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VIII-A-3 MEMO To: Honorable Mayor and City Council From: Tom Montgomery Date: May 3 1,2007 Re: Resolution - Order Feasibility Study - CP Rail Quiet Zone, 2nd and 3rd Streets Council is requested to adopt the enclosed resolution order a feasibility study for constructing a center median on 2nd Street on both sides of the railroad crossing, relocating the west 2nd Street crossing gate west ofthe westerly most set of tracks, and installing gates to close the 3rd Street crossing. These improvements will meet the federal requirements necessary to establish a quiet zone through the 2nd and 3rd Street crossings. The quiet zone improvements are expected to cost approximately$60,000. These costs are proposed to be assessed against Block] as the quiet zone will benefit residential development on the site. Last year, the HRA contributed $440,000 towards the Eddy Street reconstruction as a credit for future infrastructure projects (see attached memo). The quiet zone assessment against Block I would be deducted from this credit. FUTURE ACTIONS The quiet zone feasibility study will be forwarded to the Council at either the June 19 or July 2 Council meeting along with a request to order a public hearing on the project. Prior to the public hearing, a neighborhood meeting will be held on the proposed improvements. Following the public hearing and any changes the Council may wish to make to the project based on comments received, Council will be requested to order the project constructed and authorize advertisement for bids. Construction would be completed this fall. crn' Of HASTINGS