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7. CONCLUSIONS AND RECOMMENDATIONS <br />City of Ramsey Improvement Project 16-88 proposes to construct a storm sewer outlet for a low- <br />lying, land -locked area along Gibbon Street, north of 173rd Avenue, for the purpose of helping to <br />minimize groundwater table elevations in the area to address concerns raised by several property <br />owners regarding damage caused by groundwater seeping into their basements in wet weather <br />years. <br />The engineer's opinion of probable costs for the proposed improvement project is $325,000. <br />Project costs could be financed using a combination of Stormwater Management and Utility <br />Funds, special assessments to benefiting properties, and/or external funding sources, when <br />available. <br />City staff concludes that City Project No. 16-88 is feasible and can be constructed in 2017. But <br />given the significant estimated cost and the relatively small number of benefiting properties, the <br />proposed improvements are not cost-effective. Staff therefore recommends constructing the <br />improvements only if benefiting properties are specially assessed for all or a significant portion <br />of the improvements, and/or if external funding is available to fund all or a significant portion of <br />the improvements. <br />Feasibility Report <br />Gibbon Street and 173rd Avenue Drainage Improvements <br />City of Ramsey Project No. 16-88 <br />Page 11 <br />