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December 13,1989 523 <br /> Steve Gaidts,LSD Underwriter,reviewed the financing of the LID and <br /> tM1e LIO payment schetlules. <br /> Charles Macaulay,Appraiser,reviewed the feasibility of the project <br /> and the determination of the special benefit to each property <br /> He stated the value of tto improvements a c <br /> r. <br /> eed the at and <br /> area fair and proportionate to all property owners. <br /> an98odeec NS va stated now s the time to hear individual protests <br /> d bj bions, Y8 I <br /> A letter from Shockey and Associates wasread into the record, <br /> stating they represent the proposed purchasers of property <br /> identified asLot 1(Solea). The final is proposed for <br /> $154, vs Original estimate of <br /> $269,000. They agree with the <br /> final assessment, given the tract ted between the <br /> oclty and owne for development rezone <br /> this sltaii but <br /> Ptiandliy eo en that the ilanning Staff has llegetl wanted t° <br /> wetland issue On the Solie site, a pa tentiel <br /> fReid Shockey, Shockey k Associates representing the proposed <br /> inalaser oP Lot i, epented that they a not <br /> of publlcoracent co fira°tion but da cant the wetlandjis°ue ga tmatter <br /> mrd for further reference. <br /> Nr.Burroughs noted the following exhibits: <br /> 1• Staff Report <br /> ect Slides <br /> 3. Finae <br /> lAssessment Roll <br /> 4. Shockey 8 Associates Letter <br /> President Nitaaskedif any property owner within the LID has not <br /> filed a written notice but wishes to file a written protest n and <br /> address the Council concerning his or her objections. No o <br /> r plied. President Niven stated that n written protests were <br /> Piled. o more n8 <br /> coved by Councilmembex Langur, seconded by Ccuncilmember Diamond to <br /> lose etc public hearing. <br /> President Nita asked if anyone else wished to speak and n If <br /> o ane <br /> replied. <br /> '1 <br /> merrowcith Palwheusesd. "tin"es <br /> Motion carried. <br /> COUNCIL BILL Ni.8912-121 <br /> FINAL READING: <br /> A.assessment <br /> ppdeein and assessments and <br /> ant roll f LID No. T28f for inthet etxeetad otilits 1 <br /> Improvements on Old Interurban north oP Everett Mall Waya <br /> the cost and provided by Ordinance NO.1397_87,and levying and assessing <br /> tracts, parcels ofnse land ox o thereof against h°s several <br /> on lathe <br /> assess e t roll. other proper[ a <br /> I <br />