res_6622 - Laserfiche WebLink

Home

The code further says that on residentially used and zoned properties that are in existence, that those parcels, where possible, will only be assessed 22% of the actual cost of the improvement. Namely, if the cost - and I use the figure $100 for an example - if it really cost $100 to build half of that street, then the assessment rate would be $22 a foot. That's an exaggeration, and only for example. The rates are far lower than that. The commercial properties - and it's zoned commer- cial from here on, and replatted areas are proposed to be assessed at 100% of the actual cost. The code says that auto- matically anything higher than R-l or R-2 zoning is to be assessed at 100%. As I stated earlier, the lesser existing zoning of single family lots are only to be assessed at 22% of their cost. We had an informal meeting for some of the owners, but several of you couldn't make it. To help you understand where you are - this lot is being considered side lot. The next three are Obviously frontage because they are not on the corner. This is frontage, and those are commercial so they are being charged their lOO% rate. This is the side lot for that lot. This is only 70 feet, which is less than the length, so this is considered a front lot, and again, when we get to the platted (inaudible) considered at 100% of the cost of whatever their half of the roadway is. As I say, it's a recommendation of the staff, for the reasons given earlier, that this roadway be improved at this time so it will not have to be dug up again in the near future, and we don't feel after putting a temporary road back in, after constructing the utilities, will be a workable solution. It will cost money to put the road back, and I think in five years the road will be shot just from the construction activities. MR. POPOVICH: I'll probably make this more confusing. The published notice was in the amount of $207,214, and that was a combination of the most expensive alternatives, because we have to publish what the greater cost is. That included an Alternate 1 which is not before you, so corning to Alternate 2, and breaking it down by sub-matter, and this would include the sanitary sewer, watermain, cul-de-sac and streets for the Sam Cave plat, plus sanitary sewer and watermain on Transit Avenue. On the sewer main on the plat there's a total cost of $24,421 which will come out at $10.65 a foot. For the parcels on the south side of Transit, there is a cost of $6,990, and at the assessable feet available, that would be $13.50 a foot. The sanitary services, depending whether four inch or 6 inch would be $7,676 for 23 at four inch, and $4500 for 10 ser- vices at 6 inch. That comes out to $333 or $450 as the case may be. 4