HomeMy WebLinkAboutNovember 16, 1998levyhrgOFFICIAL PROCEEDINGS
COLUMBIA HEIGHTS CITY COUNCIL
SPECIAL ASSESSMENT LEVY HEAR1NG
NOVEMBER 16, 1998
1. ROLL CALL
The Levy Hearing was called to order by Council President Peterson at 7:00 p.m. Present were
Council President Peterson and Councilmembers Szurek, Jolly and Ruettimann. Mayor Sturdevant
was absent.
2. PRESENTATION BY STAFF
Public Works Director Hansen gave background information regarding the improvements made in
Zone 3. These improvements included street construction as part of the Street Rehabilitation
Program and sealcoating which was also part of this Program. He noted that the assessment rate
remained the same as that presented at the improvement hearings in January. The final costs
increased due to approved and pending change orders in the utility areas which were mainly storm
sewer and additional driveway work for grading match.
The Public Works Director is recommending a change of the interest rate from the current
9 1/2% to 8 %. This recommendation was made with the concurrence of the City Manager,
Finance Director and Bonding Consultant. A memo from the Finance Director was included in the
agenda packet which addressed this recommendation as well.