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2 <br /> <br />3. MAXIMUM ASSESSMENT RATE – In no case will the assessable cost per <br />lineal foot exceed $80.26 for an urban, residential street or that amount adjusted <br />by the Consumer Price Index (CPI) for the Twin City Metropolitan Area with <br />2021 serving as the base year. <br /> <br />4. PREVENTATIVE MAINTENANCE – Work that involves a level of effort less <br />than that involved in reconstruction or rehabilitation, the extent of which is to <br />extend the life of the existing improvement. Preventative maintenance will <br />include but not be limited to crack filling, patching, and seal coating. <br /> <br />5. PROJECT COSTS – The cost of all necessary construction work required to <br />accomplish the improvement, plus engineering, legal, administration, financing, <br />capitalized interest, easement acquisition, and contingency costs. <br /> <br />6. RECONSTRUCTION – A project whereby many or all meaningful elements of <br />an existing street are being removed and replaced. This would include curb and <br />gutter, sidewalks, bituminous or concrete pavement, granular base and items <br />appurtenant to these elements. <br /> <br />7. REHABILITATION – A project in which curb and gutter, sidewalks, bituminous <br />or concrete pavement, granular base or items appurtenant to these elements are <br />modified or supplemented in-place, to restore the serviceability of the existing <br />street (i.e. bituminous overlays, cold-in-place recycling, etc.). <br /> <br />8. RURAL STREET – Any street that has no curb and gutter and/or storm sewer, or <br />does not otherwise meet current City design standards. <br /> <br />15. URBAN STREET – A street that has curb and gutter, storm sewer, and is <br />constructed to current City design standards. <br /> <br /> <br />SECTION II <br /> <br />GENERAL POLICIES AND PROCEDURES <br /> <br />The following are general principles, policies and procedures applicable to all types of <br />improvements: <br /> <br />1. Non-municipal funding sources such as Municipal State Aid (MSA) or grant <br />funds will not be credited to offset assessments as they will be utilized in a <br />revenue pool fund to offset total reconstruction program costs. <br /> <br />2. Special assessments will be levied as soon as practical. Normally this will be <br />within one year after substantial completion of the project. <br />