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Neither the City or Mr. Salehi received any status update to the objection. Mr. Salehi followed <br />up on his objection in April of 2016 and found that no action had been taken. A hearing was <br />scheduled for May 10, 2016. The hearing was delayed while the City Council and Mr. Salehi <br />discussed resolution to the dispute. <br />Following discussions with Mr. Salehi at the June 6, 2016 work session an agreement was <br />reached to abate the interest and penalties and split equally the original $6,300 charge. The <br />$3,150 would be levied as special assessment payable over 5 years. An abatement agreement <br />providing for the special assessment has been executed by Mr. Salehi for consideration by the <br />City Council. The proposed interest rate is 4% based on the City's Public Improvement <br />Financing Policy. <br />RECOMMENDATION <br />Staff is recommending approval of Resolution No. 16-60, Authorizing Application for <br />Abatement/Addition of Special Assessment. <br />ATTACHMENTS <br />1. Resolution No. 16-60 <br />2. Abatement Agreement and Release document <br />