In order to be eligible for a latecomer agreement, the estimated cost of the improvement must not be less than $300,000. The cost of the improvement shall be determined by the city engineer, based upon a construction contract for the project, bids, engineering or architectural estimates, receipts or other information deemed by the city engineer to be a reliable basis for determining cost. Latecomer agreements may be applied for before or after completion of construction of the street project. (Ord. 1189 § 1, 2010).