $56.00 $149.33 2023 $1,026.68 $93.33 12 $51.33 $144.66 2024 $933.35 $93.33 12 $46.67 $140.00 2025 $840.02 $93.33 12 $42.00 $135.33 2026 $746.69 $93.33 12 $37.33 $130.66 2027 $653.36 $93.33 12 $32.67 $126.00 2028 $560.03 $93.33 12 $28.00 $121.33 2029 $466.70 $93.33 12 $23.34 $116.67 2030 $373.37 $93.33 12 $18.67 $112.00 2031 $280.04 $93.33 12 $14.00 $107.33 2032 $186.71 $93.33 12 $9.34 $102.67 2033 $93.38 $93.33 12 $4.67 $98.00 Principal Interest Total Totals $1,399.95 $595.02 $1,994.97

A. To qualify: Homestead property Deferred Assessments Household income limit of approximately $40,000 Owner must be one of the following: At least 65 years old, Active military service, or Retired by virtue of a permanent & total disability B. Process Mary Lein, 952-548-6310 Submit application & supporting docs by Sept. 30 th Renew annually with City by Sept. 30 th, must meet criteria at time of renewal each year

C. Interest during deferral Deferred Assessments Interest is accrued during deferment period D. Deferment ends, assessment amount due when (per MN Statute): Death of the owner(s) Sale, transfer, or subdivision of property Loss of homestead status on the property Income threshold is exceeded

Summary of Payment Options 1. Prepay in full or part without interest until June 30*, 2019 2. Prepay in full or part with interest from July 1* until Nov. 29, 2019 3. Do nothing --Remaining balance put on taxes after Nov. 29 Paid annually over 15 years, interest rate of about 5% Will impact escrow payments included in mortgage 4. Deferred Assessments Pay at a later date Homestead property, income limit of approx. $40,00 Owner 65 years or more, active military, or disability Typically paid in full at exchange of property *Dates above are tentative, to be confirmed in April, 2019

Project Schedule (2018) November 14 Neighborhood Meeting 2 2 nd Public review of proposed improvements, review preliminary assessments, collect input November 20 City Council Meeting Conduct public hearing on proposed improvements Consider ordering final plans

Project Schedule (2019) February 5 City Council Meeting Approve plans, authorize bidding March 8 Open Bids March 19 City Council Meeting Council orders public hearing on assessments April 1-10 (Date TBD) Neighborhood Meeting 3 April 16 City Council Meeting Conduct public hearing on assessments Consider adopting assessments, awarding contract May to November Construction

Project Communication Project Website: www.hopkins-2019.com

Project Contacts Mike Waltman, P.E. Project Manager o mikewa@bolton-menk.com; 612-221-6946 Nick Amatuccio, P.E. Project Engineer o nickam@bolton-menk.com; 612-965-3926 Eric Klingbeil, P.E. Hopkins Assistant City Engineer o eklingbeil@hopkinsmn.com; 952-548-6357