Request for Committee Action
A briefing memo explaining the purpose, background, and impact of the requested action.
Combining 2021 and 2022 Parkway Paving Program (RCA-2021-00257)
ORIGINATING DEPARTMENT
To Committee(s)
| # | Committee Name | Meeting Date |
|---|---|---|
| 1 | Transportation & Public Works Committee | March 3, 2021 |
Action Item(s)
| # | File Type | Subcategory | Item Description |
|---|---|---|---|
| 1 | Resolution | Appropriation | Passage of Resolution increasing the appropriation for the 2021 Parkway Paving Program (PV006) by $700,000 and expressing the City's intent to reimburse the expenditures with proceeds of tax-exempt bonds to be approved and issued as part of the 2022 Capital Program in order to combine the 2021 and 2022 Parkway Paving Programs for construction to occur in 2021. |
Ward / Neighborhood / Address
| # | Ward | Neighborhood | Address |
|---|---|---|---|
| 1. | Not Applicable |
Background Analysis
The Minneapolis Public Works Department works cooperatively with the Minneapolis Park and Recreation Board (MPRB) to rehabilitate MPRB streets through the Parkway Paving Program (PV001). The budget for this program was $700,000 for 2020 and $700,000 for 2021. Planned projects for 2020 included Theodore Wirth Parkway from 29th Ave N to Golden Valley Road and Theodore Wirth Parkway from Golden Valley Road to the SOO Line Railroad bridge/overpass. The remaining portion of Theodore Wirth Parkway of Golden Valley Road to Plymouth Ave N and Highway 55 to the SOO Line Railroad bridge and overpass were planned to be done in 2021. However, during rehabilitation of Theodore Wirth Parkway in 2020, costs increased due to unforeseen complications with pavement conditions and the presence of contaminated soils. Similar issues with contaminated soils are anticipated for the planned 2021 work, which would exhaust the net debt bond funding allocation for PV001 and potentially delay portions of Theodore Wirth Parkway, which is currently scheduled to be completed in 2022.
In order to mitigate construction impacts, there is a desire to complete the proposed project on Theodore Wirth Parkway over two years, ending during the 2021 construction season instead of over three years as currently programmed. By completing the entire area in the 2021 construction season, the benefits provided are reduced project costs (less mobilization, the advantage of spreading fixed costs over a larger area, etc.) and the overall reduction of the inconvenience to the public.
To accomplish this planned completion, Public Works and Finance and Property Services recommends approval of advancing funds from 2022 to 2021 to complete planned paving work and has determined that adequate cash will be available in the (04100) Permanent Improvement fund to accomplish this activity. This option is possible because the expanded paving program, backed in part by cash transfers, from the 20 Year Streets Infrastructure and Neighborhood Parks Program will not be fully expended in 2021 due to the additional planning required to get several additional projects started in 2021. Bonds to be approved and issued as part of the 2022 Parkway Paving Program will reimburse the cash used in 2021.
After looking at the pavement areas as a whole, there is a desire to complete the entire area during the 2021 construction season, and not return in 2022 to complete the remaining portion of Theodore Wirth. By completing the entire area in one construction season, the benefits provided are reduced project costs (less mobilization, the advantage of spreading fixed costs over a larger area, etc.) and the overall reducing of the inconvenience to the public (one construction season vs. stretching over two years).
To accomplish this planned completion, Fiance and Property Services recommend approval ad has determined that adequate cash will be available in the (04100) Permanent Improvement fund to accomplish this activity. This option is possible because the expanded paving program, backed in part by cash transfers, from the 20 Year Streets Infrastructure and Neighborhood Parks Program will not be fully expended in 2021 due to the additional planning required to get several additional projects started in 2021. Bonds to be approved and issued as part of the 2022 Parkway Parving Program will reimburse the cash used in 2021.