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CITY OF MOUNDS VIEW - BUSINEES PARK NORTH STREET RECONSTRUCTION <br />Further review of the proposed typical section will be performed during final design. <br />There may be some sections of curb and gutter needing replacement or correction, however, the <br />majority of curb and gutter is expected to remain undisturbed. <br />Minor storm sewer improvements may occur to allow for curb and gutter to be added to the existing <br />storm water utility system. <br />Easements / Permits <br />No easement acquisition is anticipated for this project. The following are likely permit needs for the <br />2018 project: <br />• MPCA General Storm Water Permit for Construction Activity (NPDES) <br />• Rice Creek Watershed District <br />• Ramsey County ROW permit <br />Opinion of Probable Cost <br />The proposed improvement costs are presented below. The total project cost is estimated to be <br />$1,001,000. Based on the construction costs, project cost includes a 7% construction contingency as <br />well as 15% for engineering, legal, and administrative costs. A cost estimate summary is presented <br />below. An opinion of probable cost is presented in Appendix B. <br />TABLE 1 — OPINION OF PROBABLE COST <br />Proposed Street Estimated Total Street Storm Water City Proposed Assessable <br />Assessment Rate Project Cost Improvements Improvements Amount Amount <br />12.5% $1,001,000 $967,000 $34,000 $880,125 $120,875 <br />25% $1,001,000 $967,000 <br />Assessments <br />$34,000 $759,250 $241,750 <br />The area to be assessed includesl6 benefiting parcels as shown on Figure 2 below. The calculated <br />assessable footage for each parcel is shown on figure 2 based on information from Ramsey County <br />City of Mounds View ®Stantec Stantec Project No. 193804074 <br />Business Park North Street Reconstruction Page 4 <br />