Some of the property owners on Macona Lane have expressed interest in creating an SID to reconstruct Macona Lane.  Macona Lane is located north of Rimrock Road just west of Virgina Lane.  SID 1394 will construct the missing curb and gutter, drive approaches, and street improvements to Macona Lane.   Due to the narrow existing right of way, sidewalk is not possible to construct along Macona Lane.  The Public Works Department 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 the non-addressed side of corner lots.  The City would contribute $25,566.71 of gas tax funds and storm funds to the SID.   

The Council may:

• Approve the Resolution of Intent to Create SID 1394 and set a public hearing for the July 9, 2012 City Council Meeting; or
• Do not approve the Resolution of Intent to Create SID 1394.

The total estimated costs of the improvements are $131,566.71. The costs of the improvements are to be paid from the following sources: (1) $106,000.00 of Special Improvement District bonds; and (2) $25,566.71 cash contribution from the City of Billings utilizing gas tax and storm funds.

Staff recommends that Council approve the Resolution of Intent to Create SID 1394 and set a public hearing date for July 9, 2012.