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advance of the project being undertaken, spread the <br />special assessment based on bid information.) <br />Issue S. Preliminary Financing Plan - Primary means for <br />financing are as follows: <br />A. Storm Sewer Assessment - The Council undertake the <br />project and choose -this alternative. The cost per <br />square footage on a flat basis would be or if some <br />consideration were given by a greater charge for the <br />propeâ–ºties directly there may be a split between and <br />Attachment F Shows approximate assessment dollars <br />by property and who the property owner is. <br />B. Storm Sewer District - The City could establish a <br />storm sewer district for this area and on an ad valorem <br />basis and levy taxes over a specific period to pay off <br />this project. The advantage of this approach is that <br />the benefit principle does not have to be demonstrated. <br />ALTERNATIVES - <br />Issue 1. Public Hearing <br />a. Conculde the public hearing <br />b. Hold the public hearing open for further testimony at <br />further Council meeting. <br />Issue 2. Response to Petition <br />1. Choose not to undertake the project <br />2. Determine a public solution is appropriate to this <br />problem. <br />3. Table for future meeting <br />Issue 3. Means to Undertake <br />1. Take a combination of the following: <br />A. 21 inch pipe down the access <br />B. 21 inch along line of current drainage tile <br />2. Other Alternatives <br />A. The property owners can replace the existing tile <br />line and increase the size of the pipe from 8"-10" <br />tile to 15" CMP (corrigated metal pipe) with an <br />overflow structure at the outlet end of the <br />culvert under Highwood Road. We could assist the <br />property owners in obtaining materials and <br />contractors. <br />B. The City could replace this existing tile line <br />with a 15" CMP (corrigated metal pipe) with an <br />overlfow structure at the outlet end of the <br />culvert under Highwood Road. <br />City forces could do this for $ 1 5, 000 - $ 16, 000, <br />3 <br />