03-22-94 Council Special Minutes

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MINUTES CITY COUNCIL MARCH 22, 1994 typical residential street section, and the City paying any costs for street oversizing, heavier section, etc. The Administrator reported that last year the Vanderbie/Allen project was assessed at $42.36 per front foot while LaBore was assessed at $43.22. The Administrator reported that the $47.42 per foot cost estimated includes some contingency factors. The Engineer is using estimated costs, and the City would hope that actual bids come in below estimate. The Administrator reported that last night at an assessment policy workshop, the Council discussed setting a cap on the maximum assessment rate, however, more research is needed to determine a rate that would be equitable City-wide. The Administrator also pointed out that an improvement on Lake Street is not a good stand-alone project, and should be combined with a larger project in order to achieve some economy of scale. The Administrator pointed out that later this evening the Council will be considering a project on Lakeshore/Old County Road C/Jackson Street. There may be a savings achieved in combining Lake Street with this project. LaValle pointed out that the Lake Street project will result in a new 28 foot wide road with concrete curb and gutter and new storm sewer at $47.42 per foot to the property owners. The City Administrator pointed out that the City's share of project costs are estimated at $51,963.99 or 47.660. Florence Dousi, 155 East Lake Street, questioned why her estimated assessment is $5,547.57. Dousi reported that in 1973 she was assessed $1,800 for Lake Street. Dousi did not believe it fair that she should be assessed more`than anyone else on the street pointing out that she does not use the street more. Dennis Beltmann, 135 Lake Street, asked if any study had been done to show what kind of value the cost of the road improvement would add to the individual properties. 15