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HomeMy WebLinkAboutResolution No. 020-24 - Resolution - Feasibility Report & Set Public Hearing for Assessments rel to Reconstruction of Sections of 4th Ave SW & 14th St SW J7845 RESOLUTION Adopting the Feasibility Report and Setting a Public Hearing Regarding Assessments related to Reconstruction of Sections of 4th Ave SW and 14th St SW - Project No. J7845. WHEREAS, pursuant to adoption of this Resolution by the Common Council at the meeting of January 22, 2024, a report has been prepared with reference to proposed Improvement No. J7845, Reconstruction of 4th Ave SW from 14th St SW to 16th St SW and 14th St SW from 4th Ave SW to the STEM property (RPU Project Number IO#7013343) and this report was received by the Council on January 22, 2024, and WHEREAS, the report provides information regarding whether the proposed improvement is necessary, cost-effective, and feasible; whether it should best be made as proposed or in connection with some other improvement; the estimated cost of the improvement as recommended; and a description of the methodology used to calculate individual assessments for affected parcels. NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Rochester, Minnesota, that the Council accepts the report and will consider the improvement of such street in accordance with the report, as well as the assessment of abutting property for all or a portion of the cost of the improvement pursuant to Minnesota Statutes, Chapter 429 at an estimated total cost of the improvement of $1,635,028. BE IT FURTHER RESOLVED that the Council hereby calls for a public hearing to be held on such proposed improvement on February 21, 2024, in the Council Chambers at the Government Center/City Hall at 6:00 p.m., with the clerk executing mailed and published notice of such hearing and improvement as required by law. PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF ROCHESTER, MINNESOTA, THIS __________ DAY OF _______________, 2024. ___________________________________ PRESIDENT OF SAID COMMON COUNCIL ATTEST: __________________________ CITY CLERK APPROVED THIS _____ DAY OF ______________________, 2024. ___________________________________ MAYOR OF SAID CITY (Seal of the City of Rochester, Minnesota)