10-12-1993 Council Agenda - Laserfiche WebLink

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515 Little Canada Road, Little Canada, MN 55117 -1600 (612) 484 -2177 / FAX: (612) 484 -4538 MEMORANDUM TO: Mayor Hanson & Members of the City Council FROM: Joel Hanson, City Administrator DATE: October 8, 1993 RE: Costa Lane Assessments MAYOR Raymond G. Hanson COUNCIL Beverly Scalze Jim LaValle Steve Morelan Bob Pedersen ADMINISTRATOR Joel R. Hanson Attached is the assessment roll for the Costa Lane project. Once again, the proposed assessment of $9,135 per lot is under the estimated amount of $10,408 per lot due to the excellent bid prices we received. It should also be noted that there are no City costs associated with this project as it is being 100% assessed to the benefitting properties. The Costa Estates developer is picking up 21 assessments associated with this project. David Wright is picking up the assessments associated with 2 lots. Waivers of Right to Appeal Special Assessments have been executed relative to this project. The only concern with this roll relates to the inclusion of the DeSoto Street cost overrun in this assessment amount. After reviewing the completion of the Desoto Street project, we had under assessed the project based on actual construction costs. Those costs attributable to the Costa development were $11,890. That cost is included in the proposed assessment roll. If that amount were deleted, the proposed assessment would drop by $516.96 per lot. It is my feeling that this amount should be included because costs were incurred relative to the overall development concept. The developer may not agree with my opinion. Therefore, the Council may have to make the final determination. I will be meeting with the developer to discuss this situation with him so he is clear as to my intentions. Should you have any questions regarding this matter, please let me know. JRH:kpv Page 55