A reasonable estimate of the impact of the assessment will be available at the hearing.
The project will consist of storm sewer improvements and street reconstruction of 4th Street NE starting at 5th Avenue NE over to the American Crystal Sugar property line.
Total estimated cost of the Storm Water improvements is: $99,891.20
Total estimated cost of the Street Reconstruction is: $792,612.12
Total estimated amount that will be assessed is: $792,612.12
Estimated assessment rates for the improvements would be: $466.66 Front Foot Benefit
$155.55 End Benefit
The areas proposed to be assessed for the said improvements are listed as follows:
- MGI Grain Resubdivision
- Block 1 Lot 1
- Replat of Block 2 & Block 3 Burlington Northern Industrial Park I
- Block 2 Lots 1, 2, 3, & 4
- Burlington Northern Industrial Park I First Resubdivision
- Block 3 Lots 1, 2, & 3
- Unplatted Properties
- Section 1, T151 N, R50 W, City of East Grand Forks