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-15- <br /> Project 560 feet northerly from Ridgeway Road and the same dis- <br /> description: tance southerly from the Burlington Northern Railroad <br /> Bridge; <br /> existing road is 32 feet face to face from curb roadway <br /> is based in sandy clay with about six inches of concrete <br /> and two to three inch bituminous layer on top. <br /> Project cost: estimated to be $460, 000 based on engineer ' s experience <br /> with other state MSA projects. <br /> City' s MSA $188 ,0.00 end of 1986 , about $105 , 000 in construction <br /> accumulation: funds expected 1987 , leaving the City approximately <br /> $167 , 000 short to do the project. <br /> Options for advance encumberance of MSA allotments of approximately <br /> funding $42 ,000 each year for the next two years; <br /> shortage: <br /> sale of municipal state aid bonds amounting to $60 , 000 <br /> each year; <br /> General Obligation Bonds with principal and interest <br /> payments not to exceed annual MSA allotment; <br /> • City could lend its own funds to the project to be paid <br /> back by encumbering four years of future allotments <br /> which would probably be sufficient to do the project; <br /> at about $10 a foot under the City' s assessment policy, <br /> the cemetery could be assessed about $30 ,000 for. 2 , 800 <br /> feet; <br /> Project based on MSA rules and regulations; <br /> design: <br /> 36 foot, face to face, 9 ton axle load; <br /> 31 inch total pavement thickness; <br /> 30 mile an hour design speed. <br /> Project with February lst -project design authorization, con- <br /> schedule: struction could start- July 1st. <br /> Road grade: would be retained because of existing sidewalks. <br /> Existing only two inches behind the curb on golf course, creating <br /> right-of-way: problems ,to widen road and for construction; <br /> engineers suggest negotiating an additional 5 foot per- <br /> • manent easement and a temporary 10 feet from the Park <br /> Board; <br />