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6/14/2011 <br /> Feedback <br /> taV.P., ws,-`'? <br /> ❑ Of the 9 owners that contacted us: <br /> 2 are in favor of the district <br /> O 3 are undecided <br /> O 1 is against <br /> O 3 did not state their inclination <br /> ❑ Virtually all thought the project should be built but <br /> that it should be paid for by someone else <br /> ❑ Staff estimates that if a vote were taken today <br /> approximately 75% of the weighted votes would <br /> be in favor of the district. <br /> Summary <br /> p,- i. F , .` s.' 2�.. r, i..= r, T_ 4a .o;t�.M�4"xkiu...at.K�r�.dl. �x5 ��r�'•ee�F <br /> ❑ Approximately $4.5 M is proposed to be funded by an <br /> assessment district. The City is responsible for <br /> approximately $1.5M which will be funded from DFSI, SS <br /> enterprise fund, and RDA. The remainder will be funded <br /> by other property owners within the district. The amount <br /> funded by the District will be reduced if other sources of <br /> funding are found. <br /> ❑ Schedule: Assuming a district is approved we can issue <br /> bonds by February 201 2 and be ready for construction in <br /> summer 201 2. <br /> 4 <br />