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Based on the information contained within this report, the proposed improvements as described can be <br />considered to be necessary, cost-effective, and feasible from an engineering standpoint. <br />7. PROJECT SCHEDULE <br />The proposed schedule for the 2020 Goodview Avenue Improvement Project is as follows: <br />Authorize Preparation of Feasibility Report ...................... <br />Neighborhood Meeting (Complete) .................................. <br />Receive Feasibility Report ................................................ <br />Public Hearing/Consider Ordering Project ....................... <br />Plans and Specifications Preparation ............................... <br />Neighborhood Open House with Plans ............................ <br />Approve Plans and Specifications and Authorize Bidding <br />Project Bid Opening.......................................................... <br />Award Construction Contract ............................................ <br />Construction...................................................................... <br />Assessment Hearing........................................................ <br />8. FEASIBILITY AND RECOMMENDATION <br />....October 21, 2019 <br />November 20, 2019 <br />......January 6, 2019 <br />.... February 3, 2020 <br />February/March 2020 <br />.....March 2020 <br />.....March 2020 <br />April/May 2020 <br />April/May 2020 <br />May — September 2020 <br />October 2020 <br />The 2020 Goodview Avenue Improvement Project consists of pavement improvements, spot subgrade <br />corrections, culvert replacements and minor drainage improvements. The estimated cost of the street <br />improvement project is $1,320,000 for Option 1. <br />Option 2, which involves additional widening of the road for additional pedestrian and bicycle safety, <br />would have an estimated cost of $1,540,000. <br />Based on the information contained within this report, the proposed improvements as described can be <br />considered necessary, cost-effective, and feasible from an engineering perspective. WSB recommends <br />construction of the proposed improvements as detailed in this report. The economic feasibility of this <br />project will be determined by the City Council. <br />Feasibility Report <br />2020 Goodview Avenue Improvement Project <br />City of Hugo, MN <br />WSB Project No. R-014873-000 <br />Page 7 <br />