02-10-1993 Additions - Laserfiche WebLink

Home Browse Search

515 Little Canada Road, Little Canada, MN 55117 -1600 (612) 484 -2177 / FAX: (612) 484 -4538 MEMORANDUM MAYOR Raymond G. Hanson COUNCIL Beverly Scalze Jim LaValle Steve Morelan Bob Pedersen ADMINISTRATOR Joel R. Hanson TO: Mayor Hanson and Members of the City Council FROM: Joel Hanson, City Administrator DATE: February 9, 1993 RE: Proposed Assessment Policy for Street Reconstruction Based on the materials previously distributed with the agenda packet, the following four pages of spread sheet information were prepared showing various assessment participation percentages with and without storm sewer costs included in the assessable component of the project. The purpose of these spread sheets is to present an idea as to what rates could be assessed and the costs implications of same based on the policies reviewed from other communities. The key figures on these sheets is the area entitled "Appraiser." In this calculation, the appraiser has stated (based on his review of Lake Street and Vanderbie /Allen) that approximately 50% of the street costs (including storm sewer) could be assessed in addition to 75% of the costs of curb and gutter. As you will note, the range of assessments goes from a low of $38.75 per lineal foot on East Brooks to $57.37 on Vanderbie /Allen. It should also be noted that the appraiser had also indicated a justifiable assessment of approximately $50.00 to $53.00 per lineal foot for the Labore Road project based on his earlier review of this project. In developing an assessment policy, the three principal factors to consider are as follows: 1. Equity to tax payers and affected parcels 2. Project costs relative to City standards, soil conditions, and the availability of funds to pay for the City's share. 3. Benefits received Based on the survey information we obtained as well as the four spreadsheets we reviewed, one can readily determine Page 1