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Councilmember LeTourneau introduced the following resolution and moved for its adoption: RESOLUTION #18-012 RESOLUTION ACCEPTING FEASIBILITY REPORT AND ODERING PLANS AND SPECIFICATIONS FOR IMPROVEMENT PROJECT #18-03, 2018 STREET OVERLAY IMPROVEMENTS WHEREAS, the City of Ramsey proposes to overlay numerous street segments in 2018 for the purpose of maintaining these streets as cost-effectively as possible; and WHEREAS, pursuant to a resolution of the City Council adopted October 24, 2017, a Feasibility Report has been prepared by the City Engineer with reference to proposed pavement overlay improvements to approximately 63,449 square yards of bituminous pavement on numerous street segments throughout the City, and other appurtenant work; and WHEREAS, benefiting properties are proposed to be assessed for all or a portion of the cost of the improvements, pursuant to Minnesota Statutes, Chapter 429, the City Charter, and the City’s adopted Special Assessments Policy; and WHEREAS, the City Council received and preliminarily accepted the Feasibility Report on December 12, 2017, and formally accepted the Feasibility Report on January 9, 2018; and WHEREAS, the Feasibility Report provides information regarding whether the proposed project is necessary, cost-effective and feasible; whether the improvements should be made as proposed or in conjunction with some other improvement; the estimated cost of the improvements as recommended; and a description of the methodology used to calculate individual assessments for benefitted properties; and WHEREAS, the City of Ramsey proposes to assess benefiting properties up to 25- percent of the cost of the improvements, pursuant to Chapter 8 of the City Charter, the City’s adopted Special Assessments Policy, and Minnesota Statutes Chapter 429; and WHEREAS, the City Clerk gave mailed and published notice of such hearing and improvements as required by law; and WHEREAS, the City Council conducted a Public Hearing for the proposed improvements on January 9, 2018. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: 1) Such improvement is necessary, cost-effective and feasible as detailed in the Feasibility Report preliminarily accepted by Council on December 12, 2017, and in the Feasibility Report formally accepted on January 9, 2018.