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RESOLUTION 95 - _ <br />• A RESOLUTION FOR THE CITY OF ELK RIVER <br />A RESOLUTION ESTABLISHING THE ASSESSMENT RATE <br />FOR STREET AND STORM SEWER IMPROVEMENT PROJECTS <br />Vi,'HEREAS, the City has adopted a revised assessment manual on March 6, 1989, which <br />requires assessment rates for street and storm sewer improvements be estaf~lished <br />by resolution; and <br />WHEREAS, the City last increased the assessment rates over two years ago; and <br />WHEREAS, the assessment rates have been determined to need to be increased to offset rises <br />ltl CotlstruCtiOn COStS; <br />NOW, THEREFORE, BE IT RESOLVED by the Elk River City Council of the City of Elk <br />River, Minnesota: <br />1. The street assessment rate for residentially zoned property shall be $:~0 per <br />• assessable front foot and commercial, industrial, and all other zonings shall <br />be $35 per assessable front foot. <br />2. The Iateral storm sewer assessment rate shall be $12 per assessable: front <br />foot. <br />Passed and adopted this 2nd day of October, 1995. <br />Henry A. Duitsman, Mayor <br />AT"1'EST: <br />Sandra A. Thackeray, Ciry Clerk <br /> <br />Z~o,us~-zi~s.~p <br />