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City Council Regular Meeting — 09/13/04 <br />DRAFT Minutes - Page 11 <br />25% = 17.85 <br />Total from Assessment: 16,134.62 <br />Total from Infrastructure Fund: 98,633.44 <br />Pro'ect Number P-ST-03-02-68 <br />Construction Cost: $44,182.97 <br />Other Cost: 12,054.01 <br />Total Cost: 56,236.98 <br />Assessable FT/Units: 1, 028.06 <br />Assessment Per Unit: 100% = 54.70 <br />25% = 13.68 <br />Total from Assessment: 14,063.86 <br />Total from Infrastructure Fund: 42,173.12 <br />Ms. Bloom advised that there were no utility systems included <br />on these projects; and any public utility adjustments or repairs <br />would be paid from the City Infrastructure Fund. Ms. Bloom <br />noted that assessment deferral was available if certain criteria <br />were met and that applications were available at the City Hall <br />Engineering Department. Ms. Bloom further noted that <br />assessments could be paid up front or amortized over 15 years at <br />6-1/2% interest, beginning with payable 2005 taxes. <br />Ms. Bloom reviewed the 2004 Assessment schedule: <br />Date Action <br />September 13 Council conducts assessment hearings and continues <br />final ado tion until Se tember 27, 2004 <br />September 27 Council adopts assessment rolls for 2003 construction <br />ro' ects <br />September 28 — Assessment prepayment period at Roseville City Hall <br />October 27 <br />November 2 Certification of final assessment rolls to Ramsey <br />Count <br />Ms. Bloom noted that she would be available following tonight's <br />public hearing, in the City Hall Elm Room for individual <br />discussion with property owners. <br />Mayor Klausing opened the public hearing for Project Number <br />P-ST-03-02-61 at 6:48 p.m. <br />2004 Assessment Hearin Information <br />Pro'ect Number P-ST-03-02-61 <br />Construction Cost: $88,396.85 <br />Other Cost: 26,37121 <br />