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ASSESSMENT POLICY <br />❑ Street <br />> Residential Formula for Upgrade to Urban Section <br />• Assessed at 85% of Street Reconstruction Costs Based on: <br />— 8'13" Urban Section <br />• 8 Inch Sub -cut <br />• 8 Inches of aggregate base <br />• 1 1/2 Inches of bituminous base <br />• 1 '/2 Inches 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 $50.00 per front foot <br />(Increased from 2002 rate due to construction cost inflation, no <br />deduction for seeding) <br />❑ Watermain <br />Y No Assessment for Relocation of Hydrants. <br />❑ Sanitary Sewer <br />> No Assessment for Repair Work. <br />❑ Private Utilities <br />> Full Cost Assessed to Property Owners <br />- 3 5 - <br />