What this meeting did about specific topics, organized by issue rather than by document.
2018 road-improvement plan
The group revisited the 2018 road-improvement plan and discussed keeping Pinnacle Lake Estates in the plan, adding Old Viking Boulevard, removing Garnett for 2018, and using a roughly $400,000 capital-improvement target to adjust the five-year plan.
Agenda: A1. Speakers: Harry, Bill.
Pinnacle Lake Estates overlay
Pinnacle Lake Estates was described as a straightforward neighborhood overlay. Staff proposed a two-inch overlay because cracking was beginning, with an early estimate of $149,000 and an estimated assessment of $2,983 per unit; a later transcript passage appears to refer to the same project as $155,000.
Agenda: A3. Speakers: Shane.
Old Viking Boulevard overlay and assessments
Old Viking Boulevard was discussed as a larger road project with 65 benefiting properties, an estimated 50-percent assessment approach, and an estimated $4,100 per unit. The discussion also covered how to count units, how to handle split lots, flag lots, access-only lots, Green Acres or agricultural deferrals, and mailbox-relocation costs.
Agenda: A4, A5. Speakers: Shane, Harry.
Road-project financing
The financial adviser reviewed financing for the 2018 road projects and recommended a limited competitive, non-rated bond sale because of the small size and 10-year term. The group discussed backing out about $20,000 already included in estimates, a revised estimate around $685,000 for the evening’s scenario, interest and total-payment estimates, and options for using $280,000 in city cash to make early payments or reduce the bond size.
Agenda: A6. Speakers: Chris, Bruce, Corey.
Westbrook Drive possible paving
The council discussed whether Westbrook Drive should be paved as an add-on while Old Viking Boulevard work was being done. The issue was complicated by the fact that only four houses are on Westbrook, the gravel-to-pavement improvement could justify a higher assessment, and the residents might instead receive only a partial Old Viking access assessment if Westbrook were not paved.
Agenda: A5, A7. Speakers: Shane.
Public-improvement and assessment-hearing process
Staff reviewed the process still ahead: the council would need to approve feasibility reports and call public improvement hearings, later hold assessment hearings after better numbers or bids were available, and handle any written objections and possible district-court appeals before deciding whether to award work.
Agenda: A8. Speakers: Shane.
Future road project alternatives
The group briefly considered what would happen if Old Viking Boulevard did not proceed and noted that Garnett and 218th were comparable in cost, but starting a new project later would likely push bidding into June or July and could hurt bid pricing.
Agenda: A9. Speakers: Shane.