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<br />NOTICE OF PUBLIC HEARING ON THE IMPOSITION <br />OF SERVICE CHARGES WITHIN SPECIAL SERVICE DISTRICT NO. 1 <br /> <br />TO WHOM IT MAY CONCERN: <br /> <br />TIME AND PLACE: <br /> <br />Notice is hereby given that the <br />City Council of the City of <br />Roseville, Minnesota, will meet at <br />the City Hall in the City of 7.'/S" <br />Roseville, Minnesota, at ~ P.M. <br />on May 26, 1998, to consider the <br />imposition of service charges <br />within Special Service District <br />No. 1. <br /> <br />NATURE OF IMPROVEMENTS <br />WITHIN SPECIAL SERVICE <br />DISTRICT: <br /> <br />ESTIMATED COST: <br /> <br />The improvement of the parking lot, <br />relocation of adriveway and <br />installation of curbing, <br />landscaping within the parking lot <br />and along street right-of-way, <br />including installation of a <br />sprinkler system, replacement and <br />improvement of parking lot lighting <br />and installation of fencing between <br />the special service district and <br />adjoining property owners. <br /> <br />The total estimated cost of <br />the improvements to be paid <br />for is $303,000. <br /> <br />PROPOSED METHOD AND <br />SOURCE OF FINANCING THE <br />IMPROVEMENTS: <br /> <br />Tax Increments derived from Tax <br />Increment Financing Districts Nos. <br />I-/~ or other available City <br />funds will be used to finance the <br />improvements to be constructed <br />within Special Service District No. <br />1. <br /> <br />COST OF OPERATING AND <br />MAINTAINING THE <br />IMPROVEMENTS: <br /> <br />There will be no cost to the City <br />and no service charges imposed for <br />the cost of operating and <br />maintaining the improvements as the <br />property owners within Special <br />Service District No.1. will <br />operate and maintain the <br />improvements. <br /> <br />933239.1 <br /> <br />-1- <br />