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05-27-2015 Council Packet
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05-27-2015 Council Packet
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5/27/2015 1:36:49 PM
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In a related matter, attached is the proposed cooperative agreement between Ramsey County and <br />the City to govern the Centerville Road project. The County is agreeing to repay us by February <br />1, 2017 for the costs we advance on the project. The current estimated cost for the project is $3.4 <br />million with the County being responsible for $2.845 million and the City paying for $555,000. <br />The overall cost has increased by $400,000 and the County's share increased by $645,000. The <br />City's share of project costs dropped by $245,000. (Note: These estimates will change based on <br />actual bid/construction results.) Staff recommends approval of the Cooperative Agreement <br />with Ramsey County as presented. <br />
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