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<br />e <br /> <br />. <br /> <br />e <br /> <br />City of Arden Hills <br />2005 Assessment Policy <br /> <br />b. CommerciaIlIndustrial Equivalent Assessment Rate <br />All commercially or industrially zoned properties with frontagc <br />abutting a street that is overlaid with bituminous surfacing shall be <br />assessed on a unit basis at the commerciaIlindustrial equivalent <br />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 commereiaIlindustrial equivalent assessment rate shall be based <br />on seventy percent (70%) of the cost of a bituminous overlay plus all <br />associated overhead costs for a typical commercial street section. This <br />commerciaIlindustrial equivalent assessment rate shall be determined <br />by the City Council, and established by resolution on an annual basis, <br />based upon comparable project data available to the City. <br /> <br />c. Tax Exempt (non-profits, churches, schools, organizations, <br />groups) Equivalent Assessment Rate <br />All tax exempt properties with Irontage abutting a street that is <br />overlaid with bituminous surfacing shall be assessed on a per unit <br />basis at the tax exempt 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 tax exempt equivalent assessment rate shall be based on one <br />hundred percent (100%) of the cost of bituminous overlay plus all <br />associated overhead costs for a typical residential street section. This <br />tax exempt equivalent assessment rate shall be determined by the City <br />Council, and established by resolution on an annual basis, based upon <br />comparable project data available to the City. <br /> <br />Allev <br /> <br />All reconstruction shall be assessed 50% to the abutting properties. The <br />assessment shall be on a per unit basis for the property frontage on the <br />alley. <br /> <br />2005 Assessment Policy Manual- Page 5 <br />