1998-06-10 Packet - Laserfiche WebLink

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SECTION 3, cont. DISTRIBUTION OF ASSESSMENTS, cont. AREA METHOD; Assessments may be distributed accord- ing to the gross area of the benefited lot or parcel. The assessable area shall be expressed in terms of the number of acres or the number of square feet subject to assessment. Assessment = Area to be assessed (acres or square feet) X assessment rate per acre or square feet. Where appropriate, an allowance will be made for streets. When the area is platted, the deduction will be for actual and proposed street right -of -way. For unplatted land with no streets platted or proposed, a deduction of 20% of the gross acreage applies as a street credit. WEIGHTED UNIT /LOT METHOD; When the City Council determines that the assessable cost would be more equitably distributed on a unit basis all lots will be reviewed for conformity and a standard lot size will be determined. Any lot which could be divided to form more than one lot shall be given a weighted lot or residential equivalent unit. Each equivalent unit shall be charged with one assessment charge. Assessment = Assessable Cost Residential quiva ent units or Weighted Lots New subdivisions will generally use the unit /lot method or weighted lot method for all improvements. SECTION 4 SANITARY SEWER TRUNK Definition: Trunk sanitary sewer systems SEWER are defined as those improvements necessary SYSTEMS to collect wastewater for treatment. Such improvements include treatment facilities, lift stations and sanitary sewer lines in excess of eight (8) inches in diameter. 1 Assessable Cost: The assessable cost of the trunk sewer system equals up to a maximum of 50% of the total cost of the improvement. The remainder of the trunk costs shall be paid through core connec- tion charges. Distribution of Assessments: It is the policy of the City to distribute the assess- able costs of trunk sanitary sewer systems 5