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I) <br /> <br />(6) Time table of project. When the project starts affects the <br /> cost, due to a) carrying a project over the winter; and b) <br /> interest costs due to longer project period. <br /> <br />Ramsey's Financing Policy: <br /> <br />Streets: <br /> <br /> (1) In existing platted areas <br /> <br /> (a) M.S.A. street <br /> <br /> 1. Assess the cost of fifty percent (50%) of a typical <br /> residential street (normal construction) on a unit <br /> method or front foot basis. For the purpose of <br /> this paragraph, the cost of a "typical residential <br /> street" shall be defined as the cost determined <br /> annually based on the construction costs during <br /> that year for each type of street constructed to <br /> current City standards. <br /> <br /> 2. Remainder of cost is paid by M.S.A. <br /> <br /> (b) Residential street <br /> <br /> 1. Assess the total cost on a unit method or front <br /> foot basis <br /> <br /> (2) In new developments <br /> <br /> (a) Assess total cost on a unit method <br /> <br /> (3) Sealcoating <br /> <br /> (a) Assess total cost on a front foot or unit basis <br /> <br /> (b) M.S.A. funds on M.S.A. streets <br /> <br /> (4) Maintenance <br /> <br />(a) Current revenue <br />(b) M.S.A. funds <br />Sanitary Sewer: <br />(1) Improvements <br /> <br /> (a) Total cost is assessed <br /> <br /> 1. Trunk benefit assessed by the REC method <br /> <br /> 2. Lateral benefit assessed by the unit method or <br /> front foot basis <br /> <br /> (2) Maintenance and operations <br /> <br /> (a) Sewer enterprise fund <br /> <br />Resolution #85-89 <br /> Page 10 of 12 <br /> <br /> <br />