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'r , <br /> 7 I <br /> May 11,1988 187 <br /> [r2ttnr:e:eg:dCalgiln=ke'lrm'Ete;:treeentr'S'tePAPan'sorrn'dnNT,;:ng,',: <br /> Motion carried. <br /> COUNCIL COMMENTS 1 <br /> ICI:LI'Vo In Inat%d a ,Taty"rrta h"antcrt he ree'agrer aCIle s'aVs Ts°tulTra <br /> 1 ! <br /> PUBLIC HEARING <br /> ,v 1 <br /> k <br /> President Niva opened the hearing by stating the purpose is to <br /> consider the closure of the final assessment roll for Local <br /> improvement District No 722, 112th Street SE and vicinity sanitary [,[1[ [ <br /> sewers. <br /> Blair Burroughs, Special LID Counsel, stated as no protests have ,/ <br /> been received and no public is here to testify, it would be , 1 <br /> appropriate to have the staff presentation and then if there is no <br /> other testimony to be presented, council can begin their <br /> deliberations on 1 <br /> llgapproving and confirming the assessment roll. 4., r 1 4 t <br /> Cea Stron, LID Administrator, stated LID 722 was formed via a 1 <br /> majority petition method in 1986 for the purpose of installing <br /> sanitary sewers in the 112th Street neighborhood. The LID boundary <br /> was enlarged and all property benefiting by the sanitary sewer is <br /> included <br /> 1 <br /> Ms Strong stated this sanitary sewer project is more expensive than 1 ,.t <br /> a normal sanitary sewer because of the extreme sewer depth needed to <br /> pick up the trunk line in the area and to serve the neighborhood and <br /> the sewer only serves the northaide of the street The extra casts .[L''' <br /> , [ <br /> are off-set by a savings from the publicly financed standard street <br /> improvement that is being constructed by the same contract. This /P 4 I <br /> X:'greettocrent1=1:grtlestuleteed ffT:t'..X.77.'":0"..°f the <br /> about the same as would normally be expected of e sanitery sewer LID. I <br /> I. Strong stated the total cost of LID 722 is$283,890 This cost q 11 <br /> hes been spread to the properties within LID 722 in proportion to <br /> p <br /> the special benefits to each of the properties <br /> The Special Benefit Stuo,y was performed by an independent fee <br /> aPpraiser and shows that property owners will be assessed 280 for [!$ <br /> each dollar in increased property value they gained as a result of <br /> the sanitary sewer imProvemeoh. <br /> Ms Strong introduced the following exhibits 1,,1 14, <br /> EXHIBIT 1 Staff Report I e <br /> EXHIBIT 2 Special Benefit Study <br /> }1 + <br /> 1 ' <br /> 1 ' <br /> I t 41 <br /> ' 'I, <br />