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<br />ESTIMATE OF BENEFITS <br />SEWER, WATER AND MUNICIPAL <br />STATE AID STREET CONSTRUCTION <br />HAMILTON AND HOLASEK PROPERTY <br /> <br />Item <br /> <br />1. Waive assessment MSA street and street <br />lighting. All excess material from <br />street construction to be left on site. <br />city shall allow access to Front street <br />to accommodate 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. Install sewer and water services <br />(three commercial, three residential <br />1 street.sewer and 2 street <br />watermains) . <br /> <br />4. Construct street entrance to property <br />south of MSAstreet. <br /> <br />Total of Estimated Benefits: <br /> <br />*Does not include cos~ of right-of-way. <br /> <br />Attaclmlent I <br />City Council <br />12-22-87 <br />Case #1 <br /> <br />Benefit <br /> <br />$17,900* <br /> <br />$19,800 <br /> <br />$12,910 <br /> <br />$ 1,950 <br /> <br />$52,560 <br /> <br />The above benefits are proposed in lie.u of a cash payment for all the <br />right-of-way and easements :::-equired to install sewer, water, streets <br />and storm sew€.:::- on the Hamilton and Holasek property located south of <br />Highway No. 10 in the City of Ramsey. <br /> <br />city Appraiser's total appraised value <br />of acquisition: <br /> <br />$56,430** <br /> <br />**Adjusted for adjacent property to the east subject to Holasek/ <br />Hamilton ac~~iring marketable title to adjacent pro?erty from Hanson/ <br />Swagger which property is presently the subject of a pending <br />lawsuit between these parties. <br />