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<br />Page 2 <br /> <br />e <br /> <br />City Council Meeting <br />April 4. 1988 <br /> <br />5.2. Central Business District Beautification Improvement Assessment Hearing <br />Public Hearing <br /> <br />Mayor Gunkel eXplained that the project is priced as low as possible and <br />meets the objectives for beautification of the downtown area. She <br />noted that the bids were open for the lighting aspect of the project and <br />that most of the prices in the project were firm. <br /> <br />Greg Korstad. City Attorney. explained the assessment hearing process. <br />He noted that the purpose of the meeting is to receive input from the <br />people proposed to be assessed for the beautification improvement. He <br />noted that the City is proposing to assess the cost of the project on a <br />per unit basis. He noted this is based on the City Council evaluation <br />of the most fair way to proportion all of the costs to the properties <br />benefited. He explained that all property owners should have been <br />notified of the assessment and of the proposed assessment method and <br />that the property owners should make their objections known to the City <br />Council at this time. Mr. Korstad also explained that the lighting <br />contract may not be awarded until the appeal period is expired. which is <br />30 days from the date of the assessment roll being adopted. <br /> <br />e <br /> <br />Terry Maurer. City Engineer. explained that the City has received the <br />street lighting bids and also has received quotes on the other elements <br />of the project. Mr. Maurer reviewed the cost of the project which is as <br />follows: <br /> <br />ITEM ASSESSED OTHER TOTAL COST <br />Street Lighting $65.000 $35.000 $100.000 <br />Trees -0- 18.300 18.300 <br />Tree Grates 29.000 -0- 29.000 <br />Trash Receptacles 11 . 500 -0- 11.500 <br />Textured Sidewalk 11. 800 -0- 11.800 <br /> $117.300 $53.300 $170.600 <br /> <br />Mr. Maurer eXplained that the method of assessment of a per unit basis <br />is based on the input from the mock assessment hearing held January 21. <br />1988. He noted there is a total of 40 assessable units; 37 whole units <br />to be assessed at a rate of $2.950 per parcel. and 6 half units to be <br />assessed at a rate of $1.475 per parcel. Mr. Maurer noted that the <br />interest is calculated at a rate of 10% but may be reduced when the <br />bonds are sold. <br /> <br />e <br /> <br />Mayor Gunkel opened the public hearing at this time. <br /> <br />Mr. Al Nadeau. property owner and business owner. presented a letter <br />including a list of property owners wishing to appeal the assessment. <br />the following names were included in the list: <br />