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Assessment Hearings in Preston


Mon, Nov 10th, 2014
Posted in Preston Government

Two public hearings concerning assessments for St. Paul St. improvements and the North Industrial utility improvements were held on November 3 during the Preston City Council meeting. Only one property owner attended the hearings.

St. Paul St.

Brett Grabau, Stantec, presented numbers on the St. Paul St. (County State Aid Highway 17) improvements first. Two different assessment areas were noted. Root River Bridge to the Main St. intersection had more extensive work done, including new concrete curb and gutter, sidewalks, and driveway aprons. The mill and overlay is considered maintenance, so for that there is no assessment. Improvement costs for this area totaled $93,684.89 and will be assessed at a rate of $33.87 per frontage foot (the estimate had been $35-$45 per foot). This total amount doesn’t include the project costs for which the county is responsible.

The second area from Main St. to Fillmore St. had significantly less work done, as only portions of concrete curb and gutter, sidewalks, and driveway aprons were replaced. Property owners will only be assessed for improvements made adjacent to their property. Therefore, there will be six separate assessment rates ranging from $6.28 to $25.11 per assessable frontage foot.

The city pays 60 percent of street improvement costs with 40 percent being assessed to property owners. The city pays 50 percent of sidewalk improvement costs with 50 percent being assessed to property owners. The city pays 100 percent of utility trunk main improvements and 100 percent of mill and overlay improvements.

No comments were made by the public. A resolution adopting the assessment roll for St. Paul St. improvements was approved. The interest rate for property owners who choose to pay their assessments in annual installments is expected to be 3.74 percent.

North Industrial Park

Grabau explained that this is an expansion project to extend utilities to two parcels north of Highway 16, west of Highway 52 and those just south of Highway 16, west of Highway 52. The total cost for these utility improvements is estimated to be $264,205.12, which is slightly under early estimates. The water utility will be oversized to accommodate future expansion at a cost of $5,914, which will be paid by the city utility. State funding through the Minnesota Department of Employment and Economic Development (DEED) will cover $140,000 of the project c .....
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Preston maintains favorable rating

Mon, Oct 27th, 2014
Posted in Preston Government

At the Preston city council’s October 20 meeting, the sale of a general obligation bond was approved to finance utility extensions and improvements for the Industrial Park. Councilmen David Harrison and Charles Sparks were absent. Mike Bubany, D ..... 
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Preston Sets Alley Assessment Policy

Mon, Oct 13th, 2014
Posted in Preston Government

An addition to Preston’s assessment policy was approved at the city council’s October 6 meeting. About three weeks earlier, requests for several possible alley improvements had been discussed. Councilman David Harrison was absent. At that time ..... 
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Preston Sets Preliminary Levy

Mon, Sep 15th, 2014
Posted in Preston Government

The Preston City Council at their September 15 meeting unanimously passed a resolution setting the 2015 preliminary levy. The 2015 levy increase may be as much as 6.94 percent. In December when the final levy/budget is approved this increase may be ..... 
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Preston 2015 budget discussed

Mon, Aug 25th, 2014
Posted in Preston Government

The Preston City Council at their August 20 meeting discussed options the city has to limit the levy increase in 2015. Councilman David Harrison was absent. City Administrator Joe Hoffman introduced the discussion draft for the 2015 budget which re ..... 
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Preston works through property issues

Fri, Aug 8th, 2014
Posted in Preston Government

Numerous items on the August 4 Preston City Council agenda involved property issues. Councilman David Harrison was absent. Lot 1 (2.14 acres) of the Northwest Industrial Park is expected to be purchased by Rockny Moger, Bluff Country Manufacturing ..... 
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Preston wraps up details for North Industrial Park

Fri, Jul 25th, 2014
Posted in Preston Government

The Preston City Council worked through an unusually long agenda at their July 21 meeting. Councilman David Harrison was absent. A public hearing was held related to the proposed utility improvements for the North Industrial Park. Brett Grabau, St ..... 
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Preston approves bond sale for 2014 street projects

Fri, Jul 11th, 2014
Posted in Preston Government

At the July 7 Preston City Council meeting, Mike Bubany, David Drown and Associates, informed the council that the city’s favorable “AA/Stable” Standard and Poor’s rating had been reaffirmed. Councilman David Harrison was absent. The city ..... 
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North Preston regional pond planned

Fri, Jun 20th, 2014
Posted in Preston Government

Brett Grabau, Stantec, reviewed the feasibility report for a North Regional Pond at the Preston City Council’s June 16 meeting. Early in April when Grabau discussed the details of the feasibility study for the proposed North Industrial Park, se ..... 
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