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(3) acres or $3 , 600 .00 . The remaining cost will be paid <br /> for by the Surface Water Utility and/or by an ad valorem411 <br /> property tax paid by the entire community or by other <br /> funds that may become available to the City for <br /> infrastructure cost recovery. Should a project be <br /> initiated on a particular street that requires storm <br /> sewer laterals which would be connected to the trunk <br /> lines, the Surface Water Utility would fund these <br /> expenses . <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 <br /> policy application is presented. A separate section <br /> (Section III) will identify the appropriate match= of <br /> method with a specific type of project and analyze why <br /> each is generally used. <br /> The purpose of assessment formulas is to allocate <br /> assessed costs among benefitted properties, the formula <br />