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8.0 <br /> <br />Summary of-Storm Drainage, Water and Sanitary Sewer <br /> <br /> · Storm Drainage Construction Cost <br /> · Water Construction Cost <br /> · Sanitary Sewer ConStruction Cost <br /> · Total Estimated Construction COst <br /> <br /> · Construction Overhead C°st(20%) <br /> · TOtal Utility Cost <br /> · MSA Funding Storm Drair~age <br /> · Balance to be Funded byOtherlSources <br /> <br />PROJECTED PROJECT SCHEDULE <br /> <br />$ 829,264 <br />$ 643,010 <br />$1,049,836 <br /> <br />$2,522,110 <br /> <br />$ 5O4,422 <br />$3,026,532 <br />$ 580,596 <br />$2,445,936 <br /> <br />The following schedule can be!anticipated in proceeding with the Project: <br /> <br />1) Present feasibility study and set date of public April 27, 2004 <br /> hearing <br /> <br />2) Waive Public Hearing .. April 27, 2004 <br />3) Order plans and specifications April 27, 2004 <br /> <br />4) Approve plans and speCifications and. authorize April 27, 2004 <br /> bids <br /> <br /> Receive bids and award project <br /> <br /> Initiate construCtion <br /> Complete construction <br /> Hold Assessment Hearing <br /> <br />5) <br /> <br />6) <br /> <br />7) <br /> <br />8) <br /> <br />April27,2004' <br /> <br />May 7,2004 <br /> <br />June 30,2005 <br /> <br />August9,2005 <br /> <br />The above schedule is base~t on utilizing the Assessment For Improvement <br />Procedures per Minnesota StatUte 429. The City may decide to fund the project <br />using alternate methods of financing. <br /> <br />SUMMARY AND RECOMMENDATIONS <br /> <br />The proposed improvements are technically feasible and will benefit the area <br />served. It is recommended that the City take the steps discussed in' Section 8.0 <br />of this report and proceed with the improvements. <br /> <br />Page 7 <br />G:\Munic~paltAramsey\3171\RA3171 FSR.doc <br /> <br /> <br />