4.0. SR 01-26-1998 - Laserfiche WebLink

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Proposed assessments to the Developers of the Earl Hohlen and Wadde Schulze properties for trunk sanitary sewer and water, lateral sanitary sewer and water, and street and storm drainage improvements have been separated out as shown in Table 3. TABLE 3 EAST ELK RIVER URBAN SERVICE AREA PHASE I IMPROVEMENTS DEVELOPER ASSESSMENTS EARL HOHLEN PROPERTY Tnmk Sanitary Sewer and Water Assessment $434,160.00 Lateral Sanitary Sewer and Water Assessment $207,500.00 Street Assessment $753,104.00 Storm Drainage Assessment $192.550.00 $213,232.00 Main Street Improvements and Signal System Total Assessment WADDE SCHULZE PROPERTY Trunk Sanitary Sewer and Water Assessment $1,205,460.00 Lateral Sanitary Server and Water Assessment $722,610.00 Street Assessment $783,843.00 Storm Drainage Assessment $204,103.00 Total Assessment $2,916,016.00 $1,608,087.00 Ko XI. PROJECT SCHEDULE The schedule for the East Elk River Phase I Improvements will be based on guidelines established in Minnesota State Statues, Chapter 429, Local Improvements, Special Assessments. ~he project schedule will be dependent on the advancement of projects by the Developers of the Earl Hohlen and Wadde Schulze properties. As these projects progress, a project schedule for the proposed improvements will be established. The project schedule will provide for the commencement of Phase I improvements in the summer of 1998. CONCLUSION The total estimated project cost for each project area is $6,647,074.00, $8,070,374.00, and $12,210,558.00 for Project Areas A, B, and C respectively. As previously stated, the cost will be financed through trunk and lateral sanitar?' sewer and water assessments, street and storm drainage assessments, ttzrough the use of MSA funds, ISTEA finds. Country funds, and MnDOT funds. Based on the .nformation gathered and the analysis presented, the ~'ropossd improvements discussed in this study are feasible from an engineering standpoint. Fcas-800.110 3 0 800-1 ! 0-J