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comprehensive st�rm water management plans. W� are proposi�to I�ave the section of the road adjacent to Ladyslipper Park be constructed with a rural cross-section. Part of the reason for this is to provide water quaiity treatrr�ent for th� street rur�off by directing the starm water into razn gardens an the south side of the road. A rain garden is a shallow depression that collects stormwater from impervious surfaces and infiltrates, fiiters, and evaporates the runof£ Rain gardens are typically planted with a diverse mix of native wildflowers, grasses, shr�bs and trees, and are an attractive, law anaintenance adctition to the right- of- way. The westerly 1700 feet of this project, between the railroad trac�s and Dale Street, and the segznent of rnad between the traeks and Western is already served by stoz�n sewer. The reconstructed road will tie into this storm sew�r and be treated prior to discharge inta Lake Owasso. Far th� remainder of the roadway runoff we wiil need to provide in-line treatment. There is no additional right- of- way to aceorn�nodate ponds ar rain gardens. Finaneial implieations: The total estimated project cost and fi�ancing o�the proposed 2005 PMP is as fallows: Estimated cost �ity Lacal City MSA Assessments Cost Cost Street $1,745,887.19 $0 $1,520,8b3.99 $225,023.20 Reconstruction ($26.66/ foot) Storm sewear $292,132.78 $292,132.7$ $0 $0 zmpravements Sidewalk $2I9,996.15 $a $219,996.15 $4 Construction Utility $231,385.10 �231,3$5.�0 $0 $0 Reconstruction Total $2,489,401.22 $S23,S17.$$ $1,740,860.14 $225,023.20 ASSESSMENT DISCUSSION: State Statute 429 has t�va rnajor points to consider when justifying asse�srnents, first, ihe asses�inent has to treat similar praperties equally, and second, the a�naunt of the assessment has to be equal to ar less t�an t�e resu�ting increas� in property value. We have explored a number of different options �'or establishing an assessment rate for this year's project. These options are described in detail in the feasibiliry report. All of tl�ese options include the private drive properties being assessed at the rate established by Qptio�: 1 a� described above. Option A: Use assessable frontage to establish assessrt�ent rate. ($47.911 foot) Option B: Add in Railroad frontage ta determin� assessment rate. {$34.49/ foot)