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• <br />• <br />AGENDA ITEM 7Di <br />STAFF ORIGINATOR: James E. Studenski, City Engineer <br />COUNCIL MEETING DATE: June 23, 2003 <br />TOPIC: Resolution No. 03 -87, Declaring Cost to be Assessed, Elm Street <br />Reconstruction Project <br />VOTE REQUIRED: 3/5 Vote Required <br />BACKGROUND: <br />A Public hearing was for the Elm Street project was held on October 28, 2002. <br />The city allowed 60 days to elapse following the Public Hearing prior to taking <br />action on the improvements as required by the City Charter. The City received <br />very little opposition to the project and on January 13, 2003, authorized the plans <br />and specifications. The bids were received on June 3rd and are within the project <br />budget. <br />The next step in the process is to declare the costs to be assessed. The total <br />amount to be assessed is $474,615.54. Resolution No. 03 -87 is attached. <br />OPTIONS: <br />1. Adopt Resolution 03 -87, Declaring Cost to be Assessed, Elm Street <br />Reconstruction Project. <br />2. Not Adopt Resolution No. 03 -87. <br />3. Return to staff for further review. <br />RECOMMENDATION: <br />Option No. 1 - Staff recommends that Resolution No. 03 -87 be adopted. <br />