#6 Waiver of Special Assessments - East Side of Wright Road
DEPARTMENT OF PUBLIC WORKS MEMORANDUM
ENGINEERING DIVISION
November 2, 2009
TO: City Council
FROM: Margaret Duerr, Engineering Division
SUBJECT: For Council Consent Agenda on November 9, 2009, Waiver of Procedure for
Special Assessments for Sanitary Sewer for the East Side of Wright Road
(Parcel 0304100003) – Sara Investment Real Estate
.
Staff Recommendation
The Engineering Division recommends approving this item along with other consent agenda
items.
Request
Sara Investment Real Estate, requests to waive the special assessment procedure and allow
these assessments the use of the 5-year payment plan.
Background
Sara Investment Real Estate is the property owner on the east side of Wright Road and will
be assessed for watermain improvements on Wright Road based on frontage. The
watermain is required to serve the Dean Clinic / St. Mary’s Hospital project located at the
southwest corner of STH 11/Wright Road.
Eric Schwartz of Sara Investment Real Estate has signed the necessary waiver document
which allows the charges to be spread over five years with interest at 7.00% on the unpaid
balance.
The following chart shows assessment charges:
Owner/Developer Water Main Total Assessments:
Sara Investment Real Estate $9,481.73 $9,481.73
Sara Investment Real Estate current outstanding assessment balance is $0.00.
CC: Eric Levitt
Jacob J. Winzenz
Mike Payne
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