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COUNCIL MINUTES OCTOBER 13, 1997 <br />There being no questions from Council, Mayor Landers opened the public hearing on this matter <br />at 7:43 P.M. <br />Hearing no public response, Council Member Kuether moved to close the public hearing at 7:44 <br />P.M. Council Member Bergeson seconded the motion. Motion carried unanimously. <br />Consideration of Resolution No. 97 - 127 Adopting Assessment <br />Council Member Bergeson moved to adopt Resolution No. 97 - 127, as presented. Council <br />Member Kuether seconded the motion. Motion carried unanimously. <br />Resolution No. 97 - 127 can be found at the end of these minutes. <br />I- 35W/Lake Drive Interchange Commercial Development Area, Tim Murphy - Mr. Murphy <br />explained that the trunk improvements associated with this project are a continuation of some of <br />the Centennial Middle School project along Lake Drive between the shores of Marshan <br />subdivision and I -35W. The service areas were presented in the feasibility report. Mr. Murphy <br />indicated that the first phase of these improvements is aimed at servicing the proposed medical <br />facility to be located in the Village Center project. The project assessment summary is as <br />follows: <br />Bond Fund <br />Lateral Sanitary Sewer <br />Lateral Watermain <br />$ 69,300.00 <br />48,300.00 <br />Total Lateral Assessment $ 117,600.00 <br />Area and Connection Fund <br />Trunk Sewer Area Charge <br />Trunk Sewer Unit Charge <br />Trunk Water Area Charge <br />Trunk Water Unit Charge <br />Total Area and Connection <br />Surface Water Management Fund <br />Total Project Assessment <br />Total Project Cost <br />$ 167,900.61 <br />0.00 <br />178,992.38 <br />0.00 <br />346,892.99 <br />0.00 <br />$ 464,492.99 <br />$ 385,000.00 <br />Mr. Murphy pointed out that this project was not petitioned by a developer, and is a City <br />improvement. Some construction costs will be assessed against benefiting properties; however, <br />costs for oversizing watermains, jacking, and lowering sewers are City costs. <br />The assessment roll contains 10 properties, with area charges computed according to the total <br />number of acres within each property and the lateral charges calculated according to front <br />footage for those parcels fronting the project. <br />Council Member Bergeson asked what portion of the Tagg property is exempted by virtue of <br />their homestead exemption. The Taggs have petitioned against the assessment, and Council <br />11 <br />