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<br />e <br /> <br />MEMORANDUM <br /> <br />TO: <br /> <br />MAYOR & CITY COUNCIL <br /> <br />FROM: <br /> <br />PHIL HALS, STREETIP ARK SUPT. <br /> <br />DATE: <br /> <br />FEBRUARY 18, 1994 <br /> <br />SUBJECT: <br /> <br />CIP OVERLAY PROJECT GREENHEAD <br />ADDITION <br /> <br />The streets in this development are approximately fourteen years old and are <br />in poor condition. I would recommend a two inch thick bituminous overlay <br />that would add a much needed structural strength to the existing pavement. <br /> <br />I believe there are 26 parcels that are assessed in this area. <br /> <br />e <br /> <br />The estimated cost for the overlay is $36,000 with City overhead of 10% or <br />$3,600 for a total of $39,600; this total divided by 26 lots would come to a <br />total of $1,525 per lot. <br /> <br />e <br />