Staff recommends that the City Council conduct a public hearing and pass the proposed resolution that spreads final assessments for SID 2925.

The assessments for SID 2925 have been completed by the Finance Division and are ready to be re-spread on the tax rolls. SID 2925 was originally spread based on estimated costs and is now being re-spread based on the completed construction costs. 

This project includes the reconstruction of and improvements to Mullowney Lane from the Midland Road/South Frontage Road intersections south to Elysian Road, including two-way left turn lanes, sidewalk on the west side, 10-foot wide multi-use trail on the east side, curb and gutter, storm drain, irrigation, streetlights, and a signalized intersection at the Elysian Road/Mullowney Lane intersection located mid-way between the South Frontage Road and Elysian Road.  

Letters to property owners notifying them of this hearing and the proposed assessment amount have been sent. 
 

City Council may:

• Approve; or,
• Not Approve, The property owners will not be assessed, and the General Fund will be responsible for paying for the improvements.

The actual cost of the project was $535,634.44. This is 74,595.71 less than the original estimate that was spread to the district in 2023. The amount being assessed per property will be reduced and spread over the remaining 10 years of debt term, as stated in the resolution.