CCP 04-17-2006 - Laserfiche WebLink

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2006 PAVEMENT MANAGEMENT PROGRAM I G. PROJECT FUNDING , . The project will be funded from sevcral sourccs including Unit Assessmcnts on the benefiting propenies, the City General Fund, the City Enterprise Funds for Watermain, Storm Water and Sanitary Sewer improvements. ASSESSMENT RATE DISCUSSION The proposcd assessment for the projcct is based on the 2004 Reviscd Assessment Policy that was approved by the Arden Hills City Council on September ]3,2004. The policy states that residcntial propcrties with frontage abutting a street that is rcconstructcd shall be assessed on a per unit basis at thc residential equivalcnt asscssment rate. The per unit basis is calculated based on the average neighborhood unit size, particularly in a mixed neighborhood. The proposed assessmcnt rate is based on fifty percent (50%) of the cost of the roadway project costs for thc proposed 22-foot rcsidential street scction. The preliminary assessment role includes a total of 62 assessablc units within the Ridgewood Neighborhood. The assessment role docs not include thc following propenies locatcd in the general project arca: . Three propenies which abut Snclling A venue and are accessed from Snelling A vcnuc . 3583 Snelling Avenue which abuts Ridgcwood Road but is accesscd via Snelling Avenue . The Island Beach Club parcel adjaccnt to Ridgewood Road and Arden Place (1200 foot . frontagc) . 1600 Lakc Johanna Blvd. that abuts 250 of Siems Cotl1l but is accessed via Lake Johanna Blvd. . Two city owned parcels (Lift Station #4 and open space abutting Ridgewood Road) Staff requests that Council provide dircction as to whcthcr or not these parcels should be included in the final assessment role. The total number of assessable units (62) dividcd by the total assessable amount (50% of roadway costs) rcsults in a proposed unit asscssment rate of approximately $8,800. If all of the parccls identificd above were included in the assessment role (and assigned equivalent units), thc total number of assessable units would be 84 (assigning two units to 1600 Lake Johanna Blvd and 12 units to the Beach Club Parcel). The proposed unit assessment rate under this scenario would be approximately $6,500. The Preliminary Assessment Address Map that identifies the properties in the project area is included in the assessment role is attachcd in Appendix C 1 and the Assessment Role is attached in Appendix C2 . URS t6