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5.2.2 City Contribution <br />The City contribution to the project would include all funding in excess of the amount <br />collected through special assessments to benefiting properties. No funds have been <br />budgeted for this project. The City's share of eligible project costs related to surface <br />(street) improvements is proposed to come from the previously encumbered 5-year Street <br />Reconstruction and Overlay Program bonds. Water and Stormwater Utility Funds are <br />proposed to pay for all utility improvements. <br />6. PROJECT SCHEDULE <br />The proposed project schedule is as follows: <br />Council Orders Feasibility Report Update ................................................... December 14, 2021 <br />Council Reviews Feasibility Report/Orders Public Informational Meeting.. February 28, 2023 <br />Staff Conducts Public Information Meeting .................................................... January 26, 2023 <br />Council Accepts Feasibility Report/Orders Public Hearing .............................. March 14, 2023 <br />Council Conducts Public Hearing...................................................................... March 28, 2023 <br />Staff Conducts Private Utility Coordination Meeting ............................................. March 2023 <br />Staff Finalizes Property Acquisition........................................................................ March 2023 <br />Council Approves Plans and Specifications / Authorizes Ad for Bids ................ April 25, 2023 <br />Final Plat approved.................................................................................................... April 2023 <br />Staff Receives Bids................................................................................................. June 1, 2023 <br />Council Awards Contract...................................................................................... June 13, 2023 <br />Contractor Begins Construction................................................................................... July 2023 <br />Contractor Completes Construction............................................................ September 29, 2023 <br />Council Orders Assessment Hearing (if applicable)........................................October 10, 2023 <br />Council Conducts Assessment Hearing (if applicable) ...............................November 14, 2023 <br />Feasibility Report Update <br />West Armstrong Area Street Reconstruction <br />City of Ramsey Project No. 18-02 <br />Page 10 <br />