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LEAGUE OF <br />MINNESOTA <br />CITIES <br />SECTION 1. GENERAL POLICY STATEMENT. <br />This sample policy was compiled by <br />Ehlers & Associates Inc. at the request of <br />the League of Minnesota Cities. <br />CONNECTING & INNOVATING <br />SINCE 1913 <br />SPECIAL ASSESSMENT AND TRUNK AREA POLICIES AND PROCEDURES FOR <br />PUBLIC IMPROVEMENTS AND MAINTENANCE COSTS <br />SECTION 1. General Policy Statement. <br />SECTION 2. Improvements and Maintenance Costs Eligible for Special Assessment. <br />SECTION 3. Initiation of Public Improvement Projects. <br />SECTION 4. Public Improvement Procedures. <br />SECTION 5. Financing of Public Improvements. <br />SECTION 6. General Assessment Policies. <br />SECTION 7. Methods of Assessment. <br />SECTION 8. Standards for Public Improvement Projects. <br />SECTION 9. Policies of Reassessment. <br />SECTION 10. Assessment Computations. <br />SECTION 11. Deferment of Assessments. <br />The purpose of this policy is to establish a fair and equitable manner of assessing the increase in <br />market value (special benefit) associated with public improvements. The procedures used by the <br />City for levying special assessments are those specified by Minnesota Statutes, Chapter 429 which <br />provides that all or a part of the cost of improvements may be assessed against benefiting <br />properties. <br />Three basic criteria must be satisfied before a particular parcel can be assessed. The criteria are as <br />follows: <br />1. The land must have received special benefit from the improvement. <br />2. The amount of the assessment must not exceed the special benefit. <br />3. The assessment must be uniform in relation to the same class of property within the assessment <br />area. <br />It is important to recognize that the actual cost of extending an improvement past a particular <br />parcel is not the controlling factor in determining the amount to be assessed. However, in most <br />cases the method for assigning the value of the benefit received by the improvement, and therefore <br />the amount to be assessed, shall be the cost of providing the improvement. This shall be true <br />provided the cost does not demonstrably exceed the increase in the market value of the property <br />145 UNIVERSITY AVE. WEST PHONE: (651) 2814200 FAX: (651) 281 4299 <br />ST. PAUL, MN 55103 -2044 TOLL FREE: (800) 925 -1122 WEB: WWWLMC.ORG <br />