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<br />I <br /> <br />ESTIMATE OF BENEFITS <br />SEWER, WATER AND MUNICIPAL <br />STATE AID STREET CONSTRUCTION <br />ELOFSON PROPERTY <br /> <br />Item <br /> <br />1. Waive assessment MSA street. All excess <br />material from street construction to be <br />left on site. city shall also allow <br />access to both the MSA streets (Front <br />Street and Sunfish Lake Blvd.) to accommo- <br />date development of the property. <br /> <br />2. Provide storm sewer to river from Front <br />street and oversize sewer to accomodate <br />development of property. <br /> <br />3. Construct entrances to property <br />(three commercial, and five residential). <br /> <br />4. Street lighting. <br /> <br />5. Install sewer and water services (two <br />commercial & five residential) <br /> <br />) Total of Estimated Benefits: <br /> <br />*Does not include cost of right-of-way. <br /> <br />Benefit <br /> <br />$22,865* <br /> <br />$ 4,000 <br /> <br />$ 6,540 <br /> <br />$ 8,000 <br />$10,160 <br /> <br />$51,565 <br /> <br />The above benefits are proposed in lieu of a cash payment for all the <br />right-of-way and easements required to install sewer, water, streets <br />and storm sewer on the Elofson property located south of Highway <br />No. 10 in the city of Ramsey. <br /> <br />city Appraiser's total appraised value <br />of acquisition: <br /> <br />"\ <br />I <br />.' <br />_0' <br /> <br />$54,900 <br /> <br />.qtt <br />