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E04y1� ,.,�� Request for Action <br /> River <br /> To Item Number <br /> Mayor and City Council 8.2 <br /> Agenda Section Meeting Date Prepared by <br /> General Business September 16, 2019 Brandon Wisner, Stormwater Coordinator <br /> Item Description Reviewed by <br /> Lake Orono Improvement District (OLID) Budget Amanda Bednar,Environmental Coordinator <br /> and Levy Reviewed by <br /> Cal Portner, City Administrator <br /> Action Requested <br /> Review OLID Budget and Levy. <br /> Direct staff to proceed with the LORE project via various funding sources including assessment to <br /> OLID property owners. <br /> Adopt,by motion, the attached resolution approving OLID Resolution 19-02 2020 Service Charge <br /> Request. <br /> Background/Discussion <br /> In accordance with the Order Establishing Orono Lake Improvement District, City Council shall review <br /> the OLID budget annually after the annual meeting is held in July or August of each year. <br /> The OLID Proposed Budget 2020 was submitted by the Board of Directors. It includes an assessment <br /> request for Activity 1 Lake Orono Restoration and Enhancement (LORE) project,with a total cost of <br /> $650,000 to be assessed over five years by the City of Elk River via a 429 Assessment. Staff is seeking <br /> council direction in order to proceed with the LORE project via various funding sources including <br /> assessment to OLID property owners at the rate outlined in OLID Resolution 19-01. <br /> Secondly the OLID Annual Service Charge Request for Activities 2-7 for various projects with a total <br /> cost of$12,825. OLID property owner cost is $75 per unit for these activities. <br /> The OLID Board submitted Resolution 19-01 certifying the LORE assessment request and Resolution <br /> 19-02 certifying the annual services and activities charge request. <br /> City staff were provided with the following voting results from the OLID Annual Meeting below: <br /> Question 1: Lake Orono Restoration and Enhancement (LORE) Project Assessment Request <br /> Yes 85 — 72% <br /> No 33 —28% <br /> Question 2: 2020 OLID Annual Services and Activities Charge Request <br /> Yes 90— 76% <br /> No 28 —24% <br /> The Elk River Vision <br /> A PehoMing community 2a itb revolutionary and spirited resourcefulness, exceptional POWERED By <br /> service, and community engagement that encourages and inspires prosperity INAWRE1 <br />