How much will the project cost and how is it paid for?

Staff is preparing a report for the Aug. 23 neighborhood meeting with updated costs and estimated assessments for the project. In 2021, the estimated project cost was approximately $28 million. A majority of the project will be funded by the city with the remaining costs paid for through special assessments by neighborhood property owners. Special assessments are a charge imposed on properties for a particular improvement that benefits the owners of those selected properties. They are a levy a city uses to finance, or partially finance, a particular public improvement. The amount of the charge bears a direct relationship to the value of the benefit the property receives.

Show All Answers

1. What is the proposed scope of the project?
2. How do I request a rain garden in my yard?
3. Who maintains the trail?
4. Why trails and not sidewalks?
5. Can the trails be concrete rather than asphalt?
6. What are the plans for traffic calming in Royal Oaks?
7. Will crosswalks be added in the neighborhood?
8. How will I access my home/mailbox during construction?
9. When will my street be reconstructed?
10. How will I know if my trees are impacted? Will the city replace it?
11. Will roads be narrowed?
12. How can we petition for sidewalks?
13. Why are curbs being replaced?
14. How will water be provided to homes during watermain construction?
15. How much will the project cost and how is it paid for?