MEMORANDUM

TO: Gary Superman, Assembly President

Members of the Kenai Peninsula Borough Assembly

THRU: Dale Bagley, Borough Mayor

THRU: Shane Horan, Director of Assessing

FROM: Clyde Johnson, Special Assessment Coordinator

DATE: February 3, 2005

SUBJECT: Resolution 2005-008, Mayor's Report for forming West Brook Estates Road Improvement Assessment District (RIAD) and proceeding with the improvement

Property owners in the proposed West Brook Estates Road Improvement Assessment District (RIAD) have worked with the borough administration to form the proposed RIAD. At its meeting of June 8, 2004, the Road Service Area Board adopted RSA Resolution 2004 - 06, approving the petition for formation of this RIAD prior to its circulation among benefited property owners and approving up to $106,978 as the RSA match for this project (see Attachment 1). A completed petition for the formation of the West Brook Estates Road Improvement Assessment District (RIAD) was received on December 7, 2004. The borough clerk subsequently certified the petition with 48 of 55 property owners (87%) of the property owners supporting the proposed district (see Attachment 2), sent all required notices to the property owner and published the required information concerning the proposed district as required by borough code. This matter is now presented to the assembly for approval to proceed with the project. Any objections received will be provided to the assembly on the hearing date. KPB 14.31.090 requires that the mayor's report accompany the resolution to proceed and that it contain the following information, all of which is detailed in the referenced attachments to this memo.

1) A legal description of the benefited parcels and a map of the proposed district. See Attachment 3, the estimated assessment roll, and Attachment 4, a map of the proposed West Brook Estates RIAD.

2) A description of the current condition of the rights-of-way proposed for improvement and a statement of the need for the proposed local improvement: See Attachment 5, a staff report directed to the RSA board dated May 5, 2004.

3) The proposed allocation of the cost of the improvement among parcels in the district is by equal allocation to each of the benefited parcels in the proposed district. See Attachments 3 & 5.

4) The estimated amount to be assessed against each parcel. See Attachments 3 and 5.

5) A profile of the parcels in the proposed district, including the nature of ownership and status of tax payments. See Attachments 5 and 6, the RIAD Profile Information Sheet dated February 3, 2005. There are currently no parcels within the proposed district delinquent in payment of real property taxes. This satisfies KPB 14.31.080, which requires that no more than 10 percent of the parcels in the proposed district be delinquent in the immediately preceding tax year.

6) Whether there are other special assessment liens against any of the parcels in the proposed district. There are no other borough special assessment liens on parcels in the district.

7) A description of any parcels that exceed the assessment-to-value ratio set forth in KPB 14.31.080(A). All of the parcels within the district are improved with single-family dwellings having sufficient value to support the estimated assessment lien of $1,945. See Attachments 3 and 5.

8) The method of financing the improvement, e.g., bonding, borough investment, or a combination. This project will be financed as a borough investment. See Attachment 7, a letter from the Finance Director.

9) All estimated costs of the improvement set forth in KPB 14.31.110. See Attachments 3 and 5, and also Attachment 8, the engineer's estimate of cost for this project.

Staff will be available at the February 15, 2005 assembly meeting to answer any additional questions.