6.4. SR 01-22-2001 - Laserfiche WebLink

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City Council Meeting April 4, 1988 Page 2 5,2. Central Business District Beautification Improvement Assessment Hearin8 Public Hearing Mayor Gunkel explained that the project is priced as low as possible and meets the objectives for beautification of the downtown area. She noted that the bids were open for the lighting aspect of the project and that most of the prices in the project were firm. Greg Korstad, City Attorney, explained the assessment hearing process. He noted that the purpose of the meeting is to receive input from the people proposed to be assessed for the beautification improvement. He noted that the City is proposing to assess the cost of the project on a per unit basis. He noted this is based on the City Council evaluation of the most fair way to proportion all of the costs to the properties benefited. He explained that all property owners should have been notified of the assessment and of the proposed assessment method and that the property owners should make their objections known to the City Council at this time. Mr. Korstad also explained that the lighting contract may not be awarded until the appeal period is expired, which is 30 days from the date of the assessment roll being adopted. Terry Maurer, City Engineer, explained that the City has received the street lighting bids and also has received quotes on the other elements of the project. Mr. Maurer reviewed the cost of the project which is as follows: ITEM ASSESSED OTHER TOTAL COST Street Lighting $65,000 $35,000 $100,000 Trees -0- 18,300 18,300 Tree Grates 29,000 -0- 29,000 Trash Receptacles 11,500 -0- 11,500 Textured Sidewalk 11,800 -0- 11,800 $117,300 $53,300 $170,600 Mr. Maurer explained that the method of assessment of a per unit basis is based on the input from the mock assessment hearing held January 21, 1988. He noted there is a total of 40 assessable units; 37 whole units to be assessed at a rate of $2,950 per parcel, and 6 half units to be assessed at a rate of $1,475 per parcel. Mr. Maurer noted that the interest is calculated at a rate of 10% but may be reduced when the bonds are sold. Mayor Gunkel opened the public hearing at this time. Mr. A1 Nadeau, property owner and business owner, presented a letter including a list of property owners wishing to appeal the assessment. the following names were included in the list: