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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />X. PROJECT SCHEDULE <br /> <br />The following project schedule is proposed for the Highland Road Reconstruction and Utility <br />Improvement project. <br /> <br />City Council Authorizes Feasibility Study <br />City Council Receives Feasibility Study/Orders Public Hearing <br />City Council Holds Public Hearing <br />City Council Orders Project and Preparation of Plans/Specifications <br />City Council Approves Plans and Specifications <br />City Council Authorizes Advertisement for Bids <br />City Council Holds Assessment Hearing <br />City Council Awards Bid <br />Initiate Construction <br />Complete Project <br /> <br />XI. CONCLUSION <br /> <br />November 21,2005 <br />March 6, 2006 <br />April 3, 2006 <br />April 3, 2006 <br />April 17, 2006 <br />April 17, 2006 <br />May 15,2006 <br />May 15 or June 19,2006 <br />June 2006 <br />June 2007 <br /> <br />The total estimated project cost for the HigWand Road ImprovementProject is $1,365,000. As <br />stated earlier the project is proposed to be financed through a combination of assessments to <br />abutting properties, Elk River Municipal Utilities funds, Municipal State Aid funds, and City. Sewer <br />funds. <br /> <br />The proposed improvements outlined in this report are technically feasible from an engineering <br />standpoint. Financial feasibility of this project must be determined by the Elk River City Council, <br />following the public hearing process. <br /> <br />8 <br />