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HomeMy WebLinkAboutCCRes_91-11a• No R-91-i1(a) CITY OF FALCON HEIGHTS C O U N C I L R E S O L U T I O N Date 2/27/91 A RESOLUTION AMENDING THE CITY'S ASSESSMENT POLICY WHEREAS, the City Council of the City of Falcon Heights has determined it is necessary and equitable to amend portions of the City's present assessment policy; NOW, THEREFORE, be it resolved by the City Council of the City of Falcon Heights that the assessment policy be amended as follows: 1. The residential assessment rate shall be changed from 2/3 (two-thirds) assessment to property owners to 50 (fifty) percent assessment for street and storm sewer improvements. 2. Tax exempt property shall be taxed at 100 (one-hundred) percent of the residential equivalency rate. Moved by Ciernia YEAS NAYS BALDWIN CIERNIA 5 In Favor GEHRZ WALLIN 0 Against JACOBS A roved b ~~ Mayor 2/27/91 Date / ~~, ~' f, G Attested by,„~ i ity er Adopted by Council 2/27/91 2/27/91 Da e •