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94-110 RES e RESOLUTION 94- 110 A RESOLUTION OF THE CITY OF ELK RIVER A RESOLUTION ESTABLISHING THE SURFACE WATER MANAGEMENT IMPACT FEE RATES WHEREAS, the City of Elk River has a need for surface water management throughout the community; and WHEREAS, the City of Elk River has completed a surface water management study; and WHEREAS, the surface water management study has assisted the City in determining which drainage improvements are necessary to help eliminate the most urgent surface water management problems; and e WHEREAS, the City has determined to fund the surface water management improvements through a variety of funding sources including a Surface Water Management Impact Fee; and WHEREAS, the City has determined that this Surface Water Management Impact Fee should be collected from the property owner at the time of platting, or in the case of existing lots, at the time of issuance of a building permit. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Elk River Minnesota: 1. The Surface Water Management Impact Fee for all rural (non~city sewer and water) single-family residential lots shall be $60.00 in 1994. On January 1 of each succeeding year, the rate shall increase three percent (3%). 2. The Surface Water Management Impact Fee for all urban (city sewer and water) single-family residential lots shall be $120 in 1994. On January 1 of each succeeding year, the rate shall increase by three percent (3%). e 3. The Surface Water Management Impact Fee for all non- single-family residential property shall be $720 per acre e in 1994. On January 1 of each succeeding year, the rate shall increase by three percent (3%). Passed and adopted by the City Council of the City of Elk River this 24th day of October, 1994. ATTEST: ~ '~~~~ Sandra A. Thackeray, City Clerk '/-" /' ,kLth;z. ;Henry" A. Duitsman, Mayor e e