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~/ <br />Elk REQUEST FOR ACTION <br />...~ <br />River <br />To Item Number <br />Ma or and Ci Council 5.6. <br />Agenda Section Meeting Date Prepared by <br />Administration une 7, 2010 Lori ohnson, Ci Administrator <br />Item Description Reviewed by <br />2010 Street Overlay Improvement Project <br />A. Resolution Receiving Feasibility Report and Reviewed by <br />Ordering a Public Hearing <br />B. Resolution Authorizing Preparation of Plans and <br />S ecifications <br />Action Requested <br />Consider the following two resolutions: <br />A. Receiving the Feasibility Report and ordering a public hearing on the improvement in the matter of <br />the 2010 Street Overlay Improvement Project; and <br />B. Authorizing the preparation of plans and specifications in the matter of the 2010 Street Overlay <br />Improvement Project. <br />Background/Discussion <br />Representatives of Bolton and Menk will be at the meeting to present the findings of the Feasibility <br />Report for the proposed 2010 overlay improvements. There axe four areas that are proposed to receive <br />an overlay to extend the life of the streets. Three of the areas are large lot residential areas and the fourth <br />is an industrial park. <br />An informational meeting is scheduled for June 22 to provide affected property owners with an overview <br />of the project, the timeline, and estimated assessment amount. Council action to consider ordering the <br />improvement will occur after the informational meeting. The complete schedule is included in the <br />Report. <br />Financial Impact <br />Consistent with past practice, the 2010 Overlay Improvement Project is planned to be assessed entirely to <br />the benefitting properties. The estimated cost is included in the attached Feasibility Report. <br />Attachments <br />^ Feasibility Study for 2010 Street Overlay Improvements <br />^ Resolution receiving the Feasibility Report and ordering a public hearing <br />^ Resolution authorizing preparation of plans and specifications <br />Action Motion by Second by Vote <br />S:\Public Bodies\Council\Lori\2010\2010 Overlay Feas. memo.doc <br />