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515 Little Canada Road, Little Canada, MN 55117 -1600 <br />(65 1) 766 -4029 / FAX: (651) 766 -4048 <br />www.ei.little-eanada.mn.us <br />MEMORANDUM <br />TO: Mayor Fahey and Members of the City Council <br />FROM: Joel Hanson, City Administrator <br />DATE: February 6, 2004 <br />RE: Increase in Maximum Assessment Rates <br />MAYOR <br />Michael 1. Fahey <br />COUNCIL <br />Jim LaVatle <br />Matt Anderson <br />Rick Montour <br />13111 Blesener <br />ADMINISTRATOR <br />Joe! R. Hanson <br />In preparing the Feasibility Study for 2004 Street Reconstruction and Utility Improvements, the City <br />Engineer and staff reviewed the City's current assessment rates. Based on this review, staff is <br />recommending the following increases: <br />Maximum Residential Street Rate <br />Maximum Commercial Street Rate <br />Maximum Residential Watermain <br />Current Proposed <br />$50.00 <br />$95.00 <br />$5,443.00 <br />$51.50 /per front foot <br />$105.00 /per front foot <br />$5,600.00 /per lot <br />