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Howard R. Green Company <br />May 7, 2003 <br />File: 818860J-0564 <br /> <br />Item ~ 6.3. <br /> <br />The Honorable Mayor and City Council <br />City of Elk River <br />13065 Orono Parkway <br />Elk River, MN 55330 <br /> <br />RE: <br /> <br />BOSTON STREET/CONCORD STREET IMPROVEMENTS <br />ASSESSMENT HEARING <br /> <br />Dear Council Members: <br /> <br />On Wednesday, May 7, 2003, we opened bids for the Boston Street/Concord Street area <br />improvements. There were a total of eight bids submitted. They ranged from a Iow of $353,613.90 to <br />a high of $469,834.54. The Iow bid was submitted by W.B. Miller Inc. and is in line with the feasibility <br />construction cost estimate of $345,000. <br /> <br />The feasibility study proposed that the City would fund the portion of the street restoration necessary <br />to reconstruct the existing streets in an urban fashion with concrete curb and gutter. The major <br />components of the City's cost would be the concrete curb and gutter, storm sewer, and a small portion <br />of the bituminous surfacing and aggregate base necessary for a slightly wider road. A further analysis <br />of the Iow bid indicates that the City's portion of the project is approximately $99,500. The feasibility <br />study estimated this amount to be $92,000. The slight increase is due to a higher bid for the storm <br />sewer portion of the project. Subtracting the City's portion of the project from the total project cost <br />leaves an amount remaining to be assessed of $362,111.67. This amount results in assessment <br />rates to 21 property owners of approximately $17,250 versus the feasibility estimate of $17,500. <br /> <br />The next step to move this project forward would be to determine the amount to be assessed and <br />order of the preparation of the assessment roll, together with calling for an assessment hearing to be <br />held on June 9, 2003. Attached are two resolutions for the City Council's consideration, which would <br />authorize these two steps.. <br /> <br />If you have any questions regarding this issue or this project in general, I will be in attendance at your <br />May 12, 2003 City Council meeting. <br /> <br />Sincerely, <br /> <br />Howard R. Green Company <br />-i-e~rer,~p. E.~~ <br /> <br />TJM:sw <br /> <br />Enclosures <br /> <br />Ltr-050703-Council <br /> 1326 Energy Park Drive · St. Paul, MN 55108 · 651/644-4389 fax 651/644-9446 toll free 888/368-4389 <br /> <br /> <br />