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<br />. <br /> <br />Honorable Mayor and City Council <br />January 18, 1993 <br />Page Two <br /> <br />7. Construction bids are received and considered by the City Council. The City Council <br />awards the construction contract after the developer enters into a Developer's Agreement <br />and places necessary surety. <br /> <br />8. The improvements are constructed under City supervision. <br /> <br />9. An assessment roll is adopted by the City Council after an Assessment Hearing, if <br />required. <br /> <br />Based on the petition received, the attached draft resolution is presented for City Council <br />consideration. This petition declares the adequacy of the petition and orders the feasibility <br />study. Preparation of the feasibility study should be contingent on the developer placing an <br />escrow with the City to cover its cost. <br /> <br />If you have any questions regarding this information, please call. <br /> <br />Sincerely, <br /> <br />. MAIER STEWART & ASSOCIATES, INC. <br /> <br />~fJ11!~ <br />Terry t'Maurer, P.E. <br /> <br />TJM:tp <br /> <br />Attachment <br /> <br />. <br /> <br />159-1802.jan <br />