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Project Costs and Funding
<br />Project Funding from Public Improvement Bonds and Special Assessments to Benefitting Properties.
<br />Mill and Overlay
<br />Improvements
<br />Alternate # 1
<br />Mill and Overlay
<br />Improvements
<br />Alternate # 2
<br />City Cost City Cost City Cost Assessment Total Cost
<br />Surface Improvements $139,000.00 $318,800.00 $324,660.00 $139,140.00 $463,800.00
<br />Watermain Improvements $0.00 $0.00 $114,620.00 $7,680.00 $122,300.00
<br />Sanitary Sewer Improvements $0.00 $0.00 $81,000.00 $0.00 $81,000.00
<br />Drainage Improvements $0.00 $65,900.00 $43,500.00 $23,400.00 $66,900.00
<br />Total $139,000.00 $384,700.00 $563,780.00 $170,220.00 $734,000.00
<br />2020 STREET AND UTILITY IMPROVEMENTS
<br />Saint Anthony Village, Minnesota
<br />Amendment to Feasibility
<br />Full Reconstruction
<br />Alternate #3Silver Lake Terrace
<br />Summary of Cost Options
<br />Proposed Improvements Option 1 Option 2 Option 3 Option 4
<br />Croft Dr & 32nd Ave
<br />Street & Utility Improvement $1,365,300 $1,365,300 $1,365,300 $1,365,300
<br />Silver Lane
<br />Mill & Overlay $346,900 $346,900 $346,900 $0
<br />Silver Lake Terr - Alternate #1
<br />Mill & Overlay w/Retaining Wall $139,000 $0 $0 $0
<br />Silver Lake Terr - Alternate #2
<br />Mill & Overlay w/Retaining Wall
<br />+ Curb & Gutter
<br />$0 $384,700 $0 $0
<br />Silver Lake Terr - Alternate #3
<br />Full Reconstruction w/Retaining Wall $0 $0 $734,000 $734,000
<br />Project Total $1,851,200 $2,096,900 $2,446,200 $2,099,300
<br />2020 STREET AND UTILITY IMPROVEMENTS
<br />SUMMARY OF COSTS
<br />Option 1 $1,546,700 $304,500 $1,851,200
<br />Option 2 $1,792,400 $304,500 $2,096,900
<br />Option 3 $1,971,480 $474,720 $2,446,200
<br />Option 4 $1,624,580 $474,720 $2,099,300
<br />2020 STREET AND UTILITY IMPROVEMENT PROJECT
<br />FUNDING SOURCES
<br />Proposed Improvements City
<br />Costs
<br />Special
<br />Assessments Total
<br />**Option #1 & #2 include assessments from Street Reconstruction only.
<br />Option #3 & #4 include additional assessment of $170,220 from Silver Lake Terr Reconstruction.
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