8.3. SR 07-25-1994 - Laserfiche WebLink

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. (i.e., the Western Area project goes all the way out to Waco Avenue) is also a factor. An additional issue for City Council discussion is the possibility of charging trunk assessment based on the zoning classification in that project area and not on a gross acreage basis. Some comments regarding this $3,800 per acre policy includes the following: . . The $3,800 per acre amount in some cases may appear to be higher than the actual costs in the area, but this assessment rate also has to cover such items as: o Green Acre assessments that are deferred. o The 1992 Assessment Policy change whereby two years interest free assessments are offered for "tillable" green acres property. o Covers "newly identified" undeveloped areas that are taken out of the original total assessable area due to such items as wetlands or ponds. o Covers project change orders such as the recent change to a 30" casing instead of the proposed 20"-24" casings for the trunk sewer and water underneath Highway 169 into the Hillside development area. o Covers special cases where part of the trunk system is installed but not assessed out until the other part of the trunk system is in place; such as for the Nord property in the northwest area and the Hillside Fourth property near the water tower. . The assessment amount provides for the identical cost for all property owners/developers for trunk improvements; this provides for a consistent and uniform assessment policy. . The amount under discussion is an assessment figure and not a City fee; therefore allowing this amount to be paid over time rather than up front when a plat is recorded. The City could change its policy to a fee basis and designate the fee to cover trunk sewer/water assessments and any other utility related expenditure. . Typically the City will not know if the $3,800 amount is appropriate until the entire project area is developed. The City is currently starting Phase II of the Western Area project which may take three or four phases to complete. This $3,800 amount could be high or low depending on the actual cost of the improvements and the total assessment area for these improvements. It will take years to determine if the cost is completely accurate and by that time the original property owners or developers may be long gone .