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92-007 RES . . . RESOLUTION 92 - ~ RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION ESTABLISHING THE ASSESSMENT RATE FOR MUNICIPAL STATE AID STREET IMPROVEMENT PROJECTS WHEREAS, the City has adopted a revised assessment manual on March 6/ 1989/ which requires assessment rates for Municipal State Aid street improvements be established by resolution; and, WHEREAS, the City last increased the assessment rates in May, 1989; and, WHEREAS, the 1989/ 1990/ and 1991 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 assessment rate for municipal state street improvements shall be $20.00 per front foot for residential zoned property and $27.00 per front foot for multiple family, commercial, and industrial zoned property. Passed and adopted by the City Council of the City of Elk River this 17th day of February, 1991. --)---7' 04) ~""" j~~AA rJ/l fI!l/f4,/LP' James'A. Tralle, Mayor ATTEST: lerk