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Assessments <br />Pros <br />Cons <br />• <br />City has to show value <br />equals assessment <br />• Current percent too high <br />• <br />City could use G.O. Bonds <br />• Counter petition percentage <br />too low <br />• <br />Transparent (Nexus is <br />clear) <br />• City needs to show value <br />• Burden /expensive <br />• Abrupt /surprise <br />• Arbitrary (based on <br />frontage) <br />• Can't cover full amount - <br />non-sustainable <br />• Inefficient (petitions) <br />Solutions <br />■ Moratorium on road assessments during franchise fees <br />■ Need for additional funding <br />■ Charter amendment to increase petition threshold <br />■ Lower percent of Charter - estimate fixed percent <br />