HomeMy WebLinkAbout11-18-19 City Commission Packet Materials - C7. Street and Curb Reconstruction Fund CIP for FY21-25
Commission Memorandum
REPORT TO: Honorable Mayor and City Commission
FROM: Kristin Donald, Finance Director
SUBJECT: Adopt the Street and Curb Reconstruction Fund Capital
Improvement Plan (CIP) for Fiscal Years 2021-2025 .
AGENDA ITEM TYPE: Consent
MEETING DATE: November 18, 2019
RECOMMENDATION: Adopt the Street and Curb Reconstruction Fund Capital
Improvement Plan (CIP) for Fiscal Years 2021-2025.
BACKGROUND: Each year, the City Manager is required to prepare a 5 Year Capital
Improvements Plan and submit it to the Commission by December 15th. The Public Works
Department, City Manager, and other city staff met in October and November to develop the
attached Capital Plan for the equipment and capital needs of the Street and Curb Reconstruction
Fund. Similar to recent years past, we are bringing the various parts of the plan forward as
items on the Consent agenda. We will be prepared to address questions, if they arise, at the
public meeting.
This plan outlines the use of Street Maintenance District dollars that are dedicated to the
reconstruction of streets and curbs. The policy for required matches with Special Improvement
Districts (SID’s) is outlined in Commission Resolution No. 4507.
Each project is dependent upon the creation of a Special Improvement District to pay for a share
of the project costs. If preliminary information indicates that property owners along the street
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are likely to have sufficient protests to prevent creation of the SID, we recommend moving to the
next project on the list. The project originally scheduled for FY21 has already been moved to the
bottom of the list due to the preliminary feedback. We have yet to have a SID with 75% share to
property owners pass the preliminary information stage.
UNRESOLVED ISSUES: None.
ALTERNATIVES: As suggested by the City Commission. If the Commission does not
wish to adopt this schedule tonight, it can be scheduled for approval on a later agenda.
FISCAL EFFECTS: This step in the process has no fiscal effect. Once adopted, the
Capital Improvements Plan becomes the basis of the City Manager’s Recommended Budget for
FY21.
Report compiled on: October 31, 2019
Attached: Street and Curb Reconstruction CIP Section
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STREET & CURB RECONSTRUCTION FUND FINANCIAL SUMMARY Financial Summary Current YearFY20 FY21 FY22 FY23 FY24 FY25UnscheduledProjected Beginning Reserve Balance Dedicated to CIP 2,146,605$ 1,762,338$ 1,723,436$ 2,042,724$ 2,153,671$ 2,348,728$ Plus: Street Maintenance Assessments Dedicated 709,733$ 723,928$ 738,406$ 753,174$ 768,238$ 783,603$ Plus: SID for N Tracy ‐ SCR16 ‐ 50% 506,000$ Plus: SID for S 5th (Olive to Hayes) ‐75% 2,108,490$ Plus: SID for W Harrison (Tracy to 6th) ‐ 75% 1,077,356$ Plus: SID for S 6th (Babcock to Cleveland) ‐ 75% 1,746,681$ Plus: SID for S 3rd (Olive to Cleveland) ‐75%1,539,543 Plus: SID for S 4th (College to Babcock) ‐75%1,351,322 Less: Scheduled CIP Project Costs (1,600,000)$ (2,871,320)$ (1,496,474)$ (2,388,908)$ (2,112,724)$ (1,861,763)$ (10,104,000)$ Projected Year‐End Cash Dedicated to CIP 1,762,338$ 1,723,436$ 2,042,724$ 2,153,671$ 2,348,728$ 2,621,890$ Assumptions Made for Revenue Estimates Current YearFY20 FY21 FY22 FY23 FY24 FY25Total Estimated Annual Street Assessment Revenue 709,733$ 709,733$ 723,928$ 738,406$ 753,174$ 768,238$ Estimated Annual Increase ‐ Attributed to Annexations 0.0% 2% 2%2% 2% 2%Total Estimated Revenues 709,733$ 723,928$ 738,406$ 753,174$ 768,238$ 783,603$ Current Revenues Dedicated to Street & Curb CIP % 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% Plus: Increase Dedicated to Reconstruction & Curbs 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% Total % Dedicated to CIP 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%Total Estimated Revenues Dedicated to CIP 709,733$ 723,928$ 738,406$ 753,174$ 768,238$ 783,603$ ProjectedProjectedCURRENT$(2,871,320)$(1,496,474)$(2,388,908)$(2,112,724)$(1,861,763)$(10,104,000)FY20 FY21 FY22 FY23 FY24 FY25 UNSCHEDULEDSTREET RECONSTRUCTION PROJECTS 61
STREET & CURB RECONSTRUCTION FUND PROJECT SUMMARY Project # Project Name FY2021 FY2022 FY2023 FY2024 FY2025 UnscheduledSCR01 ANNUAL CURB REPLACEMENT & CONCRETE REPAIR PROGRAM 60,000 60,000 60,000 60,000 60,000 ‐ SCR13 S 6TH (BABCOCK TO CLEVELAND)‐DESIGN & CONSTRUCTION ‐ ‐ 2,328,908 ‐ ‐ ‐ SCR14 S 5TH (OLIVE TO HAYES) ‐ DESIGN AND CONSTRUCTION 2,811,320 ‐ ‐ ‐ ‐ SCR15 W HARRISON (TRACY TO 6TH)‐DESIGN AND CONSTRUCTION ‐ 1,436,474 ‐ ‐ ‐ ‐ SCR23UNSCHEDULED STREET RECONSTRUCTION PROJECTS ‐ ‐ ‐ ‐ 10,104,000 SCR24S 3RD (OLIVE TO CLEVELAND) ‐ DESIGN & CONSTRUCTION ‐ ‐ ‐ 2,052,724 ‐ ‐ SCR25S 4TH (COLLEGE TO BABCOCK) ‐ DESIGN & CONSTRUCTION ‐ ‐ ‐ 1,801,763 ‐ Fiscal Year totals 2,871,320 1,496,474 2,388,908 2,112,724 1,861,763 10,104,000 62
STREET & CURB RECONSTRUCTION FUND DETAIL BACKGROUND This plan outlines the use of Street Maintenance District dollars that are dedicated to the reconstruction of streets and curbs. The policy for required matches with Special Improvement Districts (SID’s) is outlined in Commission Resolution No. 4507. Each project is dependent upon the creation of a Special Improvement District to pay for a share of the project costs. If preliminary information indicates that property owners along the street are likely to have sufficient protests to prevent creation of the SID, we recommend moving to the next project on the list. CAPITAL PLAN SUMMARY The roads are proposed each year and depending on the preliminary information staff will move forward or move on to the next project on the list. 63
Project NameYear Description Amount Total Project #ANNUAL CURB REPLACEMENT & CONCRETE REPAIR PROGRAM 60,000 60,000 DESCRIPTION: ‐ WHEN A PEDESTRIAN RAMP IS INSTALLED, MANY TIMES ‐ THE ADJACENT CURBS NEED TO BE REPLACED IN ORDER ‐ TO GET DRAINAGE TO NOT STOP AT THE NEW RAMP. ‐ SMALLER CURB REPAIRS CAN BE NECESSARY RATHER THAN ‐ REPLACING A WHOLE BLOCK. THESE REPAIRS RESULT IN ‐ IMPROVED STORMWATER CONTROL, AND FACILITATES ‐ BETTER STREET SWEEPING. ADDITIONALLY, BROKEN CURBS ‐ CAN BE HAZARDOUS TO VEHICLE TIRES. THESE ‐ IMPROVEMENTS CAN BE COMBINED WITH ADA RAMP ‐ REPLACEMENT WORK AND INLET REPLACEMENT WORK. ‐ ALTERNATIVES CONSIDERED: ‐ CONTINUE CURRENT OPERATIONS ‐ ADVANTAGES OF APPROVAL: ‐ THIS WILL ALLOW COMPLETION OF SMALLER PROJECTS ‐ INSTEAD OF WAITING FOR AN ENTIRE BLOCK TO BE ‐ REPAIRED. ‐ ADD OPERATING COSTS: ‐ COST OF MATERIALS ‐ ANNUAL CURB REPLACEMENT & CONCRETE REPAIR PROGRAM 2021SCR01 (FY21) 64
Project NameYear Description Amount Total Project #ANNUAL CURB REPLACEMENT & CONCRETE REPAIR PROGRAM 60,000 DESCRIPTION: ‐ WHEN A PEDESTRIAN RAMP IS INSTALLED, MANY TIMES ‐ THE ADJACENT CURBS NEED TO BE REPLACED IN ORDER ‐ TO GET DRAINAGE TO NOT STOP AT THE NEW RAMP. ‐ SMALLER CURB REPAIRS CAN BE NECESSARY RATHER THAN ‐ REPLACING A WHOLE BLOCK. THESE REPAIRS RESULT IN ‐ IMPROVED STORMWATER CONTROL, AND FACILITATES ‐ BETTER STREET SWEEPING. ADDITIONALLY, BROKEN CURBS ‐ CAN BE HAZARDOUS TO VEHICLE TIRES. THESE ‐ IMPROVEMENTS CAN BE COMBINED WITH ADA RAMP ‐ REPLACEMENT WORK AND INLET REPLACEMENT WORK. ‐ ALTERNATIVES CONSIDERED: ‐ CONTINUE CURRENT OPERATIONS ‐ ADVANTAGES OF APPROVAL: ‐ THIS WILL ALLOW COMPLETION OF SMALLER PROJECTS ‐ INSTEAD OF WAITING FOR AN ENTIRE BLOCK TO BE ‐ REPAIRED. ‐ ADD OPERATING COSTS: ‐ COST OF MATERIALS ‐ ANNUAL CURB REPLACEMENT & CONCRETE REPAIR PROGRAM 202260,000 SCR01 (FY22)65
Project NameYear Description Amount Total Project #ANNUAL CURB REPLACEMENT & CONCRETE REPAIR PROGRAM 60,000 DESCRIPTION: ‐ WHEN A PEDESTRIAN RAMP IS INSTALLED, MANY TIMES ‐ THE ADJACENT CURBS NEED TO BE REPLACED IN ORDER ‐ TO GET DRAINAGE TO NOT STOP AT THE NEW RAMP. ‐ SMALLER CURB REPAIRS CAN BE NECESSARY RATHER THAN ‐ REPLACING A WHOLE BLOCK. THESE REPAIRS RESULT IN ‐ IMPROVED STORMWATER CONTROL, AND FACILITATES ‐ BETTER STREET SWEEPING. ADDITIONALLY, BROKEN ‐ CURBS CAN BE HAZARDOUS TO VEHICLE TIRES. THESE ‐ IMPROVEMENTS CAN BE COMBINED WITH ADA RAMP ‐ REPLACEMENT WORK AND INLET REPLACEMENT WORK. ‐ ALTERNATIVES CONSIDERED: ‐ CONTINUE CURRENT OPERATIONS ‐ ADVANTAGES OF APPROVAL: ‐ THIS WILL ALLOW COMPLETION OF SMALLER PROJECT ‐ INSTEAD OF WAITING FOR AN ENTIRE BLOCK TO BE ‐ REPAIRED. ‐ ADD OPERATING COSTS: ‐ COST OF MATERIALS ‐ ANNUAL CURB REPLACEMENT & CONCRETE REPAIR PROGRAM 202360,000 SCR01 (FY23)66
Project NameYear Description Amount Total Project #ANNUAL CURB REPLACEMENT & CONCRETE REPAIR PROGRAM 60,000 DESCRIPTION: ‐ WHEN A PEDESTRIAN RAMP IS INSTALLED, MANY TIMES ‐ THE ADJACENT CURBS NEED TO BE REPLACED IN ORDER TO ‐ GET DRAINAGE TO NOT STOP AT THE NEW RAMP. ‐ SMALLER CURB REPAIRS CAN BE NECESSARY RATHER THAN ‐ REPLACING A WHOLE BLOCK. THESE REPAIRS RESULT IN ‐ IMPROVED STORMWATER CONTROL, AND FACILITATES ‐ BETTER STREET SWEEPING. ADDITIONALLY, BROKEN CURBS ‐ CAN BE HAZARDOUS TO VEHICLE TIRES. THESE ‐ IMPROVEMENTS CAN BE COMBINED WITH ADA RAMP ‐ REPLACEMENT WORK AND INLET REPLACEMENT WORK. ‐ ALTERNATIVES CONSIDERED: ‐ CONTINUE CURRENT OPERATIONS. ‐ ADVANTAGES OF APPROVAL: ‐ THIS WILL ALLOW COMPLETION OF SMALLER PROJECTS ‐ INSTEAD OF WAITING FOR AN ENTIRE BLOCK TO BE ‐ REPAIRED. ‐ ADDITIONAL OPERATING COSTS: ‐ COST OF MATERIALS ‐ ANNUAL CURB REPLACEMENT & CONCRETE REPAIR PROGRAM 202460,000 SCR01 (FY24)67
Project NameYear Description Amount Total Project #ANNUAL CURB REPLACEMENT & CONCRETE REPAIR PROGRAM 60,000 DESCRIPTION: ‐ WHEN A PEDESTRIAN RAMP IS INSTALLED, MANY TIMES ‐ THE ADJACENT CURBS NEED TO BE REPLACED IN ORDER TO ‐ GET DRAINAGE TO NOT STOP AT THE NEW RAMP. ‐ SMALLER CURB REPAIRS CAN BE NECESSARY RATHER THAN ‐ REPLACING A WHOLE BLOCK. THESE REPAIRS RESULT IN ‐ IMPROVED STORMWATER CONTROL, AND FACILITATES ‐ BETTER STREET SWEEPING. ADDITIONALLY, BROKEN CURBS ‐ CAN BE HAZARDOUS TO VEHICLE TIRES. THESE ‐ IMPROVEMENTS CAN BE COMBINED WITH ADA RAMP ‐ REPLACEMENT WORK AND INLET REPLACEMENT WORK. ‐ ALTERNATIVES CONSIDERED: ‐ CONTINUE CURRENT OPERATIONS. ‐ ADVANTAGES OF APPROVAL: ‐ THIS WILL ALLOW COMPLETION OF SMALLER PROJECTS ‐ INSTEAD OF WAITING FOR AN ENTIRE BLOCK TO BE ‐ REPAIRED. ‐ ADDITIONAL OPERATING COSTS: ‐ COST OF MATERIALS ‐ ANNUAL CURB REPLACEMENT & CONCRETE REPAIR PROGRAM 202560,000 SCR01 (FY25)68
Project NameYear Description Amount Total Project #S 6TH (BABCOCK TO CLEVELAND)‐DESIGN & CONSTRUCTION 2,328,908 DESCRIPTION: ‐ RECONSTRUCTION OF SOUTH 6TH AVENUE FROM BABCOCK TO ‐ CLEVELAND, INCLUDING REPAIRS TO FAILED CURBS & ‐ GUTTERS. THE STREET IS ALREADY IN A FAILING ‐ CONDITION AND CONTINUES TO FUNCTION; HOWEVER, ‐ EVENTUALLY THE STREET WILL BECOME DETERIORATED TO ‐ A POINT WHERE IT IS UNFEASIBLE TO MAINTAIN AND ‐ KEEP OPEN TO PUBLIC USE. THIS PROJECT WILL PROVIDE ‐ A CITY STANDARD STREET SECTION, WITH ADA COMPLIANT ‐ PEDESTRIAN RAMPS, PAVEMENT MARKINGS, AND SIGNAGE ‐ WHICH WILL IMPROVE PEDESTRIAN SAFETY. ALSO, NEW ‐ ASPHALT AND DRAINAGE IMPROVEMENTS WILL ELIMINATE ‐ POTHOLES AND MINIMIZE ICE BUILDUP. ADA COMPLIANCE ‐ AND MS4 PERMIT COMPLIANCE WILL BE MET AT ‐ COMPLETION. THIS PROJECT WILL TRIGGER WATER, SEWER ‐ AND STORM DRAIN IMPROVEMENT PROJECTS WITHIN THE ‐ RECONSTRUCTION AREA. FOR PLANNING PURPOSES, ‐ PROJECT ESTIMATES SOUTH 6TH TO FUNCTION AS A LOCAL ‐ STREET, WHICH WOULD REQUIRE A 75% CONTRIBUTION ‐ FROM PROPERTY OWNERS VIA A SPECIAL IMPROVEMENT ‐ DISTRICT ASSESSMENT. ‐ S 6TH (BABCOCK TO CLEVELAND)‐DESIGN & CONSTRUCTION 20232,328,908 SCR13 69
Project NameYear Description Amount Total Project #S 5TH (OLIVE TO HAYES) ‐ DESIGN AND CONSTRUCTION 2,811,320 DESCRIPTION: ‐ RECONSTRUCTION OF SOUTH 5TH AVE FROM OLIVE TO ‐ HAYES, INCLUDING REPAIRS TO FAILED CURBS AND ‐ GUTTERS. THE STREET IS ALREADY IN A FAILING ‐ CONDITION AND CONTINUES TO FUNCTION; HOWEVER, ‐ EVENTUALLY THE STREET WILL BECOME DETERIORATED TO ‐ A POINT WHERE IT IS UNFEASIBLE TO MAINTAIN AND ‐ KEEP OPEN TO PUBLIC USE. THIS PROJECT WILL PROVIDE ‐ A CITY STANDARD STREET SECTION, WITH ADA COMPLIANT ‐ PEDESTRIAN RAMPS, PAVEMENT MARKINGS, AND SIGNAGE ‐ WHICH WILL IMPROVE PEDESTRIAN SAFETY. ALSO, NEW ‐ ASPHALT AND DRAINAGE IMPROVEMENTS WILL ELIMINATE ‐ POTHOLES AND MINIMIZE ICE BUILDUP. ADA COMPLIANCE ‐ AND MS4 PERMIT COMPLIANCE WILL BE MET AT ‐ COMPLETION. THIS PROJECT WILL TRIGGER WATER, SEWER ‐ AND STORM DRAIN IMPROVEMENT PROJECTS WITHIN THE ‐ RECONSTRUCTION AREA. FOR PLANNING PURPOSES, ‐ PROJECT ESTIMATES SOUTH 5TH TO FUNCTION AS A MINOR ‐ COLLECTOR, WHICH WOULD REQUIRE A 50% CONTRIBUTION ‐ FROM PROPERTY OWNERS VIA A SPECIAL DISTRICT ‐ ASSESSMENT. ‐ S 5TH (OLIVE TO HAYES) ‐ DESIGN AND CONSTRUCTION 20212,811,320 SCR14 70
Project NameYear Description Amount Total Project #W HARRISON (TRACY TO 6TH)‐DESIGN AND CONSTRUCTION 1,436,474 DESCRIPTION: ‐ RECONSTRUCTION OF WEST HARRISON FROM TRACY TO 6TH, ‐ INCLUDING REPAIRS TO FAILED CURBS AND GUTTERS. THE ‐ STREET IS ALREADY IN A FAILING CONDITION AND ‐ CONTINUES TO FUNCTION; HOWEVER, EVENTUALLY THE ‐ STREET WILL BECOME DETERIORATED TO THE POINT WHERE ‐ IT IS UNFEASIBLE TO MAINTAIN AND KEEP OPEN TO ‐ PUBLIC USE. THIS PROJECT WILL PROVIDE A CITY ‐ STANDARD STREET SECTION, WITH ADA COMPLIANT ‐ PEDESTRIAN RAMPS, PAVEMENT MARKINGS, AND SIGNAGE ‐ WHICH WILL IMPROVE PEDESTRIAN SAFETY. ALSO, NEW ‐ ASPHALT AND DRAINAGE IMPROVEMENTS WILL ELIMINATE ‐ POTHOLES AND MINIMIZE ICE BUILDUP. ADA COMPLIANCE ‐ AND MS4 PERMIT COMPLIANCE WILL BE MET AT ‐ COMPLETION. THIS PROJECT WILL TRIGGER WATER, SEWER ‐ AND STORM DRAIN IMPROVEMENT PROJECTS WITHIN THE ‐ RECONSTRUCTION AREA. FOR PLANNING PURPOSES, ‐ PROJECT ESTIMATES WEST HARRISON TO FUNCTION AS A ‐ LOCAL STREET, WHICH WOULD REQUIRE A 75% ‐ CONTRIBUTION FROM PROPERTY OWNERS VIA A SPECIAL ‐ IMPROVEMENT DISTRICT ASSESSMENT. ‐ UNSCHEDULED STREET RECONSTRUCTION PROJECTS ‐ 10,104,000 DESIGN & CONSTRUCTION: ‐ DAVIS (CHURCH TO PLUM) ‐ $702,000 ‐ N GRAND (MENDENHALL TO PEACH) ‐ $1,311,000 ‐ W OLIVE (8TH TO TRACY) ‐ $1,911,000 ‐ S GRAND (OLIVE TO HAYES) ‐ $2,331,000 ‐ W LINCOLN (GRAND TO WILLSON) ‐ $247,000 ‐ S BLACK (COLLEGE TO CUL‐DE‐SAC) ‐ $753,000 ‐ N 17TH (DURSTON TO END) ‐ $1,114,000 ‐ W KOCH (8TH TO TRACY) ‐ 1,735,000 ‐ UNSCHEDULED STREET RECONSTRUCTION PROJECTS UNSCHEDULED10,104,000 SCR23W HARRISON (TRACY TO 6TH)‐DESIGN AND CONSTRUCTION 20221,436,474 SCR15 71
Project NameYear Description Amount Total Project #S 3RD (OLIVE TO CLEVELAND) ‐ DESIGN & CONSTRUCTION 2,052,724 DESCRIPTION: ‐ RECONSTRUCTION OF S 3RD AVE FROM OLIVE TO ‐ CLEVELAND, INCLUDING REPAIRS TO FAILED CURBS AND ‐ GUTTERS. THE STREET IS ALREADY IN A FAILING ‐ CONDITION AND CONTINUES TO FUNCTION; HOWEVER, ‐ EVENTUALLY THE STREET WILL BECOME DETERIORATED TO ‐ A POINT WHERE IT IS UNFEASIBLE TO MAINTAIN AND ‐ KEEP OPEN TO PUBLIC USE. THIS PROJECT WILL PROVIDE ‐ A CITY STANDARD STREET SECTION, WITH ADA COMPLIANT ‐ PEDESTRIAN RAMPS, PAVEMENT MARKINGS, AND SIGNAGE ‐ WHICH WILL IMPROVE PEDESTRIAN SAFETY. ALSO, NEW ‐ ASPHALT AND DRAINAGE IMPROVEMENTS WILL ELIMINATE ‐ POTHOLES AND MINIMIZE ICE BUILDUP. ADA COMPLIANCE ‐ AND MS4 PERMIT COMPLIANCE WILL BE MET AT ‐ COMPLETION. THIS PROJECT WILL TRIGGER WATER, SEWER ‐ AND STORM DRAIN IMPROVEMENT PROJECTS WITHIN THE ‐ RECONSTRUCTION AREA. ‐ S 3RD (OLIVE TO CLEVELAND) ‐ DESIGN & CONSTRUCTION 20242,052,724 SCR24 72
Project NameYear Description Amount Total Project #S 4TH (COLLEGE TO BABCOCK) ‐ DESIGN & CONSTRUCTION 1,801,763 DESCRIPTION: ‐ RECONSTRUCTION OF S 4TH FROM COLLEGE TO BABCOCK, ‐ INCLUDING REPAIRS TO FAILED CURBS AND GUTTERS. ‐ THE STREET IS ALREADY IN A FAILING CONDITION AND ‐ CONTINUES TO FUNCTION; HOWEVER, EVENTUALLY THE ‐ STREET WILL BECOME DETERIORATED TO A POINT WHERE ‐ IT IS UNFEASIBLE TO MAINTAIN AND KEEP OPEN TO ‐ PUBLIC USE. THIS PROJECT WILL PROVIDE A CITY ‐ STANDARD STREET SECTION, WITH ADA COMPLIANT ‐ PEDESTRIAN RAMPS, PAVEMENT MARKINGS, AND SIGNAGE ‐ WHICH WILL IMPROVE PEDESTRIAN SAFETY. ALSO, NEW ‐ ASPHALT AND DRAINAGE IMPROVEMENTS WILL ELIMINATE ‐ POTHOLES AND MINIMIZE ICE BUILDUP. ADA COMPLIANCE ‐ AND MS4 PERMIT COMPLIANCE WILL BE MET AT ‐ COMPLETION. THIS PROJECT WILL TRIGGER WATER, SEWER ‐ AND STORM DRAIN IMPROVEMENT PROJECTS WITHIN THE ‐ RECONSTRUCTION AREA. FOR PLANNING PURPOSES, ‐ PROJECT ESTIMATES SOUTH 5TH TO FUNCTION AS A LOCAL ‐ STREET WHICH REQUIRES A 75% CONTRIBUTION FROM ‐ PROPERTY OWNERS VIA A SPECIAL DISTRICT ‐ ASSESSMENT. ‐ S 4TH (COLLEGE TO BABCOCK) ‐ DESIGN & CONSTRUCTION 20251,801,763 SCR25 73