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Commercial - The commercial formula shall be determined <br />on an 80/20 allocation of total project costs <br />associated with street construction (less storm sewer) <br />between the property owners and the City. The costs of <br />storm sewer improvements will be borne 100% by the <br />City. The costs of new curb and gutter will be <br />assessed 100% to the affected property owner. <br />3. Rehabilitated Urban Streets: <br />Residential and Commercial - The costs of rehabilitated <br />streets shall be assessed 50% to the affected <br />properties, including any cost associated with <br />installation or repair of curb and gutter. Any costs <br />associated with improvements to the storm sewer system <br />will be borne by the City. <br />4. Reconstructed Urban Streets: <br />Residential - When an urban street is reconstructed, <br />85% of the project costs shall be assessed to the <br />abutting property owners based upon an 8 "/3" urban <br />section the Maximum Assessment Rate X .5 shall apply. <br />5. Preventative Maintenance: The City shall perform routine <br />and regular preventative maintenance to the extent practical <br />on all streets in the City, until such time as the street <br />has aged or deteriorated to the extent that such maintenance <br />is no longer cost effective. <br />When the City has determined a street has surpassed its <br />useful life, no additional preventative maintenance shall be <br />performed. The only work performed will be the minimum <br />amount necessary to keep the street reasonably safe for <br />vehicular traffic. <br />All preventative maintenance shall be funded by the City for <br />streets where preventative maintenance is cost effective. <br />On deteriorated streets, no preventative maintenance shall <br />be performed except at the sole expense and request of the <br />adjoining property owners. <br />6. Assessment rates will be determined on an annual basis by <br />the City Council for each cycle of projects. The rates may <br />be based on factors such as assessment formulas contained in <br />this policy, appraisal recommendation, construction costs, <br />construction cost indexes, and advice of City staff. <br />7. In the event trunk line improvements for storm drainage are <br />made as part of a street improvement project, the City's <br />determination of the portion of costs attributable to an <br />undeveloped parcel may be assessed to that parcel in order <br />7 <br />