Laserfiche WebLink
(4) Objective: Review financing policies around infrastructure <br />implementation <br />a. <br />Key Action Steps: <br />i. Review policy with City Council; If determined no change <br />needed, done <br />ii. If determined that change is needed, formulate /adopt new <br />infrastructure financing (special assessment) policy <br />iii. Acquire /review policies from other cities <br />iv. Review policy samples and formulate draft policy <br />v. Present /review draft policy with City Council <br />vi. Hold public hearing /approve policy <br />b. Lead party: <br />Key Contributors: <br />c. <br />Funding Sources: <br />Finance Staff <br />City Council <br />Community Development <br />SEH, Inc. <br />Springsted Inc. <br />Public Services <br />General Fund /Area & Unity Fund <br />STATUS: Ongoing. Review of assessment policy is under way relative to 2009 Street <br />Reconstruction projects, <br />(5) <br />Objective: Complete a Utility Rate Study <br />a. <br />Key Action Steps: <br />Complete Water Emergency and Conservation Plan — <br />establish rate structure <br />ii. Obtain Utility Rate Study proposal (Done) <br />iii. City Council authorizes rate study (June 25) <br />iv. Complete study and present to City Council <br />v. City Council accepts study <br />vi. Hold public hearing /adopt rates <br />vii. Implement <br />b. Lead party: <br />Key Contributors: <br />c. <br />Funding Sources: <br />new rates — January, 2008 <br />Finance Staff <br />City Council <br />SEH, Inc. <br />Springsted Inc. <br />Public Services <br />Water /Sewer Funds - equally <br />STATUS: Draft of Rate Study completed by Springsted for review by City Council on <br />October 1. <br />B. Calendar Year 2008 <br />9 <br />