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City of 410 <br /> Pe not AGENDA ITEM #4 <br /> Lakes <br /> REPORT TO <br /> CITY COUNCIL <br /> Report Prepared by: Sandy Peine, City Clerk <br /> Date: April 21, 2015 <br /> Subject: Highway 371 Road Turnbacks <br /> Report: On March 24th the City Council made some <br /> decisions on the road turnbacks relating to the Highway <br /> 371 Project. In essence the Council determined the <br /> following: <br /> 1. The City would accept the County's offer of$793,000 <br /> along with the turnback of CR 112. <br /> 2. The City would accept the turnback of CSAH 11 from <br /> the County if the City is not required to pay the cost <br /> share for the interchange of$558,000. <br /> 3. The City cannot afford to accept TH 371. <br /> Attached is the following information: <br />