Laserfiche WebLink
Lake Street <br />Street Improvements <br />PUBLIC HEARING <br />December 15, 1992 <br />Our File No. 37215 <br />Proiect Description: Lake Street is proposed to be reconstructed as a 32 foot wide urban <br />street in accordance with City standards. The project includes street and storm sewer <br />improvements. The existing sanitary sewer and water main utilities are in good condition and <br />are not included within the scope of this project. <br />Proiect Cost Summary: <br />Street Improvements $106,646 <br />Storm Sewer Improvements 26,833 <br />Total Project Cost $133,479 <br />City Portion of Costs: <br />Street Improvements $19,061 <br />Storm Sewer Improvements 26 833 <br />Total City Cost $45,894 <br />City Portion of Total Costs: $ 45,894 x 100% = 34.38% <br />$133,479 <br />Note: 1. City Policy is to assess 80% of the costs associated with street reconstruction. 100% <br />of the curb and gutter costs are assessed. <br />2. City will pay for 100% of the storm sewer costs. <br />Assessment Rate Summary: <br />Item <br />Project Total Assess. Assessment <br />Cost Footage Rate <br />Street $87,585 <br />Storm Sewer 0.00 <br />Total $87,585 <br />37215.cor <br />1305.29 L.F. <br />1305.29 L.F. <br />Page 1 <br />$67.10/L.F. <br />$67.10/L.F. <br />