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20210315 Fish Point Road - Assessment Hearing
Fish Point Road Phase 1 Reconstruction Project March 15, 2021 Phase 1 Assessment Hearing Nick 1 Project Location Map Phase 1 (2021) Timber Trail Omega Trail Glory Circle Millers Circle Hidden Oaks Circle Terri Circle Timberview Street Phase 2 (Tentative 2023) Fish Point Road Nick 2 Fish Point Road - Phase 1 Reconstruction Nick/Andy 3 Fish Point Road – Phase 1 Reconstruction Special Assessments Per the City’s 40% special assessment policy: $24,000/unit Special benefit consultation prepared Proposed Assessment Rates: Single-family - $9,000/unit Subdividable lot (1.5 Units) - $13,500 Al-Mahmood Property - $17,820 Proposed Assessment Terms: 10-years 4.04% interest rate Nick/Andy 4 Fish Point Road Reconstruction Assessment Map 60.5 Units - $562,320 Al-Mahmood Property - $17,820 Nick/Andy 5 Fish Point Road – Phase 1 Reconstruction Monica 6 Sample Assessment Payment – Single Family Nick/Andy 7 Important Dates Nick/Andy 8 Fish Point Road – Phase 1 Reconstruction Pre-Construction Neighborhood Meeting Thursday, April 1 6:00 – 7:30pm Twin Oaks Middle School North Parking Lot (tentative) Project Communications Project website fishpointproject.com Project email info@fishpointproject.com Project helpline 952-737-4683 Kirsten 9 Sample Assessment Payment – Subdividable Lot Nick/Andy 10 Sample Assessment Payment – Al-Mahmood Property Nick/Andy 11