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The estimate construction cost of the project is $3,990,507.00. The City's estimated share of <br />the construction is $806,699.25. The City will also share in the cost of construction engineering <br />at a rate of 8% of City's construction share. This is estimated at $64,535.94. The total <br />estimated City share of the project is $871,235.19. Of this amount Lyngblomsten will be <br />responsible for $698,106. The remaining City share of $173,129 will be funded though the <br />City's Municipal State Aid fund. <br />Any additional streetscaping or landscaping requested by the City will be in addition to this <br />amount. <br />The Joint Powers Agreement has been drafted to set forth a basic understanding of both the City <br />and County project responsibilities and cost share. Significant Components include: <br />• Description of improvements and agreement on layout. <br />• Intersection access modifications. <br />• Provisions for the inclusion of landscaping elements by City. <br />• Maintenance responsibilities for storm ponds, street lighting and electricity. <br />• Cost Share. Actual amount will based on final contract bid. <br />A separate Joint Powers Agreement will need to be entered into with the City of Shoreview <br />regarding shared maintenance responsibilities. <br />RECOMMENDATION <br />Staff is recommending adoption of Resolution No. 22-105 approving the Joint Powers Agreement <br />with Anoka County for Reconstruction of Hodgson Road and County Road J. <br />ATTACHMENTS <br />1. Resolution No.22-105 <br />2. Joint Powers Agreement <br />