Osseo Approves $2 Million for Street Improvements
The Osseo City Council recently gave the go-ahead to a $2 million street reconstruction project.
Starting in May, construction crews will being rebuilding or repairing several sections of road in Osseo.
That work will occur on stretches of road along 8th Avenue Northeast, 9th Avenue Northeast, 1st Street Northeast, 3rd Street Northeast, North Oaks Drive, Broadway Street, and 1 1/2 Street Northeast.
A less-invasive mill and overlay project will also occur on the County Road 81 frontage road.
Streets planned for reconstruction will receive new curbs and gutters. The project also includes an extension of the city’s storm drain system.
Project costs won’t be finalized until bids from contractors are unsealed. However, “the total project cost estimate in the feasibility report is $2,112,842 and includes all proposed street and utility improvements, as well as all engineering, legal, financing, and administrative costs,” read a memo in the council agenda packet. “The opinion of probable cost is based on projected construction costs and includes a 10 [percent] contingency and 25 [percent] indirect costs.”
The city will foot the bill for 50 percent of the street costs, as well as 100 percent of potential utility repair costs.
Benefiting property owners will pay the remaining 50 percent of project costs through a special assessment. The city has scheduled an assessment hearing for the project on March 25, 2024.
For some homeowners, the city is projecting the assessment to total $11,440 per single-family home.
Meanwhile, construction is expected to begin in May 2024. It will be completed by September 2024.
The Osseo City Council voted 4-1 to move ahead with the project.
Osseo City Council Member Juliana Hultstrom cast the dissenting vote.
See also: Osseo Announces Hire of Two Police Officers