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�� .�.� <br />Assess �tS�spe project costs at 1 O%-50% of total city cost, to be c�c�� by <br />the Council based upon intensity of the streetscape elements, character of the street <br />or functional classification. <br />C4A��NT`S <br />Concerns to be considered for these options are the potential for large disparities �€�t�# <br />assessment on Option 1. Another concern is the difficulty of preparation af a f��itjr <br />report with a range for option 3. It may be difficult to make a recommendation if the range is <br />too wide. <br />IL MSA Roadways <br />A. Original Options <br />Optian <br />Continue with current assessment policy language. R-1 and R-2 properties pay no <br />assessment for roadway improvements. Tax exempt properties pay on an assessable <br />front-footage basis 100% of the cost of a 7-ton roadway based upon the costs for that <br />segment of the entire project. Al( other properties are assessed on an assessable <br />footage basis at 100% of the cost for the specific type of roadway they abut. <br />Option 2: <br />No assessment of costs for roadway construction on MSA designated streets for all <br />property types. <br />tion 3 : <br />Based on the comments we were hearing from council members regarding special <br />assessments for R-1 and R-2 properties, we would propose the following changes to <br />the current policy: <br />� R- 1 and R-2 properties would be assessed on an assessable footage basis at 25% <br />of the cost of a 7-ton roadway based upon the costs for that segment of the entire <br />project. <br />� Tax exempt properties would be assessed on an assessable front footage basis, <br />50% of the cost of a 7-ton roadway based on the costs for that segment of the entire <br />project. This would bring our policy closer into alignment with past practice on this <br />property type. <br />� All other properties would be assessed on an assessable footage basis at 100% of <br />the cost for the specific type of roadway they abut. <br />