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Individual service lines installed directly to specified properties are fully assessed directly to the <br />benefited properties. Properties that have existing water services, but do not have mainline <br />watermains adjacent, across or up to their property lines pay 80% of the assessment rate for the <br />new watermain as well asbut 100% of the cost associated with replacing their service lines. <br />Any existing service lines found to be defective as part of the project, are replaced as Hart of the <br />project and are assessed directly to the benefiting property as allowed under Chapter 8 of the City <br />Charter. <br />Property owners electing to connect to City water during street reconstruction projects will receive <br />a credit to offset those costs that would have been incurred by the City to reconstruct the street and <br />boulevard after connecting to City water if the street were not being reconstructed. The amount of <br />the credit will be set in the annual fee schedule approved by the City Council. <br />F. Street Boulevard Trees <br />All street boulevard trees installed as part of new street constructions or in reconstructing existing <br />streets shall be included as part of the overall project costs included in the assessment calculations. <br />G. Street Lights <br />All costs for new streetlights installed as part of constructing new streets or streetlights relocated <br />as part of reconstructing streets are included in the overall project costs and included in the <br />assessment calculations, unless otherwise directed by the City Council. In new subdivisions, the <br />City maywill require the developer to finance street light improvement rather than assessing the <br />cost. <br />H. Other Improvements <br />Based on the City Council determination, any other eligible improvements may be fully assessed <br />or assessed in part. <br />SECTION 11. DEFERMENT OF SPECIAL ASSESSMENTS. <br />Subd. 1. The Council may defer the payment of any special assessment on homestead property <br />owned by a person who is 65 years of age or older, or who is retired by virtue of permanent and <br />total disability, and the City Clerk is hereby authorized to record the deferment of special <br />assessments where the following conditions are met: <br />1. The applicant must apply for the deferment not later than 90 days after the assessment is <br />adopted by the City Council. <br />2. The applicant must be 65 years of age or older or retired by virtue of permanent and total <br />disability at the time the assessment is adopted. <br />3. The applicant must be the owner of the property. <br />4. The applicant must occupy the property as his principal place of residence. <br />5. The average annual payment for assessments levied against the subject property exceed one <br />percent of the adjusted gross income of the applicant as evidenced by the applicant's most <br />13 <br />