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AGENDA ITEM <br /> kITEN HILLS <br /> MEMORANDUM <br /> DATE: October 141, 2013 <br /> TO: Honorable Mayor and City Councilmembers <br /> Patrick Klaers,City Adininistrator <br /> FROM: Teriy Maurer,Public Works Director <br /> SUBJECT: County Road E(B-2 District)Assessment Scenarios <br /> Late last year the City hired Bolton and Menk to prepare a Feasibility Report for the Phase 1 <br /> Improvements to County Road E. At the June 10, 2013, Work Session Marcus Thomas of <br /> Bolton and Menk discussed the proposed improvements with the Council. At Monday's Work <br /> Session Marcus will be in attendance to discuss the project financing and specifically <br /> assessments. In general, the total project cost is estimated at $1.8 million. Ramsey County has <br /> committed to funding approximately half of that cost leaving about $900,000. Staff and Marcus <br /> have focused on a 50/50 split between assessments and City to fund the remaining $900,000. <br /> We have met with Tom Scott of the City Attorney's office to discuss various assessment <br /> methods. Based on these conversations Marcus will be presenting an assessment method of both <br /> front footage assessments to properties along County Road E and an area assessment to the <br /> whole B-2 District. <br /> Staff and Marcus will be looking for Council direction regarding the 50/50 split between <br /> assessments and City and feedback on the assessment method so the Feasibility Report may be <br /> completed and presented to the Council. <br /> Page 1 of 1 <br />