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• <br /> October 1,1986 397 <br /> emir Burroughs,Special Counsel for the L reviewed the different <br /> financingalternatives available for making property improvements. <br /> alsose tthis stated that es improvement was local in naturedna was o£ <br /> speciall benefit to those property owners within the LibIDboundaries. <br /> Burroughs <br /> ghs stated this is the critical time i the LID process. <br /> This is time for Council to decide if the LID should be formed <br /> by h determining as to.the necessity of the improvements the impact, <br /> the coat and he boundaries, <br /> cella Strong,CID Administrator,a that the purpose o this LID <br /> was the construction ofcomplete <br /> Cate standard arterial street <br /> o[improvement andintersection a improvements and storm <br /> ystem ane an 8 inch eta aid sanitary a ary to serve <br /> water <br /> the[props ie within thendietrlet boundaries, and a s13 inch water <br /> matin frrout': <br /> mr4eh A nue We pay. <br /> West ull o Everett�Mall 0N o8tree[6W end lett Place W ettf[omi4GM1Avenue <br /> TM1Ie p os fi LID ie befog[ t d by a petition o£t property <br /> fi3 p[cent a o Ueofet a property owners shaveigned <br /> the ep petition and 698.as t t of tithe p ape[ty wo e[ have els. <br /> signed h petition. The construction schedule shall begin j <br /> Prior to January 3,1989. <br /> Ms.Strong introduced the following exhibits: 1. <br /> 1. Proposed ordinance 6 staff report <br /> 2. <br /> nary asses a roll <br /> 3 resolution of intent <br /> 4 termination of Non-Significance <br /> 5. Majority Petition <br /> 6traffic study <br /> 6 slide <br /> protest letter from Cosmo A.Mannino <br /> The protest letter from.Cosmo N.Mannino stated he msw <br /> the o of <br /> the <br /> property located at 10005 4th Avenue,and he was givingonotice <br /> ao file damages against the City o Everett as his Property wenldhe <br /> lost ony the eng.,b9 tee Leede Aa could make it useless uls be �' <br /> residence,rental or for commercial use. <br /> auncilman Ov rstre tlosasked aee, if the property owners would be ,1 <br /> Ms. <br /> Sto ngM1stated <br /> tey would be compensated at 1008 of the appraised <br /> value Ii <br /> President Gipson asked 1f anyone in attendance wished to speak and <br /> no one replied. <br /> Moveclosed <br /> by Councilman Stephenson, seconded by Councilman tangos to <br /> the public hearing. <br /> Poll was called with all councilmen voting yes. , <br /> motion carried. <br />