Ordinance No. 20151 - Laserfiche WebLink

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Hearing Memo ~-Barger Drive March 1,1999 Page 3 Costs are distributed per City Code 7.175, and as outlined in the Council adopted hearings official minutes, Endings and recommendations and resolution forming the LID. Under City of Eugene assessment policy, 29.4% percent of the total project improvement costs wi11 be distributed to the abutting property owners with the balance financed by the City. Below are the final unit assessable COStS. 20' Paving Wastewater Storm Drainage SidewalklDriveway Apron $45.75 /Front Foot $ 0.18 /Square Foot $ 0.36 /Square Foot $14.57 /Front Foot Total Assessable Cost Total City Cost __ Total Project Cost $1,054,420.65 $ 2,531,975.43 3,SS6,399.OS For comparison, the costs listed below were estimated at the formation of the LID. 20' Paving Wastewater Storm Drainage SidewalklDriveway Apron $ 49.63/Front Foot $ 0.20/Square Foot $ 0.39/Square Foot $ 17.72/Front Foot Total Assessable Cost Total City Cost Total Project Cost RECUMMENDATII~NS $ 937,400 $ 3,365,600 $ 4,303,000 The final improvement costs proposed to be assessed axe Lower than those quoted at the local improvement hearing and are comparable to or lower than proj ects of similar size. Staff recommends approval of the assessment as calculated and that the Council levy the final assessment. During the LID formation, it was mentioned that Lane County Commissioners had conceptually approved a deferral program for properties outside the City far the street assessment elements of the proposed assessments. Recently, the Commissioners chose to review the policy and as a result the program will not be available for these properties.