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RES 11-08RESOLUTION NO. 2011-08 A RESOLUTION ACCEPTING THE FEASIBILITY STUDY FOR 70TH STREET NE IMPROVEMENTS, FROM MARLOWE AVENUE TO OAKWOOD AVENUE NE (CSAH 37) WHEREAS, the City Council ordered the preparation of a feasibility study for the improvement on the 13th day of December 2010; and WHEREAS, such feasibility study was prepared by Hakanson Anderson Associates, Inc. and presented to the Council on the 28th day of February 2011 and declares the improvement feasible, for an estimated cost of $2,596,153; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OTSEGO, MINNESOTA: 1. Such improvement is necessary, cost—effective, and feasible as detailed in the feasibility report. Adopted by the council this 28th day of February 2011. Motioned By: CM SCHARBER Seconded By: CM SCHROEDER All in Favor: MAYOR STOCKAMP; COUNCILMEMBERS: SCHARBER, SCHROEDER, HEIDNER AND DARKENWALD Those Opposed: NONE CH xa� �ftp- vflnU2� - 11Xssica Stockamp, Mayor Tami Loff, Clerk Res11-08 AcceptFeasRpi