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CCP 05-17-2004
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CCP 05-17-2004
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5/8/2007 1:19:32 PM
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11/14/2006 3:34:54 PM
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<br />Memo <br />City Council <br />2004 Revised Assessment Policy <br />page 2 <br /> <br />. Change the assessment methodology to the Unit Method. <br />. Residents will continue to be assessed at fifty percent (50%) ofthe surface construction <br />costs. <br />. No assessments for sanitary sewer, water, and storm water that are part of the PMP plan. <br />. Interest assessed on unpaid balances will be at prime rate plus two percentage (2%) <br />points. <br />· Senior Deferrals - qualification gnidelines are tied to the median household income in <br />Ramsey County. <br />. City Council retains the right to review each project on its own merit and to deviate from <br />any portion ofthe Policy as it deems proper. <br /> <br />RECOMMENDED ACTION: <br /> <br />The 2004 Assessment Policy Task Force and staff recommend the approval of the revised 2004 <br />Assessment Policy. <br /> <br />. <br /> <br />. <br /> <br />. <br />
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