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City Council meeting of September 6, 2005 <br />Page 4 <br />ASSESSMENT ROLL FOR 132ND STREET PAVING PROJECT <br />In the fall of 2003, a petition was received by the City for the bituminous surfacing of 132nd Street, <br />between Goodview Avenue and Henna Avenue. A public improvement hearing was held on June 21, <br />2004, after which Council ordered the preparation of plans and specifications. On September 7, 2004, <br />Council awarded the bid for the 132"d Street improvement project to North Valley Inc. The May 17, <br />2004 feasibility study included a project estimate of $345,000, of which $320,000 would be assessed <br />across 39 developable units. Due to an excellent bidding climate and project management, staff <br />announced that the total project cost is $208,799.38, of which $183,799.38 will be assessed. Finance <br />Director Ron Otkin prepared resolutions ordering the preparation of the proposed assessment roll and <br />calling for a public hearing. City staff recommended that the public hearing be held on October 3, 2005. <br />City Engineer Jay Kennedy presented additional information for consideration by Council, as well as <br />suggesting that Council give further consideration to the City's assessment policy for corner lots. <br />Miron made motion, Haas seconded, directing staff to place discussion of the assessment policy on a <br />future Council agenda. <br />All aye. Motion Carried. <br />Granger made motion, Puleo seconded, to adopt RESOLUTION 2005-50 DECLARING COST TO BE <br />ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT. <br />VOTING AYE: Granger, Haas, Petryk, Puleo, Miron <br />Motion Carried. <br />Puleo made motion, Granger seconded, to adopt RESOLUTION 2005-51 CALLING FOR PUBLIC <br />HEARING ON 132ND STREET ASSESSMENT. <br />VOTING AYE: Granger, Haas, Petryk, Puleo, Miron <br />Motion Carried. <br />PROPOSED PURCHASE AGREEMENTS FOR ANTIQUE STORE/CARPENTERS <br />On August 23, 2005, Mayor Fran Miron, Council member Mike Granger, and City staff met again with <br />Mike and Catherine Anderson, owners of Carpenters and the old antique store. After several meetings, <br />discussions evolved towards a proposed purchase of the restaurant, as well as the old antique store, <br />which had been directed by Council. Staff announced that negotiations have been successful and that <br />Andersons have agreed to sell to the City, both Carpenters and the antique store, in the amount of <br />$687,000. This includes a price of $347,000 for the antique store and $340,000 for the Carpenters <br />restaurant, which is consistent with evaluations of City Assessor Frank Langer. There would be a two- <br />year lease back to the Andersons at no cost, and they would continue to operate the restaurant on a <br />month-to-month basis, in order to allow the flexibility of the City to continue negotiations with the <br />developers on the Egg Lake development project. Council member Granger requested staff bring the <br />lease back agreement to Council for approval. <br />Granger made motion, Haas seconded, to accept the draft Purchase Agreement between the City of Hugo <br />