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<br />e <br /> <br />Mr. Pat Klaers <br />February 24, 1994 <br />Page Two <br /> <br />3. Provide information relative to financing of the improvements, given the size of <br />either of the study area. This would include a trunk sanitary sewer and water impact <br />fee on an area basis and potential lateral benefit provided to developing areas. <br /> <br />4. After review by the City Council and discussion with affected property owners, the <br />final report would include a section relative to the first phase of the proposed <br />improvements, detailed costs for the first phase, and funding scenarios. <br /> <br />5. Provide a final report, after City Council review and discussions with affected <br />property owners, that can be utilized as the Feasibility Study for the phase 1 <br />improvements. <br /> <br />As I've indicated in my previous correspondence, I would anticipate it would require 90 to <br />120 days to complete a draft report ready for presentation to the City Council. I would <br />estimate that the cost to get through the draft report and presentation to the City Council <br />would be approximately $15,000 to $20,000. Costs beyond this point would be dependent <br />on the number and types of hearings to be held with the affected property owners. <br /> <br />e <br /> <br />If you have any questions regarding this information, please call. <br /> <br />Sincerely, <br /> <br />MSA, CONSULTING ENGINEERS <br /> <br />~ -: ()#f' <br />/((1/?~~/ICZL~ <br />Terry J.~;urer, P.E. <br /> <br />TJM:tp <br />Attachment <br /> <br />220-2408.feb <br /> <br />e <br />