The City Council will hold a Public Hearing to consider street and utility improvements to 5th Avenue NE pursuant to Minnesota Statutes 429.011 to 429.111. A reasonable estimate of the impact of the assessment will be available at the hearing.
The project will consist of the replacement of deteriorated and broken concrete panels and sections of concrete curb and gutter which have settled or heaved. Utility improvements will include the replacement of catch basin and manhole castings.
Total estimated cost of the Street and Utility Improvements is: $686,469.63
Total estimated amount to be assessed is: $205,940.89
Estimated assessment rates for the improvements would be: $81.59 Front Foot Benefit
$27.20 End Benefit
The areas proposed to be assessed for the said improvements are listed as follows:
Auditors Plat of Outlots 65 Thru 94
Outlots: 17, 73-76 & 81-85
Replat of Outlots 77, 78, 79, 80 and 94 of Auditors Plat of Outlots 65 Thru 94
Block 1: Lots B,D,E, F & G
Pinestone Addition
Block 1: Lots 01A – 30A