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Howard R, Green Company <br /> <br />Item ~ 5.8. <br /> <br />July 3, 2001 <br />File: 814700J-0030 <br /> <br />The Honorable Mayor and City Council <br />City of Elk River <br />13065 Orono Parkway <br />PC) Box 490 <br />Elk River, Minnesota 55330-0490 <br /> <br />RE: <br /> <br />2001 STREET OVERLAY IMRPOVEMENT <br />CITY OF ELK RIVER, MINNESOTA <br /> <br />Dear Council Members: <br /> <br />Attached is the Feasibility Study authorized by the City Council in Apdl for the proposed <br /> The streets include the <br /> <br />bituminous overlay of various streets throughout the City. <br />following: <br /> <br /> · Streets in Pinewood Addition <br /> <br /> · Streets in Sunset Ridge Addition <br /> <br /> · 197th/198th Avenue between TH 169 and Tyler Street <br /> <br /> · Gates Avenue and Freeport Avenue between Main Street and School Street <br /> <br /> · Victoria Lane (Delayed from 1998 Oveday Improvement) <br /> <br /> · York Street in McChesney Industrial Park <br /> <br /> · Streets between TH10 and Meadowvale Road up to and including York Street <br /> <br />Historically, the City has undertaken a street overlay project every couple of years. The <br />streets for the project are recommended by Phil Hals, Street Superintendent. According <br />to the City's assessment policy and past practices, the actual bituminous oveday is <br />assessed at 100 percent of the project cost. The street department tries to keep the cost <br />somewhat lower by doing all the preparatory work themselves, such as patching, crack <br />sealing, and sweeping of the streets. <br /> <br />This Feasibility Study estimates the total project cost at $386,400 including 15 percent <br />overhead. Each residential property is one unit. Industrial lots in McChesney Industrial <br />Park were given two units. The apartments and commercial properties along Freeport <br />and Gates Avenues were given assessable units based on their size. There are <br />estimated to be a total of 250 assessable units. Based on 100 percent assessment, the <br />estimated assessment rate would be $1,550 per parcel. As a reference point, the 1998 <br />Street Overlay Project was assessed at $1,450.00 per unit. <br /> <br />O:\PROJ~14700j\0030\Ltr-070201-CounciI.Res.doc <br /> 1326 Energy Park Drive · St. Paul, MN 55108 ° 651/644-4389 fax 651/644-9446 toll free 888/368-4389 <br /> <br /> <br />