PL PACKET 06151993 - Laserfiche WebLink

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1 REGULAR COUNCIL MEETING • 2 MAY 25 , 1993 3 PAGE 8 4 5 6 Councilmember Enrooth observed that it has been forty + years 7 since the streets have been put in and they need work . He 8 feels that the Council cannot abdicate its responsibility to 9 make an informed decision on these improvements . He also felt 10 there was an advantage being first for improvements as this 11 type of project will only become more expensive as time goes 12 on . 13 14 Mayor Ranallo noted it is important that the property owners 15 who have voiced their concerns and complaints to him regarding 16 the condition of the City ' s streets be responded to in a 17 proper fashion . 18 19 Motion carried unanimously 20 21 22 B. Assessments for 1993 Street and Utility Improvements 23 (Resolution No . 93-034 ) 24 25 Motion by Wagner , second by Marks to open the Public Hearing 26 at 8 : 33 p .m. • 27 28 Motion carried unanimously 29 30 The City Manager reviewed the assessment period for each 31 project and the annual interest rate . 32 33 Councilmember Fleming advised she would like to make the 34 property owners ' share 'of the assessment for the 35 reconstruction project more equitable and suggested that it be 36 changed from a thirty-five percent share to something lower . 37 38 The City Manager advised that the City ' s financial advisor, 39 Springsted, Inc . , recommended the percentage for property 40 owners go no lower than thirty-five percent . He reviewed the 41 reasons given by Bob Thistle of Springsted, Inc . There would 42 be considerable risk involved if this decrease were 43 implemented. 44 45 Dorothea Higgins , 3409 31st Avenue, felt the front footage 46 noted on her statement was incorrect . She inquired if she 47 would be charged what is stated on her invoice or would it 48 increase if it is determined that her property has more front 49 footage . She was advised her charge is what will be stated on 50 her invoice.