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Two properties abut the project on the north side of Royal Avenue, one is within the City limits <br />and one is in Lane County. The property (Bethel School District) within the City will be <br />assessed for improvements constructed under this contract. The School District constructed <br />their own sidewalks. The other north property (Jones) will only be assessed for sidewalks and <br />will not be assessed for the costs of improvements to Royal Avenue because it was assessed for <br />improvements on TeiTy Street. At the time of the Royal Avenue LID formation the Jones <br />property was exempted from the street improvement (paving) assessments for Royal. <br /> <br />Nine prope~ies abut the project on the south side of Royal Avenue and all are located in Lane <br />County. The Lane County Board of Commissioners on May 8, 2002 by Board Order 02-5-8-5 <br />authorized the City of Eugene to assess these properties. These lots are: <br /> <br />Lydum Tax Lot #1704291100100 <br />Heitz Tax Lot #1704291100200 <br />Roos Tax Lot #1704291100300 <br />Allen Tax Lot #1704291100500 <br />Nelson Tax LOt g1704291100600 <br />Joll~mmer Tax LOt #1704291100700 <br />Morgan Tax LOt #1704291100800 <br />Larsen Tax Lot # 1704291100900 <br /> <br />The non-assessable City share for this project will be funded primarily from Transportation <br />SDCs. System development charges are paid by new development to finance the non-assessable <br />share of the improvements. As a collector street Royal Avenue is wider than neighborhood <br />streets. The cost of improvements above the standard street width assessment for this type of <br />collector street improvement are non-assessable under the Eugene Code. In every street <br />improvement project there are other costs, such as the cost of intersections where there are no <br />abutting properties, that are non-assessable. In the Royal Avenue project, the non-assessable <br />costs include paving to rneet growth demands, and the non-assessable portions of the cost of <br />curbs and gutters, sidewalks, intersections, street lights, street trees and the storm drainage <br />system. <br /> <br />Parcels of land that are vacant or partially developed will pay an equivalent assessment at the <br />time of future development. City funds will cover the costs of the delayed assessments from the <br />time of levying assessments until an equivalent assessment is collected sometime in the future. <br /> <br />Assessment financing, a 10-year payment plan through the City, is available to all property <br />owners within the improvement district. Of the 10 properties in the LID, three property owners <br />qualify for the low-to moderate income subsidy program. This program only applies to owner- <br />occupied properties in the LID. The City will pay the subsidy share, two at rnoderate income <br />(1/3) and one at very low income (5/6). The total cost for the low income subsidies is $2,763.09. <br /> <br />PAVING, CURBS PGND GUTTERS, SIDEWALKS, AND STORM SEWERS ON ROYAL AVENUE <br />FINAL ASSESSMENT Page 2 <br /> <br /> <br />