2002_0520_packet - Laserfiche WebLink

Home

SUGGESTED OPTIONS Streetseave defined: Right-of-way improvements outside of normal replacement or restoration of landscape or pedestrian elements adjacent to roadways meant to visually enhance and functionally improve the pedestrian and vehicular transportation network. Option 1: Include these types of improvements for assessment purposes as part of roadway improvement costs and assess per existing or future roadway assessment policy. Option 2: Assess streetscape projects at 25% of the actual cost, not to exceed the total local share if outside funding sources are secured. Assessable cost to be distributed on a front-foot basis using existing special assessment formulas. Option 3: Assess streetscape projects at 15% of the actual cost, not to exceed the total local share if outside funding sources are secured. Assessable cost to be distributed on a front-foot basis using existing special assessment formulas. MSA ROADWAY ASSESSMENT DISCUSSION Previous council discussion asked staff to study impacts of changes to current special assessment policy on MSA roadways. After review of Attachments 1 and 2 and pursuant to April 8, 2002, Council comments, we offer the following options as a basis for discussion. Option 1: Continue with current assessment policy language. R-1 and R-2 properties pay no assessment for roadway improvements. Tax exempt properties pay on an assessable front-footage basis 100% of the cost of a 7-ton roadway based upon the costs for that segment of the entire project. All other properties are assessed on an assessable footage basis at 100% of the cost for the specific type of roadway they abut. Option 2: No assessment of costs for roadway construction on MSA designated streets for all property types. Option 3: Based on the comments we were hearing from council members regarding special assessments for R-1 and R-2 properties, we would propose the following changes to the current policy: • R-1 and R-2 properties would be assessed on an assessable footage basis at 25% of the cost of a 7-ton roadway based upon the costs for that segment of the entire project.