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17 <br />SPECIAL ASSESSMENTS –RYAN DRIVE <br />•Pre-existing agreement between City and Ryan <br />Industrial Park <br />•100% of Street and Storm Sewer costs assessed <br />•50% front footage <br />•50% lot area <br />•Approximately 1% lower than estimated assessment <br />•At the Improvement Hearing, Council decided to defer <br />assessments until 2028 (with interest) <br />Street and Storm Sewer <br />•Assessed to 3 properties <br />•City contributing 100% of indirect costs (pavement, <br />restoration, engineering, etc.) <br />•Additional costs incurred due to contaminated soil & <br />groundwater <br />•At the Improvement Hearing, Council decided to: <br />•Cap assessments at $9,500 <br />•Defer assessments until connection is made or <br />property ownership changes <br />Sanitary Sewer Extensions