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95-065 RES e e e RESOLUTION 95 - 65 A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION ESTABLISHING THE ASSESSMENT RATE FOR STREET AND STORM SEWER IMPROVEMENT PROJECTS WHEREAS, the City has adopted a revised assessment manual on March 6. 1989, which requires assessment rates for street and storm sewer improvements be established by resolution; and WHEREAS. the City last increased the assessment rates over two years ago; and \VHEREAS. the assessment rates have been determined to need to be increased to offset rises in construction costs; NOW. THEREFORE, BE IT RESOLVED by the Elk River City Council of the City of Elk River, Minnesota: 1. The street assessment rate for residentially zoned property shall be $30 per assessable front foot and commercial, industrial, and all other zanings shaH be $35 per assessable front foot. 2. The lateral stonn sewer assessment rate shall be $12 per assessable front foot. Passed and adopted this 2nd day of October, 1995. ATTEST: - Sandra A. Thackeray, City Clerk 2~O!031.2108.sep