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77TH STREET REALIGNMENT STREET, TRAFFIC SIGNAL, STORM SEWER, SANITARY SEWER AND WATERMAIN IMPROVEMENTS CITY OF LINO LAKES, MINNESOTA EXECUTIVE SUMMARY This Feasibility Report addresses the removal of 77th Street from Marilyn Avenue to Lake Drive (County State Aid Highway 23), and realigning the roadway from Marilyn Avenue to the southeast and connecting to Lake Drive at the intersection of Marketplace Drive. The proposed roadway realignment length is approximately 500 feet (0.09 mile). The proposed improvements also include traffic signal modifications at the intersection of Lake Drive and Marketplace Drive, the construction of storm sewer and a storm water treatment facility, sanitary sewer, and watermain. Refer to the proposed improvements exhibit located in the Appendix. A long term goal of the City has been to realign 77th Street, providing a 4 -way traffic signal at the intersection of Lake Drive, 77th Street, and Marketplace Drive. The realignment of 77th Street will increase safety and provide improved access to Lino Lakes Market Place and other commercial and residential developments in the area. The total estimated project cost is $338,900.00 which includes demolition of a house (Parcel ID# 8- 31 -22 -43 -0001) a 10% contingency and 25% indirect costs. The estimated project costs do not include costs associated with right -of -way acquisition, property acquisition, residential relocation, or residential severances. However, the City of Lino Lakes has provided estimated costs for these items, which are cited within the Report, to assist the City in the overall financing for the roadway realignment project. The project is proposed to be funded through City funds. The project is necessary, cost - effective, and feasible and will result in an increase of safety and provide improved access to Lino Lakes Market Place and other commercial and residential developments in the area. Feasibility Report 1 13849.006 City of Lino Lakes, Minnesota