prairie meadows presentation

Annexation and Infrastructure

Improvements

for the

Prairie Meadows Subdivision

May 1, 2014

Presentation Overview

Annexation Process Infrastructure Improvements and Cost Estimates Financing and Assessments Timeline

Annexation

Step 1 – Agreement review by property owners.

Step 2 – Petition signed. Must be signed by not less than 75% of registered voters and by the owners of not less than 75% of the value of the territory.

Step 3 – Resolution and agreement to City Council for approval at public hearing.

After annexation – Construct improvements. City services provided.

Available Documents

• Exhibit A – Petition form for signatures

• Exhibit B – Summary of Actions and Policies

• Property information sheet including cost estimates

Why Annex Now?

• Project costs continue to rise due to inflation

• $800,000 in grant funds are available now

• Annexation will eventually need to happen to ensure continuity of city services

Sanitary Sewer

Improvements Rehabilitate sewer main and manholes

Replace services to the house

Investigate sump pumps

Project cost $1,601,000

Past due sewer charges $135,000

Water Main

Improvements New 8-inch PVC water main

New services to property line

Tie into existing house services

Install City Municipal Water Meter

Project Cost $735,000

Storm Sewer

Improvements

New RCP storm sewer with inlets Sump pump collection Impacts entire basin Project Cost $861,000

Street Improvements

Curb & gutter, asphalt surfacing, sidewalk & street lights

- 42nd St, 46th St & Klein Ave

- Ditches eliminated

- Project cost $903,000

Private Utility

Connections

Phasing

Infrastructure Improvements

Phase 1 – 2015 - Sanitary Sewer - Water Distribution - Storm Sewer - Gravel Road Work

Phase 2 – 2016 - Curb and Gutter - Street Surfacing - Street Lights - Sidewalks

Financing the

Improvements

Project Description Cost Estimate

Sanitary Sewer Improvements * $801,000.00

Water Main Improvements $735,000.00

Storm Sewer, C&G Improvements $861,000.00

Surfacing, Sidewalk & Lights $903,000.00

$3,300,000.00

* Includes $800,000 in grants

Assessing for the

Improvements

Distributed on an individual lot basis per front foot. Sanitary Sewer – 3% for 20 years Water Main – 3% for 20 years

Storm Sewer and Curb and Gutter – 3% for 20 years

Surfacing, Sidewalk & Lights – 5.75% for 20 years

Comparison of

Existing Rates

Prairie Meadows Sewer $100.00 Water $41.25 Total $141.25

* 2014 Costs Based on 5,000 Gallons

Sioux Falls Sewer $27.01 Water $27.81 Total $54.82

Timeline

Entitlements and Agreements Petition Signatures – 4 – 6 Weeks

Resolution to City Council

Special Assessment Resolution to City Council - 2017

Tentative First Assessment Payment - 2018

Q & A

Contact Information - Jeff Schmitt (605) 367-8888 jschmitt@siouxfalls.org - Chad Huwe (605) 367-8600 chuwe@siouxfalls.org