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Howard R. Green Compan; Feasibility Study <br /> Project No. 812420J City of Elk River <br /> 6. NEED AND COST-EFFECTIVENESS <br /> The sidewalk in the downtown area is showing signs of deterioration and is in need of <br /> replacement. The Elk River Municipal Utilities has plans to place its electric facilities <br /> underground in the downtown area in 2001, which will require replacement of <br /> approximately half of the sidewalk. The project is necessary to provide a quality means <br /> for pedestrian movement throughout the downtown business district. This project <br /> consists of approximately 30,000 square feet of sidewalk to be replaced. The size of the <br /> project will insure competitive bidding and from this standpoint, is cost-effective. <br /> 7. CONCLUSION <br /> Based on the information contained within this report, the Downtown Sidewalk <br /> Replacement Project is necessary, cost-effective, and feasible from an engineering <br /> standpoint. As previously stated, the cost will be financed through a combination of <br /> assessments to benefiting properties, HRA funds, and Elk River Municipal Utilities funds. <br /> The project will enhance the downtown area by eliminating above ground utilities and <br /> replacing deteriorating sidewalk and curb. <br /> • <br /> • <br /> 812420J FEASIBILITY <br />