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�,:,�, i inR c�-UC t' IC 1 14 � Cy � 1 I i Uf' LITTLE CANADA FAX N0, 6514844538 P, 04 14 . I71�BAN STREET �- A street that has curb and gutter, storm sewer, and is constructed to current City design standards. 1 s. $"13" URBAN SECTION ' The basic street design section used by the City for urban, residential streets. It consists of eight inches (8") of Class V base and three inches (3") of bituminous surface for the roadway, concrete curb and gutter, as well as all incidentals normally associated with the street construction projuct. Xn sotne cases, this section will not be adequate due to soil conditions, tra�c loading drainage factors, etc. When a street is upgraded ftom this basic section in residential areas, the added costs associated with any upgrades will be borne by the city. SFCTION II GENERAL POLICTF�S_AND PRnC'F.niTRF.S The following are general principles, policies and procedures applicable to a11 typt�s of improvements: �, Municipal State Aid (MSA) finds will not be credited to offset assessments as they will be utilized in a revenue pool fund to offset total reconstruction program � � costs. .2, Spec�al assessments will be levied as soon as practical. Normally this will ,ae within one year after substantial completion of the project, Special assessments are intended to reflect the influence of a specific local improvement upon the value of the properiy. Where the results of applying the foregoing rules appear to result in an inequitable assessment, the comparative market values of the lots in the area shall be considered with the ultimate test being the increase in the market value of an affected parcel by at least the amount of the proposed assessment. (Special Benefit Principle.) 4. Publicly owned properties, including. but not limited to, municipal building sites, schools, parks, County, State, and Federal building sites, but not including public streets and alleys, are regarded as being assessable on the same basis As if such properry were privately owa��d. '1'he rate of assessment will be calculated utilizing the commercial formula. Revenue sources for these types of improvements will be many, including but not limited to assessments, MSA Funds, infrastructure replacement funds, bor.ded indebtedness and general tax levies. .�-.