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<br />. <br /> <br />. <br /> <br />. <br /> <br />City of Arden Hills <br />2004 Assessment Policy <br /> <br />Street Reconstruction <br /> <br />a. Residential Equivalent Assessment Rate <br />All R-l and R-2 residentially zoned propertics with frontage abutting <br />a street that is reconstructed shall be assessed on a per unit basis at the <br />residcntial equivalent assessment rate. <br /> <br />This rate shall apply, rcgardless 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 bascd on fifty <br />percent (50%) of the total cost of strcct rcconstruction, including all <br />associated overhcad costs for a typical residential street section. This <br />residential cquivalent assessme rate shall be determined by the City <br />Council, and established by r lution on an annual basis, based upon <br />comparable project data aval!J the City. <br /> <br /> <br />b. Commercial Equiva <br />Classifications Assess <br />Commcrcial proJl <br />reconstructed sha <br />commercial/industri . <br />calculated b <br />a mixed <br /> <br />.ssessment Rate/All Other Zoning <br />ate <br />frontage abutting a street that is <br />"~sed on a per unit basis at the <br />ivalent assessment rate. The pcr unit basis is <br />verage neighborhood unit size, particularly in <br />d commercial) neighborhood. Larger sized <br />ay be sub-divided into smallcr units for assessment <br />ure equity. <br /> <br />This apply, regardless of the street's classification (local, <br />collector, crial, trunk highway); designation (County State-Aid <br />Highway, Municipal State-Aid Street); or jurisdiction (State, County <br />or City). <br /> <br />The commercial/industrial equivalent assessment rate shall be based <br />on seventy percent (70%) of the cost of street reconstruction plus all <br />associated overhead costs for a typical commcrcial street section. This <br />commercial/industrial equivalent assessmcnt rate shall be determined <br />by the City Council, and cstablishcd by resolution on an annual basis, <br />based upon comparablc project data available to the City. <br /> <br />Mill and Overlav Improvements <br /> <br />Mill and overlay improvcmcnts arc placed as a cost-effective measure to <br />extend the useful street life of a particular roadway and to delay street <br /> <br />2004 Assessment Policy Manual - Page 3 <br />