07-07-2008 CCM - Laserfiche WebLink

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City Counc2 Nfinutes July ,oo 'age INDICATING PRELIMINARY INTENT TO ASSIST THE FINANCING OF THE PROJECT PURSUANT TO MINNESOTA MUNICIPAL INDUSTRIAL DEVELOPMENT ACT AND (METAL CRAFT PROJECT). MOTION CARRIED 5. .ituminou er r r r' a .ss s meat atinp- Ir. Maurer presented the staff report and provided a background of overlay pro er ents and why the city does these projects. The low bid, from Rum € er Contracting Company, came m appro.x=ately 5% under the feasibility estate. Mr. Maurer recommended the Council reduce the assessment rate per single fly residential unit from 51,963 to $1,500 which would be assessed at an mnte,rest rate of 4% over five years. Property owners wiU receive an updated assessment sched .e in the mail if the reduction is approved. Mayor I<3inmi g opened both the irnpro ~ement and assessment public hear gs. Jerry McChesney, 1935 — 6 Lane, supports the improvement project due to the low bid and that if not this year an overlay w -M be needed the near future. Mark Olson, 18778 and 18784 Yankton Street, asked ques tons about the overlay itself, and expressed concemsWith garbage trucks using the road. . Ir. Maurer stated the o eday wiE be appro ►ately " thick and they wiU try, to maintain a road Nvidth of 17'. Jason Sendzik, 18712 Yankton Street, stated his road is currently gravel and expressed emrzonmental concerns as here is a wetland in die area. . e asked about any impact drat Paving ffiis road would have on drainage patterns, as well a the possibility of lengthening the repayment period of the assessment. Mr. Iaurer stated no reVlew by the DNIR is required to proceed With an overlay improvement, and stated drainage partems should not worsen'With an overlay. He stated Council may consider approving a longer period of time to repay the assessment, but that property owners-%vould be pa3ing more interest. Lou Aran Miller, 708 Auburn Place,, asked questions about -whether or not the City would start mainta�. g the private roads in theB'arrington Place development. Mr. Maurer stated the only roads that are receiving the overlayin this project are public roads, and clarified that p ate ,roads would still need to continue to be maintained by the development's assocla .on. Robert Moore, 18692 Yankton Street, expressed concerns % `Ith trees near the roads and opposed the overlay. Dan Paulson, 558 Jefferson sane, asked about miUing the roads and could repairs be made to current cracks on the street. Ir. Maurer stated the contractor ffl n-�h so as to match the e sting concrete gybing. Street Division -1 repair any bad areas.