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09-16-25 City Council Meeting Packet
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09-16-25 City Council Meeting Packet
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10/20/2025 12:12:02 PM
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Project Costs & Assessments <br />2026 Capital Improvement Plan Budget - $2,740,000 <br />Total Estimated Project Cost - $2,392,000 <br />Total Estimated City Cost - $1,665,000 <br />Total Estimated Assessed Cost - $727,000 <br /> <br />Neighborhood Est. Project Cost City Share Cost (70%)Proposed Unit Assessment Total Assessment Share (30%) <br />Lake Elmo Heights $2,024,000 $1,416,000 $15,200 for 40 Units $608,000 <br />Lake Elmo Heights <br />(Innsdale Ave CDS) <br />$158,000 $110,000 $6,800 for 7 Units $47,600 <br />Eagle Point Creek Estates $210,000 $139,000 $15,800 for 4 Units <br />$7,900 for 1 Unit <br />$71,000 <br />TOTALS $2,392,000 $1,665,000 $727,000
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