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HomeMy WebLinkAbout2.d. 2023 Street Improvement Project Scope, Utility Connection Policy, & Financing EXECUTIVE SUMMARY City Council Work Session: February 7, 2023 AGENDA ITEM: 2023 Street Improvement Project Scope, Utility Connection Policy, & Financing AGENDA SECTION: Discussion PREPARED BY: Nick Egger – Public Works Director AGENDA NO. 2.d. ATTACHMENTS: None APPROVED BY: LJM RECOMMENDED ACTION: Guidance/Direction on Final Project Scope, Potential Change in Ordinance Requirements for Utility System Connections, and Option for Property Owners to Finance Added Project Expenses BACKGROUND The Council will be receiving the feasibility report for the proposed 2023 Street Improvements Project at the regular meeting on February 7th, and scheduling a public hearing for the March 7th City Council meeting in consideration of the final project scope and features. This project is unique compared to many that the City has taken on in recent years, in that it proposes to extend municipal utility systems into a neighborhood that is not currently served. Staff would like to discuss the following aspects that the project presents as it relates to utility system connection requirements, the limits of the project scope, and the potential for supplemental financing for homeowners of related project costs. Staff will walk through these elements during the February 7th City Council work session meeting. RECOMMENDATION Discussion, with staff seeking guidance to utilize in preparation for upcoming project public hearing on March 7th.