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Council orders Chisholm Trail street-improvement project, caps property assessment at $4,500 per parcel
Summary
Following a feasibility study, the Corcoran City Council ordered full-depth reclamation of Chisholm Trail, set a maximum homeowner assessment of $4,500 and authorized staff to proceed with design and specifications; staff recommended a 10‑year repayment term at 4.41% interest.
The Corcoran City Council voted to order a street-improvement project on Chisholm Trail that staff recommends as a full-depth reclamation rather than an overlay. The council capped the maximum assessment per property at $4,500 after applying an eligible “free-overlay” credit of $4,500 to the $9,000 rehabilitation estimate.
City engineering told the council a feasibility study recommended grinding the existing pavement and base, installing drain tile to address high groundwater, and making spot drainage repairs. Staff said soils and groundwater conditions led them to recommend…
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