Laserfiche WebLink
REGULAR COUNCIL 14EETING <br /> 14ARCH 23 , 1993 <br /> 3 PAGE 11 <br /> 4 <br /> 5 <br /> 6 Minutes from these neighborhood meetings were included in the <br /> 7 Council agenda packet . Estimated improvement cost summaties <br /> 8 drafted by Maier Stewart and Associates were also included in <br /> 9 the packet . The City Manager noted that estimates are <br /> 10 typically high . <br /> 11 <br /> 12 The City Manager advised that when bids are received the <br /> 13 Council will hold a public hearing to determine if there will <br /> 14 be a project . Councilmember Fleming inquired if a public <br /> i5 hearing could be held before the bia's are gotten . The City <br /> 16 Manager felt this would not be advisable as only estimated <br /> 17 costs would be available for discussion . He feels that <br /> is property owners prefer to have actual costs . <br /> 19 <br /> 20 The City Manager recommended that all of the projects be bid <br /> 21 as a package thereby affording the City the best possible <br /> 22 rates . The Council could then consider each street in the <br /> 23 package project by project . <br /> 24 <br /> 25 Discussion continued regarding the assessment policy and how <br /> actual assessments are determined . It was noted that the <br /> assessment formula addresses all unusual sized lots and <br /> 40 frontages . This includes double lots , curves and corner lots . <br /> 29 <br /> 30 An appraisal firm had been employed to draft opinions of the <br /> 31 market value contribution which may be realized from each of <br /> 32 these street improvements to adjoining properties . The <br /> 33 appraiser ' s letter stated his observations are preliminary and <br /> 34 not a formal appraisal . <br /> 35 <br /> 36 The City Attorney advised that if there are court cases <br /> 37 resulting from these assessments an appraisal would be <br /> 38 required . He noted that special benefit to a given property <br /> 39 must be equal to the amount of the assessment . <br /> 40 <br /> 41 The City Attorney stated that the City' s fifty-fifty split of <br /> 42 costs of assessments plan is supported by the appraiser and is <br /> 43 in keeping with the law. He noted that while there is no <br /> 44 formula for this in the law the courts want fairness to the <br /> 45 benefitted property owners to be a primary concern when <br /> 46 determining the amount of an assessment . He also stated that <br /> 47 if the formula produces an assessment which appears to be way <br /> 48 out of line for a particular property, the City Council can <br /> 49 adjust this when it adopts the assessment rolls . <br /> so <br />