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<br />2 <br /> <br />One of the items we looked at at the time was improvement of <br />Judith along with this work. Judith is also to be centered in the <br />right-of-way and have average width for the existing pavement. <br />We see no particular problems in this leg. We do have some <br />concerns, however, as far as the portion of Judith from Griggs <br />to the existing east plat line. There are two homes on the corner. <br />They use this for access to their garages, but as many of you <br />know, Judith now - or the area east of Judith - is undeveloped. <br />There are varying plans being considered by the property owners <br />in that area. <br /> <br />One thing that does exist on the current regulations is a <br />proposal for another east/west street roughly where I have my <br />pointer, going to County Road C-2 from Woodhill, and at that point <br />the long range plan has been to have Judith extended to that east/west <br />street which would serve both sides of the roadway. I'm sorry, <br />that would be north/south street. <br /> <br />I have talked to one of the property owners who represented <br />the views of both corners, discussed several varying alternatives <br />and I guess it was our joint (inaudible) that Judith east of Griggs <br />not be improved, blocked off, extended, cul-de-sac'd, or anything <br />else. I think it would be better to find out what happens in the <br />vacant area to the east so the decision can be made with that full <br />knowledge. Whatever decision would be made now may be regretted <br />at some point in the future. <br /> <br />MR. POPOVICH: This improvement was initiated by a petition. <br />The published cost is $206,650. The assessment detail, depending on <br />what alternate you took (inaudible) <br /> <br />Alternate A would just be Griggs - the total cost is $167,500. <br />The cost per foot would be $47.67, and based on the 25% rule it <br />would be $11.92 a foot for the benefited property. <br /> <br />If you go to Alternate B which is Griggs plus Judith from <br />Fernwood to Griggs, the extension to the west, then the cost is <br />$194,450. There are 3,567 assessable feet on that improvement. <br />The cost rises to $54.50 if it were 100% assessed. Under the <br />25% rule it's $13.63. <br /> <br />If you go to Alternate C which includes the portion to the east, <br />the cost goes up to $206,650 and, incidentally, that's the highest <br />cost and that's why we published at the higher figure. The <br />assessable feet are 3,594, but because of the increased cost, the <br />cost per foot is $57.50 and under the 25% assessment rule that's <br />now $14.37. <br /> <br />So as far as the public is concerned, Griggs alone is $11.92. <br />With Judith it would be $13.63, and with all of Judith $14.37. <br />Obviously this program we would recommend be no longer than 15 <br />years with the interest rate decided at the time of the ~assessment <br />based on the financing costs the City has to pay. <br />