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I I I Council Meeting Minutes September 10, 1985 Page Five Benke stated that the costs that were given for the assessments were maximum; the assessments being placed at this time will save the home- owners one year of interest and, if there are overruns, the city will assume those costs in terms of funding out of a closed bond fund. Janecek felt the city had never assessed when the project would not be completed within the same calendar year. Proper stated that as soon as the contract Vias let, the City was billed nine percent (9%). Benke stated that, with the advance funding, the County is drawing interest on what we pay them. For larger projects (ie. Long Lake Road) that would be a large amount going to the County; for curb and gutters, forty-four percent (44%) would be going to the County for Engineering and Administrative costs, which is a bit excessive; the overhead rate for the storm sewer is twenty-three percent (23%) which may be more realistic, even though it is still high. Harcus stated he has a problem assessing before any work has begun. Duane Jones, co-owner of 888 Building on ~L County Road 0, wanted to verify that there will be no storm sewer assessments on the 888 prop- erty; Proper responded there were no assessments for storm sewers on that property. Jones requested, also on behalf of Godfather's Pizza, an exit on County Road D; Harcus suggested Proper meet with Jones to see if it would meet the current standards; Proper stated he would meet with Jones along with a County representatives. As there was no further discussion, Harcus moved, seconded by Blomquist, to CLOSE THE PUBLIC HEARING. 4 Ayes - 0 Nayes, Motion Carried Motion by Harcus, seconded by Janecek to REFER THE CURB AND GUTTER PORTION OF THE COUNTY ROAD 0 PROJECT ASSESSMENT TO THE CITIZEN STUDY COMMITTEE AND TO DEFER THE STORM SEWER ASSESSMENT FOR ONE YEAR. 4 Ayes - 0 Nayes, Motion Carried Benke asked staff to determine from Ramsey County what traffic control system will be on County Road 0, hoping two different elevations won't remain during the winter; Harcus requested staff to ask the County when stop lights would be back in operation on Silver Lake Road. Council Business Harcus announced the Agenda would be changed and that Item VIII-2 (Con- Agenda Change sideration of purchase agreements for surplus city property - JLN De- velopment; Welsh Company; and R. L. Johnson Companies) would be con- sidered at this time, as one member had to catch a plane.