Laserfiche WebLink
1 <br />1 <br />the financial assistance received is greater than the "city cost," the remainder of the aid will be <br />placed in the Capital Improvement Fund to be applied towards other City projects. <br />9. Assessable Property. Property owned by the City and other political subdivisions including <br />municipal building sites, parks and playgrounds, but not including public streets, alleys, and <br />right-of-way, shall be regarded as being assessable on the same basis as if such property was <br />privately owned. Private right-of-way shall be assessable. <br />10. Individual Benefits. The City must construct improvements specifically designed for or <br />shown to be of benefit solely to one or more properties. The costs for these improvements will <br />be assessed directly to such properties, and not included in the assessments for the remainder <br />of the project. An example of this would be utility service lines running from the main lines to <br />the property. <br />11. Benefit Appraisals. In the event that city staff has doubt as to whether or not the proposed <br />assessments exceed the special benefits to the property in question, the City Council may order <br />benefit appraisals as deemed necessary to support the proposed assessments. As a general rule, <br />benefit appraisals may be ordered when the proposed assessment exceeds $5,000 for a standard <br />city reconstruction on a residential lot or $20,000 per acre for commercial or industrial <br />property. <br />12. Condemnation Awards. A property owner may elect to offset special assessments against <br />condemnation awards. In such case, the property owner must execute an agreement (Net <br />Assessment Agreement) with the City Council. <br />422 13. Sub2rade Corrections. All costs related to subarade corrections deemed necessary to <br />construct or reconstruct City streets will be considered a "city cost". <br />14. Rural to Urban Conversion. All costs related to converting an existing rural street <br />section to an urban street section will be considered a "city cost". <br />SECTION 7. METHODS OF ASSESSMENT. <br />Subd. 1. General Statement. There are different methods of assessment: per lot, adjusted front <br />foot, and area. The feasibility report will recommend one or a combination of these methods for <br />each project, based upon which method would best reflect the benefit received for the area to be <br />assessed. The City Council will select the preferred method of calculating the assessments at the <br />time the project is ordered. <br />Subd. 2. Policy Statement. The following methods of assessment, as described and defined <br />below, are hereby established as methods of assessment in the City. The order of the following <br />methods does not indicate order of preference. <br />A. "Adjusted Front Footage" Method of Assessment <br />The "cost per adjusted front foot" method of assessment shall be based on the quotient of the <br />"assessable cost" divided by the total assessable frontage benefiting from the improvement. For <br />the purpose of determining the "assessable frontage," all properties, including governmental <br />agencies, shall have their frontages included in such calculation. <br />The actual physical dimensions of a parcel abutting an improvement (i.e., street, sewer, water, etc.) <br />shall not be construed as the frontage utilized to calculate the assessment for a particular parcel. <br />Rather, and "adjusted front footage" will be determined. The purpose of this method is to equalize <br />assessment calculations for lots of similar size. Individual parcels by their very nature differ <br />6 <br />