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Agenda Packets - 1997/05/12
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Agenda Packets - 1997/05/12
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Last modified
1/28/2025 4:47:56 PM
Creation date
6/28/2018 2:40:49 PM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
5/12/1997
Supplemental fields
City Council Document Type
City Council Packets
Date
5/12/1997
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multiplied by the unit cost ($1, 200 . 00 per acre) to <br /> maximum amount of three (3 ) acres or $3 , 600 . 00 . The <br /> remaining cost will be paid for by the Surface Water <br /> Utility and/or by an ad valorem property tax paid by the <br /> entire community or by other funds that may become <br /> available to the City for infrastructure cost recovery. <br /> Should a project be initiated on a particular street that <br /> requires storm sewer laterals which would be connected to <br /> the trunk lines, the Surface Water Utility would fund <br /> these expenses . • - ' . - <br /> • . - .. - - ., -- - . . . . • - - . <br /> • <br /> • <br /> .- . - -. . . .. <br /> • - - .. - - . -. . -- . .♦ - - - - <br /> .- . ..- ,,.. . •- - -. . • . <br /> - <br /> • - , • .- - IMO.- - <br /> I . Special Conditions . Special consideration shall be <br /> given to the "age" of a street or utility system when <br /> determining the proportion of cost to be assessed to <br /> benefitted properties . If it is necessary to reconstruct <br /> or resurface a street or perform major repair/replacement <br /> work on sewer and water utilities, before a reasonable <br /> amount of time (10 to 12 years for resurfacing, 12 to 17 <br /> years for partial reconstruction and 17 to 25 years for <br /> total reconstruction) the assessment shall be calculated <br /> on a pro-rated basis . The remaining cost shall be <br /> recovered by means of the general ad valorem property tax <br /> paid by the entire community or by other funds that may <br /> become available to the City for infrastructure cost <br /> recovery. <br /> Section II . Chapter 202 . 09 Subd 3 of the Mounds View Municipal <br /> Code is amended to Read: <br /> Subd. 3 METHODS OF ASSESSMENT <br /> a. The nature of an improvement determines the method <br /> of assessment. The objective is to choose an assessment <br /> method which will arrive at a reasonable, fair and <br /> equitable assessment which will be uniform upon the same <br /> class of property within the assessed area. The most <br /> frequently recognized assessment methods are: the unit <br /> assessment, the front footage assessment and the area <br /> assessment . Depending upon the individual project, any <br /> one or a combination of these methods may be utilized to <br /> arrive at an appropriate cost distribution. City staff <br /> will consider all methods and weigh their applicability <br /> to the project and present a recommendation to the City <br /> Council in the form of a mock assessment roll (or rolls) . <br /> A description of each assessment and its corresponding 411 <br /> policy application is presented. A separate section <br />
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