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RECOMMENDATION <br />The construction of this project is feasible, necessary, cost effective, and recommended by staff. <br />It is cost - effective and to the City's benefit to construct this project at this time. Future oil prices <br />will certain continue to increase over the coming years, and will play a big part in overall rising <br />project costs. <br />The action required by the City Council at the March 11, 2014 Council meeting is adoption of <br />the following resolution which can be found on Page 14 of this report. <br />RESOLUTION ACCEPTING THE FEASIBILITY STUDY FOR PROJECT 14 -1, 2014 <br />STREET REHABILITATION, AND SETTING THE PUBLIC IMPROVEMENT <br />HEARING DATE. <br />Adopting this resolution will accept this Feasibility Study and set the Public Improvement <br />Hearing for April 8, 2014. <br />The Council action required at the April 8, 2014 Public Improvement Hearing is to hold the <br />public hearing and take action on the project. Staff recommends that the City Council approves <br />Project 14 -1, 2014 Street Reconstruction, and adopts the following resolution which can be <br />found on Page 15 of this report. <br />RESOLUTION ORDERING PROJECT AND AUTHORIZING PREPARATION OF PLANS AND <br />SPECIFICATIONS FOR PROJECT 14 -1, 2014 STREET REHABILITATION. <br />N. <br />