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appropriate amount for Woodhill and the developer in order to <br />allow the developer the opportunity to construct the road before <br />the winter. This has been accomplished and at present the -oad <br />has been graded with the initial surfacing being placed on it. <br />It is anticipated that the second surfacing will be placed on it <br />r.c-,.t spring. <br />DISCUSSION <br />Pro ect - The project has been revised based on soil <br />borings with the Engineer now recommending a revised <br />alternative II. Any increase in the project over the <br />original total should be borne by the City. It is <br />expected that the revised alternative II will be below <br />the original alternative I. <br />Process - The following represents the process to be <br />undertaken for this project. <br />1. Public Hearing <br />2. Consideration and orderi,: ,c the project. <br />3. Project bidding and award <br />4. Project construction <br />5. Project assessment in advance of October 1, 1988 <br />Financing - As noted above the City has an agreement for <br />up to 75% of the original cost from the Woodhill Country <br />Club and the developer. As noted in Attachment C it is <br />the recommendation that the City take 101 of the cost <br />plus any expense over the original maximum $61,680. <br />This leaves a balance of $9,252.00 to be assessed <br />against the abutting property owners based on an equal <br />share to each property. As such this would need <br />assessment shares as follows: <br />- a. Jane Delaney, 13i5 Woodhill Avenue - $3,084 <br />- b. Mark & Mary Fox, 1230 Woodhill Avenue - $3,384 <br />- C. Jane McClaren, 190 Orono Orchard Rd - $3,084 <br />A ten (10) year assessment could be implemented with an <br />approximate $310 per year principal assessment plis interest. <br />Alternatives - <br />1. The follcwing represent alternatives the Council <br />could take at this point. <br />3. Not do the project. <br />7). Order the project to be undertaken based on the <br />preliminary fending plan outlined above. <br />c. Order the project in based on an amended financing <br />plan and assessment date. <br />2. Direct staff to set an assessment date in advance of <br />the October 1, 1988 deddline fut certliicazion of <br />