CCP 06-26-1995 - Laserfiche WebLink

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I I. _ " ARDEN HI1.LS CITY cOt JNCTL . Tm;:!.E 12 I <jq5 , Mr. Tavemier requesa=i to = to dIi:s ..._.......1 during puQiic, ........_"" I Mr. Mauer indicated the A .-.....o...,r Schednle. identifies my ." ..-lIIIder Sj,500 having a I scheduie or five y= and my 3SS c",,.,,.. over- S3,.500 having a crlJ..ml.. of eigbr: y= He indic:ated the l.u.ts-'-St start dare will be July 12. 1995 or a 30 day period from die daD: die ,W .,.""'1" roil is esmb1i<:h..n. I Mr. M= reviewed the amorti:z:uiOl1 ~v- and iDdicm:d it was similartO my iJlS1"lhnmc loan.. I CIty F=.,gin.-- Slon";'Quse reviewed the specmc issues ,_Ji...g die '''''''''''''''~ ofCoumy Road. t:, I Mr. Stonehouse indic:ated the fe3sibiliry estimate was :512 million 3IIIi tile CllIlSIl'lICIion bid was 51.150,000. I Mr. Stom:nouse inm.--.1 the project would be fiJIllied from multiple sour=: MSA (12%), Coumy Road. TllTT'lhack funds (3.5%), Ciry (29%) 3IIIi ?l.C,I""4" Ass c,....", (26%). I Mr. Stonehouse Ldem:i:fi.ed some SlJeciiic properties in regards to ."""""""""., ftn'nml.<: due to odd shapes: Ie a) Tavernier propertY, 247 feet, the ~-=t"17" or :58,030 will remain due to me pou:mial for a lot SlJIit. I b) Woo ~.u~~uy, sballow lotmethoci. 158 feetwiil be ~ fixnage. I c) Jones ~.u~""Ly, c",""wwended 180.46 feet3Sses~ d) Pham ~.u~"ty, =rmn'"'1~..n 130 feet .ss~cd.. I e) Wallac: ~.u~'!Y, =mmended 94.5 feet 3SSessed. I CIty AdministraIor FritSinger asked for clarification or the from footage cost. Mr. Stonehouse reco=ended 532.50 per front foot for residential. S44,OOper front foot for commerciat property and 566. is for = e.-tempt 9r0geIt}', . Mayor Probst inquiIed as to bids received for Stowe Avenue.. Mr. Stonel1ouse imlicm:d the bids . came in at :531.92 per from foot. Mayor Probst invited the audience co ask questions or comment aI Ws rime. I .. . ---------