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$704 over this ten year period. It should be noted that five of the 19 properties are owned <br />by two property owners and their assessments would be multiples of the above values. <br /> <br />Following the public hearing, the Council should direct any revisions to the feasibility study it <br />deems necessary as a result of the comments made at the public heating, as the feasibility study <br />will serve as the basis for determining the work to be performed and the method in which costs <br />will be financed. Assuming no petitions are received from amajorityofthe benefited properties <br />opposing the improvement, the Council will be asked to order the projects at the June 13, 2006 <br />meeting. It is anticipated that contracts could be bid and awarded at the July 11, 2006 Council <br />meeting and work would be performed during August 2006. Final costs would be presented at the <br />assessment hearing on September 26, 2006. <br /> <br />Council Action: <br /> <br />None required, unless modifications to the feasibility study are desired. <br /> <br />Reviewed by: <br />City Administrator <br />Public Works Director <br />Finance Officer <br /> <br />CC: 03/28/06 <br /> <br />-188- <br /> <br /> <br />