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Resolution 7603 Approving Schedules of Cost and Payment for Private Improvements in SUIP-Area B/C <br />April 12, 2010 <br />Page 2 <br />Costs for this year’s project include updated costs for the same driveway improvements as last <br />year, but only include sanitary sewer service replacement costs for private utility improvements. <br /> <br />The Schedule of Payment remains unchanged from last years project. Payment in full is <br />required for any private improvement costs less than $500; otherwise, property owners have the <br />option to assess the improvement costs. An assessment fee of $35 if required and the <br />assessment interest rate is 5.50%. <br /> <br />The PIP Agreement form used last year in Area A will be used again for Area B/C private <br />improvements. <br /> <br />Recommendation: <br />Staff recommends that the City Council consider adopting Resolution 7603 that will establish the <br />Schedule of Costs and Schedule of Payment for private improvements associated with driveway <br />curb cuts/aprons and sanitary sewer service replacements in the 2010 Street and Utility <br />Improvement Project – Area B/C. <br /> <br />Respectfully submitted, <br /> <br /> <br /> <br />Nick DeBar <br />Public Works Director <br /> <br />Attachments: <br />• Resolution 7603