Agenda - Public Works Committee - 03/21/2006

Home

f\ilV,,,00k� STREET RECONSTRUCTION ASSESSMENT POLICY Street Reconstruction. The City Council. has adopted a long-range plan providing for the periodic reconstruction, including mill and overlay, of all paved city streets. With the improvement of streets, as a result of reconstruction or mill and overlay, adjoining properties receive special benefit that results in the increase of the property's value, It is the policy of the City that this special benefit should be paid for by the property owner receiving the special benefit rather than the City as a whole. This is accomplished by specially assessing the benefited property as authorized by State Statute, Section 429. The following is the City of Plymouth's policy regarding special assessments to properties benefiting from street improvements. a. It is the policy of the City to special assess abutting benefiting property for street reconstruction costs, but not in excess of the special benefit to the property. This policy applies to all streets that are public streets, b. The assessment amount for the reconstruction or mill and overlay of previously paved streets shall be determined annually by the City Council. The assessment amount is based on the following; (1)i In 2006 benefited properties shall be assessed 35% of the engineer's estimated project cost as set forth in the project feasibility report or 35% of the actual project cost, whichever amount is less. In 2007 and thereafter, the rate shall be 40%. (2) For the purposes of street reconstruction or mill and overlay, the project costs will include the cost of replacing or repairing concrete curb and gutter, In those cases where bituminous curbing is replaced with concrete curb and gutter, or where curb and gutter did not previously exist, the additional special benefit will be assessed. The cost to be assessed shall be 100% of the cost of installing the concrete curb and gutter. This cost will be assessed on either a front foot or per lot basis. The addition of a storm sewer system will also be considered an additional benefit and shall be assessed at 100% of the cost. (3) Proj ect cost includes both direct construction costs and all indirect costs such as engineering and administration. (4) Assessments shall normally be levied for a period not to exceed five (5) years for assessments of $5,000 or less, ten (10) years for assessments greater than. $5,000 but $10,000 or less, and Fifteen (15) yews for assessments greater than $10,060. ONb9MmrM,W11NaIWAA9MI31M451.191nelRaamrimilW Awnimnir,J'ropo,Wdm 13