HomeMy WebLinkAbout85-001AN ORDINANCE SETTING FORTH THE STREET OVERLAY ASSESSMENT POLICY FOB:
THE CITY OF PRIOR LAKE
The Council of the City of Prior Lake does hereby ordain:
1. PURPOSE: This ordinance is hereby adopted to promulgate the
street overlay assessment policy for street improvements made
within the City of Prior Lake from and after the date of its
enactment.
2. DEFINITIONS: For the purpose of this ordinance, the following
words are hereby defined:
STREET OVERLAYING: A street improvement project whereby a new bed of road
material such as bituminous is installed over an
existing paved road to a specified thickness.
;SEAL COATING: A street: improvement whereby an existing paved street is
covered with a thin layer of bituminous material and
covered with an aggregate material to improve and seal
the existing road surface.
4 Bs A street improvement whereby an asphalt, concrete or
r' other material is formed at the edge of a street to form
part of a gutter.
3. .ASSESSMENT POLICY
A. Sicaei Qxsclalt _ aR�_Selit��_I1mt2LQYSmSn ia • Street ov e r l.ay and
curb improvements of presently paved streets in.the City of
Prior Lake shall be assessed at sixty percent (60%) of the
total project cost against the benefited properties. The
remaihing'forty percent (40%) of the project cost shall be
A f 41 11 1 d 1 t t
i
i
I
x
F
t
i
reeovere y means o e genera a va or um proper y ax
over the entire community.`
B. Sall �aLing SitsSSImp�QYP�nis. Seal coating street
Improvements shall be treated as a general maintenance
>'
expense which shall be entirely supported by property taxes
through a special levy ;spread ,over the entire City.
J
C. Aaasdsmsnia- pti.irminaiiaa The street overlay improvements
which are to be assessed shall be determined as follows:
(1) The assessment shall be based upon a footage charge`
w;
(rate per foot times footage).
(2) All assessments shall be on a current basis and shall
not he subject to a maximum footage or deferred
�.
classification. ���
a
(3) Front footage shall be determined in the following
man
Via) Platted lots will be determined by the average
width of the parcel.
(b) Double Sided Lots will be assessed on the street
address side or both sides if subdivideable.
(e) Corner lots will be assessed on the short side plus.
10 (10) feet around the corner. The footage which
exceeds one hundred fifty (150) feet on the long
side of those corner lots of exceptional size will
4 also be assessed.
(d) Odd Shaped Lots will be assessed based upon pAreels
of comparable size.
(e) Unplatted pareels will be assessed the equivalent
of the number of eighty (80) foot lots that may be
created which front on the improvement
(f) Non - Benefited Parcels may be determined to be
exempt form such assessment as determined by the
City Council if the 'topography, access oar zoning of
a parcel is suph that the use of the improvement is
not feasible..
D. Mbd.s2i._Fy�etl�snd_.��S�LSL. All assessments shall bol
subject --to " interest rate as .. determined b y the City
Counc Said assessments may..be paid without interest by
the'benelited property owner by praying the entire as.sessme.nt
wi -thin thirty (30) days of thp,.pakblic improvement assessment
hearing. Partial payment red ction of the assessment
principal shall, be allowed _on!' during the thirty (30`) days
follo*ing the assessment, hearing. Upon certification of the
assessment to the county, the assessment may only be paid
annually as the assessment appears on the tax statement or
may be paid in their entirety.
E AB g�BIiL.TgtAl•. This shall be determined" annually by the
Ci ty �Counc i 1 .
l�
1f
W
This ordinance shall become effective from and after its passage and
publication.
Passed by the Counci on this l:.th day of - -- slanyatX - - - - 1985
ATTEST
- -_ - -�_ _ -_ _ _ ______�.,_��__ -_ _ r ------- _
CITY MANAGER I MAYOR
Published in the Prior Lake American on the #ih day of ___tiE�htiaaty� —+
1985.
k
Deatte�3 by:
Loam►en, Nelson, Sullivan do Cole, P.A.
1120 TCF Tower
Minneapolis, Minnesota 554,02
C I
r