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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 Page 11 <br />