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e RESOLUTION 94- 110 <br />A RESOLUTION OF THE CITY OF ELK RIVER <br />A RESOLUTION ESTABLISHING <br />THE SURFACE WATER MANAGEMENT <br />IMPACT FEE RATES <br />WHEREAS, the City of Elk River has a need for surface water <br />management throughout the community; and <br />WHEREAS, the City of Elk River has completed a surface water <br />management study; and <br />WHEREAS, the surface water management study has assisted the City in <br />determining which drainage improvements are necessary to <br />help eliminate the most urgent surface water management <br />problems; and <br />e <br />WHEREAS, the City has determined to fund the surface water <br />management improvements through a variety of funding <br />sources including a Surface Water Management Impact Fee; <br />and <br />WHEREAS, the City has determined that this Surface Water Management <br />Impact Fee should be collected from the property owner at the <br />time of platting, or in the case of existing lots, at the time of <br />issuance of a building permit. <br />NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City <br />of Elk River Minnesota: <br />1. The Surface Water Management Impact Fee for all rural <br />non~city sewer and water) single-family residential lots <br />shall be $60.00 in 1994. On January 1 of each succeeding <br />year, the rate shall increase three percent (3%). <br />2. The Surface Water Management Impact Fee for all urban <br />city sewer and water) single-family residential lots shall <br />be $120 in 1994. On January 1 of each succeeding year, <br />the rate shall increase by three percent (3%). <br />e 3. The Surface Water Management Impact Fee for all non- <br />single-family residential property shall be $720 per acre