Estimated total project cost for street improvements (Ebony & Garnet Street NW and/or Roger's Lake Area).

Assessment Hearing date proposed - Thursday, May 13th at 7:00 pm. Discussion continued regarding the total cost of $880,000 or $863,000 with the 2 amounts being shown, which one is correct, and does one include the upgrade to 185th.

F7_ROGERS_LAKE_PROJECT_ESTIMATE

Total estimated project cost used when notices were sent for the Rogers Lake area road project. Bucket: Rogers Lake area road project

Estimated total cost for Rogers Lake Area 2021 Road Improvement project.

Actual contractor bids have been submitted and were opened on May 11, 2021. Total estimated cost of the project was $863,763.00. Bids actually came in about $100,000 less than that.

Total estimated project cost for the 2021 Street Improvement (Rogers Lake Area) Project.

TOTAL ESTIMATED PROJECT COST $ 863,763.00

Estimated total project cost for Rogers Lake Area street improvement project.

The estimated construction cost for the project as designed is $703,563, which includes a $20,000 construction contingency. The estimated total project cost is $863,763.

Estimated total project cost for Rogers Lake Area road improvements.

Actual contractor bids have been submitted and were opened on May 11, 2021. Total estimated cost of the project was $863,763.00. Bids actually came in about $100,000 less than that.

Projected total cost for a public works project (likely Ebony & Garnet Street NW or Roger's Lake Area).

· Resolution 2021-15 Declaring Costs to be Assessed and Ordering Preparation of Proposed Assessment and Notice of Assessment Hearing. Assessment Hearing date proposed - Thursday, May 13th at 7:00 pm. Discussion continued regarding the total cost of $880,000 or $863,000 with the 2 amounts being shown, which one is correct, and does one include the upgrade to 185th.

Estimated total project cost for street improvements (Ebony & Garnet Street NW and/or Roger's Lake Area), possibly including 185th.

Assessment Hearing date proposed - Thursday, May 13th at 7:00 pm. Discussion continued regarding the total cost of $880,000 or $863,000 with the 2 amounts being shown, which one is correct, and does one include the upgrade to 185th.

2022 budgeted General Fund expenditure for General Government.

General Government 862,711 853,746 (8,965) Public Safety 762,685 694,019 (68,666)

Potential increased bond amount for equipment purchases.

Instead of $600,000 it could be increased to $800,000 or $850,000. The total bond would be $2,850,000 to cover 2020 and 2021 Road Improvements and Equipment purchases.

F4

Total estimated cost for the Rogers Lake Area road improvement project. Bucket: Rogers Lake Area total estimated project cost

Projected total cost for Rogers Lake Area road improvement project.

Total Estimated Project Cost is $848,150. The proposal is that City pay drainage and subgrade improvement costs. It will cost $32,000 to upgrade 185th Lane to pavement. The Assessment Method is proposed to be per unit, Pavement Replacement/Construction costs paid by the City of Nowthen paying 50% and property owners paying 50%.

Total estimated project cost including construction, financing, and administrative costs for Old Viking Boulevard full depth reclaim project.

BID SCHEDULE "A" - OLD VIKING BOULEVARD FULL DEPTH RECLAIM $ 774,974.25 FINANCING COSTS $ 9,500.00 ENGINEERING, LEGAL, ADMINISTRATIVE $ 58,123.07 TOTAL ESTIMATED PROJECT COST $ 842,597.32

Total estimated project cost for Old Viking Boulevard Full Depth Reclaim.

TOTAL ESTIMATED PROJECT COST $ 842,597.32

F5

Agenda preliminary estimate for the proposed 2019 road improvement to Old Viking Blvd NW. Bucket: Old Viking Blvd NW

Total estimated project cost for Old Viking Boulevard 2019 road improvement project.

The 2019 construction cost have been estimated using costs from similar projects and adjusted for inflation. Estimated costs are estimates only and do not represent guaranteed prices. Final contract prices will be awarded on a unit basis and the contractor will only be paid for completed work. The total estimated cost for this project is $840,480. It is proposed that the City will assess fifty percent of the total project costs to the benefitting properties.

Total estimated project cost for Old Viking Boulevard 2019 road improvement project.

ESTIMATED CONSTRUCTION COST $ 755,680.00 ENGINEERING, LEGAL, AND ADMINISTRATIVE $ 62,000.00 FINANCING COSTS $ 22,800.00 TOTAL ESTIMATED PROJECT COST $ 840,480.00

Preliminary estimate for 2019 road improvement project on Old Viking Boulevard NW.

6:00 PM - PUBLIC HEARING FOR PROPOSED 2019 ROAD IMPROVEMENT TO HELAS ST NW - Preliminary Estimate $136,000 7:00 PM - PUBLIC HEARING FOR PROPOSED 2019 ROAD IMPROVEMENT TO OLD VIKING BLVD NW - Preliminary Estimate $840,480

Preliminary cost estimate for 2019 road improvement to Old Viking Blvd NW

4). 7:30 PM - PUBLIC ASSESSMENT HEARING FOR PROPOSED 2019 ROAD IMPROVEMENT TO HALAS ST NW - Preliminary Estimate $136,000 5). 8:00 PM - PUBLIC ASSESSMENT HEARING FOR PROPOSED 2019 ROAD IMPROVEMENT TO OLD VIKING BLVD NW - Preliminary Estimate $840,480 6). RESOLUTION 2019-47 - ACCEPTING BID FOR 2019 ROAD IMPROVEMENT PROJECT AND AWARDING THE CONTRACT

Estimated maximum principal amount of tax-exempt obligations for improvements to Old Viking Boulevard.

The City reasonably expects to reimburse the expenditures made for certain costs of the Project from the proceeds of tax-exempt obligations in an estimated maximum principal amount of $840,480. All reimbursed expenditures will be capital expenditures, costs of issuance of the tax-exempt obligations, or other expenditures eligible for reimbursement under Section 1.150-2(d)(3) of the Reimbursement Regulations.

F-3

Preliminary estimate for the proposed 2019 Old Viking Blvd. NW road improvement. Bucket: Old Viking Blvd. NW road improvement

Total project costs (actual and forecast) for Old Viking Boulevard project.

Old Viking Boulevard Estimated Construction Cost (Bid) $739,230.33 Estimated Engineering, Legal and Administrative Costs $62,000.00 Estimated Financing Costs $22,800.00 Contingency $15,000.00 Rounding $1,449.67 Total Project Costs (Actual & Forecast) $840,480.00

Preliminary estimated cost for 2019 road improvement project on Old Viking Blvd NW.

7:05 PM - OPENED PUBLIC HEARING FOR PROPOSED 2019 ROAD IMPROVEMENT TO OLD VIKING BLVD NW - Preliminary Estimate $840,480 (20 residents present) Mayor Pilon explained that this project was proposed for 2018, but the explosion of the bituminous plant in Superior, WI made costs too high. Road has deteriorated another year, and has become more expensive.

Total project cost estimate for Old Viking Boulevard (Resolution 2019-36).

WHEREAS, costs have been determined for the improvements for Old Viking Boulevard all said improvements located within the City of Nowthen. The properties abutting or having access to said road are proposed to be assessed by the City. The City Engineer estimates the total project cost to be $840.480 including estimated bonding, engineering and legal costs.

Preliminary estimated cost for 2019 road improvement to Old Viking Blvd NW.

7:00 PM - PUBLIC HEARING FOR PROPOSED 2019 ROAD IMPROVEMENT TO OLD VIKING BLVD NW - Preliminary Estimate $840,480

Preliminary estimate for 2019 road improvement to Old Viking Blvd NW.

7:00 PM - PUBLIC HEARING FOR PROPOSED 2019 ROAD IMPROVEMENT TO OLD VIKING BLVD NW - Preliminary Estimate $840,480

Total project costs for Old Viking Boulevard project.

Total Project Costs (Actual & Forecast) $840,480.00

Original estimated project cost for Old Viking Boulevard project.

Original Estimated Project Cost $840,480.00

F9

Preliminary estimate for the Old Viking Boulevard NW public hearing item and feasibility report total estimated project cost. Bucket: Old Viking Boulevard total preliminary estimate

Preliminary estimated cost for 2019 road improvement to Old Viking Blvd NW.

8:00 PM - PUBLIC ASSESSMENT HEARING FOR PROPOSED 2019 ROAD IMPROVEMENT TO OLD VIKING BLVD NW - Preliminary Estimate $840,480

Total forecasted cost for Rogers Lake Road project.

Therefore, the total forecasted project cost is $835,326.

2030 Road Improvement Project engineer estimate

Engineer preliminary estimate for 2030 Autumn Acres Phase 1 work. Bucket: Road Improvement Fund

General Fund YTD receipts

June 2022 financial report General Fund year-to-date receipts. Bucket: 2022 General Fund receipts YTD

F20

Mayor Pilon contrasted the earlier Old Viking Blvd estimate with the current cost level. Bucket: Old Viking Blvd current road cost discussion

F4

HRA/EDA fund amount described as available to help cover the $200,000 city share. Bucket: HRA EDA fund balance

F2

Estimated cost for Rogers Lake area road improvement project discussed for potential bonding. Bucket: Rogers Lake area repair project

Potential increased bond amount for equipment purchases.

Instead of $600,000 it could be increased to $800,000 or $850,000. The total bond would be $2,850,000 to cover 2020 and 2021 Road Improvements and Equipment purchases.

Current estimate for Old Viking Blvd road project.

Old Viking Blvd was, at the time of that study, a $400,000 road. Now it's an $800,000 road.

Current estimate for Old Viking Blvd road project.

Old Viking Blvd was, at the time of that study, a $400,000 road. Now it's an $800,000 road. The material and labor costs only go up which would mean that we would have to at least triple or quadruple our taxes just for the road improvements.

General Fund YTD disbursements

June 2022 financial report General Fund year-to-date disbursements. Bucket: 2022 General Fund disbursements YTD

Total preliminary estimate for all 2022 capital improvement projects and additional maintenance activities.

If the City considers budgeting for the Capital Improvement Projects as discussed herein plus the additional Maintenance Activities as discussed herein the total Preliminary Estimate for Capital Improvement Projects plus Additional Maintenance Activities for 2022 is $780,000.

Old Viking Boulevard bid schedule estimate

Bid Schedule A construction estimate for Old Viking Boulevard full depth reclaim. Bucket: Old Viking Boulevard

Estimated total cost for Old Viking Boulevard full depth reclaim project excluding financing and administrative costs.

BID SCHEDULE "A" - OLD VIKING BOULEVARD FULL DEPTH RECLAIM $ 774,974.25 FINANCING COSTS $ 9,500.00 ENGINEERING, LEGAL, ADMINISTRATIVE $ 58,123.07 TOTAL ESTIMATED PROJECT COST $ 842,597.32

2022 budgeted General Fund expenditure for Public Safety.

General Government 862,711 853,746 (8,965) Public Safety 762,685 694,019 (68,666)

Estimated construction cost for Old Viking Boulevard project.

ESTIMATED CONSTRUCTION COST $ 755,680.00 ENGINEERING, LEGAL, AND ADMINISTRATIVE $ 62,000.00 FINANCING COSTS $ 22,800.00 TOTAL ESTIMATED PROJECT COST $ 840,480.00

Rogers Lake road project preliminary estimate

Preliminary total estimated project cost before bids. Bucket: Waco Street, Waco Drive, 182nd Lane & Ventre Street project

Estimated cost for Nowthen's portion of joint project with Ramsey, including engineering and construction.

The bid opening is for the entire project, the estimated amount for the city of Nowthen is $752,000 to included engineering and construction. This will affect 18 properties in Nowthen. The soil boring was completed, and sand was found, this is good. The engineer hopes for a lower cost because the boring showed sand. There is a $30,000 contingency for unanticipated soil issues.

Original engineer's estimate for Nowthen's portion of the Rogers Lake Road Project.

The new project estimate based on bids received for the Nowthen portion of the project is $570,000 which includes a $30,000 contingency. The original estimate the engineers prepared was $752,000.

Preliminary total estimated cost for Waco Street, Waco Drive, 182nd Lane & Ventre Street project.

The preliminary total estimated project cost was $752,000 and the original proposed assessment amount was $8,700.

Original engineer's estimate for Nowthen's portion of the Rogers Lake Road Project.

The new project estimate based on bids received for the Nowthen portion of the project is $570,000 which includes a $30,000 contingency. The original estimate the engineers prepared was $752,000.