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Estim�,, _d Cost incl. <br />Estimated <br />Estimated Cost Incl. Hennepin County <br />Construction <br />Hennepin County Engineering & Add'1 <br />Cost <br />County Engineering City Expenses <br />1. <br />Right -of -Way $ 40,000.00 <br />$ 40,000.00 $ 40,000.00 <br />2. <br />Concrete Curb & Gutter 40,687.50 <br />47,604.38 51,412.73 <br />3. <br />Concrete Driveway Aprons 15,000.00 <br />17,550.00 18,954.00 <br />4. <br />Concrete Sidewalk 50,062.50 <br />58,573.13 63,258.98 <br />5. <br />Storm Sewer 1039355.00 <br />120,925.35 130,599.37 <br />6. <br />Timber Retaining Walls 21,600.00 <br />25,272.00 27 293.76 <br />$309, 924 .. 86 -r 1O%�—�-` %, $$3 84 <br />* Please note that there is an error <br />in the preliminary cost estimate <br />furnished by Hennepin County, as the <br />first item for concrete curb and <br />gutter was not -included in the total. <br />We have included this amount plus <br />engineering and corrected Mound's <br />estimated share to read $309,924.86. <br />The additional City expenses include items such as engineering, legal, <br />fiscal and administrative costs. <br />In addition to the above costs, the City will have additional costs Lu <br />replace a portion of the old watermain and the installation of new street <br />lights, if those project are approved. Separate reports will be presented for <br />these two projects. <br />STATE AID FUNDS <br />Each year a portion of the Minnesota gas tax is allotted for street <br />construction and maintenance in cities with a population over 5,000. Each city <br />is required to designate a State Aid street system. Mound's system was set up <br />in 1962 and revised from time to time since then. Some of the State Aid <br />streets in Mound are Tuxedo Boulevard, Three Points Boulevard, Wilshire <br />Boulevard, Maywood Road, Cypress Lane, and Bartlett Boulevard. Each year a <br />construction and maintenance allotment from State Aid funds is placed in a <br />trust fund for each community. The amount of the allotment is based upon <br />population, miles of streets in the city, and the estimated cost of upgrading <br />103 <br />