Agenda - Council - 05/23/1995 - Laserfiche WebLink

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!Collector Street ImnJovemen,t~. ~The City's design~t[d Municipal State Aid system of roadways has evolved into a ~network of cotlex:to :central trunk arterie.~ . and benefit the math impact upon a neighl All collector pedes~ !excess fight of wa' ~associated with col ~bituminous and cure i The most equitable ~ to be collected at tin i builciing permit. TI~ builder and the lan' 'follows: $1500.00 pel final plat app · ** $400.00 per ; application. The developer shall will reimburse any ri annually by the City and are to be used improveman~s and p the City's municipal streets that direct traffic to distribution point~ connecting with such as State and County. hi,ways. While collector streets serve community, certain aspects of construction provide a more local ~orhood and should be borae by that specdie area. an related improvements i.e., bikeways, sidewalks, trail systems plus are designated as area-wide-beneficiaries. While actual costs tstruction of the collector street such as eng~aeerLug, grading, and gutter installation are deemed to be reimbursable from MSA anding approach is to be a two-der fee incorporating an acreage fee ~e of developer's agreement, complemented by a road charge on the distribution method shares the financial responsibility between the owner/developer. The Collector Su:eet Fees are calculated as Development Acreage Fee act developer acre of property, due and payable at time of 'oval. Buildin8 Perrrfi_ 't Lot Fee_ :esidential lot or RED unit due at time of building permit :ledicate up to a maximum of 60 feet of fight-of-way and the City ght-of-way in excess of 60 feet at a p~ a~eage rate to be determined Council. The fees are to be dedicated to the Collector Street Fund [or the purpose of reimbursement of excess ROW, collector street edestrian trail improvements associated w~th such MSA streets and ~hare of County road related trail improvemeats. 13 I I I I I I I I I I, i I i I I I I ! I