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ST8505-CS 860401GINN, INC. April 1, 1986 CONSULTING ENGINEERS Honorable Lou Duggan & City Council Post Office Box 478 Coppell, Texas 75019 Re: Street Assessment Program Gentlemen: The following is a preliminary summary of the financial impact an assessment program will have on the City of Coppell's proposed construction program for Belt Line Road and Denton Tap'Road. This assessment program would be used throughout Coppell for all other thoroughfares also. It would maximize the contribution by Dallas County from the recent County Bond Program. The following assumptions are used in the calculation: The $4+ million Dallas County Bond Program funds would be used uniformly on Belt Line Road (East) and Denton Tap Road (North). The total distance is 31,100~ feet (5.9 miles). The allocation of bond funds would be approximately $135.00 per foot of street. ® The City of Coppell would fund the difference in construction cost for any roadway segment. e The City of Coppell would recover the maximum amount of funds allowed by state law through the assessment program. The formula for assessment would be: ae Total construction cost minus County participation equals gross cost to City. 90% of gross cost (to be recovered) divided by length of project equals the cost per foot to be recovered. Ce 50% of cost per foot to be recovered is to be applied to adjacent properties. (Excluding intersection rights-of-way, railroad right-of-way, parks, etc.) de The City would pay for street lights, signals, and landscaping. ee The assessments would be paid back throughout the time frame specified in the ordinance. Assessments could be volunteered and paid in advance. The following evaluations are based on cost estimates for 6-lane divided thoroughfares: 16135 Preqon Road · Suite 106 · Dalla~,Tcxa~ 75248 · Phone 214/386-6611 'PI:I zlJeeH law 0 'PI:J 0 I-' Z lU IAI Qgd 'Pt:I Ileddoo I- m IIJ 0 O9d · Old euFI ileal STREET ~EGMENT EVALUATION SEGMENT NO. 1: Denton Tap Road (Sandy Lake Road north to the Denton County Line): Project length is 6,480 feet. The total assessable front footage is 9,702 feet (74.8% of total). Construction Cost County Participation $4,600,000.00 * 875,000.00 Gross Cost to City of Coppell $3,725,000.00 Assessments @ 90% ($3,352,500.00) Recoverable assessments (74.8%) Net Cost to City 2,508,000.00 $1,217,000.00 Assessment Project Cost/ft. Assessment Cost/Front foot $ 517.00 $ 258.00 Includes: 1. Replacement of bridge over Denton Creek to clear 100- year flood w.s. 2. Widening of existing Cottonwood Branch bridge. 3 SEGMENT. NO. Denton Tap Road (Belt Line Road north to Sandy Lake): Project length is 7,522 feet. The total assessable front footage is 14,437 feet (95.9% of total). Construction Cost County Participation $3,700,000.00 * 1,000,000.00 Gross Cost to City $2,700,000.00 Assessment @ 90% ($2,430,000.00) Recoverable Assessments (95.9%) Net Cost to City 2,330,000.00 $ 370,000.00 Assessment Project Cost/ft. Assessment Cost/Front foot $ 323.00 $ 161.00 Includes: 1. Grapevine Creek bridge replacement to raise above 100- year flood w.s. 4 SEGMENT NO.. 3~ Belt Line Road (Denton Tap Road east to Moore Road): Project length is 6,003 feet. The total assessable front footage is 2,195 feet (18.3% of total). Construction Cost $2,045,000.00 County Participation 810,000.00 Gross Cost to City $1,235,000.00 Assessment @ 90% ($1,111,000.00) Recoverable Assessments (18.3%) Net Cost to City 203,000.00 $1,032,000.00 Assessment Project Cost/ft. Assessment Cost/Front foot $ 185.00 $ 93.00 5 SEGMENT NO. 4~ Belt Line Road (Moore Road east to the East City Limit -- Existing Alignment): Project length is 10,990 feet. The total assessable front footage is 9,022 feet (41.05% of total). Construction Cost County Participation $5,931,000.00 1,483,000,00 Gross Cost to City $4,448,000.00 Assessment @ 90% ($4,003,000.00) Recoverable Assessments (41.0%) Net Cost to City 1,641,000.00 $2,807,000.00 Assessment Project Cost/ft. Assessment Cost/Front foot $ 364.00 $ 182.00 * If properties north of railroad volunteer an assessment of $182.00/front foot ($782,600.00) then the recoverable assessment would be approximately $2,423,600.00, and thus the net cost to the City would be reduced to $2,024,400.00. 6 SEGMENT NO. 5~ Belt Line Road (Moore Road to the East City Limit -- Alternate Alignment No. 1): Project length is 11,090 feet. The total assessable front footage 19,040 feet (85.8% of total). Construction Cost County Participation $4,225,000.00 1,497,000.00 Gross Cost to City $2,728,000.00 Assessment @ 90% ($2,455,000.00) Recoverable Assessments (85.8%) Net Cost to City 2,106,000.00 $ 622,000.00 Assessment Project Cost/ft. Assessment Cost/Front foot $ 221.00 $ 110.50 Street lighting costs are based on an estimated cost of $100,000 per mile. Landscaping costs are also estimated at $100,000 per mile. Traffic signal installation costs are estimated to be $75,000 per intersection. The cost of sidewalks has not been included in the construc- tion cost estimates for the above due to the undeveloped condition of most of the frontages. If construction of sidewalks were to be include as a part of any of the roadway segments considered above, it would add approximately $10.00 of assessable cost per front foot to the project. SEGMENT ITEM D~CRIPTION COST Denton Ta~ Road - Sandy Lake Rd. to Denton County Line Landscape Lighting Signals Subtotal $122,727.00 122,727.00 75,000.00 $320,454.00 e Denton Tap Road - Belt Line Rd. to Sandy Lake Rd. Landscape Lighting Signals Subtotal $142,462.00 142,462.00 150,000.00 $434,924.00 t Belt Line Road - Denton Tap Rd. to Moore Road Landscape Lighting Signals Subtotal $113,693.00 113,693.00 25,000,00 $252,386.00 e Belt Line Road - Existing Moore Rd. to East City Limits Landscape Lighting Signals Subtotal $208,144.00 2o8,144.00 150,000.00 $566,288.00 Be Belt Line Road - Alternate Alignment No. 1 - Moore Rd. to East City Limits Landscape Lighting Signals Subtotal $210,038.00 210,038.00 150,000.00 $570,076.00 8 The following summary table lists the project segments in ascending order based on net cost to the City of Coppell: SUMMARY TABLE SEGMENT NET GROSS NO. COST CO~T 2 $ 370,000 $ 2,700,000 5 622,000 2,728,000 3 1,032,000 1,235,000 1 1,217,000 3,725,000 4 2,807,000 4,448,000 ($2,024,400)* LIGHTING, LANDSCAPE, TRAFFIC SIGNALS $ 435,000 570,000 252,000 320,000 566,000 * Net Cost to City with voluntary assessments from properties north of railroad tracks. If the City elects to construct any or all of the thorough- fare segments, the City must have the gross cost to the City available prior to awarding any construction contracts. The overall benefit of this type of assessment program would be to allow the construction of approximately $15 million of street improvements with the funding being supplied as follows: City of Coppell Dallas County Adjacent Property Owners (By assessment) $3.24 million 4.25 million 7.55 million 22% 28% 50% It is recommended that the City of Coppell adopt this type of assessment p{pgram in order to maximize the County's participation and reduce the City's expenditures and thus allow the building of the greatest amount of thoroughfares for the City. The details of this summary report will be presented in our final report. Since~, ~ /$r 10