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<br />City of Arden Hills <br />2005 Assessment Policy <br /> <br />. <br /> <br />5. Watershed District <br />A formally eSlablished area and Board that protects and conlrols the water <br />management aspects of subdivisions and dcvelopments within the region. <br /> <br />B. Determining Storm Sewer Assessment Rates <br /> <br />1. Storm Sewer Trunk Rates <br />a. Design and estimate the total improvement cost of the ul1imate trunk <br />system needed to provide complete service to each property in Ihe <br />Service District considered. Also, in elude Ihe total cost of any existing <br />faeili1ies and/or previous storm sewer assessmenls to be credited. <br /> <br />b. Determine the base assessment rate by dividing the ultimate system <br />cosl described above by Ihe sum total of the following: <br />I) Gross area oflow-densily rcsidential properties times 1.0. <br />2) Gross area of medium and high density residential, church and <br />school properties times 1.25. <br />3) Gross arca of commercial property times 1.5. <br />4) Gross area of industrial property times 2.0. <br /> <br />c. Assessment rales would be sel as follows: <br />. The base rate shall apply 10 low density residential properties. . <br />. The base rate times 1.25 shall apply to medium and high-density <br />residential, church and school properties. <br />. The base rate times 1.5 shall apply 10 commercial property. <br />. The base rate times 2.0 shall apply 10 induslrial property. <br /> <br />d. Credits may be given for previous storm sewer assessments, existing <br />syslems and any tuture addilional construction that may be necessary <br />as delermined by the City Engineer for complete service 10 each <br />property. Credil rales for fulure conslruction shall be based on current <br />pnces. <br /> <br />c. The City may delermine Ihat storm sewer lrunk cost be assessed to all <br />properties wilhin a respective storm sewer taxing dislricl under <br />Minnesota Slalute 444.16 through 444.21 <br /> <br />2. Storm Sewer Lateral Rates <br />The laleral slorm sewer project costs will be asscssed by one of the <br />following methods as determined by the Cily Council after the projecl <br />feasibility study. <br /> <br />I. Lot/Equivalent Lot Basis <br />Dctermine the total numbcr of lots and equivalent lot units receiving <br />latcral bencfit and divide the project cosl equally among them. <br /> <br />. <br /> <br />2005 Assessment Policy Manual - Page 20 <br />