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! <br />I <br />I <br />I <br />I <br />I <br />i <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />COSTS <br /> <br />Estimated costs and estimated quantities are provided below <br />the proposed improvements. <br /> <br />for <br /> <br />TABLE I <br />ESTIMATED COSTS <br /> <br />Item <br /> <br />Excavation, Grading & <br /> <br />Restoration <br />Bituminous Surfacing & <br /> <br /> Repair <br /> <br />Class V Gravel <br />Culvert Construction <br /> <br />Estimated Quantity <br /> <br />1 Lump Sum <br /> <br />215 Tons <br /> <br />140 Tons <br /> <br /> 1 Lump Sum <br /> <br />Estimated Construction Cost - <br /> <br />Contingencies, Engineering, Administration - <br /> <br /> ESTIMATED PROJECT COST - <br /> <br />Estimated Cost <br /> <br />$5,450.00 <br /> <br />7,050.00 <br /> <br /> 840.00 <br />1,740.00 <br /> <br />$15,080.00 <br /> <br /> $4,520.00 <br /> <br />$19,600.00 <br /> <br />The above costs are based on the assumption that right-of-way for <br />the street will be provided by the abutting landowners. <br /> <br />FINANCING & ASSESSMENT <br /> <br />In accordance with the City of Ramsey's current street assessment <br />policy, it is proposed to assess the abutting properties on a unit <br />basis. The benefited area is shown on Exhibit A and consists of <br />five (5) properties. The parcel adjacent to Industry Avenue does <br /> <br /> <br />