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I <br /> � �� <br /> � O� <br /> O O <br /> ���-� , CITY of ORONO <br /> ,� t�'��'�� :; �, � <br /> s� '`" l�, Municipal Offices <br /> "�+�'� �1�,' ti, ;�� Gti, <br /> ,t M �� ' ,� Street Address: Mailin� Address: <br /> '�'�HQ4' 2150 Kelley Parkway P.O. Boz 66 <br /> Orono, MN 55356 Crystal Bay, MN 55323•0066 <br /> Apri128, 1998 <br /> Dear Project Area Residents; <br /> The City of Orono has scheduled a Neighborhood Informational Meeting to obtain resident <br /> comments on a propo5ed sanitary sewer project to serve the Webber Hills Neighborhood. A <br /> project area map is included with this notice. This Neighborhood Meeting will be held at 7:00 <br /> P.l�T. Tuesday, May 19th at the Orono City Council Chambers. <br /> Introduction <br /> This area was included in the recent MUSA expansion far sanitary sewer installation because of <br /> the smaller lot sizes and older septic systems with limited replacement sites available. Installation <br /> of rt�w code compliant septic systems will be difficult o#� some of the lots in this neighborhood <br /> and system reglaceme�its will result in the loss of num�rous trees. Approximately 75% of the <br /> existing septic systems in this neighborhood are non-canforming with several systems in near <br /> failing condition. This area is one of ten neighborhoods included in the recent MUSA expansion. <br /> Sewer projects have already been completed in four areas with an additional two areas scheduled <br /> for completion this summer. We are beginning the planning process for possible 1999 projects. <br /> At this time, interest rates are low providing for more affordable projects. <br /> -.-- <br /> .._ ___ .- _ . . . <br /> Project Assessments�and Costs � <br /> . . . .. <br /> _ .. ._ <br /> A feasibility��study has been completed with an estimated project cost of $961,000 in 1998 <br /> dollars. This results in a proposed project assessment�f�$26,000 per unit payable over a fifteen <br /> year period. Options for prepayment of the assessment are available. Based on several projects <br /> _ <br /> recently completed, the estimated interest rate is 6.25%.��ased on a 15-year assessment at 6.25% <br /> interest, the annual assessment payments will be,app�ox�rnately.$2,700. These project costs and <br /> assessment payments may vary dependent on future construction costs and interest rates. <br /> Telephone (612) 473-7357 • FAX 473-0510 <br />