10-12-93 Council Special Minutes

Home Browse Search

MINUTES CITY COUNCIL OCTOBER 12, 1993 below the $53.93 per lineal foot estimated at the improvement hearing. The Administrator agreed that the more favorable rate is a result of good bid prices and the City's new street assessment policy. In the street assessment policy, the City tried to equalize City improvement costs on a City-wide basis feeling that the cost of improving a street to the property owners should be relatively equal regardless of location. The Administrator reported that the City attempted to equalize the assessment rate by assessing for a standard street section of 8 inches Class V, 3 inches bituminous, 30 feet wide, with the property owner picking up 85% of that cost and the City 15%. Curb and gutter would be assessed at 100% of the cost. The Administrator reported that the LaBore Road improvement has a greater section than 8"/3 " and is wider than 30 feet, however, the property owners are being assessed for 85% of the cost of this standard section. The costs over and above that are paid by the City. However, LaBore Road is a State-Aid road, therefore, the City is using State-Aid funds to pick up a large portion of the City's costs of the project. The City Administrator pointed out that based on application of the actual assessable footage, the amount to be assessed is $81,139. However, the street assessment policy provides for a modified assessable lineal footage provision. That is, based upon the assumption that a typical street project will have a minimum of 75% of the lineal frontage of a street that is assessable. Under the modified assessable lineal footage provision, should there not be a minimum of 75% of assessable street frontage on a particular street, the assessment is spread out as if there were. This provision helps to equalize street assessments across the City. City funds would be used to pay the difference when the modified assessable footage provision is applied. For the LaBore Road project, this factor was utilized. The City Administrator reviewed the assessment roll for the LaBore Road improvement, and pointed out that the assessment for 525 LaBore Road had to be recalculated. The preliminary assessment roll assumed that 525 LaBore Road was a subdividable lot, with the lot oriented towards Vanderbie Street. After further review it was determined that subdividable lot would have to be oriented toward LaBore Road, since it would be Page 2