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• <br />No R-91-i1(a) <br />CITY OF FALCON HEIGHTS <br />C O U N C I L R E S O L U T I O N <br />Date 2/27/91 <br />A RESOLUTION AMENDING THE CITY'S ASSESSMENT POLICY <br />WHEREAS, the City Council of the City of Falcon Heights has <br />determined it is necessary and equitable to amend portions of <br />the City's present assessment policy; <br />NOW, THEREFORE, be it resolved by the City Council of the <br />City of Falcon Heights that the assessment policy be amended as <br />follows: <br />1. The residential assessment rate shall be changed from <br />2/3 (two-thirds) assessment to property owners to 50 <br />(fifty) percent assessment for street and storm sewer <br />improvements. <br />2. Tax exempt property shall be taxed at 100 (one-hundred) <br />percent of the residential equivalency rate. <br />Moved by Ciernia <br />YEAS NAYS <br />BALDWIN <br />CIERNIA 5 In Favor <br />GEHRZ <br />WALLIN 0 Against <br />JACOBS <br />A roved b ~~ <br />Mayor <br />2/27/91 <br />Date <br />/ ~~, <br />~' f, G <br />Attested by,„~ i <br />ity er <br />Adopted by Council 2/27/91 <br />2/27/91 <br />Da e <br />• <br />