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Page 3 <br />2. Property Owner Petition. The City Council may decide, by simple majority, <br />on an improvement after receiving a petition for said improvement from the <br />owners of not less than twenty five (25%) of the properties abutting on the <br />streets named in the petition as the location of the improvement. In <br />addition, all owners of real property abutting upon any street named as the <br />location of any improvement may petition the City Council to construct the <br />improvement and to assess the entire cost against their property. In the <br />latter case, the City Council may, without a public hearing, adopt a <br />resolution determining such fact and ordering the improvement. However, <br />it is advisable to conduct public hearings on the improvement to avoid <br />misunderstanding by the petitioners and to also inform the general public <br />about the nature of the project. Proper waiver of assessments and/or <br />agreements should be obtained from each property owner affected by theimprovement. <br />3. Developer Request. A developer who is the owner of all the property <br />within the proposed subdivision may petition the City Council to construct <br />the improvement and to assess the entire cost against the developer's <br />property pursuant to Minnesota Statutes. In such event, the City may, <br />without a public hearing, adopt a resolution determining such fact and <br />ordering the improvement. However, a developer's agreement, including <br />a valid and enforceable waiver of assessments if appropriate, shall be <br />negotiated and executed prior to said authorization. It may also be <br />advisable to conduct public hearings on the improvement to avoid <br />misunderstanding by the petitioners and to also inform the general public <br />about the nature of the project. <br />E. PROJECT COSTS <br />Project costs shall include, but not be limited to, the following: <br />1. Construction costs (day labor or contractual). <br />2. Engineering and consulting fees. <br />3. Administrative fees. <br />4. Right -of -Way acquisition/condemnation costs. <br />5. Legal fees. <br />6. Capitalized interest. <br />7. Financing costs.