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2013-03-27 CC Packet
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2013-03-27 CC Packet
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3/22/2013 3:23:08 PM
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6i �rviff-e 18807Kaiststr"4 CcnmViffe, X N <br /> lA57 651 -429 -3232 or'FaZ 6SI- 0294629 <br /> March 6, 2013 <br /> OWNER or Current Owner <br /> Mailing Address <br /> CITY STATE ZIP <br /> Dear Property Owner: <br /> Attached to or printed on the reverse side of this letter is the official notice of hearing for special <br /> assessment for a street improvement affecting your property. <br /> The proposed assessment for benefit to your property is shown below, along with an estimate of <br /> the annual cost that would result if the special assessment is collected with taxes over several <br /> years. The proposed assessment based upon the bids received for the improvement together with <br /> additional costs for engineering, legal and administrative expenses associated with the <br /> improvement. The assessment amount is the same as was used for the estimate at the <br /> improvement hearing, even though bids came in higher than the engineer's feasibility estimate. <br /> Property ID or Address: PIN <br /> Address <br /> Proposed Assessment $ESTIMATED ASSESSMENT <br /> Approximate annual payment based upon an <br /> Interest rate of 4% and a payment term of 15 years ESTIMATED ANNUAL <br /> PAYMENT <br /> The special assessment is for street pavement and related drainage improvements only. <br /> Watermain will be installed as part if this project, with the costs paid by the city. When you <br /> choose to connect to the watermain, connection fees would be charged to recover the cost of <br /> installation. An estimate of costs related to connecting to watermain is included in this mailing. <br /> These costs would not be charged unless you choose to connect to watermain at this time. <br /> While the bid prices are known for this work, the actual footage needed to serve your home is <br /> not yet known and will vary from one property to another, since setbacks can vary and the <br /> location within the home where service terminates may be at the back of the home. <br /> The city code requires mandatory connection to watermain if it is available, not later than 2017 <br /> for most properties, but the deadline was extended to 2021 for your street. <br /> Dallas Larson, City Administrator <br />
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