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Assessrnent Policy <br />• aer unic aasis <br />• Platted singfe famiy residential bt which ca�not <br />he furthef wbdivided <br />• f.arner lats- assessed on the street of the <br />mailing address <br />� Ptatted mufti-iamiiy (townhouse) area: Gty <br />Council must determine pe� unit rate <br />• Ass�ss 504t project cost <br />— includes roadwayr conrt�ctar6 e�6��eet�g and <br />administratio� costs <br />Assessment Deferral <br />• Homestead property <br />• Age 65 or otde�, o� retired by virtue of a <br />a��a�r�r <br />• Payment wauld be a hardship <br />' iiSSES51Tt@fIT Wi�� BCCfUC' IRCefESi <br />• AppGcation availaale at Gty Hall <br />Scheduie <br />• tf Lhe Arden HiUs Gty Cou�cit approves the <br />project: <br />—1a�. 2011 Neighborhood Meeti�g #2 <br />— March 2011 Receive Bids <br />— May 2011 Assessment Hea�in; <br />— lune 201I Start Construction <br />— Oct. 2022 Substa�tlal Completion <br />Assessment <br />Payment Options: <br />• Paid `m fulF rvithout interest witfiin 3tl days �f �he <br />assessment hearing <br />• Certified and added to property taxes <br />- Payment perrod <br />• smeenconnnaeean iows <br />• 61turM�ousReclalm Syn <br />— lataeest rete s�t wAen assessment roU is adopt�d <br />Schedul�/Public Proeess <br />• Neighborhood Meeting iFl Sep. 23, 2010 <br />• Feasibilfty Report to Uty Counal Ou. 2010 <br />• Publk Nearing Nov./Oec. 2010 <br />• The Arde� Hi{fs City Council witl bke the next step on <br />tha project after the puhlic hearing. Poss�le a�ctior�s; <br />— Approva {uojac4 as {uese�ted, order finai dasiqn <br />- nv�we �c Wnn m��catro�s. «ae� ru,ai aa+�r, <br />- �m v�i«� <br />Projeet Contaet Info <br />• tf you have any questio�s or coneerns, �lease <br />contact: <br />Kristine Giga <br />i <br />{651}792-7849 <br />Matt Woodnrff <br />m odnaff ' <br />(651}792-7057 <br />�� <br />