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5.4. SR 10-02-1995SEP-29-95 FR I 9 - 43 t`7SA ST PAUL i I= '~ I I ~ i September 27, 1995 `~"°__"~"; ; _;' ;File: 230-031-70 t'OSSI t,T~1G ~II,III,}k4 1326 f~ergy Pork ~ri4e Sl. Pouf. M~ j5 i ~8 6i2•~sA~•a384 I-a44 Ea8.2~23 Fax: bi 2•bad-~d tb Civrt E~:CI~:EE~'NG Nv~RpraaE~~.a~ aIWICtAat • ?Ir1!~!N!Nv SOtrO ~`=+STE :TR;iC~U~Tat Si;F'~''~iNG +phSurQTFT'Ca'r' :;,- ~C'~E :'S'~~Ei;",~rv .'.r~vh :r;;rE`~+ C~r,r~C~~S • OFFICES IN: ~Ilr~raEAPOIIs FRIG`R tA!CE Si, PAUL WASECA Mr. Pat Klaers City Administrator City of Elk River 13065 Orono Parkway P.O. Box 490 Elk River, MN 55330 R£: ASSESSMENT RATE INCREASES Dear Mr. Klaers: P 0 2 **ITEM 5.4.** In reviewing the City's Assessment Manual, it has come to my attention that it has been quite some time since the Ciry Council Iasi passed a resolution setting assessment rates fi7r street and storm drainage improvements. According to the Assessment Manual, the rates are set by Ciry Council resolution. The rates were Iasi increased over two years ago. 'That increase set the rates at $27.00 per foot for residential and $30.00 per foot far commercial and industrial. The rate for storm sewer was set at $8.04 per foot. Attached for your consideration is a draft resolution which seas the street assessrttent rate of residential property at $30.00 per assessable front foot, and for commercial, industrial, and all other types of property, the rate is $35.00 per assessable front foot. This resolution also deals with storm drainage improvements and sets that rate at $12.00 per front foot. The large percentage increase in this rate is recommended because of the policy change in the method of funding trunk storm drainage. The Storm Sewer Impact fee is only collected from developing property. So, in most cases, the Iateral assessment rate is all a property will pay for storm sewer. If you have any questions regarding the attached resolution, please call. Sincerely, MSA, CONSULTING ENGINEERS ~ ~~~~~~ Terry J: aurer, P.E. TJM:tw Attachment 031-2702.sep RESOLUTION 95 - _ • A RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION ESTABLISHING THE ASSESSMENT RATE FOR STREET AND STORM SEWER IMPROVEMENT PROJECTS Vi,'HEREAS, the City has adopted a revised assessment manual on March 6, 1989, which requires assessment rates for street and storm sewer improvements be estaf~lished 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 ltl CotlstruCtiOn 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 $:~0 per • assessable front foot and commercial, industrial, and all other zonings shall be $35 per assessable front foot. 2. The Iateral storm sewer assessment rate shall be $12 per assessable: front foot. Passed and adopted this 2nd day of October, 1995. Henry A. Duitsman, Mayor AT"1'EST: Sandra A. Thackeray, Ciry Clerk Z~o,us~-zi~s.~p