| | | | | | | | | City of Topeka
Council Action Form
Council Chambers
214 SE 8th Street
Topeka, Kansas 66603 www.topeka.org |
| | AprilĀ 4, 2017 |
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| | | | | | | | DATE: | AprilĀ 4, 2017 | | | CONTACT PERSON: | Jeff Hunt | DOCUMENT #: | | SECOND PARTY/SUBJECT: | Misty Harbor Estates No. 5 | PROJECT #: | T-601067.00 | CATEGORY/SUBCATEGORY | 020 Resolutions / 004 Public Improvements | CIP PROJECT: | No | | | ACTION OF COUNCIL: | | JOURNAL #: | | | | PAGE #: | |
DOCUMENT DESCRIPTION: |
A REVISED PETITION, A REVISED PROJECT BUDGET in the amount of $342,689 and AN AMENDED RESOLUTION OF ADVISABILITY AND AUTHORIZATION introduced by Interim City Manager Doug Gerber, authorizing Improvement Project T-601067.00 which will provide street and stormwater installation in Misty Harbor Estates No. 5 located near SW 43rd Street and SW Lakeside Drive as more specifically described therein. (Council District No. 7)
(Approval would increase the previous project budget of $288,477 by $54,212 for a total project budget of $342,689 to provide street and stormwater services in the Misty Harbor Estates No. 5 located at SW 43rd Street and Lakeside Drive. The petition project would be funded 100% by the property owners within the Improvement District.) | POLICY ISSUE: | The project is being brought back to the City Council to increase the project budget by $54,212 for a total project budget of $342,689. The street and stormwater improvements would be funded 100% by property owners in the Improvement District. | STAFF RECOMMENDATION: | Staff recommends the Governing Body move to approve the revised petition, revised project budget and resolution. | BACKGROUND: | The petition, project budget and resolution are being revised to reflect an increase in project costs of $54,212 (from the previously approved project budget of $288,477 to the new project budget of $342,689). This project will include design and construction services, asphalt pavement, curb and gutter, grading, curb inlets and storm sewer pipes.
The Improvement District in Misty Harbor Estates No. 5 includes:
Lots 1 through 7, Block "A"
Lot 1, Block "B"
Lots 1 through 4, Block "C"
Lots 1 through 2, Block "D"
| BUDGETARY IMPACT: | The total project budget is $342,689. The City of Topeka would finance the cost through General Obligation Bonds. This cost would be repaid through assessment on a unit basis for all lots included in the Improvement District. | SOURCE OF FUNDING: | The project will be paid at 100% by the owners of property within the Improvement District. |
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