The proposed project is a reconstruction of Midland Road with improvements that include curb and gutter, sidewalk, and trail.  Public Works staff had a neighborhood meeting in August 2017 with the property owners and have since met with the individual property owners to go over the project and the impacts to their property.  This project is proposed to be constructed as a Work Order which allows specific assessments to the properties.  Each property has a different assessment based on the cost of constructing improvements that may benefit only that property..  In general, the properties are being assessed for the curb and gutter, sidewalk or equivalent trail width, 5.5 feet of street to be installed and any construction necessary to match their property to the curb.  South Billings Blvd. Urban Renewal District (SBBURD) TIF and City funds are being used to reconstruct most of the road in the project and is consistent with how similar streets are being constructed in other neighborhoods.  In order to construct this project, Council must pass a Resolution of Intent and set a Public Hearing for the project in order to assess owners for their share of the improvement costs.

The Council may:

• Pass the Resolution of Intent and set a Public Hearing date of February 12, 2018; or
• Do not pass the Resolution of Intent. If the Council does not adopt the Resolution, the property owners cannot be assessed and the work will not occur because there is no other source of financing for the improvements.

The proposed project is funded through multiple sources, including direct property assessments, for a total estimated budgeted amount of $4,200,000.  

FY 18 Budgeted Amounts
Estimated Assessments	$920,000
TIF	$2,743,622
Gas Tax Funds	$400,000
Storm Drain Funds	$350,000

Funding budgeted in FY 18 is sufficient for the proposed project.

Staff recommends that the City Council approve this Resolution of Intent to construct W.O. 17-06 and set a public hearing date for February 12, 2018.