Laserfiche WebLink
The non-assessable City share for this project will be funded fi.om Transportation Utility Fund in the estimated <br />amount of $3,670, and includes repair of several existing alley driveways and street pavement preservation <br />work. <br /> <br />Assessment financing, a 10-year payment plan through the City, is available to all property owners within the <br />improvement district as identified by City Code, Chapter 7. <br /> <br />LOW INCOME SUBSIDY <br /> <br />Four potential residential property owners were notified of the Low-to-Moderate Income Street Improvement <br />Subsidy program. The subsidy program is available to property owners who occupy a single family dwelling or <br />duplex and meet other program criteria. Owners were sent fact sheets which describe the household size and <br />income levels for the subsidy program which is based on the current Lane County Median Family Income. <br />Property owners were given until May 3, 2005, to return their application forms to determine eligibility. <br /> <br />RECOMMENDATION <br /> <br />This project is consistent with the recommendation of the WUN Task Force Final Report and is a critical <br />element in creating a safe community for all modes of transportation. The unit prices submitted with the low <br />bids are competitive and based on staff review appropriate for this scale of project. Staffrecommends approval <br />of formation of the LID. <br /> <br /> <br />