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Commission confirms special-assessment roll for South Eaton Water Main project
Summary
The commission confirmed Special Assessment Roll No. 923 for the South Eaton Water Main Project, approving a five‑year payment schedule at 7.75% interest to defray laterals' costs; no public comment was received at the hearing.
At a public hearing the commission adopted a resolution confirming Special Assessment Roll No. 923 for the South Eaton Water Main Project, which finances water-lateral work through assessments payable over five years at 7.75% annual interest.
Deputy Treasurer Ryan Katz presented the resolution and reminded the commission that notices were sent and the hearing of necessity had been approved July 13. There were no speakers from the public during the hearing. On motion, the commission ratified and confirmed the assessment roll and directed the city clerk to certify it to the treasurer for collection at or near the time of construction.
The resolution outlines that installment payments will run for five years with interest and lists estimated property‑level assessments in the council packet. Staff said details (SID numbers, addresses, and estimated costs) appear in the printed report for property owners.
Next steps: the clerk will endorse the roll and forward it to the treasurer for collection when construction starts; property owners will receive assessment notices as specified by code.
