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Pas! practice has been to classify individual projects by subdivision, since individual lots within <br />the subdivision generally have similiar characteristics and lot sizes. The costs contained within <br />~i~is report are estimated costs. The projects will have a final tabulation made on actual project <br />costs consistent with the methodology described in this report. A public hearing will be held <br />identifying the actual costs to be recovered by special assessment. Each property may, at any <br />?ime prior to certification of the assessment to the County Auditor, pay the whole of the <br />.,osessment on such property, with interest, except that no interest shall be charged if the entire <br />assessment is paid within 30 days from the adoption of the assessment resolution. Special <br />assessments reported to Anoka County shall be payable over a three-year period for sealcoating <br />proj~.'zts, and over a ten-year period for bituminous overlaying projects, with interest at a rate of <br />two percent (2%) above the U.S. Treasury rate at the time of the special assessment hearing. <br /> <br />PROJECTED PROJECT SCHEDULE <br /> <br />In proceeding with the improvements, the following schedule could be anticipated: <br /> <br />Receive feasibility study and set date for public hearing <br />Hold public hearing <br />Authorize projects and order plans and specifications <br />Approve plans and specifications and set the bid dates <br />Receive bids and award contracts <br />Perform work <br />Set date for assessment public hearing <br />Hold assessment hearing <br />First payment due with tax statement <br /> <br />February 13, 2001 <br />March 13, 2001 <br />May 22, 2001 <br />May 22, 2001 <br />June 12, 2001 <br />June-August 2001 <br />August 28, 2001 <br />September 25, 2001 <br />May 2002 <br /> <br /> <br />