Regular 2.
Regular City Council Meeting
- Meeting Date:
- 05/29/2012
- TITLE
- SID 1393 Fritz Subdivision Public Hearing and Resolution Creating District
- PRESENTED BY:
- David Mumford
- Department:
- Public Works
Presentation:
Information
PROBLEM/ISSUE STATEMENT
Some of the property owners within Fritz Subdivision have expressed interest in creating an SID to pave their existing gravel streets. Fritz Subdivision is located in the Heights, near Yellowstone River Road and Hawthorne Ln. SID 1393 will construct the missing curb and gutter, drive approaches, storm drain, and street improvements to Cottonwood Boulevard, Kenneth Street, Kelly Lane, and Eldora Drive within Fritz Subdivision. Sidewalk was not included in the SID due to the opposition of the neighborhood, close proximity to the bike path, and the short length of the streets with lack of connectivity. The Public Works Department held a public meeting with the property owners and conducted a mail survey and more than half of the owners are in favor of creating the SID. Per the City's SID policy, the City will need to pay for paving half of the width of the street and new curb and gutter along park frontage, which includes the bike path and along the non-addressed side of corner lots. The City would contribute $218,033.28 of gas tax funds and storm funds to the SID. Notices were sent out to all of the property owners within the district, and the protest period ends on May 18th. The protest count will be announced at the council meeting.
ALTERNATIVES ANALYZED
The Council may:
• After holding a public hearing, approve the Resolution Creating SID 1393; or
• After holding a public hearing, do not approve the Resolution Creating SID 1393.
• After holding a public hearing, approve the Resolution Creating SID 1393; or
• After holding a public hearing, do not approve the Resolution Creating SID 1393.
FINANCIAL IMPACT
The total estimated costs of the improvements are $413,033.28. The costs of the improvements are to be paid from the following sources: (1) $213,000.00 of Special Improvement District bonds; and (2) $218,033.28 cash contribution from the City of Billings utilizing gas tax and storm funds.
RECOMMENDATION
Staff recommends that Council approve the Resolution Creating SID 1393.