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MINUTES <br />CITY COUNCIL <br />MARCH 24, 2014 <br />property owners have expressed an interest in four lights, the fourth being <br />installed at the intersection of Little Canada Road and Schletty. The cost <br />of an additional light is estimated at $2,800. <br />With regard to the proposed assessments, the Engineer noted that the <br />proposal would be to assess $5,128.21 per lot for street without an <br />assessment for replacement of the curb and gutter. Watermain is <br />estimated to be assessed at $6,107.96 per lot and would be based on the <br />premise that all properties are not currently served with water. The City <br />would pay the cost associated with the properties that are currently served <br />by City Water based 011 the fact that those connected to watermain on <br />Little Canada Road probably paid a portion of water main costs when <br />those properties were in initially hooked up. The cost of decorative street <br />lighting would be assessed at 100% of the cost to the 18 properties, and <br />the assessment amount would be dependent on the number of street lights <br />that are installed. <br />The City Engineer then reviewed assessment payment methods which <br />provide for payment (either in full or part) with no interest within the first <br />30 days after the assessment is adopted, or allowing the assessment to be <br />certified against property taxes for collection over a 10 year period at an <br />interest rate of 4.75 %. The Engineer noted that after certification <br />assessments can be paid off early to the County at any time. He <br />suggested, however, that payments should be made prior to November 151h <br />in the given year or the County will add the next year's interest to the <br />balance. <br />The Engineer then reviewed the proposed assessment roll. <br />One property owner asked if a property sells if existing wells could be <br />maintained, or the new property owners would be required to connect to <br />City water. The City Administrator replied that the City does not require <br />property owners to connect to City water if it is available. He was not sure <br />if mortgage lenders would have such a requirement. <br />Montour asked if the City lots along Schletty Drive were buildable. The <br />City Engineer replied that they were not. <br />One property owner asked the cost of connecting to City water. The <br />Engineer reported that were would be the cost of having a water line run <br />from the property line into the house. The Engineer noted once a property <br />connects to City water, a well could be maintained for watering yards or <br />for sprinkler systems, but would have to be separate from potable use. <br />2 <br />