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<br /> I <br /> .. Following the bidding process, however, the actual assessment rate was reduced to $2.64 per <br /> adjusted front foot. As was done in 1991, a resolution will be proposed for City Council review <br /> I to establish the 1993 residential equivalent assessment rate after bids are received. No <br /> I commercial equivalent assessment rate is necessary for this project. <br /> I A detailed estimated assessment cost is provided in the appendix of this Feasibility Study for <br /> each of the abutting and benefitting property owners on streets to receive bituminous overlay <br /> I improvements. This preliminary assessment roll lists each property owner, the total adjusted <br /> front footage for each property, and the estimated assessment cost for each property. <br /> I As detailed in the City's Assessment Manual, no assessments are proposed for seal coat <br /> I improvements as this work is a maintenance procedure funded by the City. <br /> I Through the project specifications, the City shall retain the right to add or delete streets from <br /> bituminous overlay or seal coat improvements to match the available budgeted funding. <br /> . <br /> PROJECT SCHEDULE <br /> I The following project schedule is proposed for the 1993 Pavement Maintenance Improvements <br /> Project: <br /> I Receive Feasibility Study, Order Public Hearing, and Order JanWl)' 25, 1993 <br /> Plans and Specifications <br /> I Approve Plans and Specifications and Advertise for Bids Febnmy 8, 1993 <br /> I Receive Bids March 4, 1993 <br /> Hold Public Hearing, Establish Assessment Amount, and Set March 8, 1993 <br /> I Assessment Hearing Date <br /> Hold Assessment Hearing Apri112, 1993 <br /> I A ward Contract May 10, 1993 <br /> I Begin Construction June 1993 <br /> , Complete Construction July 1993 <br /> I FFAs-520.039 -6- 520-039-10 <br />