10-28-2020 Special Council Minutes (Assmt Hearing - Greenbrier Cty Rd D)

Home Browse Search

MINUTES CITY COUNCIL SPECIAL MEETING OCTOBER 28, 2020 payments should be made prior to November 15"' in the given year or the County will add the next year's interest to the balance. He explained how the assessment amounts for each property were determined. The City Engineer reported that anyone wishing to object to the proposed assessment should do so in writing at this time. Submitting a written objection will preserve the property owners right to contest the assessment in District Court. There were no written objections received. There were two attendees in -person in the audience, and six attendees participating virtually. Montour asked how the interest rate was determined. The City Administrator stated that in the past it has been Prime phis one or two percent. He noted that due to COVID-19 and the recession, staff is recommending it be just Prime, which right now is 3.25%. There were no additional comments from the general public. Upon motion by Keis, seconded by McGraw, the assessment hearing was closed. The City Administrator stated that 3.0% was noted in the letter and that the Council would set the actual rate at the assessment hearing. He noted that the interest rates have been set at Prime plus one or two in the past, but due to COVID-19 and the recession, staff is recommending that the interest be set at just Prime which is 3.25%. Montour introduced the following resolution and moved its adoption: RESOL UTION NO. 2020-10-136 —APPROVE ADOPTING THE ASSESSMENT ROLL FOR IMPROVEMENT NO. 2019-02, GREENBRIER STREET (FROMLABORE ROAD TO COUNTY ROAD D) CONSISTING OF FULL RECONSTRUCTION INCLUDING CONCRETE CURB AND GUTTER, AND A STORM WATER SYSTEMAS RECOMMENDED BY CITY ENGINEER, AND SETTING THE INTEREST RATE AT 3.25% The foregoing resolution was duly seconded by McGraw. Roll Call Vote: Keis/Torlcelson/Fischer/McGraw/Montour/Torlcelson Ayes (5). Nays (0). Resolution declared adopted. IMPROVEMENT NO.2019-01 COUNTY ROAD D (from Payne Avenue to Greenbrier Street) ASSESSMENT HEARING Mayor Keis opened the Assessment Hearing to consider the adoption of special assessments for Improvement No. 2019-01, County Road D (from Payne Avenue to Greenbrier Street), consisting of full reconstruction including concrete curb and gutter repair and a stormwater system. 2