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<br />. <br /> <br />. <br /> <br />. <br /> <br />, <br /> <br />RESOLUTION 94-_ <br /> <br />A RESOLUTION OF THE CITY OF ELK RIVER <br /> <br />A RESOLUTION ESTABLISHING THE <br />STORM SEWER IMPACT FEE RATES <br /> <br />WHEREAS, the City has decided to restructure the method of financing trunk storm sewer <br />improvements; and <br /> <br />WHEREAS, the new structure will include a Storm Sewer Impact Fee together with a Surface <br />Water Management Fee; and <br /> <br />WHEREAS, the policy requires the Storm Sewer Impact Fee to be established by resolution; <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River, <br />Minnesota: <br /> <br />1. <br /> <br />The Storm Sewer Impact Fee for all rural (non-city sewer and water) single family <br />residentiallots shall be $60.00 in 1994. On January 1st of each succeeding year, the rate <br />shall increase three percent. <br /> <br />2. The Storm Sewer Impact Fee for all urban (city sewer and water) single family residential <br />lots shall be $120 in 1994. On January 1st of each succeeding year, the rate shall increase <br />by three percent. <br /> <br />3. The Storm Sewer Impact Fee for all non single family residential property shall be $720 <br />per acre in 1994. On January 1st of each succeeding year, the rate shall increase by three <br />percent. <br /> <br />Passed and adopted this 25th day of July, 1994. <br /> <br />Henry A. Duitsman, Mayor <br /> <br />A TrEST: <br /> <br />Sandra A. Thackery, City Clerk <br /> <br />000-0702.jul <br />