Updated- Staff Report to the Hearing Examiner and City Council:
Valbridge Property Advisors have released the final special benefit/proportionate assessment study for the City of Sumner LID No. 78 (Pacific LID No. 6–Valentine Avenue SE/136th Avenue E Local Improvement District). Summary data on each parcel within the LID boundary is shown on the spreadsheet following page 8. More detailed property description information based on Pierce County Assessor’s office data, is contained in the appraiser’s files.
The Local Improvement District (LID) project widened Valentine Avenue SE from two lanes to three in a 63±-foot wide right-of-way in the City of Pacific and created a 73±-foot wide 136th Avenue E right-of-way in the City of Sumner, together with curbs, gutters, sidewalks, storm drainage improvements, bike lanes, landscaping, street illumination and signalization improvements at Stewart Road SW and Valentine Avenue SE and new signalization at 24 Street E and 136th Avenue E (see Addenda for more detailed breakout).
Total estimated LID-funded project cost is $4,299,073 for the City of Sumner and $5,352,660 for the City of Pacific.