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Financial implications: The total cost of the proposed 2000 PMP is estimated to be $940,260. This <br />amount is proposed to be financed as follows: <br />General Taxes (Bonds) $705,195 <br />Special Assessments $235,065 <br />Total $940,260 <br />Staff recommendation: Overall, the streets in this year's neighborhoods are in relatively good <br />condition. They were selected for inclusion in the 2000 PMP because they are among those few <br />streets that have not yet been reconstructed as part of the PMP. As discussed in the feasibility report <br />the council may wish to consider postponing the proposed 2000 PMP work until pavement <br />conditions deteriorate. <br />Staff recommends that we continue the public improvement process and schedule a public hearing. <br />Although resident input is expected at the public hearing, staff feels that all the hearings can be <br />completed in one evening. It is recommended that public hearings for the 2000 PMP be scheduled at <br />the regular City Council meeting on Monday, February 14, 2000, at 7: 15 p.m. <br />RECOI�TI�TENDED COUNCIL ACTION: <br />Adoption of a resolution receiving the feasibility report and scheduling public improvement hearings <br />for 2000 PMP projects for February 14, 2000, at 7: 15 p.m. <br />Prepared by: Debra Bloom <br />