1. City of Johnston East of Merle Hay Road Infrastructure Improvements Council Meeting – NW 55 th Avenue Street Special Assessment February 17, 2015

2. 1. Background 2. Street Special Assessment Agenda

3.  Planning Process ▪ Initiated October 2012 ▪ Steering Team ▪ Public Information - 6 Mtgs  Develop a Series of Projects  Methodology of Financing ▪ General Obligation ▪ Sanitary Sewer Connection Fee ▪ Street Special Assessment 1. Background

4. 1. Project Phases, Schedule and Costs Project Phase Description Project Schedule Design/Construction Total Project Costs Phase 1A Sewer Extension to NW 57 th Avenue Complete/Spring 2015 $780,000.00 est. $893,500.00 (actual) Phase 1BNW 55 th Avenue Summer 2014 to Spring 2015 Summer/Fall 2015 $3,560,000.00 est. 3,236,500.00 (opc) Phase 2NW 57th Avenue Summer 2015 to Spring 2016 Summer/Fall 2016 $4,020,000.00 est. Phase 3NW 54 th Court (south) Summer 2016 to Spring 2017 Summer/Fall 2017 $3,100,000.00 est. Phase 4 NW 60 th Avenue NW 54 th Court (north) NW 61 st Street Place Summer 2017 to Spring 2018 Summer/Fall 2018 $5,780,000.00 est. TOTAL $17,240,000.00 (org. est.) 17,030,000.00 (current) All Numbers are Preliminary

5. 1. Methodology of Financing Type of Project CostsFinancing Tools Water Water Utility (All City Rate Payers) Storm Water Storm Water Utility (All City Rate Payers) Sanitary SewerConnection Fee Street Improvements Special Assessment (Benefited Property Owner) General Obligation ( All City Property Taxpayers ) Design, Environmental, Lighting, Sidewalk/Trails, Utility Impacts, Right of Way Costs General Obligation (All City Property Taxpayers)

6. 1. Summary of Overall Project Financing Street Special Assessments (Paid by Benefited Property Owners) General Obligation (All City Property Taxpayers) 10% 79% 2% 9% Potential Initial Sanitary Sewer Connection Fees (Paid by Users) Potential Future Sanitary Sewer Connection Fees (General Obligation until Connection) Total Project Costs ($17,240,000) All Numbers are Preliminary

7. ▪ EMHR Special Assessment Policy (Jan. 20, 2015) ‐Determines what items will be assessed (32%) ‐Pavement removal, clearing and grubbing, excavation including topsoil, subgrade preparation or treatment, PCC paving, PCC driveways, erosion control, surface restoration and stabilization, traffic control, pavement markings, and permanent roadway signing will be assessed ‐Determines what items will not be assessed ‐New storm and sanitary sewers, water mains, sidewalk improvements, engineering fees, legal expenses, administration, street lighting, private utility relocations or right-of-way costs will not be assessed ‐Consistent with what has been communicated w/ Residence 2: Street Special Assessment

8. 2. Range of Special Assessments 32% of Eligible Street Assessment StreetProject Cost Eligible Street Special Assessment MinimumAverage80%Maximum Phase 1A (Trunk) $ 780,000.00$ 0.00 N/A NW 55th Ave $ 3,236,500.00 $ 1,076,330.00 $ 1,164.00 $ 8,018.00 $ 10,718.00 $ 20,118.00 NW 57th Ave $ 4,020,000.00 $ 1,224,000.00 $ 797.00 $ 6,486.00 $ 9,080.00 $ 12,261.00 NW 60th Ave $ 2,430,000.00 $ 774,000.00 $ 495.00 $ 5,470.00 $ 7,988.00 $ 9,538.00 NW 61st Pl $ 1,350,000.00 $ 322,000.00 $ 6,390.00 $ 7,360.00 $ 7,988.00 $ 8,387.00 NW 54th Ct $ 5,100,000.00 $ 1,488,000.00 $ 806.00 $ 7,888.00 $ 10,186.00 $ 14,623.00 TOTAL $ 17,240,000.00 $ 4,993,000.00 Does Not Include Non-Residential Land ClassificationsAll Numbers are Preliminary and on a per lot basis