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ABCS of Special Assessments Page 1 of 1 <br /> Star'Trjbune.corn MINNEAPDLIS -ST. PAUL, MINNESOTA <br /> • ABCS of Special Assessments <br /> January 26, 2008 <br /> ABCS of Special Assessments <br /> Special assessments are charges imposed on property owners to help pay for streets, <br /> sidewalks, sewers and other improvements that supposedly benefit that property. State <br /> law says the assessment can't be higher than the increase in the market value of the <br /> property that results from the improvement. <br /> Cities can assess homeowners for improvements ranging from roads to tree-plantings to <br /> freeway sound barriers. Many cities assess the same way for some projects: Developers <br /> usually pay for brand-new streets and sewers, and cities pay for repair of old sewer and <br /> water systems. However, cities handle road repairs and other assessments differently. <br /> Here are some examples: <br /> • Bloomington: Homeowners pay 25 percent of street reconstruction costs, with the city <br /> paying 75 percent. <br /> • • Brooklyn Park: Homeowners pay 70 percent of street reconstruction costs, with the <br /> city paying 30 percent. New street lighting is assessed at $750 per lot. <br /> • Eden Prairie: Homeowners paid 40 percent of the cost of rebuilding the one street <br /> that's been reconstructed there. <br /> • Edina: Street reconstruction costs are paid by homeowners. Curb and gutter <br /> construction is paid from a city utility fund. Most homeowners pay 75 percent of sidewalk <br /> costs; if they're close to a school they pay half. <br /> • Maple Grove: The city and homeowners share the cost of street reconstruction. <br /> • Minneapolis: Homeowners pay about 25 percent of the cost of street reconstruction <br /> while the city pays about 75 percent (the formula can vary slightly depending on the <br /> project). Sidewalk repairs are paid by homeowners. <br /> •Woodbury: Homeowners generally pay one-third of the cost of road reconstruction <br /> projects. <br /> 2008 Star Tribune. All rights reserved. <br /> • <br /> http://www.startribune.com/templates/Print This Story?sid-14446551 1/28/2008 <br />