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RES 2025-56 Ordering Preparation of Feasibility Report on Improvement I-94 West Industrial ParkCITY OF OTSEGO COUNTY OF WRIGHT STATE OF MINNESOTA RESOLUTION NO: 2025-56 ORDERING PREPARATION OF FEASIBILITY REPORT ON IMPROVEMENT WHEREAS, it is proposed to improve 715Y Street within the 1-94 West Industrial Park by reconstruction and reclamation of street and utility infrastructure and to assess the benefitted properties for all or a portion of the cost of the improvement, pursuant to Minnesota Statutes, Chapter 429. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OTSEGO, MINNESOTA: 1. That the proposed improvement, called Improvement No. 2026-01 be referred to as the 2026 Street Renewal Project for study and that that person is instructed to report to the City Council with all convenient speed advising the City Council in a preliminary way as to 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. ADOPTED by the Otsego City Council this 27th day of October, 2025. MOTION BY: Dunlap SECONDED BY: Lund IN FAVOR: Stockamp, Dunlap, Goede, Lund, and Tanner OPPOSED: none CITY OF OTSEGO Jessica L. Stockamp, Mayor ATTEST: Audra EtzeT; City Clerk \,,1111�111/1j� ®2 ®+0 s® 1 I 1 i w