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ASSESSMENT POLICY <br />1. Consolidated Rate <br />As part of PMP, street costs for all residential streets built that year will be <br />combined to establish one uniform assessment rate. <br />2. Citv Policv-Residential Streets <br />a. Assessment based on assessable footage. <br />b. Taxable properties zoned R-1 and R-2 assessed 25% of street <br />reconstruction costs, 75%--City as a whole. <br />c. Properties zoned other than R-1 and R-2 and non-taxable property are <br />assessed 100% of the cost per foot. <br />d. Corner lots on local streets and M. S.A. streets or local streets and <br />county roads will be assessed a minimum frontage equal to the short <br />side frontage when the local street is reconstructed. <br />3. Utilitv Adjustment or Main Re�airs <br />Funded by appropriate utility fund. Cost not assessed. <br />4. Utilitv Services <br />Private sewer or water services replaced as part of project (from main to <br />properry line). Cost paid by properry owner. May be assessed with the street <br />assessment. <br />