Laserfiche WebLink
t.llcau~l~ speciMtl aysGSS~nents tc~ the b~:nei'it~ad prcapertie;s w7.djac:~;nt to the: im,provc;d streets <br />c;onsisterat with 4iirrneacat~t Sttlte ~ttitutes ~?~? wtt~t~l City ~t l~utn~t:y ~'odt~ Claapt~;r ~, Tl1r: <br />rc:~~~~inir~g 5k)"'u ~tthe street i.mprcave.c~.~ants tivili iie t~n~rns~eci 4vill1 City i~.k~l~~urrsey ~encr.al <br />tun~ks r~;ver~u~as, <br />~rtse:ci upon the enlbcvL distribution, tl~~; tott~l project e~ost wild bra funded as tcl o~~,vs; <br />,'1a l SQ,9S7 tiot~t tlz~: City general ti.rnd; ~`623,3e~a tram the stoxrn water utility; and $15Q,957 <br />k"rc~m a~yc>ss.t~ents, Thr ~ssc~ss~:d pr~rtic~n c~E the project east ~hs;~il be ass~;s~ed arnar~~ thy; <br />benwftc:d prcaptrtie~s listed in :appendix C, T11e bei•rctit4d properties are approacimately <br />equal in area and t'rontage~and tMe ass~ssrncrrt is proposed to be on a per lot balls <br />including the lot which is vacant. The corner property not having access ar frontage on <br />Chameleon Street is proposed to be assessed one halt share. The parlcproperty shall be <br />assessed ane sherre. The total assessable project cost'shall` be divided among all the <br />assessable sh~ues. <br />1, :kit~al t4tb~rlatican oFactu4tl proj~:ct costs shall Cae nl4tdir consistte:nt yvith the: in~;thadc~logy <br />eiesc:rib4cl in this report. ~\ public hr:«r>:~ing will bc; ht:ld idcntityirlg the ac~uzrl costs to bc: <br />ret;overc;d by sp~;ca.l assessra~wrxt, l'rr,perty c~vvr~ea° ~~vca~Gld haave tl~~; option b~f preying the full <br />+~cast of ti~ti ~tissey,+,n~ent withtaut ialte:re~t at tlae ccanc~~~si~art ct't~~e project, or ccauld elect tc <br />llk~vc: this assca5sment ce~lleccc;d ~tnnunliy ~~vith Cl1Gir tax. p~,y`rne~ts aver a tr~n ycaar period. <br />l~rc~perty owners e;lacting tea: ha~~e t~,c prc~~~c:t cost speci~,ll:v ass~:ssed shall have ti°r~:ir ceast <br />i°~;lacart~cl tc~ ~.~~cak~l C"cacrnty ~~nGi c~allect~:,d raver a, peric~~i ~~~"tip try tc~r~ yek~rs with itaterest ~~t ~t <br />rrttG rat tvvo percent ('/,j above thr t,J ~. Trea~ttry trite at the ti;rr~o of the special <br />M1ssr:ssment bearing, ~t axa estirrlated antea~est rate ak G,4`3~0, ru~nualpayr~nents wafted range <br />trcrn $ l ,~ a ~ to ~ 7~~i ovrw:r Chis ten y~;;"tr period,' , <br />This project is ant>.clpated to proceed undbr tk~e regulations o.f Chapter =t of City Code and <br />State;. Statutes ~?~) wlli~ch~ regulrrtc~ special assessment public; improvement projects. <A <br />schedule. tier the progress ot'thl~ project is anticipatc~;d as follows: <br />C)ctober, 20t74~ C'i•esent feasibility st~,rdy to City Council and Urdr;r <br />public hearing <br />« N'u~~e.mbrtr, 2t)d~ l-lolcl pcrblic l~aera.ri:n~; <br />« .l4inGx~y~, ~~(~~'~ ~.uti~t~rize project by ~"ity C~auncil ~caQ days attr4r <br />public: her~~rit~g,) <br />~.pril, ~ta0!~) 1~4e;eivc~ plGurxs tend ~prw,riti~~tt:ita~~s anc~ ;~crthori;ze bids <br />~ lMiay, `?t)()~) ~r:er:ivc~ bids and xtward c~tanstt~~ac:tir~n contract <br />,lane wt)Q~7 ~"car~struct projecat <br />• ~ie;p't~;rrrber 3~, ?f)Q~l C laid ;;~sse5srnent h~:ari:nl; anck levy asscs~mc:nts <br />l~trty ~Q 10 iy first rtssessrrlcnt paym~:nt ~ittc; <br />'"Chi; above schecinle is drpc;ndr~tat upota ~e reclr.tired City funds being; avall~tblc:~ fiar this <br />proj~:ct within the ?!)U9 calendar year. 'Thy; City has budgetc;d ~ :tor pc:titioncd <br />street paving projects in ?QOM, It should be noted that petiticans .tar multiple projects have <br />$ -3~ <br />