CC_Minutes_1963_0325 - Laserfiche WebLink

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-3~ The area proposed to be assessed for the cost to be borne by the Village of Roseville is the property abutting the right-of-way of County Road "B" from the East line of Pascal Avenue to the East line of Snelling Avenue, Such persons as desire to be heard with reference to the proposed improvements will be hearu at this meetin~ Is! Richaru W, Turnlund, Village Clerk ~fr 0 Turnlund also produced an affidavit of mailing th'3 assessment hearing notice to all property owners appearing on th; County Treasurer Q s tax roll wi thin 30 days prior to the hca:r.'Lll!~ against whom assessments might be levied, The Mayor called on the Village Engineer to make an explanation of the proposed project, Mr, Hanson, the Village Engineerjj stated that the project involved the addition of two (2) 10 foot concrete roadway sections between Pascal Avenue and Snelling Avenue, The addition of these two ten foot sections would widen County Road B between Pascal Avenue and Snelling Avenue to a total roadway width of 68 feet, In order to achieve this width it was necessary to acquire 7 foot additional right-of-way on either side of the street and in addition, in some cases, to acquire a five foot construction and utility easement to allow installation of water and maintain existing utilities in the boulevard area. The ~,layor called on the Village Clerk for an explanation of the financing involving the improvement. ~tto Turnlund, the Village Clerkj indicated that the total cost of the improvement was estimated to be $38,450000, Of this amount $21,250000 was for acquisition of the additional right~of=way necessary for widening the roadway from 268 feet between Pascal and Snelling Avenue. The amount of $17j200,OO was projected to be the additional construction cost of the two 10 foot concrete roadway sections between Pascal Avenue and Snelling Avenue, to be borne by the Village if this improvement was successful 0 Hr c Turnlund indicated that the projected plans for financing the improvement required that the property owners defray the entire cost cf right- of~way acquisition and half the cost of additional construction as an assessment against abutting property between Pascal ^venue and Snelling Avenue. This assessment would be on a 20 ye..r basis with equal installments of principal and a charge of 5% interest on the remaining balance. ~tto Turnlund indicated that property o\V'ners were at liberty to pay up the assessment at any time during the period,