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4.50.02 <br /> <br />4.50.03 <br /> <br />50% of the cost for second and subsequent sealcoating applications on City <br />streets shall be specially assessed to the benefited property owners and the <br />remaining 50% shall be paid from the City's General Fund. <br /> <br />The payment for initial sealcoating on MSA streets Shall be paid fi:om MSA <br />maintenance ~nds. <br /> <br />Payment for second and subsequent sealcoating applications on MSA streets <br />shall be paid fi:om the City's General Fund. <br /> <br />In the event the benefited property owners petition to defeat a sealcoating <br />project, the benefited property owners will be assessed 100% of the cost <br />when the sealcoating improvement is finally completed. The reason for this <br />100% assessment is that the cost of sealcoating is substantially increased <br />when a street has missed its normally scheduled sealcoating maintenance, <br />which sealcoating generally is on an every six-year schedule. <br /> <br />Subd. 4. Maintenance <br /> <br />b. MSA Funds <br />Sanitary Sewer <br /> <br />Subdivision 1. <br /> <br /> l. <br /> <br /> 2. <br /> <br />Subd. 2. <br /> <br />Current Revenue <br /> <br /> Improvement <br /> <br /> Total cost is assessed. <br /> <br /> Trunk benefit assessed by the R.E.C. method. <br /> <br /> Lfiteral benefit assessed by the unit method or fi:ont foot basis. <br /> <br /> Maintenance and Operations <br /> <br />a. Sewer Enterprise Fund <br /> <br />Storm Drainage <br />Subdivision 1. <br /> <br />bo <br /> <br /> Improvement <br /> <br />Trunk cost shall be assessed on an area basis as determined by City <br />resolution. <br /> <br />Total lateral cost is assessed to a development on an area basis. <br /> <br />4-16 <br /> <br />-3175- <br /> <br /> <br />