Agenda - Council - 02/14/1995 - Laserfiche WebLink

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I I I I I I I I I I A special note should be made regarding Project 95-04, which involves the sealcoating of 153rd Avenue N.W. While this is a collector street, there are a number of individual properties which rely on 153rd Ave any other roadwa} there are few sucl result in inapprop: require such prol: City's street main cost as other pro.. improvement. hue N.W. for access and would otherwise not contribute to the maintenance of which might service their property such as a County roadway. However, since parcels, dividing the project cost among this small number of parcels would lately high individual assessments. It is proposed that the City adopt a policy to :rties to contribute equitably with other parcels that receive the benefit of the enance. As such, it is proposed to assess such individuals the average per unit >erties in the 1995 Street Maintenance Program which receive a sealcoat The costs contain~ within this report are estimated costs. The projects will have a final tabulation made on actual p!oject costs consistent with the methodology described in this report. A public hearing will be h~ld identifying the actual costs to be recovered by special assessment. Each property may, at ~my time prior to certification of the assessment to the County Auditor, pay the whole of the asselsment on such property, with interest, except that no interest shall be charged if the entire assessment is paid within 30 days from the adoption of the assessment resolution. Special assessm~ts reported to Anoka County shall be payable over a three year period for sealcoating proje4ts and ten years for overlay projects with interest at a rate of two percent (2%) above the prime r~ite at the time of the special assessment hearing. PROJECTED ~ROJECT SCHEDULE In proceeding with the improvements, the following schedule could be anticipated: Receive feasibili~ study and set date for public hearing Hold public heari/~g Authorize project, and order plans and specifications Approve plans an~ specifications and set the bid dates Receive bids and ~ward contracts Perform crack f'flling Perform overlays Perform sealcoatir~ g Hold assessment l~earing First payment dueiwith tax statement January 10, 1995 February 14, 1995 April 25, 1995 April 25, 1995 May 19, 1995 June 1995 June 1995 July I995 August 1995 May 1996 8 15'7