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i • <br /> Zr1=1! =FIRM s <br /> xistai* satasprisas would like to finish Via , is <br /> Lamb Lafayette It. to licCas l in Held. this ya <br /> . • . o de t is, an imp rovess�edt astrict k, <br /> -.. .ie tb be formed. ?b*'a .ty has saw <br /> lily foe aortal* portions of Via <br /> a this ii. as issue to discuss to is - sa 1 <br /> aooamplxsh that one get tbo-work done as t <br /> • <br /> ad . .Baas $Maas p� <br /> 3+ir leas x.sldsoit*s al <br /> .aocth of Tia , 'Medley <br /> that it would be appropriate to do the antis*: <br /> cross e.ation as opposed to a half-seotioa. <br /> Tom Royt, Kcltain President, stated that the <br /> advantage to Kcltain Development would be that the <br /> obligation could be spread over a period of time. <br /> probably 10 years. It would be inpossibi. for <br /> Maitain to finanoi this project without a Special <br /> Improvement District backing. <br /> Leery asked it the homeowners in this district <br /> would be assessed both a major thoroughfare tae <br /> and the bond assessment. Raft explained that part <br /> of the major thoroughfare fund would be put toward <br /> the retirement of this bond and would elininate <br /> the double assessment. <br /> If Council is so inclined, Rundley would contact <br /> someone with expertise in Special Improvement <br /> Districts who can answer questions and/or concerns <br /> in depth. <br /> Hoyt felt that there would most likely be some <br /> savings in doing both sections at the sane tine <br /> and hops to have the project finished in 1915. <br /> Bundlay suggested that it may be pushing to have <br /> the project finished this year due to statutes <br /> pertaining to Public Searing requirements, etc. <br /> Traffic is now going through Windmill Pointe on <br /> roads that are not designed as collectors or <br /> arterials and once Via Appia is finished, it will <br /> aocoamodate a lot of traffic as a na jor corridor <br /> to get to the 0.1. 34 Interchange, according to <br /> Sundley. also, Kcitais feels that commercial ' <br /> days l opme't oou l d opt happen without this prolect. <br /> Leary moved that staff be authorised to proosd <br /> and prepare more dsts►i led information for Council <br /> with regard to a Special Lspcovamest District tone <br /> $attain. Mayor Meier s.ckooded. eaimous• <br /> 4 <br />