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PROJECT IMPLEMENTATION <br /> The City's policy regarding new street improvements is to assess 100%of the project costs to <br /> benefitting,abutting properties usually based on front footage. Costs not assessed directly to <br /> abutting and/or benefitted properties will be paid by the City. On this project,the City's Special <br /> Assessment Committee recognized the unique layout of this roadway and wanted a per <br /> homeowner approach reviewed as well. <br /> The footage of roadway needing improvement from the intersection of Pequot Boulevard and <br /> Coleman Drive to the end of Coleman Drive is approximately 775-feet. For the front-foot <br /> approach,project costs would be split amongst the parcels,by the front footage as measured 30 <br /> feet back from the R/W line per the City's special assessment policy. It is proposed that the City <br /> would pick up the special assessment costs for the two properties on Pequot Boulevard on top of <br /> the hill because they have no feasible access to Coleman Drive. It is proposed that the City <br /> would also pick the special assessment costs for the lake frontage on the south side of Coleman <br /> Drive. <br /> For the per homeowner approach,project costs would be split amongst 10 homeowners.Two of <br /> the homeowners are the two properties on Pequot Boulevard on top of the hill and do not have <br /> feasible access to Coleman Drive. One"homeowner"is the lake frontage on the south side of <br /> Coleman Drive. It is proposed that the City would pick up the special assessment costs for these <br /> three homeowners. <br /> See the next page for a breakdown of how estimated special assessments were calculated. <br /> CITY OF PEQUOT LAKES Page 11 FEASIBILITY REPORT <br /> WIDSETH PROJECT NO.2021-12098 COLEMAN DRIVE <br />