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Page 2 of 3 <br /> <br /> <br />Some important items about this project as it heads to the Public Hearing/Assessment Hearing: <br /> <br />1. Major components of the project are: <br /> a mill and overlay of the street surface (this is a change from the County’s <br />original plan to seal coat the road) <br /> restriping to narrow the center turn lane and expand the shoulder area for <br />bicyclists <br /> new medians with colored concrete <br /> dual left turn lanes from eastbound CR E to northbound Lexington <br /> new signals at Lexington and Connelly and retrofitting of the Pine Tree signal for <br />ADA pedestrian facilities <br /> new Xcel Energy lighting (changed by the Council from 200 foot spacing to 150 <br />foot spacing so there is a light approximately every 75 feet on one side or the <br />other) <br /> boulevard trees (approximately 55 trees of 5 different varieties) <br /> curb, driveways and sidewalk repair and construction of new sidewalk where <br />none exists <br /> new sidewalk down Pine Tree to the Bethel facility <br /> <br />2. The total cost of the project has risen to an estimated $2,067,046 (including overhead) <br />mostly due to the County’s change from seal coat to mill and overlay of the street surface <br />and the increased spacing of the lights. The County’s share of the total project cost is <br />estimated at $1,409,209 (68%). The City’s share is estimated at $657,838 (32%). <br /> <br />3. The proposed assessment amount is $272,139.61 (approximately 41% of the City’s share) <br /> <br />4. Assessment items generally include the following: <br /> No assessment for boulevard trees. <br /> Lighting assessment is 50% of the cost above $86,678.80 which has been <br />determined to be the cost to replace the current lights with a basic Xcel Energy <br />system on a 200 foot spacing. <br /> No assessment for the sidewalk in front of E Street Flats as the developer has <br />escrowed monies for the construction of this sidewalk with the redevelopment of <br />that property. <br /> Connelly Street improvements are still in the project with 50% assessment <br />($21,146.76) to the two Flaherty parking lots and Pot O Gold. Mr. Flaherty has <br />asked previously for this to be removed from the project. In response to Mr. <br />Flaherty’s request, Public Works had the curve striped and a check with Ramsey <br />County Sheriff’s office did not reveal any significant accident history. <br /> The remaining “City Share” of the project is 50% assessed to benefitted <br />properties. <br /> <br />5. The Hunter Park Condominiums located at 4 Pine Tree Drive contain 72 individually <br />owned units. The assessment was calculated based on the area of the property and then