6.2. SR 03-06-2006 - Laserfiche WebLink

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I I I I I I I I I I I I I I I I I I I I. INTRODUCTION This feasibility report for street reconstruction and utility improvements on Highland Road was authorized through Council Resolution 05-125 adopted by the Elk River City Council on November 21,2005. The location of the proposed project is presented on Exhibit 1 and as follows: Street Highland Road From Proctor Road To Jackson Street Length 3900 feet II. PROJECT SCOPE The purpose of this study is to analyze the feasibility of street reconstruction improvements on Highland Road. This study will discuss the existing conditions of the streets, public utilities and storm drainage. Also addressed within this report are the proposed improvements, estimated project costs, proposed project funding sources, and an anticipated project schedule. This project will be accomplished under Minnesota Statute 429, and will thus require public hearing and an assessment hearing. Project costs consist of estimated construction costs plus overhead, which includes City administration, engineering, fiscal, and legal expenses. The City's current assessment policy and past practices will be used as a guide to discuss financing methods for this project. III. NECESSITY AND COST-EFFECTIVENESS Highland Road is in poor condition and has no pedestrian facilities. The project is necessary in order to provide the residents of the City with safe and adequate public transportation facilities for both vehicle and pedestrian traffic and a storm drainage system. The project will minimize future maintenance costs and the scope is large enough to keep construction bid prices competitive. From this standpoint the project is cost-effective. 1