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CCP 09-13-2004
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CCP 09-13-2004
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<br />Maintenance/Rehabilitation Proiects <br /> <br />. <br /> <br />Concrete Pavement Restoration - Concrete pavcment restoration is a maintenance procedure <br />funded by the City. <br /> <br />Crack Sealing - Crack sealing is a maintenance procedure funded by the city. <br /> <br />Bituminous Seal Coating - Bituminous seal coating is a maintenance procedure funded by <br />the City. <br /> <br />Bituminous Surface Patching - Bituminous surfacing patching is a maintenance procedure <br />funded by the City. <br /> <br />Definitions & General Provisions <br /> <br />A. Assessment Rate <br /> <br />The assessment rate for any special assessment district is computed by dividing the total <br />assessable costs of such improvement by the total number of assessment units. <br /> <br />Residcntial Example: <br /> <br />Roadway Project Cost <br />Drainage Improvements <br />Sanitary Improvements <br />Water Main Improvements <br />Total Project Cost: <br /> <br />$601,000 <br />$205,000 <br />$245,000 <br />$38,000 <br />$1,089,000 <br /> <br />. <br /> <br />Assessed to Property Owncrs: <br /> <br />Roadway Project Cost <br />50% assessed <br />Number of units in the neighborhood <br /> <br />$601,000 <br />$300,500 <br />60 <br /> <br />Per Unit Assessment: $300,500 divided by 60 eqnals $5,008 <br /> <br />B. Assessable Costs <br /> <br />The assessable cost of an improvement shall be defined as those costs that, in the opinion of <br />the City Council, are attributable to the need for service in the area served by the <br />improvement. <br /> <br />. <br /> <br />2004 Assessment Policy - Page 6 <br />
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