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RES 2023-06 Receiving Feasibility Report and Calling on ImprovementCITY OF OTSEGO COUNTY OF WRIGHT STATE OF MINNESOTA RESOLUTION NO: 2023-06 RECEIVING FEASIBILITY REPORT AND CALLING HEARING ON IMPROVEMENT WHEREAS, pursuant to resolution 2022-85 of the City Council adopted November 14, 2022, a report has been prepared by Hakanson Anderson Associates, Inc. with reference to proposed Improvement No. 23-03, the improvement of streets within Vasseur's Oak Grove Estates 15t and 2d Additions, Otsego Acres 15t and 2"d Additions, Hidden Valley, Deer Field Acres, and Otsego Industrial Park subdivisions, and this report was received by the City Council on January 23, 2023; 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 $1,184,053. 2. A Public Hearing shall be held on such proposed improvements on the 13t" day of February 2023 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 23�d day of January, 2023. MOTION BY: Dahl SECONDED BY: Goede INFAVOR:Stockamp, Dahl, Dunlap, Moores, and Goede OPPOSED: none CITY OF OTSEGO Jessica L. Stockamp, Mayor ATTEST: Audra Etzel; City Clerk