HomeMy WebLinkAboutPower Point of Pond Row Road and Infrastructure Improvements CC Presentation June 8 2015Pond Row and Fowler Street and
Infrastructure Improvements
Pond Row and Fowler Street and
Infrastructure Improvements
W. Babcock St.
Fowler Avenue
To Huffine
Pond Row
Pond Row extension
HAVEN site
Park Property
Fowler Avenue
Intersection at
Huffine
100-ft ROW
Fowler Avenue
Minor Arterial Cross-section
Fowler Avenue expansion park frontage - Total $1,455,994.67
Pond Row
Intersection at
Ravalli Street
60-ft ROW
100-ft ROW
Pond Row
Local Street Cross-section
Pond Row Road and Infrastructure Cost Estimate
1.Mobilization and permitting……………………………..$47,000
2.Paving and infrastructure improvements….……..$398,953
3.Engineering and project management ..…………...$89,191
4.Contingency (10%)…………………………………………...$44,595
Total…..……………………………………..……..……$579,739
Cost influences:
•Two stream crossings (large culverts & permitting)
•Utilities (water main, storm sewer, street lights)
•Higher construction costs in general
Pond Row Road and Infrastructure Costs
Possible Funding Sources Pond Row Road and Infrastructure
1.TOP Bond premium revenues……………………….$428,000
2.TOP Bond principal unallocated balance……….$915,000
3.Cash-in-lieu of dedicated parkland balance…..$290,000
4.General Fund
5.Other source TBD
Note: The anticipated contribution for development of the parcel
to the east (HAVEN site) would be roughly 20% of the total
cost of Pond Row improvements (approx. $116,000)
Recommendation for Funding
Pond Row Road and Infrastructure
1.TOP Bond premium revenues…………………….$428,000
2.TOP Bond principal unallocated balance…….$151,739
(TOP fund reimbursed if costs lower than estimated)
TOTAL………………………………………………………..$579,739
Possible Next Steps
1.Approve funding for Pond Row via
resolution (on next agenda)
2.Complete design of Pond Row
3.Secure payback agreement with HAVEN
4.Obtain timing variance for Fowler
5.Other action as directed by Commission