10-15-2003 Council Special Minutes

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MINUTES CITY COUNCIL OCTOBER 15, 2003 solution to this tree damage as well as the other issues that were raised this evening. There were no further comments from the general public present this evening. The City has received no written objections to this assessment. Upon motion by Blesener, seconded by Montour, the public hearing was closed. Mr. Blesener introduced the following resolution and moved its adoption: RESOL UTION NO. 2003-10-235 -ADOPTING THE ASSESSMENT FOR SEXTANT AVENUE, IMPROVEMENT NO. 2000-I7, AS RECOMMENDED BY CITY STAFF, WITH REPAYMENTTERMAT TEN YEARS AND INTEREST RATE AT 5.5 The foregoing resolution was duly seconded by Montour. Ayes (3) Fahey, Montour, Blesener. Nays (0). Resolution declared adopted. IMP. NO. Mayor Fahey opened the public hearing to consider the assessment for 2001-19 the improvement of Stark Street from Dumont Street to County Road C STARK by road reconstruction, concrete curb and gutter, and drainage STREET enhancements. The City Engineer reported that estimated actual costs are $320,000 which is slightly under the initial estimate of $329,500. Total assessable costs are $103,196.80. The Engineer reviewed the City's residential assessment policy which provides for the assessment of 85% of street reconstruction costs for the typical residential street. That assessment is based on a front footage assessment with the maximum rate capped at $50.00 per front foot. The maximum rate is proposed for the Stark Street assessments with the inclusion of a $1.50 deduct given the hydro seeding of the area rather than sod. The Engineer then reviewed assessment payment methods. Property owners can pay their assessment at the City Center within the next 30 days with no interest accruing on the assessment balance. Partial payments are also accepted with the City then certifying the unpaid assessment balance to Ramsey County for collection with property taxes. After expiration of