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<br /> CIP Discussion <br /> . 1/18/2007 <br /> Page 3 <br /> the right to make adjustmcnts to the policy as it deems proper. The assessment currently <br /> being proposed is based on the contractor's revised bid. <br /> The second item that Council should consider is how to address "through" lots as they <br /> relate to asscssmcnts; nothing is stated in the assessment policy f()r such a lot. Several <br /> residents in the Ridgcwood neighborhood have cxpressed a concern on this issue. as they <br /> have properties that front Ridgewood Court and either Siems ('ouli or Ridgewood Road. <br /> Properties abutting Ridgewood Court were assessed inl 996 for the mill and overlay of <br /> the road and residents have expressed concern about being assessed twice for <br /> improvements. <br /> Both of these items willlikcly be brought up at the assessment hearing. The Council will <br /> need to respond to these concerns; whatever is decided f()r this project may creatc a <br /> prccedent for asscssments on future projects. Staff recommends a Council discussion at a <br /> future work session to consider revisions to the assessment policy to morc clearly addrcss <br /> the ahove-mentioned concerns. <br /> 2007 Proiects <br /> . The following projccts are proposed for 2007; anticipated funding sources have been <br /> listed with each project. <br /> 2007 PMI' M&O/Sealcoat: As discussed at the Julv Work Session. staff is rccommending <br /> -"---..- ".-..-..- -' . '- <br /> a regional approach to the mill and overlay and sealeoat projects over the next five years <br /> to capture these streets bcfore they slide into a more expensive maintenance category. A <br /> revised 5-Year CIP map le)r 2007-2011 has been attached. No revisions were made to <br /> strcets proposed f(x 2007 from previous discussions. Rcvisions for other years arc <br /> discussed in the section describing 200X-20 11 projects. Spot utility repair will be <br /> incorporated into the projects, including items such as gate valve or hydrant repair <br /> (watermain), catch basin/manhole repair (stonl1 sewer). and manhole repair or pipe lining <br /> (sanitary sewer). Funding source: General Capital Fund, Gcneral Fund, Enterprise Funds <br /> (Watermain, Storm Sewer, Sanitary Sewer). <br /> Old tl~/-.rP R,~il~ridge: As discusscd previously, staff and Council have agreed that <br /> \vhile the railroad company is willing to cooperate on this project it should hc scheduled. <br /> Funding source: Special Revenue Parks Fund. <br /> St9sm Pond .Maintelhlllce: Staff will evaluate and develop a maintenance program to <br /> ensure that the MS4/SWPPP requiremcnts are being met. Funding source: Storm Water <br /> Fund. <br /> . J~L. Stall' will continue to evaluate what needs to be done to reduce 1&1 and proceed <br /> accordingly. This mitigation work could include work such as manhole repairs (sealing <br />