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<br />The Hearings Officer finds that the project is one for which the assessments are for local <br />improvements as set forth in ORS 310.410 because <br /> <br />1. The assessments do not exceed actual costs; <br />2. The assessments are imposed for a capital construction project which provides a <br />specific benefit for a specific property or rectifies a problem caused by a specific <br />property <br />3. The assessments are imposed in a single assessment upon completion of the <br />project; and <br />4. The assessments allow the property owners to elect to pay the assessment with <br />interest over at least ten (10) years. <br /> <br />The Hearings Official also finds that the unit prices and the cost of the improvements are <br />comparable to other projects of similar size. Therefore, the Hearings Official recommends <br />acceptance of the low bid and approval of the formation of the local improvement district as <br />recommended by the City Engineer and without any change in the standard method of <br />assessments. <br /> <br />Respeczzed' <br />~.. <br /> <br />Milo Mecham <br />Hearings Official <br /> <br />Dated: July 25, 1997 <br /> <br />PAVING, CURBS, GUTTERS, SIDEWALKS AND STORM AND SANITARY SEWERS <br />ON HERMAN STREET - FORMATION OF A LOCAL IMPROVEMENT DISTRICT <br /> <br />Page 5 <br />