TC Res. No. 2005-02 RESCINDING RESOLUTION NO. 04-23,TOWN OF AVON, COLORADO
RESOLUTION 05-02
Series of 2005
A RESOLUTION RESCINDING RESOLUTION NO. 04-23,
SERIES OF 2004, DECLARING THE NOTTINGHAM
ROAD IMPROVEMENTS (PHASE I) TO BE IN
PURSUANCE OF A PUBLIC PURPOSE AND
AUTHORIZING ALL STEPS NECESSARY AND PROPER
FOR ACQUISITION OF ALL INTERESTS, RIGHTS-OF-
WAY AND/OR EASEMENTS NEEDED TO CONSTRUCT
SUCH IMPROVEMENTS
WHEREAS, by Resolution No. 04-23, Series of 2004, adopted June 22, 2004, this
Council declared the Nottingham Road Improvements (Phase I) ("the Project") to be in
pursuance of the public interest and for a public purpose and authorized Town of Avon staff to
take all actions necessary and proper for acquisition of all interests, rights-of-way and/or
easements needed to perform such improvements, including, but not limited to, acquisition by
negotiation or the power of eminent domain; and
WHEREAS, by reason of changes in circumstances, the Town Council now finds
and concludes that other capital projects of the Town ought to have a higher priority and that
moneys budgeted for the Project will be more prudently spent on one or more of such other
projects;
NOW, THEREFORE, BE IT RESOLVED:
1. Resolution No. 04-23, Series of 2004, is hereby rescinded.
2. Town of Avon staff are directed to cease negotiations for acquisition of
easements and rights-of-way for the Project and to dismiss any petitions in condemnation related
to the Project, now pending in the District Court of Eagle County.
3. The approval of the contract for acquisition of an easement from Sunnyside at
Avon Association, approved at the meeting of the Council on January 25, 2005, is withdrawn.
ADOPTED at a regular meeting of the Town Council of the Town of Avon the
8th day of February, 2005.__
SRAM.
ATTEST:
P "n
Tov ~ Clerk
Memo
To: Honorable Mayor and Town Council
Thru: Larry Brooks, Town Manager
From: Norman Wood, Town Engineer
Date: February 2, 2005
Re: Capital Projects Update and Recommendations
Summary: The attached analysis for various types and levels of Nottingham
Road Improvements was prepared in response to issues and questions raised at the last two
council work sessions and by various council members in the mean time. This analysis
includes the project as currently designed but revises estimated costs based on actual
appraised values for rights-of-way to be acquired and a revised construction cost estimate
dated December 27, 2004. It also reflects an anticipated property owner contribution of
$200,000 that was not included in the original project budget. This analysis also includes cost
estimates for the project without a roundabout, a project with reconstruction of existing
roadway sections and no widening or pedestrianlstreetscape improvements and a project with
only a two-inch asphalt overlay from 1-70 to the Metcalf Road intersection. The cost of these
improvements is estimated to vary from $ 1,980,000 for original project with roundabout and
property owner contribution, down to $ 335,000 for two-inch asphalt overlay. You may note
that the actual cost of the overlay is approximately $180,000 and the other costs are for
expenses already incurred toward the original project. The overlay is expected to provide a
three to five year time period to re-evaluate the Nottingham Road Project and the impacts of
potential development.
Other issues that have arisen within the past few weeks that have a potential significant impact
on the Capital Improvements Fund Budget include the impending development of Lot 61 and
the Confluence. Development of these projects necessitates implementation of the Town
Center Mall Plan Implementation and the Transportation Center projects. Neither of these
projects is clearly defined at this time. The 2004 Capital Projects Fund Budget included
$100,000 each for planning purposes for both the Transportation Center and Town Center
Mall Implementation Plan. No funds were expended for either of these projects in 2004.
Subsequently, this $200,000 is carried forward and is available as an addition to the
$1,900,000 for the Transportation Center and the $1,100,000 for the Town Center Mall Plan
Implementation that is in the 2005 Budget.
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Based upon the currently anticipated slower rate of development on the Wildwood Resort
PUD (Cottonwood) and the apparent earlier development of Lot 61 and The Confluence, we
suggest the following modifications to the implementation of the Capital Improvements Fund
be considered:
1. Halt Current Nottingham Road Project Immediately
2. Add 2-inch Asphalt Overlay Project on Nottingham Road from I-70 to Metcalf Road
to the 2005 Street Improvement Project
3. Authorize selection of a Landscape Architect/Design Team to proceed with
conceptual design for the Town Center Mall Plan Implementation, Transportation
Center Layout and connections to The Confluence Site.
The projected financial impacts of these changes are projected as:
1. Halt Current Nottingham Road Project Deduct $ 2,550,000
2. Add Nottingham Road Overlay Add 335.000
3. Increase Capital Projects Fund Balance $ 2,215,000
A copy of the current 2005 Capital Improvements Fund Budget is attached. This Budget
projects a fund balance of $ 2,293,232 at the end of 2005. The above modifications would
increase this to $ 4,508,232 with no other changes or adjustments. We anticipate changes
including increased revenues and decreased project costs during 2004 will increase this
balance to slightly over $ 5,000,000.
We believe the $ 200,000 budgeted in 2004 for planning the Town Center Mall Project and
the Transportation Center will be sufficient to develop preliminary level design details and
cost estimates needed to evaluate available options and their feasibility. This in turn can be
used to develop potential funding programs and mechanisms for implementation of the Town
Center Mall Plan and Transportation Center through the coordinated efforts associated with
development of surrounding properties and utilization of available grant funds for the
Transportation Center.
Recommendation: The following actions are recommended:
1. Halt the Current Nottingham Road I-70 to Buck Creek immediately.
2. Add 2-inch asphalt overly on Nottingham Road to Metcalf Road to the 2005
Street Improvement Project.
3. Authorize selection of Landscape Architect/Design Team to proceed with
conceptual level design for Implementation of Town Center Mall Plan,
Transportation Center Layout and connections to The Confluence.
4. Authorize preparation of Resolution to Amend the Capital Improvements Fund
Budget to reflect these changes.
Town Manager Comments:
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Nottingham Road Improvements - Phase 1
I-70 to Buck Creek
January 29, 2005
I. Alternate I - Project as Originally Planned:
Current Project Budget
(From November 8, 2004)
Construction $ 1,930,000
Design & Surveying 40,000
Appraisals
15,000
Legal
30,000
R/W Acquisition
245,000
Contract Administration & Testing
60,000
Contingencies
230.000
Total Project Budget
$ 2,550,000
Anticipated Property Owner Contribution -0-
Current Estimate
(Revised 1/29/05)
$ 1,730,000
80,000
15,000
30,000
65,000
60,000
200.000
$ 2,180,000
$ 200,000
Total Anticipated Project Cost $ 2,550,000 $ 1,980,000
* Include $80,000 additional costs for miscellaneous modifications including bus
stop addition and street light fixture upgrade.
II. **Alternate II - Revised Project Without Roundabout:
Construction
Design & Surveying
Appraisals
Legal
R/W Acquisition
Contract Administration & Testing
Contingencies
Total Estimated Project Cost
Anticipated Property Owner Contribution
$ 1,410,000
120,000
15,000
30,000
65,000
50,000
190.000
$ 1,880,000
$ 180,000
Total Anticipated Project Cost $ 1,700,000
This Alternate may delay construction one year to allow time for design changes.
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I
III. * *Alternate III - Street Reconstruction Without Widening or Pedestrian
Streetscape Improvements:
Construction
$ 470,000
Design & Surveying
110,000
Appraisals
15,000
Legal
15,000
R/W Acquisition
30,000
Contract Administration & Testing
30,000
Contingencies
70.000
Total Estimated Project Cost
$ 740,000
Anticipated Property Owner Contribution $ -0-
Total Anticipated Project Cost $ 740,000
This Alternate may delay construction one year to allow time for design changes.
IV. ***Alternate IV - Overlay Existing Street From Roundabout 1 to Metcalf Road
Construction
$ 130,000
Design & Surveying
100,000
Appraisals
15,000
Legal
15,000
R/W Acquisition
30,000
Contract Administration & Testing
15,000
Contingencies
30.000
Total Estimated Project Cost
$ 335,000
Anticipated Property Owner Contribution
Total Anticipated Project Cost
$ -0-
$ 335,000
This Alternate should extend the life of the existing road surface from 3 to 5 years
and allow additional time to re-evaluate the project required to serve this area.
Note: Above Cost Estimates are based on IME Construction Cost Estimate dated
December 27, 2004 and R/W Acquisition Costs are based Summary of Value
Conclusions from Valuation Consultants, Inc. received January 6, 2005.
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