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3. PREVENTATIVE MAINTENANCE - will be defined as work that involved <br />a level of effort less than that involved in reconstruction or <br />rehabilitation, the extent of which is to extend the life of the <br />existing improvement. Preventative maintenance will include but <br />not be limited to crack filling, patching, and seal coating. <br />4. RURAL STREET - any street that has no curb and gutter or storm <br />sewer, or does not otherwise meet City design standards. <br />5. URBAN STREET - a street that has curb and gutter, storm sewer, <br />and is constructed to City standards. <br />SECTION II <br />GENERAL POLICIES AND PROCEDURES <br />The following are general principles, policies and procedures <br />applicable to all types of improvement: <br />1. Project costs shall include the cost of all necessary <br />construction work required to accomplish the improvement, plus <br />engineering, legal, administration, financing, capitalized <br />interest, easement acquisition and contingency costs. <br />2. Assessable costs are project costs minus any City and County <br />share and other credits. MSA funds will not be credited to <br />offset assessments as they will be utilized in a revenue pool <br />fund to offset total reconstruction program costs. <br />3. Special assessments will be levied as soon as practical. <br />Normally this will be within one year after completion of the <br />project. <br />4. Special assessments are intended to reflect the influence of <br />of a specific local improvement upon the value of the property. <br />Where the results of applying the foregoing rules appear to <br />result in an equitable assessment, the comparative market values <br />of the lots in the area shall be considered, the ultimate test <br />being that the market value must increase by the amount of the <br />assessment. <br />5. Publicly owned properties, including but not limited to municipal <br />building sites, schools, parks, County, State and Federal <br />building sites, but not including public streets and alleys, are <br />regarded as being assessable on the same basis as if such <br />property were privately owned. <br />6. Revenue sources for these types of improvements will be many, <br />including,,but not limited to assessments, MSA Funds, <br />infrastructure replacement funds, bonded indebtedness and general <br />tax levies. <br />Page 8 <br />