prairie meadows presentation
TRANSCRIPT
![Page 1: Prairie Meadows Presentation](https://reader033.vdocument.in/reader033/viewer/2022051520/577ccdd81a28ab9e788cca6d/html5/thumbnails/1.jpg)
Annexation and Infrastructure
Improvements
for the
Prairie Meadows Subdivision
May 1, 2014
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Presentation Overview
Annexation Process Infrastructure Improvements and Cost Estimates Financing and Assessments Timeline
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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.
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Available Documents
• Exhibit A – Petition form for signatures
• Exhibit B – Summary of Actions and Policies
• Property information sheet including cost estimates
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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
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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
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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
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Storm Sewer
Improvements
New RCP storm sewer with inlets Sump pump collection Impacts entire basin Project Cost $861,000
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Street Improvements
Curb & gutter, asphalt surfacing, sidewalk & street lights
- 42nd St, 46th St & Klein Ave
- Ditches eliminated
- Project cost $903,000
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Private Utility
Connections
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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
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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
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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
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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
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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
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Q & A
Contact Information - Jeff Schmitt (605) 367-8888 [email protected] - Chad Huwe (605) 367-8600 [email protected]