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MAYOR CREPEAU: Thank you. Pfr. Popovich, will you discuss <br />the financial aspects. <br />� <br />LJ <br />MR. POPOVICHe I think the engineer will be discussing the <br />engineering aspects first. <br />PdR. CHRISTUFFERSEN: You will recognize on the map Round <br />Lake, Highway 694 is in this location, Hiqhway 10 here, the <br />north being to the top, Hamline Avenue, Snelling Avenue, and <br />Interstate 35-W. In the previous project discussed by the <br />;2ayor, the line indicated in dark was ordered by the Council <br />earlier this year. Currently there is an existinq watermain <br />on xamline Avenueo This proposed projeot has been divided into <br />four alternatea, beqinning with the base plan. <br />The base plan includes construction of 12 inch waterraain <br />beginning at this point, and connecting on to the new project, <br />extending westerly along the south part o£ Round Lake, along <br />14th Street Northeast, a branch of 8-inch watermain extending <br />southerly and easterly to serve this industrial property. At <br />this point an 8-ineh watermain continuing northerly up the east <br />side of the frontage road to the north side of Highway 96, back <br />then to Highway 10, crossinq 10, back to Snelling Avenue - <br />excuse me, at this point it ehanges to 12-inch watermain, back <br />to Snellinq Avenue, and down south to the connection with the <br />watermain project currently under designe <br />The first alternative to this project would be to con- <br />struct - add this piece of watermain on to the base plan. <br />The second alternative plan is to only order this piece <br />on to the base plan. <br />The third alternative plan is to add the two red portions <br />on �o the baee plan, plus the blue portion. The brown portion <br />would not be added on to the base plan. <br />I think that pretty well describes the project. <br />� <br />MR. POPOVICHa <br />the base plan, tY1e <br />�nts will vary. <br />Dependinq on what alternates you use, and <br />front foot costs and the proposed assess- <br />Under the base plan, while we published the total estimated <br />cost to he $732,000, that's the maximum, usinq the various <br />alternatives. Tha base plan comes to $490,600, and on the <br />base plan arrangement, $16.10 would be assessed for residential <br />front footage; $20.10 for commercial; $420 an acre for acreaqe; <br />and $145 for the services. There would be about 61 servicese <br />That would raise 5422,495, and the balance of $68,105 would be <br />apread by general taxes. for a total vf $490,600. That's the <br />base plan the enqineer has discussed with you. <br />2 <br />