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Minutes of Page 2 the RegUl~council Meeting, August 10, 198'" RES #87-46 (Cont'd) Moved by Hansen, seconded by Peck, that Council approve Resolution No. 87-46, CALLING FOR HEARING ON PROPOSED ASSESSMENT OF IMPROVEMENT NO. SS-W-P-ST-86-l (NORTHWOODS), to be held on August 31st at 7:30 p.m., at the Village Hall, and furthermore, that the amount of $339,183.00 will be 100% assessed against benefitted property owners and will . be payable over a six year period in equal consecutive installments, the first installment to be levied in 1987, with interest at a rate of 8% per year. Motion carried unanimously. (4-0) RES. 087-47; ASSMT. HEARING, HAMLINE AVE Council was referred to resolution calling for a hearing on the proposed assessment of the improvement of Hamline Avenue, Phase I and Phase II. Engineer Barry Peters updated the Council on the combination of the two phased project on Hamline Avenue; Phase I was for surcharge to swamp areaS and Phase II was the street and storm sewer construction, sidewalk and landscaping. The total project cost was $1,130,859.00, of that cost the City may use MSA funds in the amount of $774,200, which is the balance remaining of 1985 MSA allotments and 1986, 1987, and 1988 allotments. There is approximately 5,400 linear feet (frontage) of assessable property; typical rate of street assessments wqich include storm sewers is approximately $45.00 per foot. Peters noted that Hamline Avenue was constructed wider than a typical street. He calculated the cost at $45.00 per foot, for 5,400 linear feet, for an amount to be assessed at $243,000.00; leaving a balance of $113,659.00 for the City to assume. Council asked Peters to describe the footage proposed to be assessed along Hamline Avenue. . Peters explained that corner lots on the east side of Hamline have paid assessments on the side streets, typically on assessments Arden Hills has assessed approximately 15 ft. around the corner of these lots. He stated that inside lots fronting on Hamline are assessed for full frontage, unless they are considered an unbuildable lot; he noted there are some marginal properties along Hamline that are considered swamp that were not included. Of the 5,400 feet there is approximately 2,200 ft. that fronts along the Townhouse property on the West side of the road. Council questioned the ownership of the Townhouse property. Peters advised that property is owned in common interest as open space, 56 townhouses have common interest in that area. Councilmember Hansen questioned how much frontage Cardiac Pacemakers had along Hamline. Peters advised they have approximately 300 to 400 feet of frontage along Hamline. . Councilmember Winiecki questioned how many residences would be included in the proposed assessment. Peters advised that there are 21 properties that could be assessed for full frontage and 16 properties for corner lot assessments; these numbers are excluding the townhouse properties. Council discussed options to call for hearing and assess property owners or to not have a hearing and finance the improvement by alternate methods; PIR funds could be used or bonds issued to be paid back by general taxes. Council stated that Hamline Avenue has never been assessed for road improvements; they noted this is an unusual case with the townhouses having already paid for roadway in front of their homes and would in essence be paying for two roads; $45.00 is usually an assessment for a residential street, however, Hamline is not a residential street in width. Councilmember Peck questioned if the PIR fund could support this improvement. .