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<br />MEMORANDUM <br /> <br />e <br /> <br />TO: MAYOR & CITY COUNCIL <br /> <br />FROM: PHIL HALS, STREET/PARK SUPT. <br /> <br />DATE: FEBRUARY 18, 1994 <br /> <br />SUBJECT: CIP OVERLAY PROJECT PETERSON ADDN. <br /> <br />The streets in this development were paved in 1978 or 1979 and are in poor <br />condition. I would recommend a two inch thick bituminous overlay that <br />would add to the structural strength of the existing pavement. <br /> <br />I believe that there would be 29 benefited properties. <br /> <br />The estimated cost for the overlay is $40,500, with City overhead of 10% or <br />$4,050 for a total of $44,550; this total divided by 29 properties would come to <br />a total of $1,536 per lot. <br /> <br />e <br /> <br />e <br />