6.2. SR 04-02-2012 - Laserfiche WebLink

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3. Initiation of Project Projects shall be initiated by the submission of a Petition, Waiver and Agreement, on a form supplied by the City, which has been signed by the Property Owner. Eligible project costs shall be detailed on Exhibit B of the signed Petition, Waiver and Agreement and be approved by City Staff or the City Council prior to any work being completed. Any expenses that are determined, by City staff or the City Council, that are not required to facilitate the service connection or repair, will be deducted from the requested amount. All permit fees and any escrow money required by said permits will not be eligible for reimbursement. 4. Approval and Terms of the Assessment Petitions shall be limited to a minimum request of $3,000 and a maximum request of $20,000. The City Administrator shall have the authority to approve all petitions up to $5,000. Those petitions above $5,000 will require the approval of the City Council. All qualified expenses, reimbursed by the City, will be levied as a special assessment against the property, pursuant to the Petition, at the current bonding interest rate available to the City plus a 1.5% administrative fee. The final rate will be determined at the time of improvement. The term of the assessment will be as follows: Single Family Residential $3,000 to $5,000 Up to 3-years Single Family Residential $5,001 to $10,000 Up to 5-years Single Family Residential $10,001 to Max Up to 10-years All Other Properties $3,000 to Max Up to 3-years All Petitions are subject to final approval by the City Administrator or the City Council. The City retains the right to reject any Petition submitted for consideration.