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<br />AUG-10-95 THU 12:'59 MSA ST PAUL P.03 -- <br /> - <br /> . <br /> . . <br /> - <br />such om improvement. The CilY past and current interpretation of the Bolicy is that the II <br />City assesses 50% of the cost of overlay improvements to bcncfitting propeny owners. I <br />In the case of a typical residential area the assessment is based on assessable front <br />t()ot~ge. However, such a reduction il) ,the overall [tOnl footage for Benton Way would <br />result in cither an increase in the ~ssessment rate for this portion of the project to I <br />compensate for the diffcrence in 50% of the assessment cost; or an increase in the <br />overail assessment rate for the entire project, which would cause residents throughout <br />the City to participate in the improvements to outlot property owned by the Hunter's I <br />Park Homeowner's Association. <br />We hope this memo adequately addresses any questions or concerns you may have I <br />regarding this issue. Please contact our office if you have additional inquiries regarding <br />this issue. <br /> I <br /> I <br /> . I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> . I <br /> I <br /> I <br />