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CITY OF LAUDERDALE <br />ASSESSMENT POLICY MANUAL <br />B. PRELIMINARY PLAT CONSIDERATION <br />Land could be considered for assessment based on preliminary plat consideration. The <br />consideration will occur only when the following scenario exists: <br />The City Council has approved the preliminary plat; and <br />A public hearing ordering the improvement project has not yet occurred. <br />In the event this exists, assessment frontages may be calculated based upon the <br />proposed lot configuration within the preliminary plat. Road right-of-way within the <br />proposed street alignment will not be subject to assessment <br />C. TAX-EXEMPT PROPERTY <br />Other than land under city ownership, there are three categories of tax exempt property. <br />Said properties are to be assessed as follows: <br />1, All aspects of this policy apply to tax-exempt property with the exception of <br />Section 5(B) entitled street reconstruction and resurfacing. The front <br />footage assessment rate for tax-exempt shall be determined by dividing <br />the project cost by the total number of adjusted front feet in the project <br />area x the individual adjusted front footage. It is important to note that the <br />assessments should not exceed the special benefits conferred. <br />State land is subject to assessment based upon procedures set forth in <br />Minnesota State Statutes, Section 435.19, subd.2. <br />County land and land owned by all other local taxing jurisdictions is <br />subject to assessment and shall be assessed in the same manner as if it <br />were privately owned, subject to the limitations set forth in Minnesota <br />State Statutes, Section 435.19, subd.1, as long as the assessments do <br />not exceed the special benefits conferred. <br />D. COMMERCIAL PROPERTY <br />All aspects of this policy apply to commercial property with the exception of Section 5 <br />(B) entitled street reconstruction and resurfacing. The front footage assessment rate for <br />commercial property shall be determined by dividing the project cost by the total number <br />of adjusted front feet in the project area x the individual adjusted front footage. <br />12 <br />