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m. <br /> the City Engineer for complete service to each property. Credit rates for <br /> • future construction shall be based on current prices. <br /> The City may determine that storm sewer trunk cost be assessed to all <br /> properties within a respective storm sewer taxing district under Minnesota <br /> Statute 444.16 through 444.21 <br /> 2. Storm Sewer Lateral Rates <br /> The lateral storm sewer project costs will be assessed by one of the following <br /> methods as determined by the City Council after the project feasibility study. <br /> 3. Lot/Equivalent Lot Basis <br /> Determine the total number of lots and equivalent lot units receiving lateral <br /> benefit and divide the project cost equally among them. <br /> • R-1 and R-2 residential lots at 100% of the total project cost <br /> • All other land uses at 100% of the total project cost <br /> B. Municipal State-Aid Construction Fund Contributions <br /> 0 When a Municipal State-Aid Street project includes either trunk or lateral storm sewer, which <br /> the Minnesota Department of Transportation (MnDOT) determines may be funded by <br /> Municipal State-Aid construction funds, the amount determined to be actually funded by <br /> MnDOT may be deducted from the total improvement costs to be assessed. <br /> C. Infrastructure Reconstruction Projects <br /> Any project or portion of a project that reconstructs an existing storm sewer system facility. <br /> A reconstruction project may occur in the existing alignment of the storm sewer pipe or on a <br /> new alignment, thus allowing the existing line to be abandoned or its status downgraded (i.e., <br /> trunk to lateral). <br /> All properties with tax exempt status and abutting new street reconstruction, street <br /> reconstruction, or bituminous overlay improvements shall be assessed at one hundred percent <br /> (100%) of the cost of the improvement. <br /> • <br /> 2004 Assessment Policy—Page 21 <br />