Agenda - Council - 01/14/1986 - Laserfiche WebLink

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I I I I I I I I I I I I I I I I I TO: FROM: Ramsey City Council City Staff MEMO DATE: RE: January 9t 1986 Public Hearing Cost Estimates for Trunk Storm Sewer Improvements - West Drainage District As requested at your December 17, 1985 council meeting, the City staff has prepared estimated costs to proceed with the public hearings for each of the three alternative methods of financing. The estimated costs are as follows: Alternate I: Current Assessment Policy 1. City staff time to prepare assessment roll: $3,600.00 2. Engineering cost (assessment roll & public hearing): 1,600.00 3. Publication: 100.00 4. Mailing: 200.00 Total Estimated Cost: $5,500.00 Alternate II: Storm Sewer Improvement Taxing District 1. Draft ordinance to established district: $550.00 2. Public hearing: 550.00 3. Publication: 100.00 4. Mailing or deliver notice (optional): 300.00 Total Estimated Cost: $1,500.00 Alternate III: City Wide Storm Sewer Improvement Taxing District 1. Draft ordinance to establish district: $550.00 2. Public hearing: 550.00 3. Publication: 100.00 4. City wide mailing (optional): 800.00 Total Estimated Cost: $2,000.00 Alternate I is considerably more costly due to the work required to identify all benefited property owners and assessment amounts. In addition, the on-going annual maintenance of the assessment roll for a project of this magnitude is very costly. The City Wide Storm Sewer Improvement Taxing District would cost slightly more than the cost for a localized Taxing District. However, once a city wide district is established, the City could initiate future projects without adopting ordinances to create new taxing districts.