Consent 1.K.
Regular City Council Meeting
- Meeting Date:
- 01/12/2015
- TITLE
- Resolution of Intent to Create SILMD 314 and set a public hearing date
- PRESENTED BY:
- David Mumford
- Department:
- Public Works
Presentation:
PROBLEM/ISSUE STATEMENT
The Engineering Division has a street reconstruction project planned for Calhoun Lane in the summer of 2015. The project will include installation of street lights along those portions of Calhoun Lane that do not already have street lighting. Passage of this Resolution of Intent is the first step in the legal process of creating a lighting maintenance district to pay the costs of operating and maintaining the new lighting. Passage of this Resolution of Intent will trigger the mailing of legal notices to the affected property owners and set a Council public hearing at the February 9, 2015, City Council meeting.
The new lighting will use steel mastarm style poles with LED lamps and underground wiring. The cost of installing the new lighting will be paid for with funds from the South Billings Urban Renewal District (SBURD). The adjacent property owners will only pay for electrical energy and maintenance, through an assessment on their property tax statements. The estimated annual cost for a typical residential lot with 140 feet of frontage on Calhoun is $127. Due to the difference in time between when the new lighting will be turned on and the first tax assessments are collected, the first year tax assessment may be higher or lower than the estimated annual assessment.
The new lighting will use steel mastarm style poles with LED lamps and underground wiring. The cost of installing the new lighting will be paid for with funds from the South Billings Urban Renewal District (SBURD). The adjacent property owners will only pay for electrical energy and maintenance, through an assessment on their property tax statements. The estimated annual cost for a typical residential lot with 140 feet of frontage on Calhoun is $127. Due to the difference in time between when the new lighting will be turned on and the first tax assessments are collected, the first year tax assessment may be higher or lower than the estimated annual assessment.
ALTERNATIVES ANALYZED
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The Council may: • Pass the Resolution of Intent to create SILMD 314 to provide a source of funding for operation and maintenance of the streetlights and set a public hearing for February 9, 2015; or • Do not pass the Resolution of Intent or set a public hearing date. If the Council does not adopt the Resolution, the property owners cannot be assessed for operation and maintenance of the streetlights and the new lighting will not be installed. |
FINANCIAL IMPACT
All costs of maintaining and providing energy for the lighting are paid from assessments against the properties within the light district. There are no City owned properties within the district.
RECOMMENDATION
Staff recommends the City Council approve a resolution of intent to create SILMD 314 and set a public hearing for February 9, 2015.