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The costs ~ontained within this report are estimated costs. The projects wh/ch proceed to <br />construction will have a final tabulation made on actual project costs consistent w/th the <br />methodol6, gy described in this report. A public hearing will be held identifying the actual <br />costs to b~ recovered by special assessment. Each property ma),, at any time prior to <br />certification of the assessment to the County Auditor, pay the whole of the assessment on <br />such prop~, with interest, except that no interest shall be charged if the entire assessment <br />is paid wi/0kin 30 days from the adoption of the assessment resolution. Special assessments <br />reported t6 Anoka County shall be payable over a three year period for sealcoating projects <br />and ten y~ars for overlay projects with interest at a rate of two percent (2%) above the <br />prime rate,at the time of thc special assessment heamg. <br /> <br />PROJECrFED 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 publ';c hearing <br />Authorize ~rojects and order plans and specifications <br />Approve I: [ans and specifications and set the bid dates <br />Receive bi :Is and award contracts <br />Perform cut ack filling <br />Perform o~erlays <br />Perform s~.alcoating <br />Hold assessment hearing <br />First paym~ent due with tax statement <br /> <br />February 22, 1994 <br />March 22, 1994 <br />May 24, 1994 <br />May 24, 1994 <br />June 14, 1994 <br />Early July, 1994 <br />July 1994 <br />Late July 1994 <br />August 1994 <br />Ma>, 1995 <br /> <br /> <br />