Village Board - Regular


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  6.e.       
Meeting Date: 05/20/2019  
Topic:    Consideration for Assessable Footages & Estimated Special Assessment Rates, Project No. 72058
From: Tom Hoffman
Department: Engineering Services  
Date of Committee
Action (if required):
05/20/2019  
Date of Village Board
Action (if required):
05/20/2019

Information
Subject:
Consideration of the Assessable Footages and Estimated Special Assessment Rates for the Town Line Road and Lisbon Road Water Main - Redbud Lane to Taylors Lane, Project No. 72058.
Background Information:
On February 4th, 2019 the Village Board approved a preliminary resolution for this project that was the first step in the process for the Village Board to declare its intention to levy special assessments upon properties within the described areas for benefits conferred upon such property for the water main, water laterals, together with all appurtenances, restoration and all related work that will be installed as part of this project.  

The next step was to bid the project and use the bid numbers to calculate a special assessment rate and an amount that would be special  assessed upon the properties abutting this project.  These rates and amounts will be presented to the Utilities and Public works Committee for approval.

If the rates and amount are approved they would then be provided to the property owners and a public hearing would be held regarding the special assessment before the Village Board.  At that time the Village Board would decide on the award of contract..  If the project is awarded the project would be built and the final project numbers determined.  These numbers would be used to calculate the final special assessment numbers and a final resolution would be brought to the Village Board levying the Special assessments. 
Key Issues for Consideration:
Staff presented this item to the Utilities and Public Works Committee on April 15, 2019 and the committee directed Staff to bring the item back to Committee with a Estimated Special Assessment Rate if Sanitary Sewer was added to the project.  Staff calculated a estimated rate for a possible sanitary sewer and will present it at the meeting.
Action By Committee or Village Board:
Approve the Assessable Footages and Estimated Special Assessment Rates for the Town Line Road and Lisbon Road Water Main - Redbud Lane to Taylors Lane, Project No. 72058.

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