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City Council Regular Meeting Minutes January 9, 2007 Page 5 Mayor Faust applauded the work done in the community by the Housing Resource Center. Ile pointed out that when you realize there are 2,500 homes in the City, this equates to one out of every eight homes benefiting from the programs. Mayor Faust stated the City appreciates being part of this. Motion by Councilmember Gray, seconded by Councilmember Thuesen, to Approve Resolution 07-013, a Resolution Approving the Contract with Greater Metropolitan Housing Corporation for 2007. 10 Motion carried unanimously. 11 12 VI. GENERAL POLICY BUSINESS OF THE COUNCIL. 13 A. Todd Hubmer WSB & Associates, will be present for the following resolutions relating 14 to the 2007 Street Improvement Assessments. 15 1. Resolution 07-014; Calling a hearing on 2007 Street and Utility Improvements. 16 2. Resolution 07-015; Declare the costs to be assessed and ordering preparation of 17 proposed assessments. 18 3. Resolution 07-016; Calling a hearing on proposed assessment for 2007 Street and 19 Utility Improvements. 20 4, Ordinance 07-001; Amending Sections 4 and 6 relating to the new Automatic Water 21 Meters. (First Reading) 22 23 Mr. Hubmer stated the first resolution relates to the 2007 Street and Utility Improvements 24 Project. Ile pointed out the project consists of street reconstruction, replacement, or new 25 construction of sanitary sewer, water main and storm sewer lines, sidewalk improvements, street 26 lighting, and lift station modifications as outlined in the resolution. 27 28 Mr. IIubmer reported the total project cost is $4,450,000, which would be funded from 29 assessments of 35% on the road and storm sewer, and water connection fees. He reported funds 30 would also come from a 429 Public Improvement Bond, Tax Increment Funds, water, sewer and 31 storm water funds, revolving improvement funds, and developer fees. 32 33 Mr. Hubmer outlined the proposed project schedule that began with a neighborhood meeting on 34 November 2006. He went on to review the schedule indicated plans and specs were approved on 35 November 28, 2006 and bids received and compute assessments completed on January 4, 2007. 36 Mr. Ilubmer stated a public information meeting would be held on January 31, 2007 and a public 37 hearing held on February 13, 2007, with the award of bid projected for some time in February 38 2007, and the award of sale of bonds in March 2007. Mr. Hubmer estimates construction would 39 begin in May 2007, with final construction in November 2007 and final paving in June 2008. 40 41 Mr. Hubmer stated Resolution 07-014 is a resolution calling for a hearing on the 2007 street and 42 utility improvements. 43 44 Councilmember S6Ile asked Mr. Hubmer to elaborate on the 39`x' Street and Silver Lake Village 45 Project improvements. 46