Laserfiche WebLink
2. Charge all properties in the city a franchise fee starting July 2012. In consideration of those <br /> property owners who are still paying a street assessment, offer a yearly rebate to refund the <br /> amount paid for the franchise fee by that property for the year. This option would not refund <br /> any assessment but would giNIle consideration to those who have recently been assessed. Because <br /> the franchise fee will be collected by a third-party utility company,it is impossible to administer a <br /> program that would not charge a franchise fee for select properties that are still paying on <br /> assessments. <br /> 3. Notice the community of the change in policy to establish a franchise fee. Downsize the <br /> pavement management program for the next 5 years to only complete overlay and preventative <br /> maintenance projects (no reconstructions). Finance these improvements out of the existing <br /> Street Improvement reserve fund and do not assess the improvements. Begin collecting the <br /> franchise fee from all properties in the city in 2017. All projects moving forward would be <br /> reconstructed without street assessments. <br /> Staff will be prepared to review the above-discussed information at the work session and take direction <br /> on the preferred funding option. <br /> FINANCIAL IMPACT <br /> There is no financial impact associated with the discussion of this item. <br /> ATTACHMENTS <br /> None. <br /> Action Motion by Second by Vote <br /> Follow Up <br /> I <br /> P O N E R E B i Y <br /> NATURE] <br />