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1990_0625_packet
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1990_0625_packet
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11/8/2011 11:25:54 AM
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: 4 <br />;�'BQUEBT FOR COUNCIL ACTION DATE 0. 6/ 2 5/ ULI <br />Wepartment Approval,.* Manager Reiviewied: Agenda Section. <br />M. t i Reports and Recommendations <br />Etem, Description: Feasibility report for Lincoln Drive,, Terrace Drieve, <br />and County Road C-2 JLmproveinents,, P-90-16 <br />- <br />Ill <br />Construction of Lincoln Dr ive from Terrace Drive to County Road C-2, <br />Cloiu,n,t,y Road C-2 from Snielling to Lincoln Drive, and Terrace Dri'v&' from <br />in <br />cul-de-sac west to, existing Terrace Drieve, on Edina Realty propertys <br />QM s. - <br />Construction of Terrace Dr live intersection with Snelling to includz <br />right-turn don in/'right-tiurn-out access and necessary ftontage road <br />I � lip <br />:%od it 1 c at i oins, <br />41 9 a <br />Realignment of L incoln Drive west of Edina Realty • building includ ing <br />1i <br />intersection, mod 'if icat ions f or Terrace Dr live and County Road C-2 at <br />Lincoln . <br />0 01 <br />Financing for tihe proposeid improvement will, be done using a combinatio <br />of tax increment financing funds generated by the retail development t <br />I if <br />the soluth, Municipal State Aid roadway funds, and spec i'al assessments <br />0' 0 mi IN <br />against benef iti,ng properties. only those properties deemed to benef i <br />consistent with state statute definition will be assessed for the <br />0 <br />improvement costs. <br />
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