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tlwugh 4PQC1k11 Gt, a.Sl111a�Tlt Vo thg h nal'iteci proparties a4IJ.,=m,t to thca improved strec,ts <br />t;gnsiatQnt with Ntinnv$otati StattQ $tut%tws 429 4nd City or Ramsay Codd Chaptor 4, Tho <br />rr:rnatl.niq 501!41 oil tho wcut 1. mprcaYta.tirints will bd 11manced wi,tll C.lty ta.k' Umscy geraearttl <br />k'�tncls I'+�Y�nut:a, <br />tilted upsan the cabcavc: distrtbut,iun the to4ll pr*c;t c;c�st will be Nhdud as rollcaws; <br />; 150,957 l"t'om t1w City gcna.ral t'Lm4o' $*'3,31)3 from tht: SxOrrrm ,hatce �tjllty; and $150,9$7 <br />t'rorn asscnm ants. The amgssad portion OAFtho proj out Out shad! bo alssc^ssed among the <br />bendtlta d, pra,pQrtlus listed in Appet"tcdix C, The bc^narltod properties are apPMAlm'ately <br />aaqual iia arta andt�'nntkt e.and the assessmerrt is pro'posad to be on a per lot basis <br />including the lot which is vacant, T11e co;mcr property moat having access or Frontage on <br />Chatrnelcon Street is proposed to be assessed one 11a1.Fshiu�• The park property shall be <br />assessed one share, The total assessable project casrshaCl be divided =Ong all the <br />assessable sh', es. <br />A ;tlna,l taibulattion nr4CCUa1 prUi Ct costs sh il.�ac maleic consistent with the MCthadology <br />ciescribdd in this repast, A public hoarina3 will be held idcnti.fMvitat; the actuml casts tU be <br />mwavemd by spQtt.-4 assc SM:nt, property own . �vcauld lapvc^ the option &F Paving the full <br />uc�st <br />or tht: clsyos,mcilt without inters 4t at the QQnCluSi.oa Qf t'h : praj"t, Or Could elect to <br />have this mocmsment ainnually with their tax paymcrtts over a ten year period, <br />Property owners cleckiiq to ha�;e tho project Qost Specially Usc:Wd Shral,i t'itivt their coast <br />repwtc^4l W Anoka Cqunly L!"d wcallcatad over a period caF up; tai tort yc;ars WWI intOrest at 9 <br />ratc or two poru4^nt (21K) above thw U,S, "''rwtasctry rIke at the; time at tht special <br />ttsyea+sinc°nt ey'tir'MaL,LAd i,ntet"est ratc Of 6.Wlmh, 4nnural patymcnts would ranwe <br />t' wt ,'l; 15237 tra i't ' over thl's tc'n ye',If pariod.' <br />PROJECT SCRE•nULE' <br />This project is anticipated to pxac:eed under the reouiaticans of Clzaptur 4 of City Code and <br />State. StaCute;s �7 which rct;ultate special assessment public Improvement projects, A <br />schedule for the progress of alis prciect is anticipated as t'callaws; <br />• October, Proscar Feasibility study to City Council and Qrdcr <br />public heari;tag <br />» NQ-vember„ 2008 Hold publio hettri;ng <br />lan4ttaz , 2UC Authoriz: prvjwct by City C(NUil 00 days t-tca:r <br />,public: hetvring) <br />Mari!, MU( 4a R.w auivw plans =4 �pat;il r;uw't,lo.t�s and atiwalca�^i�e bids <br />N Nt4"/, RoaaivW bids rand wIward aratlstruc;tloca e;cartitract <br />,l�,t��t+: t�t�i�7 C'c�rlst��+aot prtajc:c:t <br />Sept4rnber :ti, 2009 Ijul4{ moeasrment IIwltri,n� and levy amsussmon'ts <br />lvTaty »01.0 lrirst ttssessmenk pttiymamt 4itt4 <br />The ttbuve schedulo is dwpundwlt axlacatl the raciuirc: City funrda being a-vailab.lw' 'rm tll.ls <br />prajcat within the 2009 cWeruiar y,4a�r, The City hus budVItOd 5,,,,,,,,_,,,,.For petitioned <br />s-trect paving projects in 2009, it ihmtld be noted that pc:tirica.n,s t'or multiple projects have <br />—122— <br />