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<br />e <br /> <br />City of Arden Hills <br />2005 Assessment Policy <br /> <br />5. Watershed District <br />A formally established area and Board that protects and controls the water <br />management aspects of subdivisions and developments 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 ultimate trunk <br />system needed to provide complete service to each property in the <br />Service District considered. Also, include the total cost of any existing <br />facilities and/or previous storm sewer assessments to be credited. <br /> <br />b. Determine the base assessment rate by dividing the ultimate system <br />cost described above by the sum total of the followiug: <br />1) Gross area oflow-dcnsity residential 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 area of commercial propcrty times 1.5. <br />4) Gross area of industrial property times 2.0. <br /> <br />. <br /> <br />c. Assessment rates would be set as follows: <br />. The base rate shall apply to 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 to commercial property. <br />. The base rate times 2.0 shall apply to industrial property. <br /> <br />d. Credits may be given [or previous stonn sewer assessments, existing <br />systems and any future additional construction that may be necessary <br />as detennined by the City Enginccr for complete service to each <br />property. Credit rates for future construction shall be bascd on current <br />pnces. <br /> <br />e. The City may determine that stonn sewer trunk cost bc assessed to all <br />properties within a respective stonn sewer taxing district under <br />Minnesota Statute 444.16 through 444.21 <br /> <br />2. <br /> <br />Storm Sewer Lateral Rates <br />The lateral storm sewer project costs will be assessed by one of the <br />following methods as determined by the City Council after the project <br />feasibility study. <br /> <br />. <br /> <br />I. LotJEquivalent Lot Basis <br />Determine the total number of lots and equivalent lot units receiving <br />lateral benefit and divide the project cost equally among them. <br /> <br />2005 Assessment Policy Manual - Page 21 <br />