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INFORMATION #2 08-01-1994 r I ~'\( ( )/ tfl}{ River MEMORANDUM TO: MAYOR & CITY COUNCIL FROM: PHIL HALS, STREET/PARK SUPT. DATE: JULY 28,1994 SUBJECT: CITIZEN REQUEST TO RESURFACE EDISON STREET Edison Street is an old Township Road that has been discussed at the Capital Improvement sessions for the past four years or more. Below I have laid out the estimated costs to apply a 2" bituminous overlay. and 2' wide Class 5 shoulders. Edison Street 153rd Avenue 154th Avenue Service Road TOTAL $17,625.00 $ 2,830.50 $10,265.00 $ 8.679.60 $39,400.00 $ 7 RRO 00 $47,280.00 . Overhead 20% Not a great deal of research was done to pinpoint the number of assessable properties, but on my map it appears that there may be 16 or 17 properties and as nearly as I can tell, the signed letter represents 14 owners. The cost estimates that I used to calculate the overlay and shouldering were averages of recently bid projects of similar size. The City Council discussed an assessment of $1,500 per lot in the Greenhead II and Peterson Addition plats earlier this year. If that type of assessment were applied here, the remaining monies could come from street reserves. The General fund contains $25,000 per year for bituminous overlays throughout the entire City. . P.O. Box 490 · 13065 Orono Parkway · Elk River, MN 55330 . (612) 441-7420 . Fax: (612) 441-7425