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#13 - 2024 Street Improvements Final Assessment Hrg
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#13 - 2024 Street Improvements Final Assessment Hrg
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8/4/2025 4:34:43 PM
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CITY OF LAKE ELMO <br />2024 STREET AND UTILITY IMPROVEMENTS <br />PROJECT NO. 2023.111 <br />FEASIBILITY REPORT FINAL PROJECT <br />TOTAL PROJECT COST $3,495,700 $2,418,000 <br />TOTAL COST: CARRIAGE STATION ADDITION $2,623,700 $1,632,000 <br />Street and Drainage Improvements $2,274,800 $1,597,000 <br />Assessable Cost per lineal foot $155 $110 <br />Commercia/Institutional property Assessable Costs (310 LF)$48,100 $34,100 <br />Non‐commercial property Assessable Costs $668,000 $468,900 <br />Residentail Assessable Parcels 112 112 <br />Residentail Unit Assessment Amount $6,000 $4,200 <br />Watermain Improvements (Water Fund)$348,900 $35,000 <br />TOTAL COST: FRIEDRICH HEIGHTS ADDITION $872,000 $786,000 <br />Street and Drainage Improvements $424,400 $401,000 <br />Non‐commercial property Assessable Costs $127,320 $120,300 <br />Residentail Assessable Parcels 15 15 <br />Residentail Unit Assessment Amount $8,500 $8,100 <br />Watermain Improvements (Water Fund)$447,600 $385,000
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