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CITY OF LAKE ELMO lainymnamm RESOLUTION NO. 201: - A RESOLUTION RECEIVING A FEASIBILITY REPORT FOR THE OLD VILLAGE PHASE 3 STREET AND UTILITY IMPROVEMENTS AND CALLING HEARING ON IMPROVEMENT VLMi NT VVHEREAS, pursuant to city council authorization, adopted on September 20, 2016, a feasibility report has been prepared by FOCUS Engineering, Inc. for the Old Village Phase 3 Street and Utility Improvements; and WHEREAS, the feasibility report recommends that ben fitting properties be assessed all or a portion of the cost of the improvements pursuant to the city'city's Special Assessment Policy and Minnesota Statutes, Chapter 429 and WHEREAS, the feasibility report provides information regarding; whether the proposed improvement is necessary, cost-effective, and feasible; whether it should best be made as proposed or i connection with some other improvement; the estimated cost of the improvements as recommended; and a description of the methodology used to calculate individual assessments for affected parcels. NOW, THEREFORE, BE IT RESOLVED, I. That the City Council will consider the improvements in accordance with the report and the assessments of the abutting properties for all or a portion of the cost of the improvements pursuant to Minnesota Statues, Chapter 429 at an estimated total project cast of ,454,400; consisting of the street, sidewalk and store sewer improvements at 1 147,700, sanitary sewer improvements t $753,800, and water system improvements of $ 52,900. . A public hearing shall be held on such proposed improvements on the 20th day of December, 2016, in the council chambers of the City Ball at or approximately after 7:00 P.M. and the clerk shall give mailed and published notice of such hearing and improvement as required by law, OPTED BY THE LAKE ELMO CITY COUNCIL ON THE FIFTLITEENTLI DAY OF NOVEMBEI 2016 - CITY OF LAKE ELMO Mike Pearson Mayo Resolution No. 01 - a 1