07-25-1994 Council Packet - Laserfiche WebLink

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w ;* . ,#■ ■m ■1 ■41 M M- I# '■rm Mk 'h'^‘ Iv ■l4 i^ 1 p«p3«f3 Mtftl,t!m 4 t «• 4 — ' ’ » ( -4 1Aswnacflt Policy. The City does not cuncody have a compreheiisive asi poiky. The City’s genefal poUcy, until the Sthbbs Bay sewer project, had been to assess 100% of the costs of a piMk improvemcBt project to the beneOtied property owners. Due to the court decision which tied the aiseismeni amount to the increase in value frnrratnl by the pdMic improvcinent, the Council negotiated an assessment lower than 100% with the Stubbs Bay property owners. The City has never done a n^jor street recomtruction project. Streets have generally been tecoomcied m part of sewer proijects. As the CiQr’s residential, as well as MSA requite leoonitroction the Chy will need to de^wlop a roadway reconsttuctioo a and program as well m a plan for financing the program. Ihis plan will need to inchide the use of special asi — '*11 -^1 * MSA roadways are diflbtent ftom residential roadways in two impoitaot ways. First, their "tmin purpose is lo serve as ooUecior roadwqrs. The nuyority of traffic on MSA roads comes from other roadways rather than thoae who live along the roadway. Second, MSA roadways have a dedicated fonding source which covets approxiniBiely 93% of the reconstruction costs. Because of these differences the City may choose lo treat MSA road projects differently than other public improvemem projects in terms of special f 44 ■m’ H'i ■nmi•'ij PS 'fe' The Ciqr Engineer has indirated that about one>half of cities eidier residential property for MSA roadways or thqr asseu only the arnoum not covered by MSA fends. On the other hand one-half of cities assess residential properties along MSA roads based on the average cost of a residential roadway. Under this method the amount assessed would be substantially more than die amount not covered by MSA fiinds. The reasoning is that the property owners have some responsibility to participaie in the cost of the street, and the revenue collected enables the ciqr to stretch its MSA fends which fell short of funding die ciqr’s reconsttuetkm needs. Because the total amount of costs not covered by MSA Ainds is a very small portiw of the project, the Council could approve die project and award the bid pdkir to determining the fending source for die costs not covenul MSA fiinds. If the Council decides to assess a portion of the costs, an assessment heuing would be required. The City could assess the cost by several different methods: a. <Mily dioae properties whose driveways enter onto Brown Road North. b. IiKhide aU properties abutting North Brown Road. c. Include those properties fronting on private roadways but whose access firnn these roadways is onto Brown Road North.