08-14-01 CCM - Laserfiche WebLink

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City of Lake Elmo Public Improvement and Assessment Policy Page 5 2, The replacement of services on private property shall be paid for by the property owner. 3. Roadway reconstruction and major maintenance projects accelerated on account of utility replacement projects shall be financed through the Utility Reserve Fund in ,'_ p�rtion to the remaining design life of the street. petitions for storm sewer projects shall be filed and accepted by the Council prior to January 1 of the year of construction. The Council may authorize accepting a petition after January 1 by special consent. 2. Projects may be initiated by petition of at least thirty-five percent (35%) of the property owners measured in area and/or frontage, and requires a majority vote of the City Council. 3. Projects may be initiated by the City Council in absence of an adequate petition and requires a four -fifths (4/3) majority vote of the City Council. 4. Projects initiated by property owners shall have their participation determined by land use, contributing area and rate of runoff. Project assessments shall be determined by multiplying the accessible area by the Council -established assessment rate taking into account land use and rate of runoff. I. Storm Sewer Proiects (Reconstruction and Maior Maintenance) 1, Storm Sewer Projects shall be incorporated and considered as part of roadway reconstruction and major maintenance projects, and assessed as part of the project. V. ASSESSMENT PERIODS DETERMINED BY TYPE OF PROJECT New construction projects may be assessed over a five (5) year period, with the exception of street lighting, which shall be limited to three (3) years. Reconstruction projects may be assessed over a ten (10) year period. Trunk water and sewer facilities may be assessed over a twenty (20) year period. Overlay projects may be assessed over a five (5) year period.