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City Council Minutes May 13, 1998 • Page 2 ; a ; 3 ~' Councilmember Kuettel moved approval of Resolution 98-10, approving the bid of Palda and Sons for the reconstruction of Hoyt Avenue between Cleveland and Fulham Avenues. The motion passed unanimously. ESTABLISHMENT OF HOYT AVENUE ASSESSMENT RATES AND CONSIDERATION OF RESOLUTION 98-11, DETERMINING COST TO BE ASSESSED AND ORDERING PREPARATION OF THE ASSESSMENT ROLL Administrator Hoyt explained that the city council needed to set the assessment rates for the Hoyt Avenue improvement project. The proposed rates are 526.50/front foot for street reconstruction, 514.51 /front foot for streetlight assessments to residential properties, and 520.85/front foot for streetlight assessments to tax exempt properties. The street assessment rate is the same rate used for residential properties for the Lindig and Larpenteur Avenue improvement projects. The proposed streetlight assessment rate was calculated by dividing the cost of the "St. Paul" style decorative lights by the total available front footage and then applying a 510,000 credit to taxpaying properties. The 510,000 represents the amount that the city would have invested in replacing five of the "standard" streetlights on Hoyt Avenue. Councilmember Jacobs moved approval of the following assessment rates: 526.50/front • foot for street reconstruction (residential properties), 514.51 /front foot for streetlights (residential properties) and 520.85/front foot for streetlights (tax exempt properties.) The motion passed unanimously. Councilmember Hustad moved approval of Resolution 98-1 1, determining total cost to be assessed and ordering preparation of the assessment roll. The motion passed unanimously. CONSIDERATION OF RESOLUTION 98-12, CALLING PUBLIC HEARING ON PROPOSED ASSESSMENTS TO HOYT AVENUE PROPERTIES Administrator Hoyt reported that the council is asked to adopt a resolution establishing the Hoyt Avenue assessment hearing for June 24, 1998. Each property owner will receive notice of their proposed assessment amount. Councilmember Jacobs moved approval of Resolution 98-12, scheduling the Hoyt Avenue assessment hearing for June 24, 1998. The motion passed unanimously. CONSIDERATION OF RESOLUTION 98-13, ORDERING A FEASIBILITY STUDY FOR THE NORTHEAST AREA STREET IMPROVEMENT PROJECT Engineer Maurer reported that the city has been reconstructing its local residential streets • over the past several years. The northeast quadrant of the city remains the major area for reconstruction. The first step in undertaking a street improvement project is to order a feasibility study, which will provide information on the proposed project and its costs.