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<br />Con's <br />. November election would be required due to state constitutional limitations on incurring long <br />term debt. <br />. City Code revisions would be necessary if the City formed the LID in the County. <br />. An initial carrying of the assessments would be required until the LID assessments are in <br />place. <br /> <br />Summary <br />The financing of the Dry Creek Floodwater Diversion Project can be through the formation of a <br />LID by the County. Staff would like to solicit comments from Council on the fmancing <br />assumptions and the LID funding option for the Dry Creek Floodwater Diversion Project. <br />