Resolution No. 4488 - Laserfiche WebLink

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All properties within the district will be eligible for ten-year financing through the City. The City has obtained low-interest funds through the Department of Environmental Quality State Revolving Fund for sewer projects. This low-interest money will be used to lower the long- term financing interest rates and for a portion of the short-term financing required for the project construction. Low-income deferral programs are also available for those property owners who qualify. Qualification will be determined at the time of final assessment. REMONSTRANCES As outlined in the March 5 legal notice and in the April 15 property owner letters, written remonstrances were to be submitted by May 10, 1996. As of May 14, 1996, remonstrances were received from two (2) property owners in the proposed local improvement district. The property owners remonstrating in Basins X Sand U represent an assessable cost of approximately $ 16,858.69 (excluding system development charges), or less than 1 percent of the estimated total assessable cost. These remonstrances do not affect the Council's authority to act in adopting the requested resolution for formation of the LID. STAFF RECOMMENDATION Engineering staff have reviewed the low bid proposals and find them to be in order. The total of the three low bids submitted for the 1996 project is less than the total of the Engineer's rebid estimate, and costs are less than or comparable to costs for projects of similar size elsewhere in Oregon. The unit prices for the construction are very reasonable. The formation of the LID will allow the City to comply with the EPA grant connection schedule; will begin to resolve the groundwater contamination problem which is the mandat- ed goal established by EPAlDEQ; and will allow new or redevelopment to occur. Under the City charter a simple majority vote of the Council forming the LID is all that is required for action. Remonstrances do not require any special action. Staff recommends the following: 1. Not to include within the LID vacant properties outside the City as defined in the resolution. 2. Not to include within the LID areas of properties that are dedicated road rights-of-way, or drainage ways meeting the specific criteria listed in this report. 3. Road repair costs shall be assessed unless alternative funding is made available by Lane County. City Engineer's Report - LID Formation May 8, 1996 - SC Sewer Basins X, S, & U 8