The property owners along the 3500 block of Lynn Avenue have expressed interest in creating an SID to pave Lynn Avenue.  SID 1391 will construct curb and gutter and street paving to Lynn Avenue between 35th Street West and 36th Street West and to the east side of 36th Street West from Central Avenue to just north of Lynn Avenue.  There are twelve property owners on Lynn Avenue and they have returned a petition to the Engineering Divsion signed by seven of the property owners.  The only other property owner within the district is the commercial property at the corner of Central Avenue and 36th Street West which signed a waiver of right to protest at the time of construction of the building.  Due to the fact that two of the properties are corner lots and the city SID policy only allows assessments to be on the addressed side of the property, the City is contributing $40,000 of Gas Tax to the SID. 

The Council may:

• After holding a public hearing, approve the Resolution Creating SID 1391; or
• After holding a public hearing, do not approve the Resolution Creating SID 1391.

The total estimated costs of the Improvements are $190,000.00. The costs of the Improvements are to be paid from the following sources: (1) $150,000.00 of Special Improvement District bonds; and (2) $40,000.00 cash contribution from the City of Billings utilizing gas tax funds.

Staff recommends that Council approve the Resolution Creating SID 1391.