CITY OF HOMER

PUBLIC WORKS                                                       TELEPHONE (907)235-3170

3575 HEATH STREET        HOMER, AK 99603                                  FACSIMILE   (907)235-3145

                                                                               

 

 

MEMORANDUM 08-35

 

To:                   Walt Wrede, City Manager

From:               Carey Meyer, Public Works Director

Date:                March 5, 2008

Subject:           Establishment of Assessments

                        Spruceview Road LID and Noview Road LID

 


The Spruceview and Noview Road LID’s are complete and Public Works has accepted the projects.  These two LID’s are adjacent to one another and were completed as one project. Below are the original project costs (as estimated in 2004/2005) and our determination of actual project costs:

 

                                                                  Original Estimated  

Project                                                        Total Project Cost      

 

Spruceview Road LID                                      $    797,800    

Noview Road LID                                            $    387,384       

 

                                                                        $ 1,175,184

 

The actual cost of the two projects was $1,465,148. 

 

The increase was mainly due to the cost of constructing a “bridge” over Woodard Creek and the need for additional gravel to construct the road improvements beyond what was originally estimated in 2004/2005.

 

The property owner’s assessments do not change, since they are based on a fixed per frontage foot methodology.  Public Works will be presenting an ordinance to the City Council formally authorizing an increase to the budget for this project with a complete justification for the cost increase.                 

Recommendations:

 

The City Council schedule a public hearing on April 28, 2008 to establish the assessment roles for these two projects.