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<br />Councilwoman Beal wondered if it was necessary to adopt the assessment ordinance at <br />this time. She felt it should be delayed until some of the problems of people on fixed <br />incomes were answered. Manager saw no immediate need for adopting the ordinance, but <br />it would probably only be delayed for a' couple of weeks ;and that amount of time would - <br />not be enough to develop a policy on liberalization of hardship deferral. He noted that <br />if the assessment was levied the first payment under Bancrofting would not be due for <br />six months which would give time to work something out. It would not be desirable, he <br />said, to delay assessments that long because'of the need to accumulate amounts suffi- <br />cient for a bond sale. Mr. Allen indica1:,~~iEr problems in his department with ,delay- <br />ing the assessment other than that these"'We!e -long outstanding, the project had been <br />finished last summer and assessments were overdue. Interest was being paid on short <br />term borrowing until bonds were sold. Sherm Flogstad, finance director, said prepara- <br />tion of a bond sale would start in about 30 days, actually sold in about 90 days. <br />Councilman Murray was in favor of proceeding with assessments then altering the hard- <br />ship deferral program so that assessments for this project would qualify. He could see <br />no advantage to a two-week delay. t <br />Mr. Wilson said he 'would like to see the assessments delayed so that the amount of (1311) <br />monthly payments would be known before the lien was filed against his property. He <br />said he could take care of the payments on the amount assessed if it had been spread <br />over a 20-year period. Manager recognized that Mr. Wilson had been encouraged in think- <br />ing the assessment could be p&id under a 20-yearBancrofting program. However, after a <br />careful look at bond markets, statutory interest rates, etc. , staff felt that another way <br />to solve the problem should be sought. He told Mr. Wilson that the hard$hip deferral .~ <br />proposal aimed at would be equivalent to the kind of relief that would have been avail- <br />able under 20-year Bancrofting. <br />Councilwoman Campbell expressed surprise that the hardship deferral program was not ex- <br />plained to these people. Mr. Wilson said that it was explained. The problem was that <br />their income was a little more than allowed them to qualify under that program, he said, <br />and they would have to get the Council to make an exception. <br />B. H. Montgomery, 1120 Echo Hollow Road, asked if the Council had received information (1365) <br />supplied at the Panel hearing. He asked for special consideratioR because of the situa- <br />tion of his property as explained in the Panel hearing. Manager replied that the <br />hearing minutes were included in committee minutes before the Council. <br /> Rollcall vote was taken on the motion to approve and pass the council bill. <br /> All council members present voting aye, the bill was declared passed and <br /> numbered 17199. <br /> Council Bill No. 672 - Levying,assessments for paving, sanitary and storm sewers, and <br /> bridge on Oak Patch Road from 11th Avenue to 18th Avenue; <br /> sanitary sewer within area between 160 feet west and 160 feet east of Oak Patch Road <br /> from 11th Avenue to 18th Avenue; paving and storm sewer on ISth Avenue from Oak Patch e <br /> Road to 370 feet west (73-31 and 73-33), read the first time on October 29, 1974 and <br /> referred to Assessment Panel for hearing on November 4, 1974, was brought back for <br /> consideration of Panel recommendations and read the second time by council bill number <br /> and title only, there being no councilman present requesting that it be read in full. <br />Mrs. Campbell moved seconded by Mr. Murray that the bill be approved and given final passage. <br />Rollcall vote. All councilmen present voting aye, the bill was declared passed and numbered <br />17200.- <br /> Council Bill No. 674 - Calling hearing December 23, 1974 re: Vacation of 10-foot <br /> overhead utility easement on McLean Boulevard near Douglas <br /> Drive and Lindsay Loop was read the first time by council bill number and title only, <br /> there being no council member present requesting that ~t be read in full. <br />Mrs. Campbell moved seconded by Mr. Murray that the bill be read the second time by council <br />bill number only, with unanimous consent of the Cotlncil, and that enactment be considered at <br />this time. Motion carried unanimously and the bill was read the second time by council bill <br />number only. <br />Mrs. Campbell moved seconded by Mr. Murray that the bill be approved and given final passage. <br />Rollcall vote. All council members present voting aye, the bill was declared passed and e <br />numbered 17201. <br /> Council Bill No. 675 - Levying assessments for sanitary sewer between 160 feet west of <br />Sunshine Acres Road and 110 feet east of VanDuyn Street and from 120 feet south of Bendix <br />Avenue to 160 feet north of Mahlon Avenue (74-05) was read the first time by council bill <br />number and title only, there being no council member present requesting that it b e read in <br />full. <br /> J <br /> 395 11/12/74 - 20 <br />