Laserfiche WebLink
10.5 <br /> <br />10.6 <br /> <br />10.7 <br /> <br />10.8 <br /> <br />10.9 <br /> <br />needed to serve new development. The City may install infrastructure and <br />assess property owners when this approach provides the best alternative. <br />The City will finance street and utility oversizing and trunk utility <br />systems. <br /> <br />The City will maintain a system of capital charges for sanitary sewer and <br />water services. The charges will be collected when undeveloped land is <br />platted and when new users connect to the system. Revenues from the <br />capital charges will be accumulated and used to pay for the capital <br />investment related to the maintenance and expansion of the utility system. <br /> <br />The City will strive to maximize the revenues collected from capital <br />charges in order to protect existing utility users from bearing the costs <br />associated with growth. The City Council will work with the Utilities <br />Commission to set capital charges for the water system at appropriate <br />levels. In not less than three year intervals, the City Staff shall evaluate <br />the amount of all capital charges and recommend necessary changes to the <br />City Council and the Utilities Commission. <br /> <br />The City will maintain an equipment acquisition and replacement <br />program. The City will annually update the plan to provide funding for all <br />equipment purchases over $25,000 to be made in the next five fiscal years. <br />The City shall attempt to fund the program without the use of debt. It is <br />recognized that State imposed levy limits may create the need incur debt <br />for equipment acquisition. <br /> <br />The City will establish and maintain a program for the construction and <br />maintenance of the municipal storm water management system. By no <br />later than December 31, 2002, City Staffwill provide the City Council <br />with the estimated cost of storm water improvements over the next five <br />fiscal years and options for financing the improvements. <br /> <br />The City will establish and maintain a program for the maintenance of the <br />municipal street system. <br /> <br />10.9.1 <br /> <br />The initial sealcoating in new subdivisions will be financed with <br />monies collected for this purpose at the time of original <br />development. Other sealcoating and other maintenance activities <br />will be financed through the General Fund. <br /> <br />10.9.2 <br /> <br />The City will prepare an on-going plan for the reconstruction of <br />all city streets. The City will provide a sustainable source of <br />funding for the street reconstruction program. The street <br />reconstruction expenses will be assessed to adjacent or otherwise <br />benefiting properties to the maximum degree possible. The City <br />will establish a permanent improvement revolving fund under <br />Minnesota Statutes, Section 429.091 dedicated to the street <br />reconstruction program. The use of a permanent improvement <br /> <br />11 <br /> <br /> <br />