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REQUEST FOR COUNCIL ACTION Date: 8/20/12 Item No.: 7.c Department Approval City Manager Approval Item Description: Approve resolution receiving assessment roll and setting assessment hearing date for the project to be assessed in 2012 B ACKGROUND 1 At the August 13, 2012 regular City Council meeting, the Council ordered the preparation of the 2 assessment roll for City Project P-ST-SW-11-02: Dale Street Reconstruction, between County 3 Road C and S. Owasso Blvd. This project was constructed in 2011 and scheduled to be assessed 4 in 2012. 5 The next step in the statutory assessment process is for the Council to adopt a resolution setting a 6 hearing date for the assessments. It is recommended that assessment hearing be held at the 7 regular meeting on Monday, September 24, 2012. 8 Following past Council policy, if questions come up regarding specific assessments or if 9 amendments to the assessment rolls are necessary, hearings can be continued before final 10 adoption. 11 PO OLICYBJECTIVE 12 It is the City’s policy to assess a portion of street reconstruction costs. The City follows the 13 requirements of Chapter 429 of state statute for the assessment process. The proposed 14 assessment roll has been prepared in accordance with Roseville's assessment policy and is 15 consistent with the recommendations in the feasibility report prepared for this project. Once the 16 Preliminary Assessment Roll has been prepared, the next step in the process is to hold a public 17 hearing. 18 After the Public Hearing, the City Council adopts the assessment roll making it final. The City 19 allows for a 30-day pre-payment period after the roll adoption. Following the pre-payment 20 period, assessment rolls are certified to Ramsey County for collection. The City will have the 21 rolls certified by early November in order to allow the County enough time to add the 22 assessments to property taxes. 23 FI INANCIALMPACTS 24 Attachment A is a Project Financing Summary detailing the feasibility report and actual project 25 costs for this improvement. This project was financed using assessments, Municipal State Aid 26 funds, and utility funds. 27 The final assessment roll has been prepared in accordance with Roseville’s assessment policy 28 and as outlined in the project feasibility report. The preliminary assessment roll is attached and 29 will be presented in detail at the assessment hearing for this project. 30 Page 1 of 2