04-22-1985 Council Minutes - Laserfiche WebLink

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MIi�(UTES OF THE ORONO COUNCIL MEETING I�ELD APRIL 22 , 1985, AT TI3E ORONO MIDDLE SCHOOL AUDITORIUM AT 685 OLD CRYSTAL IIAY ROAD - PAGE 2 PUBLIC HEI�RING (CONT. ) City Engineer Cook pointed out that the 83 unit figure does not include the Art Center. Mayor Butler stated that the City Council has not yet had the necessary public hearings with the Art Center in order for them to hookup to sewer. Butler added if the Art Center is included' in the project , it will not incur any additional construction because the pipe is already proposed to extend . � down Briar Street so that the Art Center could hookup at that point. Curt Quady of 1223 Brown Road South felt that the Art CeYzter is part of Crystal Bay and should have been included in this sewer project. Quady explained that he was on the Council when this area was first proposed for sewer. Quady stated that the Council voted against the sewer project because of pressure. Quady noted that hewas the only Councilmember to vote for the Crystal Bay sewer project. Quady felt it was a mistake on the City' s part not to have sewered the area long ago. Quady reiterated that the Art Center will require 20 units and that it should be incl��ded because it will lower the cost to the individual Crystal Bay residents. Quady stated that the whole project should be delayed until the Art Center is included in the project. Herman Renner of 3180 North Shore Drive agreed with Quady th2.t the Art Center should be included in the project and that the development to the west of the Art Center should be included too. Rennerfeltthatsepticsystemsare temporary and not state of the art. N,ayor Butler introduced Carolyn Drude from Ehlers & Associates, the City' s financial consultants . Carolyn Drude presented the financial side of the project and noted the different assessment options that the Council is considering. Drude stated that a 15 year bond maturity is proposed extending the assessment payments over 15 years . Drude explained that if the Council assesses the project 50$ to the benefitting property owners , then 50� will be spread over the general tax rolls and would increase taxes based on the valuation of the property. Drude also noted that one can pay in advance to avoid any interest payments . Drude gave the example of the assessment that would increase property taxes for a $150 , 000 market value home by $22 . 69/year for 15 years. Gary Printup of 1261 Briar Street referred to a letter that was mailed by Bill Sime in which he states that the increase in property taxes each year would be $112 . 00 for a $100 , 000 market value. Mayor Butler stated that the information in that letter was in error.