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• • • AGENDA ITEM 7Bi STAFF ORIGINATOR: James E. Studenski, City Engineer COUNCIL MEETING DATE: October 27, 2003 TOPIC: Resolution No. 03-174, Adopting Proposed Assessment Roll, 21' Avenue Street & Storm Sewer Improvement Project VOTE REQUIRED: 3/5 Vote Required BACKGROUND: On October 13, 2003, the City Council held the Public Hearing for the proposed assessments for the 21st Avenue Street & Storm Sewer Improvement project. The Public Hearing was closed on October 13, 2003 Summaries of the project costs and revised assessments are attached. Project costs projected in the feasibility report were $494,782.00. We were able to use existing ponding areas within the City of Centerville, which reduced costs for the project. The total amount to be assessed for the project is $360,000.00. The cost split between the two cities is $120,000.00 for the City of Centerville and $240,000.00 for the City of Lino Lakes. This project includes the reconstruction of existing portions of 21st Avenue and Northern Lights Boulevard. The benefiting properties are proposed to be assessed for 100% of the storm sewer costs and 60% of the street costs as defined in the Public Improvement Financing Policy. The total cost to be assessed is $135,074.02. This results in a proposed cost of $104,925.98 for the City of Lino Lakes. OPTIONS: 1. Adopt Resolution 03-174, Adopting Proposed Assessment Roll for the 21St Avenue Street & Storm Sewer Improvement Project. 2. Not Adopt Resolution No. 03-174. 3. Return to staff for further review. RECOMMENDATION: Option No. 1 - Staff recommends that Resolution No. 03-174 be adopted.