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Wastewater (per square foot) $ .35 <br /> Wastewater service (per each) $3,000.00 <br /> <br /> Total Estimated Assessable Cost $ 427,851 <br /> Total Estimated City Cost $1,258,433 <br /> <br /> Total Estimated Project Cost $1,686,284 <br /> <br />The non-assessable City share for this project will be funded primarily from transportation SDCs and <br />stormwater SDCs. The nonassessable costs the City will pay for include additional width of paving, <br />intersections, medians, bike lanes, street lights, street trees, and non-assessable storm drainage system <br />costs. <br /> <br />Assessments are anticipated to be levied following the completion of construction. Following the levy <br />of assessments, a 1 O-year payment plan through the City is available to all property owners within the <br />improvement district as identified by Eugene Code, Chapter 7. <br /> <br />All necessary steps have been completed as prescribed by the Eugene Code for the initiation and <br />formation of an LID. Delay in the formation of the LID will delay completion of the improvement <br />project. <br /> <br />RELATED CITY POLICIES <br />There are no new policy issues associated with this item. <br /> <br />COUNCIL OPTIONS <br />Per Section 7.166(3) of the Eugene Code, the City Council can take the following actions: <br /> 1. Adopt the resolution forming the LID; <br />2. Substantially modify the improvements, rebidding if necessary, and then conduct a hearing on the <br /> modified improvements; <br />3. Delay the approval not more than 15 days, or <br />4. Abandon the improvements. <br /> <br />CITY MANAGER'S RECOMMENDATION <br />The City Manager recommends approval of the Minutes, Findings, and Recommendations of the <br />Hearings Official and adoption of the resolution forming the LID as described. <br /> <br />SUGGESTED MOTION <br />Move to approve the Hearings Official's Minutes, Findings and Recommendations of July 11, 2005. <br /> <br />Move to adopt Resolution 4848 forming a Local Improvement District for paving, constructing curbs, <br />gutters, sidewalks, landscape medians, street lights, street trees, wastewater and storm water drainage on <br />3rd and 4th avenues between Pearl Street and Lincoln Street, north of the southern Pacific Railroad and <br />south of Skinner Butte Park. (Job #3827) <br /> <br /> L:\CMO\2005 Council Agendas\M050718\S0507182D.doc <br /> <br /> <br />