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2002_0520_packet
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2002_0520_packet
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10/7/2011 1:51:30 PM
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Tax exempt properties would be assessed on an assessable front footage basis, 50% of the <br /> cost of a 7-ton roadway based on the costs for that segment of the entire project. This <br /> would bring our policy closer into alignment with past practice on this property type. <br /> • All other properties would be assessed on an assessable footage basis at 100% of the cost <br /> for the specific type of roadway they abut. <br /> FINANCIAL IMPLICATIONS <br /> See Chris Miller's two attachments for impacts of revisions to special assessment policies. <br /> RECOMMENDED COUNCIL ACTION <br /> Direct staff as to desired changes to special assessments policy and to work with the City Attorney to <br /> return to the council with language changes that reflect the council's intent. <br /> Prepared by: Duane Schwartz <br />
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