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HomeMy WebLinkAbout07-133 MAY 22,2007 07 -133 RESOLUTION (CARRIED 7-0 LOST LAID OVER WITHDRAWN PURPOSE: ACCEPT AND APPROVE WAIVER OF SPECIAL ASSESSMENT NOTICES AND HEARING IN CONNECTION WITH IMPROVEMENTS - OMNI BUSINESS PARK INITIATED BY: DEPARTMENT OF PUBLIC WORKS BE IT RESOLVED by the Common Council of the City of Oshkosh that the Waiver of Special Assessment Notices and Hearing under Section 66.0703(7)(b) of the Wisconsin Statutes, for public improvements and services, for the premises described in the attached Waiver is accepted and approved. OMNI BUSINESS PARK Lots 1-6 (6 lots) WAIVER OF SPECIAL ASSESSMENT NOTICES AND "HEARING UNDER SECTION 66.0703, WISCONSIN STATUTES The undersigned, owner of property benefited by the following improvements to be made by the City of Oshkosh, Winnebago County, State of Wisconsin, to wit: For public construction, surveying and inspection of concrete and asphalt pavement. For private construction and public inspection for sanitary sewer, storm sewer, water main, laterals, grading & graveling, and concrete and asphalt street pavement. In consideration of the construction of said improvements by the City of Oshkosh, Wisconsin, I hereby admit that such public improvement will benefit said property and consent to the levying of special assessments against the premises under Section 66.0703 of the Wisconsin Statutes for the cost of such improvements. In accordance with Section 66.0703 of the Wisconsin Statutes, I hereby waive all special assessment notices and hearings required by Section 66.0703 of the Wisconsin Statutes; and I further agree and admit that the benefit of my property from the construction of such improvements is in proportion to the footage thereof: Description of Premises Omni Business Park Lots 1 - 6 Construction of Omni Drive (from Stearns Road to Fountain Avenue) 1. Sanitary Sewer & Laterals (private Construction) Estimated Construction Cost $38,820.00 Private 3% Inspection $1,165.00 Invoice 2. Water Main with Laterals (private Construction) Estimated Construction Cost $127,500.00 Private 3% Inspection $3,825.00 Invoice 3. Storm Sewer w/Laterals (private Construction) Estimated Construction Cost $98,960.00 Private .3% Inspection $2,969.00 Invoice 4. Grading and Graveling (private Construction) Estimated Construction Cost $55,920.00 Private 3 % Inspection $1,678.00 Invoice Page 2 Omni Business Park 5. Concrete Street Paving (Public) - Paving 2008 Center Line Feet of Roadway = 4251f Cost per Center Line Foot = $130.00 Estimated Construction Cost 6% Survey and Inspection $55,250.00 $3,315.00 Invoice Lots 4 & 5 ($55,250.00/2 Lots) = $27,625.00/Lot Assessment 6. Asphalt Street Paving (Public) - Paving in 2008 Center Line Feet of Roadway = 2911f Cost per Center Line Foot = $130.00 Estimated Construction Cost 6% Survey and Inspection $37,830.00 $2,270.00 Invoice Lots 4 & 5 ($37,830.00/2 Lots) = $18,915.00/Lot Assessment 7. Concrete Street Paving (Public) - Paving in 2010 Center Line Feet of Roadway = 880 If Cost per Center Line Foot = $150.00 Estimated Construction Cost 6% Survey & Inspection $132,000.00 $7,920.00 Invoice Lots 1,2,3,5 and 6 ($132,000.0015 Lots) = $26,400.00/Lot Assessment 3 - Year Irrevocable Letter of Credit for Private Construction = $321,200.00 3 - Year Irrevocable Letter of Credit for Private Services = $23,258.00 '2 - Year Irrevocable Letter of Credit After Acceptance of Private Construction = $64,240.00 Signature of Owner: Signature of Authorized Representative David A. Miller, President Date