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The City is propol~ing to recover the cost of the installation and operation and maintenance of the <br />six subdivision s~eet lights by charging a monthly amount o£ $4.$$. This rate was determined to <br />be adequate to re~over these costs for this particular subdivision lighting project. Future rural <br />subdivisions will be charged the same rate. The rate will be reviewed periodically, as are all other <br />charges for City sbrvices, to ensure adequate revenue. Normally, City rates are adopted annually. <br />We might anticip~tte increases in the rates if operation and maintenance rates are increased to the <br />City by Anoka El~tri¢ Cooperative. The above monthly charge would be billed quarterly to each <br />of the benefitted ~roperty owners by Anoka Electric Cooperative as a separate charge on their <br />utility bill. ~ <br /> <br />PRO.IECT SCHEDULE <br /> · <br />This project is tec~mically feasible. For the project to be implemented, the following activities will <br />need to take place ~n the projected schedule below. <br /> <br />Hold public hearing ~ May 24, 1994 <br /> <br /> Citizens m~y offer testimony in regard to the project. This may take the form of statements <br /> for or agaihst the project. Or it may request clarification or modification of any aspect of <br /> the projectlas described in the feasibility report. Upon close of the public hearing, the City <br /> Council ma,'y direct any modification to this feasibility study it deems necessary. This <br /> feasibility ~tudy will become the basis for clef'ming the project. Property owners who may <br /> be oppose~ to the project may submit a petition expressing their opposition. If a petition <br /> signed by ~nore than 50% of the benefitted property owners is presented to the City within <br /> sixty days,bf, the close of the public hearing, the project shall be considered terminated and <br /> a similar pqoject cannot be considered for twelve succeeding months. <br />City Council to Or~er Project - July 26, I994 <br /> <br /> Upon the ~]tapse of sixty days from the date of the public hearing, the City Council may, at <br /> its discreti6, n, order the project to be installed. <br /> <br />S~eet Lights Installed - August, 1994 <br />Quarterly Paymen.~ Begin - October, 1994 <br /> <br /> First billing~ would be prorated based upon date of light installation. <br /> <br />2 <br /> <br /> <br />