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ST8505-CS 860818GINN, INC. CONSULTING ENGINEERS August 18, 1986 Preliminary Belt Line Road Street Assessment Program The street assessments for the Belt Line Road Improvement project have been prepared by three different methods. These three methods are summarized on the next two pages for comparison. The results have been tabulated for both a 6-lane and a 4-lane project. Method A, as shown in the table, is based on assessing the property owners for the total project cost that is assessible without deducting the funds appropriated by Dallas County from that figure. The gross cost to the City using this method includes all non-assessible items (ie., landscaping, street lights, and traffic signalization), 10% of the paving and engineering costs and all non-recoverable assessments (ie., Public R.O.W.'s and other non-assessible property). The net total cost to the City is found by deducting the funds appropriated by Dallas County from the City's gross cost for the above items mentioned. Method B is based on assessing the property owners for the net total project cost that is assessible which is found by deducting the funds appropriated by Dallas County from the total project cost. The gross cost to the City using this method is based on the sum of the costs for all the non-assessible items, 10% of the paving and engineering and all non-recoverable assessments. Method C is based on deducting both the funds appropriated by Dallas County and the 1984 bond funds originally estimated for this project from the total project cost to arrive at a net figure of which is to be accounted for through street assessments. Since the net figure accountable from street assessments is a fixed figure, the assessment to be applied is directly related to the recoverable assessments. Therefore, the actual linear footage which is recoverable is what determines the assessment rate per front foot. The net total cost to the City using this method is the 1984 bond funds originally estimated for this project (ie. $3,660,000.00). In all three methods, the front footages are the same. The total frontage length for this project is 17,100 linear feet. The recoverable assessed frontage with DP&L's frontage included is 16,710 linear feet. The recoverable assessed frontage without DP&L's frontage included is 11,962 linear feet. Belt Line Road Street Assessment Sunanary (O-Lane) TOTAL PROJECT COST {)- I.ane PROPERTY Oh~RS (Assessments) 6-Lane w/DP & L 6-Lane w/out DP & L CITY OF COPPELL 6-Lane w/DP [ L 6-Lane w/out DP [ L Method A $6,094,015.41 $ 700,000.00 $5,159,045.40 $3,693,147.88 $ 234,970.01 $1,700,867.53 Method B Method C $308.74/LF $6,094,015.41 700,000.00 $4,512,702.60 $3,230,457.72 $ 881,31.2.81 $2,163,557.69 $270.O6/LF $6,094,015.41 $ 700,000.00 $1,734,015.41 $3,660,000.00 $103.77/LF $144.96/LF Belt Line Road Street Assessment Sun, nary (4-Lane) 'IDTAL PROJECT COST 4- 'Lane PROPERTY O~NERS (,Assessments) 4-Lane w/DP & L 4-Lane w/out DP & L C I'I¥ OF COPPELL 4-Lane w/DP ~ L 4-Lane w/out DP § L Method A $5,921,699.28 $ 700,000.00 $4,966,880.40 $3,555,584,88 $ 254,818.88 $1,666,114.40 Method B Method C $297.24/LF $5,921,699.28 $ 700,000.00 $4,319,200.80 $3,091,937.76 $ 902,498.48 $2,129,761.52 $258.48/LF $5,921,699.28 700,000. O0 $1,561,699.28 $3,660,000.00 $ 93.46/LF $130.56/LF August 18, 1986 Preliminary Method A (6-Lane) Total Bid Construction Cost & Engineering Fees Less Non-Assessible Items Total Project Cost Assessible 1. Paving and Engineering Portion (Assessed @ 90%) $6,094,015.41 $ -507,187.54 $5,586,827.87 (Assessment $) = $3,073,137.46 x (0.90) =$2,765,823.71 2. Drainage,Curb and Sidewalk Portion=S2,513,690.41 x (1.00) =~2,513,690,41 (Assessed @ 100%) *** TOTAL 1 & 2 =$5,279,514.12 $ For Assessments Assessment/Front Foot: $5,279,514,12 = $308.74/LF 17,100 LF Recoverable $: w/DP & L w/out DP & L ($308.74/LF) ($308.74/LF) (16,710 LF) = $5,159,045.40 (11,962 LF) = $3,693,147.88 Gross Cost To City: (w/DP & L) 1. Non-Assessible Items 2. 10% Paving and Engineering 3. Non-Recoverable Assessments Gross Cost 507,187.54 307,313.75 120,468.72 934,970.01 4. Less Dallas Co. Participation = $-700,000,00 Net Total Cost to City: $ 234,970.01 (w/out DP & L) $ 507,187.54 $ 307,313.75 $1,586,366.24 $2,400,867.53 $ -700,000.00 $1,700,867.53 -4- August 18, 1986 Preliminary Method A (4-Lane) Total Bid Construction Cost & Engineering Fees Less Non-Assessible Items Total Project Cost Assessible $5,921,699.28 $ -553,347.54 $5,368,351.74 (Assessment $) 1. Paving and Engineering Portion (Assessed @ 90%) = $2,854,661.33 x (0.90) =$2,569,195.20 2. Drainage,Curb and Sidewalk Portion=S2,513,690.41 x (1.00) =$2,513,690.41 (Assessed @ 100%) *** TOTAL 1 & 2 =$5,082,885.61 $ For Assessments ASSessment/Front Foot: $5,082,885,61 = $297.24/LF 17,100 LF Recoverable $: w/DP & L w/out DP & L ($297.24/LF) (16,710 LF) = $4,966,880.40 ($297.24/LF) (11,962 LF) = $3,555,584.88 Gross Cost To City: 1. Non-Assessible Items 2. 10% Paving and Engineering 3. Non-Recoverable Assessments Gross Cost 4. Less Dallas County Partic. Net Total Cost to City: (w/DP = $ 553,347.54 = $ 285,466.13 = $ 116,005.21 = $ 954,818.88 = ~-700,000,00 = $ 254,818.88 (w/out DP & L) $ 553,347.54 $ 285,466.13 $1.527.300.73 $2,366,114.40 $ -700,000.0o $1,666,114.40 -5- August 18, 1986 Preliminary Method B (6-Lane) Total Bid Construction cost and Engineering Fees Less Non-Assessible Items Less Dallas County Participation = $ 6,094,015.41 = $ -507,187.54 = $ -700,000,00 Net Total Project Cost Assessible $ 4,886,827.87 (Assessment $) Paving and Engineering Portion (Assessed @ 90%) $2,688,089.58 x (0.90)= $ 2,419,280.62 Drainage, Curb and Sidewalk Portion (Assessed @ 100%) $2,198,738.29 x (1.00)= $ 2,198,738.29 *** TOTAL 1 & 2 = $ 4,618,018.91 $ For Assessments Assessment/Front Foot: $4,168,018.91 17,100 LF $270.06/LF Recoverable $: w/DP & L ($270.06/LF) (16,710 LF) = $4,512,702.60 w/out DP & L ($270.06/LF) (11,962 LF) = $3,230,457.72 Gross Cost to City: 1. Non-Assessible Items 2. 10% Paving and Engineering 3. Non-Recoverable Assessments Gross Cost to City (w/DP & L) = $ 507,187.54 = $ 268,808.96 = $ 105.316.31 = $ 881,312.81 (W/OUt DP & L) $ 507,187.54 $ 268,808.96 $1,387,561.19 $2,163,557.69 -6- August 18, 1986 Preliminary Method B (4-Lane) Total Bid Construction cost and Engineering Fees Less Non-Assessible Items Less Dallas County Participation = $ 5,921,699.28 = $ -553,347.54' = $ -700,000,00 Net Total Project Cost Assessible $ 4,668,351.74 (Assessment $) Paving and Engineering Portion (Assessed @ 90%) $2,482,629.46 x (0.90)= $ 2,234,366.51 ® Drainage, Curb and Sidewalk Portion (Assessed @ 100%) $2,185,722.28 x (1.00)= $ 2,185,722.28 *** TOTAL 1 & 2 = $ 4,420,088.79 $ For Assessments Assessment/Front Foot: $4,420,088,79 17,100 LF $258.48/LF Recoverable $: w/DP & L ($258.48/LF) (16,710 LF) = $4,319,200.80 w/out DP & L ($258.48/LF) (11,962 LF) = $3,091,937.76 Gross Cost to City: 1. Non-Assessible Items 2. 10% Paving and Engineering 3. Non-Recoverable Assessments Gross Cost to City $553,347.54 $248,262.95 $100,887,99 = $902,498.48 (w/out DP & L) 553,347.54 248,262.95 $1,328,151.03 $2,129,762.52 -7- August 18, 1986 Preliminary Method C (6-Lane) Total Bid Construction Cost and Engineering Fees Less Dallas County Participation Gross Project Cost to City of Coppell Less 1984 Bond Funds Appropriated Net Project Cost Financed Through Assessment 6,094,015.41 -700,000.00 5,394,015.41 $-3,660,000,0Q $ 1,734,015.41 A~s~ssment/Front Foot: **(Must determine ahead of time whether or not the City can collect the assessment from DP & L for this method to work) (w/DP & L): (w/out DP & L) $1,734,015.41 16,710 LF $1,734,015.41 11,962 LF Gross Cost to City Less Recoverable Assessments Net Total Cost to City = $ 103.77/LF = $ 144.96/LF = $5,394,015.41 = $1,734,015.41 = $3,660,000.00 -8- August 18, 1986 Preliminary Method C (4-Lane) Total Bid Construction Cost and Engineering Fees Less Dallas County Participation Gross Project Cost to City of Coppell Less 1984 Bond Funds Appropriated Net Project Cost Financed Through Assessment = $ 5,921,699.28 = $ -700,000,00 = $ 5,221,699.28 = $-3,660,000.00 $ 1,561,699.28 Assessment/Front FoQt~ **(Must determine ahead of time whether or not the City can collect the assessment from DP & L for this method to work) (w/DP & L): (w/out DP & L) $1,561.699,28 16,710 LF = $ 93.46/LF $1.561,699.28 = $130.56/LF 11,962 LF Gross Cost to City Less Recoverable Assessments Net Total Cost to City = $5,221,699.28 = $1,561,699.28 = $3,660,000.00 ***NOTE: If the City elects to assess for a 4-Lane roadway using Method C but constructs the full 6-Lanes, the difference in cost to be picked up by the City would be as follows: Assessments needed for 6-Lanes = $1,734,015.41 Actual Assessments collected(for 4-Lane) = $1.561,699.28 Cost Difference to be picked up by City = $ 172,316.13 -9-