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MINUTES <br />CITY COUNCIL <br />OCTOBER 26, 2011 <br />adoption of the assessment (through November 28, 201 1) with no interest. After <br />that 30 -day period, the unpaid assessment balance will be certified to Ramsey <br />County and spread for collection with property taxes for a 10 year period at <br />5.25% interest. The Engineer noted that once an assessment balance is certified <br />to the County, the property owner can pay it in full during the 10 -year period. <br />However, that payment should be paid by November 15th of any given year in <br />order to avoid the next year's interest being added to the pay -off amount. The <br />Engineer also pointed out those property owners on a fixed income can utilize an <br />assessment deferral if they meet certain criteria. He noted, however, that interest <br />continues to accrue on deferred assessments. <br />'l'he City Engineer reviewed the proposed Final Assessment Roll as well as an <br />assessment amortization schedule showing the payments and interest should an <br />assessment be certified to Ramsey County for collection with property taxes. <br />One gentleman indicated that he was present representing his sister and asked if <br />this hearing was for additional improvements. The City Engineer explained the <br />improvement and assessment process, and noted that the proposed assessment <br />being considered this evening is for the work that was completed on Payne <br />Avenue this summer. <br />A property owner at 2979 Payne Avenue asked if during the course of the project, <br />the City discovered anything relative to water issues in the area. The City <br />Engineer reported that when the bituminous was milled out, the subgrade of the <br />street was found to be in good shape. Only a few spots required correction. He <br />indicated that drainage structures on the north and south ends of the street were <br />replaced. The Engineer stated that this should eliminate some of the street <br />flooding that occurs on Payne Avenue. He also reported that the bolts in the <br />watermain were found to have corroded, and these were replaced with stainless <br />steel bolts. <br />This property owner reported that during the heavy rainfall that occurred in July <br />there was a great deal of flooding as the storm sewer system as not fully <br />functional. A property along Edgerton Street lost its basement. The City <br />Engineer noted that no storm sewer system could handle the run -off that occurred <br />from the storm event that took place. He pointed out that backyard drainage <br />swales were still functioning. The project contractor got out as quickly as <br />possible to fully open the storm sewers. He noted that during any street project, <br />storm sewers must be protected from erosion. The storm sewer was still <br />functioning, just not at full capacity. <br />It was noted that there is no one present from the general public wishing to <br />comment on this matter. It was also noted that the City has received no written <br />objections to the assessment. <br />4 <br />