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that the cost of a Street Reconstruction be recovered by the adjusted front <br />footage method (Chapter 202, Section 202.09, Subdivision 2a). Making this <br />revision would give the City Council more flexibility in assigning assessment for <br />roadway major maintenance projects. <br /> <br />Staff is proposing an alteration of the existing ordinance 202.09, subdivision 2a <br />and 2b to the following: <br /> <br />202.09: APPORTIONMENT OF COST: <br />Section 202.09, Subd. 2 <br /> <br /> Improvement Type and Apportionment of Cost: <br /> <br />a. Street Reconstruction Including Curb and Gutter: The cost of street <br />reconstruction shall be recovered by either the adjusted front footage <br />method or the unit assessment method. The front footage rate shall be <br />determined by dividing the project cost by the total number of adjusted front <br />feet in the project area. The assessments per adjusted front foot may vary <br />depending on the underlying zoning of a parcel. Assessments for residential <br />properties which are on collector or arterial streets (MSA, county road) shall <br />be assessed for one hundred percent (100%) of the pavement surface and <br />base, up to a width of twenty six (26) feet, equally divided by both sides of <br />the street. This amount shall not exceed fourteen dollars and sixty cents <br />($14.60) per front foot. (Ord. 654, 2-14-00) The City shall develop a <br />financing policy for assigning cost associated with street <br />reconstruction projects, and as required by State Statute, will conduct <br />the necessary Public Improvement Hearings and Assessment <br />Hearings. <br /> <br />b. Street Resurfacing: Street resurfacing is commonly known and referred <br />to as street overlaying whereby a new bed of road material such as <br />bituminous is installed over an existing paved road to a specific thickness. <br />Assessments shall be determined by either the unit assessment method <br />or the adjusted front footage method at one hundred percent (100%) to <br />properties on both sides of the street. A mill and overlay to an existing <br />paved road will be assessed by the adjusted front footage method at one <br />hundred percent (100%) percent to properties on both sides of the street. A <br />recycle and overlay to an existing paved road will be assessed by the <br />adjusted front footage method at one hundred percent (100%) to properties <br />on both sides of the street. Assessments will be based on physical project <br />costs plus engineering, administration costs, ROW expenditures and other <br />related project costs. The method of rehabilitation or resurfacing shall be <br />determined by the Pavement Condition Index (PCI) of the combined <br />segments of the streets considered for the project. (Ord. 654, 2-14-00) The <br />City shall develop a financing policy for assigning cost associated with <br />street resurfacing projects, and as required by State Statute, will <br />conduct the necessary Public Improvement Hearings and Assessment <br />Hearings. <br />