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06-09-2004 Council Agenda
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06-09-2004 Council Agenda
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Assessment Policy <br />Street <br />Residential Formula <br />Assessed at 85°A of Street Construction Costs Based on: <br />• 8"/3" Urban Section <br />8" Sub -cut <br />8" of aggregate base <br />1 /z" of Bituminous base <br />1 '/" of Bituminous wear <br />• Width not exceeding 30 feet <br />• Concrete curb and gutter <br />0% of Storm. Sewer assessed <br />Maximum Street Assessment Rate of $51.50 <br />Commercial Formula <br />Assessed at 80% of City costs <br />100 % of Concrete curb and gutter costs <br />0% of Storm Sewer assessed <br />Assessment based on Actual Front Footage <br />Maximum Street Assessment Rate of $105.00 <br />Front Footage <br />• 75' Minimum if main access is to street <br />• 125' Maximum for single non- dividable residential lot <br />• Odd shape lot <br />Square foot area divided by 10;000 square feet multiplied by 75' <br />• Side Lot <br />20% of front footage <br />Watermain <br />• Installation assessed on a "per lot" basis (Without Current Service). <br />• The current maximum assessment rate for watermain is $5,600 per lot. <br />re Repairs are not assessed <br />
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