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Storm Water Facilities, Charges, and Fund 11 <br /> <br /> <br />§ 51.05 EXEMPTIONS. <br /> <br /> The following land uses are exempt from facilities charges: <br /> <br /> (A) City, county, and state road and highway rights-of-way; <br /> <br /> (B) Lakes and ponds; and <br /> <br /> (C) City-owned property. <br />(1993 Code, § 405.05) <br /> <br /> <br />§ 51.06 SEPARATE FUND. <br /> <br /> All facilities charges, when collected, and all moneys received from the sale of any facilities or <br />equipment or any byproducts, will be placed in a separate fund, and used first to pay the normal, <br />reasonable, and current costs of operating and maintaining the facilities. The net revenues received in <br />excess of the costs may be pledged by resolutions of the City Council, or may be used though not so <br />pledged, for the payment of principal and interest on obligations issued as provided in M.S. § 444.075, <br />Subd. 2, as it may be amended from time to time, or to pay the portion of the principal and interest as may <br />be directed in the resolutions. <br />(1993 Code, § 405.06) <br /> <br /> <br />§ 51.07 ADJUSTMENT OF CHARGES. <br /> <br /> The City Council may by ordinance adopt policies providing for the adjustment of facilities <br />charges for parcels or groups of parcels, based upon land use data supplied by affected property owners, <br />which data demonstrates a runoff volume for the standard rainfall event substantially different from the <br />REF being used for the parcel or parcels. The adjustment will be made only upon recommendation of <br />the Public Works Director and will not be made effective retroactively. <br />(1993 Code, § 405.07) <br /> <br /> <br />§ 51.08 PUBLIC HEARING AND NOTICE. <br /> <br /> The city will hold a hearing prior to determining whether to build, construct, enlarge, or improve <br />facilities financed in whole or in part by the imposition of facility charges. Notice of the hearing will be <br />published in the official city newspaper at least 10 days prior to the date of hearing. Owners of all <br />property adjoining a proposed improvement will be mailed or served with a notice at least 10 days in <br />advance of the hearing. Failure to give mailed notice or any defects in the notice will not invalidate the <br />proceedings. <br />(1993 Code, § 405.08) <br />