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NEW BUSINESS —1III <br />,-AI�EN HILLS <br />MEMORANDUM <br />DATE: May 13, 2024 <br />TO: Honorable Mayor and City Councilmembers <br />David Perrault, City Administrator <br />FROM: David Swearingen, P.E. Public Works Director / City Engineer <br />SUBJECT: 2024 PMP Street & Utility Improvement Project — <br />Declaring Costs to be Assessed and Order Assessment Hearing for 1370 Colleen <br />Avenue <br />Budgeted Amount: Actual Amount: Funding Source: <br />$3,001,100 $2,842,791.05 PIR, Special Assessments, <br />Utility Funds <br />Council Should Consider <br />Motion to approve, table, or deny the following: <br />• Resolution 2024-026 Declaring Costs to be Assessed and Ordering the Preparation of the <br />Proposed Assessments and Calling for a Public Hearing on the Proposed Assessments for <br />1370 Colleen Avenue related to the 2024 PMP Street & Utility Improvement Project. <br />Background <br />On February 12, 2024, the City Council adopted Resolution 2024-008 Approving the Plans and <br />Specifications and Ordering the Advertisement for Bids for the 2024 PMP Street & Utility <br />Improvement Project. Bids were solicited and opened on March 6, 2024. <br />A portion of the costs for the 2024 PMP Street & Utility Improvement Project are proposed to be <br />assessed against the benefitting properties according to the City's Assessment Policy. In order to <br />assess these costs, the City must follow the process outlined in State Statute 429. On March 11, <br />2024, after the bids were opened, the City Council adopted Resolution 2024-012 Declaring Costs <br />to be Assessed and the Assessment Hearing was held on April 8, 2024. <br />Page 1 of 3 <br />