Ordinance No. 20453 - Laserfiche WebLink

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One property is receiving less than the minimum. 50 -foot frontage assessment. The property at the corner of Elmira Road and Maple Street that has frontages on the collector portion of Elmira and the local street portion of Elmira. The portion of the property that receives the improvements that include the paving, curb, gutter and sidewalk will be assessed for the actual frontage of curb and gutter improvements. When the local section of Elmira is improved to urban standards the remaining frontage would be assessed. r In addition there are 24 properties without primary access to Elmira Road and two on Maple Street. Seven of'these have irrevocable petitions signed when the property was developed and are included in the assessments. The remaining properties have addresses on the side streets and some already are served by curb and gutter and were assessed when their local street frontage was improved to urban standards. The non - assessable City share for this project is funded from Transportation SDC and Stormwater SDC and wastewater Utility Funds. Assessment. financing, up to a 15 -year payment plan through the City, is available to all property owners within the improvement district as identified by Eugene Code, Chapter 7. In addition there are extension or deferral programs for qualifying property owners. Based on the low bid received, the costs listed below are the estimated assessment costs plus contingency calculated at the time, of the formation of the LID. Paving 10 -foot (per front foot) $ 104.00 Parking Bays on Maple Street (each property) $ 550.00 Sidewalk and drive aprons (per square foot) $ 4.30 Total Assessable Cost $ 1,201,560 Total City Cost: w/o Low Income Subsidy: $2,089,800 Total Project Cost $ 3,291,360 LOW INCOME SUBSIDY Of the 122 properties in the LID, owners of 48 properties qualify for a subsidy under the low -to- moderate income subsidy program. This City funded subsidy program is available to property owners who occupy a - single family dwelling or duplex and meet other program criteria. The income levels for the subsidy program are based on the current Lane County Median Family Income. The total cost for the low income subsidies is $225,722.84. RECOMMENDATION Assessment costs are calculated in accordance with Eugene Code. Staff recommends approval of the final assessments as calculated, and that the Council levy the final assessment. Engineers report for Proposed Final Assessment on Elmira Road and Maple street (.fob 4275) page 4