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The improvements required to replace the maintenance issue of the undersized pipe crossing <br />Main Street and reconstruct any existing storm sewer elements would not be assessed and would <br />be fully paid for by the City through the Storm Water Utility Fund. <br />An alternate assessment distribution option was also evaluated. Distributing the assessable costs <br />on a per lot basis would be the equivalent of the average assessment listed below if it were to be <br />applied over all the catchment area properties equally. <br />If only the 9 properties that are on the block of Morton Avenue that has the flooding issue share <br />the assessable cost, their individual assessment would be $6,344.44 for Option 2 and $44,388.89 <br />for Option 3. A special assessment amount cannot be more than the increase in value of the <br />property it is levied upon. The Option 3 assessment amounts may be difficult to substantiate and <br />therefor this option is not recommended. <br />Table 5: Funding Breakdown Summary <br />Funding Source <br />Option 2 No <br />Assessments <br />Option 2 With <br />Assessments <br />Option 3 Totals <br />Special Assessments <br />$0 <br />$57,100 <br />$399,500 <br />City Storm Water Utility Funds <br />$245,000 <br />$187,900 <br />$125,200 <br />Total <br />$245,000 <br />$245,000 <br />$524,700 <br />Table 6: Assessable Weighted Area in Sub -Catchment <br />Assessment Breakdown <br />Option 2 <br />Option 3 <br />Total Assessable Weighted Acres <br />24.25 <br />9.13 <br />Assessable Cost Per Weighted Acre <br />$2,354.64 <br />$43,737.67 <br />Table 7: Assessment Summary <br />Option 2 <br />Option 3 <br />Average Assessment (Per Lot Option) <br />$549.04 <br />$7,990.00 <br />High Assessment <br />$2,200.50 <br />$26,811.20 <br />Low Assessment <br />$32.16 <br />$1,093.44 <br />Median Assessment (Middle) <br />$452.68 <br />$6,298.23 <br />Mode Assessment (Most Common) <br />$179.49 <br />$2,186.88 <br />VIII. Recommendation <br />Based on the findings presented in this report, Option 2 meets the desired outcome at the lowest <br />estimated cost. These improvements are cost effective, necessary, and feasible from an <br />engineering perspective to resolve the flooding issue on Morton Avenue. Should the City <br />determine these improvements are financially feasible we recommend that the City Council <br />approve this report, call for a public hearing to follow the MS-429 process should they elect to <br />proceed with levying special assessments, and authorize the preparation of final plans and <br />specifications. To be incorporated into the 2023 street improvements project. <br />Prepared by: Bolton & Menk, Inc. <br />Morton Avenue Drainage Study I OR11.127809 <br />Recommendation <br />Page 8 <br />