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� <br />b. Gross area of inedium and high �e�S1Cy residential, <br />.� church and school properties times 1.25. <br />C. Gross area of conercial property times 1.5. <br />d. Gross area of industrial property times 2.0. <br />3. Assessment rates would be set as follows: <br />The base race shall apply to low density residential <br />properties. <br />The base rate times 1.25 shall apply to medium and high <br />densi�y residential, church and school properties. <br />The base rate times 1.5 shall apply to CORg11erC1dl property. <br />The base rate rimes 2.0 shall apply to industrial property. <br />4. Credits may be given for previous storm sewer assessments <br />existing systems and any future additional construction which <br />i� <br />may be necessary as determined by the City Engineer for <br />f complete service to each property. Credit rates for future <br />� <br />i <br />construction shall be based on current prices. <br />$a Phe City may determine thdt storm sewer trunk cost be <br />assessed to all properties within a respective storm sewer <br />taYing C,1Stf?G� under Minnesota Std��itE 444 (Taxing <br />i� Q15�CC1C�S)m <br />'s. <br />�;) Storm Sewer Lateral Rates <br />The l� Cerdl storm sewer proj ect costs �ti i 1 be assessed by one of <br />Cl1e following methods as deterznined by ehe City Council after the <br />project teasibi 1 it;� study, <br />� i..o�t.! �Q�si �aI eii�C {.�0t Basis <br />Dea�rman� �,he �pr�j number of lots and equivalent 10� units <br />��� receiving lateral benefit and divide the project cost equally <br />� <br />�ma r� g�. f't etlt u <br />26 <br />