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<br /> - '-~-- -"::.c....~,...~,.; ""'';' -; .~.r.. !---- <br /> -- - . <br /> ; <br /> I <br /> .. <br /> .. This residential .eQuivalent assessment rate shall be <br /> --' determined by the City Council and established by resolution <br /> - on an annual basis based upon comparable project data <br /> ~ available to the City. <br /> 2~ Commercial/Industrial EQuivalent Assessment Rate <br /> ~ <br /> All commercially or industrially zoned properties with <br /> , frontage abutting a street which is overlaid with bituminous <br /> .~ surfacing shall be assessed on a front foot basis at the <br /> -:..:.:. commercial/industrial eQuivalent assessment rate. This rate <br /> - <br /> I shall apply regardless of the streets classification (local, <br /> -. <br /> . collector, arterial, trunk highway); designation (County. <br /> - . State-Aid Highway, Municipal State-Aid Street); or <br /> I~. jurisdiction (State, County or City). <br /> . - <br /> The commercial/industrial eQuivalent assessment rate shall be <br /> J based on 50% of the cost of a bituminous overlay plus all <br /> . <br /> - <br /> , associated overhead costs for a typical commercial street <br /> '- section. This residential eQuivalent assessment rate shall <br /> I <br /> . be determined by the City Council and established by <br /> - <br /> [~ resolution on an annual basis based upon comparable project <br /> , data available to the City. <br /> .~ <br /> . d) A 11 ey <br /> --. All new alley construction or reconstruction shall be totally <br /> ; <br /> , <br /> , <br /> . assessed to the abutting properties. The assessment shall be on a <br /> r <br /> l front foot basis for the property frontage on the alley. <br /> r. <br /> ~ <br /> I <br /> l <br /> 34 <br /> ~ <br />