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97-008 RES RESOLUTION 97 - 8_ A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION ESTABLISHING THE ASSESSMENT RATE FOR STREET RECONSTRUCTION IMPROVEMENT PROJECTS WHEREAS, thc City has adopted a revised assessment manual on March 6, 1989, which requires assessment rates for street reconstruction improvements be established by resolution; and WHEREAS, the City last increased the assessment rates over two years ago; and WHEREAS, the assessment rates have been determined to need to be increased to offset rises in construction costs; NOW, THEREFOR.E, BE IT RESOLVED by the Elk River City Council of the City of Elk River, Minnesota: The street assessment rate for residentially zoned property shall be $36 per assessable front foot and commercial, indusu'ial, and all other zonings shall be $42 per assessable front foot. Passed and adopted this 27th day of January, 1997. ATTEST: ar~dra A. Thackera3~ / /~Ienr) A. D~.~-~smin, Mayor 230/331-1709.jan