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MM <br />A RESOLUTION RECEIVING A FEASIBILITY REPORT FOR THE <br />2016 STREET, DRAINAGE AND UTILITY IMPROVEMENTS AND <br />CALLING HEARING ON IMPROVEMENT <br />WHEREAS, pursuant to city council authorization, adopted on August 4, 2015, a feasibility <br />report has been prepared by FOCUS Engineering, hic. for the 2016 Street, Drainage and Utility <br />Improvements; and <br />WITE REAS, the feasibility report reconmiends that benefitting properties along the project route <br />be assessed all or a portion of the cost of the improvements pursuant to the city's Special Assessment <br />Policy and Minnesota Statutes, Chapter 429; and <br />WHEREAS, the feasibility report provides it regarding whether the proposed <br />improvement is necessary, cost-effective, and feasible; whether it should best be made as proposed or in <br />connection with some other improvement; the estimated cost of the improvements as recommended; and a <br />description of the methodology used to calculate individual assessments for affected parcels. <br />1. That the City Council will consider the improvements in accordance with the report and the <br />assessments of the abutting properties for all or a portion of the cost of the improvements <br />pursuant to Minnesota Statues, Chapter 429 with an estimated total project cost of $1,195,000 for <br />the street improvements and an estimated total project cost of $214,000 for the waters ain <br />improvements. <br />2. A public hearing shall be held on such proposed improvements on the 4th day of November, <br />2015, in the council chambers of the City Hall at or approximately after 7:00 P.M. and the clerk <br />shall give mailed and published notice of such hearing and improvement as required by law. <br />ADOPTED BY THE LAKE ELMO CITY COUNCIL ON THE SIXTH DAY OF OCTOBER, 2015. <br />CITY OF LAKE ELM© <br />Mike Pearson <br />Mayor <br />(Seal) <br />ATTEST: <br />.hil4ohnson"'/ <br />City"Clerk <br />Resolution No. 2015-XX <br />