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MINUTES <br />CITY COUNCIL <br />SEPTEMBER 23, 1992 <br />estimated cost of the project per front foot would be <br />$68.78 for street costs and $2,511.18 per lot for water <br />main. Under this recommendation, an 80-foot lot would <br />be assessed $8,013.92. <br />Hanson pointed out that many lots in this project have <br />100 feet of frontage. <br />The City Engineer replied that this was correct, and <br />pointed out that there are some lots with 200 feet of <br />frontage. The Engineer suggested that City staff will <br />have to review the larger lots to determine whether or <br />not they can be divided, and whether there is any <br />portion of the assessment that could be deferred. <br />Hanson asked about senior citizen deferments. <br />The City Administrator reported that Statute does allow <br />for senior citizen deferments for property owners over <br />65 years of age, the property must be homestead, and <br />income guidelines must be met. <br />The City Administrator reported that the estimated cost <br />of the improvement for a 100 foot lot would be $9,389 <br />for the added street frontage. The water main <br />assessment would remain the same. <br />The City Engineer noted that it is proposed that the <br />City pay 20% of improvement costs. The Engineer also <br />pointed out that there are 10 lots involved that are <br />new development lots. Typically, new development lots <br />are assessed at 100%. <br />The City Administrator reported that Statute says that <br />all properties must be treated equally as part of an <br />improvement project. Therefore, the new development <br />lots would have to be assessed at the 80% rate. <br />The City Engineer pointed out that this is a very <br />difficult area to assess, especially along Allen Avenue <br />and with all the corner lots involved. <br />Blesener asked the effect the project would have on the <br />elevation of Vanderbie. <br />The City Engineer could not give an exact answer since <br />survey profiles of the street have not been done. <br />However, he pointed out that that this is an existing <br />area and existing boulevards must be matched. The <br />Engineer anticipated that the street will be lowered <br />slightly, somewhere between 6 inches and 1 foot. The <br />Engineer pointed out that along the new development <br />area, the lots are lower than the street, and the <br />Page 14 <br />