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Elk River, MN - Official Website <br />Apr 2, 2013 4:17 PM <br />rFlag as Inappropriate <br />F1 Dan <br />4 points <br />Thanks for your quick response. The key here is <br />"recently assessed" and I might add still paying <br />and will for some time. Why in the world would I <br />want to pay more on top of that? <br />It is unreasonable and will tax some out of their <br />homes eventually. <br />By the way it is a TAX, your department is <br />sounding like the current administration. <br />Apr 3, 2013 6:09 PM I is Flaa as Inappropriate Reply <br />Justin, Elk River City Engineer <br />37 points <br />Two very good points. The planned <br />rebate program will rebate franchise <br />fee payments during the assessment <br />period, minimizing a "double billing" <br />situation. Total street reconstruction <br />costs are currently shared, 1/3 <br />assessed to property owners and 2/3 <br />paid by the city, generally after <br />borrowing money (bonding) and paid <br />through the general tax levy. In effect, <br />2% of your annual city property tax <br />pays the city share. To meet street <br />upcoming improvement needs without <br />a franchise fee, the city will need to <br />increase the property tax component <br />by 4% to an estimated 6% of your <br />annual city tax bill. In addition, <br />property owners could expect further <br />assessments approximately every 20 <br />years. <br />Apr 5, 2013 8:37 AM <br />110 Flag as Inappropriate <br />F1General Public Comment <br />18 points <br />Page 12 of 13 <br />http:// mn- elkriver. civicplus .comICommunityVoicelldeal City - Street- Pavement - Managem... 04/11/2013 <br />