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Regular City Council Meeting Monday, October 6, 2014 Page 12 Mayor Roe suggested that the minutes could be handled by the task force since they would be much less formal by standard than those of the City Council. Councilmember Willmus thanked Ms. Barsel for taking the initiative to bring this forward. Ms. Barsel in turn thanked the City Council for allowing her presentation and for their feedback and authorizing initiation of the process. Mayor Roe noted that this effort was not only for the senior population, but also should include the new immigrant populations through this process, and asked that their vulnerabilities be identified as well. 11. Public Hearings a. Public Hearing for County Road D Reconstruction Project to be Assessed in 2014 Mayor Roe and City Manager Trudgeon read into the record the purpose of the hearing and format for the meeting; summary of the type of project and confirma- tion of published and mailed notices; along with the procedure for the hearing prior to hearing public testimony. At the request of Mayor Roe, City Engineer Marc Culver provided a brief descrip- tion of Project No. P-ST-Sw-W-13-02, County Road D Reconstruction between Lexington Avenue and Victoria Street; and proposed 2014 assessments based on final construction and engineering costs. This information was summarized in Mr. Culver's presentation and detailed in the RCA and attachments dated October 6, 2014, with final construction costs outlined in Attachment B. Mr. Culver reviewed the City's Special Assessment Policy for residential property owners to be assessed for 25% of street reconstruction costs, with no charge for the extra road width, but based on a 32' local street and based on actual frontage of each parcel. Mr. Culver provided sample parcel calculations; the process for hardship deferrals of assessments; and advised that the assessment term would be for fifteen years at a 5.5% annual interest collected by Ramsey County as part of their standard property taxes. Mr. Culver noted the final assessment costs per lin- ear foot were actually 10% lower than the original engineer's estimate in the ini- tial feasibility report. Mr. Culver further noted that, in accordance with state law, a benefit report had been performed in January of 2013 by an independent licensed appraiser, who set the maximum benefit at$60 per foot for residential properties and $90 per foot for church and/or apartment building use; with one commercial property on Lexing- ton Avenue calculated at $110 per foot as the maximum benefit to be achieved under this improvement.