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When justifying assessments there are two things to consider: that the assessment must treat <br />like properties alike, and the amount of the assessment has to be equal to or less than the <br />resulting increase in property value. We will need to explore options and impacts for <br />establishing an assessment rate for this project. Past City of Roseville projects have had a per <br />foot rate of 20-25$. <br />Consistent with our City assessment policy, no costs for pathway or storm sewer are included <br />in the assessment calculations. We also have reduced the assessable costs to take into account <br />the difference between constructing a 7-ton road and a 9-ton road. Even though we have taken <br />these items into account these proposed assessment rates are still significantly higher than <br />other Roseville projects. <br />The proposed project is 0.7 miles, normally a street of this length (3500feet) would have 7000 <br />feet of assessable frontage. This would increase the assessable footage and consequently <br />reducing the per foot assessment to $24 and $33 respectively. However, many of the homes <br />have "side yard frontage" on this road; our policy is to only assess 10% of the cost for side <br />yards. As a result of this, the assessable street frontage is low and the rate per foot is very <br />high. <br />III. CITY INFRASTRUCTURE FUNDS <br />The City's Infrastructure Fund eart�s approximately $600,000 each year. This Fund was established to <br />reconstruct nei�hborhood streets, not MSA streets like South Qwassp. <br />Typically, neighborhood street projects reconstructed with City Infrastructure Funds are planned for on <br />the City's CIP —Capital Improvement Program. The realignment options for South Qwassa have not <br />been planned for in the City's CIl'. (Remember, too, the City Council is also considering another <br />unplanned for street improvement proj ect: improved access to the James Addition Neighborhood.) <br />Of course, the more of these City Infrastructure Funds that are used for any one project, the less funds <br />that are available for other projects. For example, if t�.e Council were to select one of the South Qwasso <br />realignment options, the extra cost of that project —roughly $300,000 lo $600,000 -- represents one-half <br />to one-full year of neighborhood street reconstruction. In other words, City Infrastructure Funds spent on <br />a realigned South Qwass� will delay the reconstruction of neighborhood streets. <br />IV. MUNICIPAL STATE AID FUNDS <br />The City receives approximately $700,000 each year total in MSA funds. If more MSA funds are <br />committed to a proj ect than are available, then the City will have to borrow against future MSA funds. <br />This results in delay for other MSA street projects. <br />V. SPECIAL CONSIDERATIONS <br />Storm Sewer: The water features/ water quality pond as shown on the Ladyslipper Park <br />Master Plan are preliminary. We need to finalize their size and location and how they meet <br />� <br />