June 1 2021 City Council Work Session Feedback

Staff had the opportunity to continue the discussion with the City Council on street funding at a work session on June 1. Staff heard support for Option #2 from the Street Funding Task Force Report. Option #2 would fund street reconstruction 100% with taxes with a transition period of 16-years. Council asked staff to provide examples of various assessment rates over the 16-year transition period. Staff intends to bring back a change to the assessment policy for council consideration later this summer. Thanks, Chad Millner, City Engineer