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Previous estimate <br />Prior to construction, property owners were given an estimate of the assessable costs <br />from the low bid: <br />Assessable Cost Prairie Road: <br />Assessable Area Prairie Road: <br />$ 698,868.58 <br />$1,202,489.OOISquare Feet <br />Lateral Cost: <br />Service Cost: <br />PUBLIC HEARING <br />$ 0.491per square foot of assessable area <br />$~ 3,558.OOleach <br />The property owners within the Local Improvement District were informed more than ten <br />days in advance of the date of a scheduled public hearing on the final assessment. No <br />person indicated an interest in attending the hearing and no written testimony was <br />submitted, therefore no hearing was held. The City Engineer submitted a report to the <br />Hearings officer Exhibit A}. <br />FINDINGS AND RECONIlVIENDATION <br />Nature of the Assessment <br />The Hearings Officer finds that the project is one for which the assessments are for local <br />improvements as set forth in SRS 310.4I0 because <br />1. The assessments do not exceed actual costs; <br />2. The assessments are imposed far a capital construction project which <br />.provides a specific benefit for a specific property or rectifies a problem <br />caused by a specific property <br />3. The assessments are imposed in a single assessment upon completion of <br />the project; and <br />4. The assessments allow the property owners to elect to pay the assessment <br />with interest over at least ten ~ 10} years. <br />SANITARY SEWER EXTENSION IN PRAIRIE ROAD FRDM BELTLINE ROAD TO KAISER <br />AVENUE FLNAL ASSESSMENT Page 3 <br />