05-12-92 CCM - Laserfiche WebLink

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The following was decided: ( Engage Kathy Aho assuming the city orders all four projects and create a financial package consisting of: cost per resident per year, resident's options, amount sold in bonds, amount assessed, amount collected in connection charges. Request financial experts to get back to city staff (Marilyn and Tom). Put $41,322 in Street Improvement Funds. (Prew noted this amount is an optional assessment). Councilmen Hunt, Williams, Mottaz, and Johnson supported the ordinance requiring septic systems to be brought up to code. M/S/P Dick Johnson/Williams - to direct staff to meet with Financial Planner and determine the best method for financing the 1992 Improvement Area Funding Review with a report scheduled for first meeting in June. (Motion carried 5-0). Administrator Kueffner explained other cities hold their assessment hearings before they award the bid and asked if the Council would be interested in this procedure. The City would specify a date for opening the bids, open the bids, calculate the proper assessments, send out the public hearing notices. Roughly two weeks after the bids were open we would have a public hearing. People have 30 days from the public hearing to appeal the assessments. Approx. 45 days after the bids are open, the Council will know if there are problems with residents appealing their assessments. Tom Prew asked if the Council was in favor of using some part of the proposed surface water management utility to help pay off the $88,000. Councilman Williams, Mottaz, and Mayor Williams indicated they had no objection to using a portion. Councilman Hunt indicated at this point he was not opposed to this.