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advance of the project being undertaken, spread the <br />special assessment based on bid information.) <br />Issue 5. Preliminary Financin4 Plan - Primary means for <br />financing are -as follows: <br />11 <br />A. Storm Sewer Assessment - The Coun0(lutake the <br />project and choose this alternativco t er <br />are footage on a flat basis wouldr if so e <br />on ideration were given by a great.for th <br />prop rties directly there may be a split betwee _ an <br />Attachment F shows approximate assessment 1la s <br />by p operty 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 demomstrated. <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 thiF sting tile line <br />with a 15" CMP (corrigated pipe) with an <br />overlfow structure at the :t end of the <br />culvert under Highwood Road. <br />City forces could do this for $15,000 - $16,000, <br />3 <br />