7B, Resolution 2010-033, Assessment Roll for 2010 PMP

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Im rovements Fundin Source Cost Roadway PIR $ 613,057.71 Storm Sewer Surface Water Enterprise Fund $ 116,084.05 S anitary S ewer S anitary S ewer Enterpri s e Fund $ 118, 3 43 .2 9 Watermain Watermain Enterprise Fund $ 134,958.83 TOTAL PROJECT COST $ 982,443.8$ Total amount to be assessed (50% of roadway costs) $ 306,528.86 Total amount to be paid by $ 675,915.02 the City Staff would like to review the following items and receive direction from the City Council on how to proceed with preparing the assessment roll: Sub-dividable �ro�erties Two p�operties in the reconstruction proj ect area were listed as sub-dividable, according to current City code, �n the feasibility report and counted as two residential equivalent units (REU): 4093 Valentine Crest Road 1645 Valentine Avenue Minimum lot requirements for properties zoned R-1 are listed below: Lot size: Lot width: Lot width (corner): Lot dept�i: 14,000 square feet 95 feet 105 feet 13 0 feet Minimum building setbacks: Front yard: 40 feet Rear Yard: 3 0 feet Side Yard: 10 feet Side Yard (corner): 40 feet Aer�al views of both lots are attached. Both of the property owners listed above have requested that the consideration of their properties as 2 REUs be re-evaluated. The property owners have indicated they have no intention of subdividing their property. At 1645 Valentine Avenue, a double assessmeni would be a�nancial hardship. They also stated that the southeast corner of their ro ert p p Y is low and often has standing water after rain. At 4093 Valentine Crest, the existing ho�ne would have to be removed in order to subdivide the property. Adi acent �arcels- saxne owner The proposed assessment rates for the mill and overlay proj ect were based on 34 lots, one of which. is vacant. On Katie Lane, the property owner at 3314 Katie Lane also owns the City Council Meeting \�1Vletro-inet.us\ardenhills�I'R&PW�Engineering\Council_Actions�2010\6-14-1 OMemo_2010PMP_DeclareCosts.doc Page 2 of 4