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C ] *.'.•••••-• Request for Action <br /> River <br /> To Item Number <br /> Economic Development Authority 6.2 <br /> Agenda Section Meeting Date Prepared by <br /> General Business April 21,2014 Jeremy Barnhart,Deputy Director, CODD <br /> Item Description Reviewed by <br /> FAST study implementation <br /> Reviewed by <br /> Action Requested <br /> Receive update <br /> Background/Discussion <br /> At the March meeting, the EDA directed staff to obtain an appraisal of the Yale Court property, as well <br /> as complete a feasibility study for the development of the street connection between Yale Court and <br /> 170th, associated with the implementation of the FAST study. <br /> Since then, the EDA has retained the services of Home Value Appraisals to complete the appraisal; the <br /> report should be completed prior to the May EDA meeting. <br /> Also, the City Engineer will include the necessary engineering work for the street connection in his <br /> request for proposal for engineering services as part of the 2015 street construction project, expected to <br /> be advertised in the next two weeks. <br /> Financial Impact <br /> Appraisal cost was quoted at 3,500. <br /> No estimate for the engineering work has been developed. <br /> Attachments <br /> • N/A <br /> 11 / EREI IT <br /> NATURE <br />