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RES 2022-18 Receiving Feasibility Report and Calling Hearing on ImprovementCITY OF OTSEGO COUNTY OF WRIGHT STATE OF MINNESOTA RESOLUTION NO: 2022-18 RECEIVING FEASIBILITY REPORT AND CALLING HEARING ON IMPROVEMENT WHEREAS, pursuant to Resolution 2022-07 of the City Council adopted January 10, 2022, a report has been prepared by Hakanson Anderson Associates, Inc. with reference to proposed Improvement No. 22-03, the improvement of streets within Walesch Estates and O'Day Acres subdivisions, and this report was received by the City Council on February 14, 2022; 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 CITY COUNCIL OF THE CITY OF OTSEGO, MINNESOTA: 1. The City Council will consider the improvement of such streets in accordance with the report and the assessment of benefiting 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 $991,711. 2. A Public Hearing shall be held on such proposed improvements on the 14th day of March, 2022 in the City Council chambers within the Prairie Center at 7:00 P.M. and the City Clerk shall give mailed and published notice of such hearing and improvement as required by law. ADOPTED by the Otsego City Council this 14th day of February, LULL. MOTION BY: STOCKAMP SECONDED BY: GOEDE INFAVOR: STOCKAMP, DARKENWALD, GOEDE, MOORES, DAHL OPPOSED: NONE CITY OF OTSEGO Jessica L. Stockamp, • ATTEST: AuJ a Etzel, City Clerk �a