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feasible, necessary, and cost-effective, and whether they should be completed alone or in conjunction with other <br />improvements. Estimated costs will also be explored in greater detail than what was used to estimate costs for the <br />CIP. A more detailed project funding program will also be explored, including a description of the methodology <br />used to calculate individual special assessments for benefiting parcels. A project schedule will also be proposed. <br />While preparing the Feasibility Report, Staff will conduct public information meetings with identified benefiting <br />property owners to explain the need for the proposed improvements, the scope of the improvements, estimated <br />costs, proposed funding program, including the preliminary special assessments, and the proposed project schedule. <br />The Feasibility Report will incorporate data that was gathered using Ground Penetrating Radar and soil borings. <br />Staff anticipates requesting Council acceptance of the Feasibility Report on November 14, 2017, and ordering a <br />Public Hearing for November 24, 2017, in accordance with Minnesota Statute, Chapter 429. This schedule will <br />allow the project to proceed in a timely manner and to receive competitive bids in February of 2018. <br />Alternatives: <br />Alternative #1 — Motion to adopt Resolution #17-10-270 ordering a Feasibility Report for Improvement Project <br /># 18-03, 2018 Overlay Improvements. <br />Alternative #2 — Motion to deny adoption of Resolution #17-10-270 at this time. <br />Funding Source: <br />The Feasibility Report will be completed in-house as part of staff's regular duties. <br />The City of Ramsey's 5-year Street Reconstruction and Overlay Program includes the streets listed above as <br />proposed 2018 overlay improvements, allowing the City to utilize street reconstruction bonds to fund the <br />improvements. The City's 10-year Capital Improvement Plan (CIP) also identifies these streets as proposed 2018 <br />overlay improvements. <br />Recommendation: <br />Staff recommends approval of Alternative #1, which will allow these public street segments to be cost-effectively <br />maintained. <br />Action: <br />Motion to adopt Resolution #17-10-270 ordering a Feasibility Report for Improvement Project #18-03, 2018 <br />Overlay Improvements. <br />Attachments <br />Resolution 1710270 <br />2018 Overlay Improvement Maps <br />Chapter 8 City Charter <br />State Statute Chapter 429 <br />Form Review <br />Inbox Reviewed By Date <br />Kurt Ulrich Kurt Ulrich 10/19/2017 02:42 PM <br />Form Started By: Bruce Westby Started On: 10/17/2017 08:03 AM <br />Final Approval Date: 10/19/2017 <br />