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<br />. <br /> <br />. <br /> <br />. <br /> <br />City of Arden Hills <br /> <br />street improvements. These types of street improvements include mill and <br />overlay, storm sewer, street reconstruction, sanitary sewer and water main. <br /> <br />All properties with tax exempt status and abutting new street reconstruction, <br />street reconstruction, or bituminous overlay improvements shall be assessed at <br />one hundred percent (100%) of the cost of the improvement. <br /> <br />1. <br /> <br />New Street Construction <br />a. Residential Property <br />All residentially zoned properties with frontage abutting construction <br />of a new street shall be assessed on a per unit basis for one hundred <br />percent (100%) of the cost ofthe street construction plus all associated <br />overhead costs. This one hundred percent (100%) assessment rate <br />shall apply, regardless of the street's classification (local, collector, <br />arterial, trunk highway); designation (County State-Aid Highway, <br />Municipal State-Aid Street); or jurisdiction (State, County or City). <br /> <br />2. <br /> <br />Street Reconstruction <br />a. Residential Equivalent Assessment Rate <br />All R-l and R-2 residentially zoned properties with frontage abutting <br />a street that is reconstructed shall be assessed on a per unit basis at the <br />residential equivalent assessment rate. <br /> <br />This rate shall apply, regardless of the street's classification (local, <br />collector, arterial, trunk highway); designation (County State-Aid <br />Highway, Municipal State-Aid Street); or jurisdiction (State, County <br />or City). <br /> <br />The residential equivalent assessment rate shall be based on fifty <br />percent (50%) of the cost of street reconstruction plus all associated <br />overhead costs for a typical residential street section. This residential <br />equivalent assessment rate shall be determined by the City Council, <br />and established by resolution on an annual basis, based upon <br />comparable project data available to the City. <br /> <br />b. All Otber Zoning Classifications Assessment Rate <br />All other zoned properties with frontage abutting a street that is <br />reconstructed shall be assessed on a per unit basis at the <br />commerciallindustrial equivalent assessment rate. <br /> <br />This rate shall apply, regardless of the street's classification (local, <br />collector, arterial, trunk highway); designation (County State-Aid <br />Highway, Municipal State-Aid Street); or jurisdiction (State, County <br />or City). <br /> <br />2003 Assessment Policy Manual - Page 16 <br />