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Council creates special-assessment district for Altru Sports Complex site work; one dissent
Summary
The committee created a special-assessment district tied to site work for the Altru Sports Complex, approving an engineer's report for $8.7 million of assessable improvements while the overall site work estimate is $11.8 million; Council Member Osovskiy recorded a dissent.
The Committee of the Whole approved creation of a special-assessment district to finance site work for the Altru Sports Complex project, adopting an engineer’s report that describes $8.7 million in assessable improvements.
“That first procurement package includes all of the utilities, paving, and site work,” city project manager Lieberman told the committee and said the total estimate for site work is currently $11,800,000. “That strategy includes a combination of some of the cash funds, the enterprise funds, such as water, wastewater, stormwater, infrastructure, and it also includes a portion that will be special assessed.”
Lieberman and finance staff described the planned financing mix: utility enterprise funds (water, wastewater, stormwater and streets) will fund the portions that directly serve…
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