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<br /> <br /> <br />2004 Assessment Policy – Page 5 <br />The commercial/industrial equivalent assessment rate shall be based on seventy percent <br />(70%) of the cost of a bituminous overlay plus all associated overhead costs for a typical <br />commercial street section. This commercial/industrial equivalent assessment rate shall be <br />determined by the City Council. <br /> <br /> <br />C. Tax Exempt (non-profits, churches, schools, organizations, groups) Equivalent <br />Assessment Rate <br /> <br />All tax exempt properties with frontage abutting a street that is overlaid with bituminous <br />surfacing shall be assessed on a per unit basis at the tax exempt equivalent assessment rate. <br /> <br />This rate shall apply, regardless of the street's classification (local, collector, arterial, trunk <br />highway); designation (County State-Aid <br />Highway, Municipal State-Aid Street); or jurisdiction (State, County or City). <br /> <br />The tax exempt equivalent assessment rate shall be based on one hundred percent (100%) of <br />the cost of bituminous overlay plus all associated overhead costs for a typical residential <br />street section. This tax exempt equivalent assessment rate shall be determined by the City <br />Council. <br /> <br />Alley <br />All reconstruction shall be assessed 50% to the abutting properties. The assessment shall be <br />on a per unit basis for the property frontage on the alley. <br /> <br />Appurtenances <br />Appurtenances such as sidewalks, street lighting, trees, or other landscaping features are <br />often encountered during street improvement projects. Appurtenances to new street <br />construction, street reconstruction, or bituminous overlay improvements that are either <br />existing or needed by the City shall be included in the cost of the street improvement project. <br /> <br />Appurtenances constructed or provided in areas along an improvement project where they do <br />not currently exist, shall be one hundred percent <br />(100%) assessed to the benefiting properties on a per unit basis. The cost of these <br />appurtenances shall be separated from the cost of the street improvement project. All costs <br />of ornamental street lighting and/or any lighting shall be one hundred percent (100%) <br />assessed to the benefiting properties on a per unit basis. <br />