10-13-92 Council Special Minutes

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MINUTES CITY COUNCIL OCTOBER 13, 1992 the road beyond repair. If the road reconstruction is ordered, the final lift of bituminous would not be put in until the new development was completed for the most part. The Engineer described the area that is involved in the improvement. The Engineer noted that road reconstruction would consist of a 32 foot wide street with concrete curb and gutter and water main. There is some storm sewer existing in the area, and there would be additional storm sewer improvements that would be tied in. The Engineer outlined project costs as follows: Street Improvements $424,310 Storm Sewer Improvements 76,984 Water Main Improvements 120,402 Total Project Cost $621,696 The Engineer noted that City policy is to assess 80% of total project costs for street reconstruction and 100% of the cost of curb and gutter. City policy has been for the City to pay 100% of storm sewer costs. The Engineer noted that the City is proposing to pay the cost difference to place an 8" trunk main on Allen Avenue in lieu of a 6" lateral line. Under this policy the City's share of the improvement costs would be: Street Improvements $ 76,622 Storm Sewer Improvements 76,984 Water Main Improvements 9,910 Total City Portion $163,516 The Engineer noted that this would leave $458,180 to be assessed. The Engineer described his proposed formula for calculating assessments, which involved a per lineal foot assessment for street at $75.7735, and a per lot assessment for water main at $2,301.92. Under this formula a typical 100 foot lot would be assessed an estimated $9,879.27 for street reconstruction and water main improvement. The Engineer noted that the cost of street restoration is included in the street reconstruction costs rather than water main costs. Next the City Engineer presented an example assessment roll for the project based on the costs presented. The Page 2