Loading...
HomeMy WebLinkAboutItem 05dSPECIAL ASSESSMENT POLICY FOR THE REHABILITATION OF ROADWAYS Policy 1) PURPOSE a) The City of Lakeville, Minnesota finds that it is in the best interest of the City to outline the policy and procedures for calculating the special assessments to benefitting properties using the 429 Special Assessment Process. 2) OBJECTIVE a) The City currently utilizes the 429 Special Assessment Process to fund a portion of the costs associated with the rehabilitation of roadways within the City. This policy is intended to: i) Define the cost share of the improvements for benefitting properties ii) Identify the method(s) for calculating the assessments iii) Identify the improvement types for which special assessments will be levied iv) Identify the assessment period for the specified improvement type 3) GENERAL a) Minnesota Statutes Chapter 429 gives cities the authority to levy special assessments for public improvement projects to the benefitting property owners. No matter what method the City uses to establish the amount of the assessment, the real measure of benefit is the increase in market value of the land because of the improvement. For this reason, the City's assessment method should approximate market analysis. 4) CALCULATIONS a) Cost Sharing i) The total project costs shall include both direct construction costs and all indirect costs, such as legal, administration, engineering, and financing. ii) City share = 60% of the total project costs iii) Benefitting properties = 40% of the total project costs b) Calculation Method i) Single family residential = Single Family Unit Rate (1) The single family unit rate shall be calculated by dividing 40% of the total project costs by the number of single family residential properties benefitting from the improvements ii) Duplexes = 50% of the Single Family Unit Rate iii) Town homes = Number of Units X 50% of the Single Family Unit Rate iv) Apartments = Number of Units X 25% of the Single Family Unit Rate v) Commercial and Industrial (1) Assessed on a front foot basis (2) The front foot unit assessment rate will be based on the average cost per foot of assessable roadway improvements vi) Institutional or public properties (1) Assessments shall be calculated based on the predominant land use and /or zoning of the area (a) The special assessment for any given institutional or public property shall be calculated using the same methodology as the predominant surrounding properties (i.e. front foot or Single Family Residential Unit Equivalents) vii) Agricultural land (1) Agricultural properties, regardless of the number of individual tax parcels, shall be assessed residential units commensurate with the number of users for the agricultural land (i.e. If there is one residential building structure for multiple adjacent agricultural tax parcels under the same ownership, only one residential unit assessment shall be levied, and it shall be levied against the parcel containing the building structure.) c) Type of Improvement and the Benefitting Properties Cost Share i) New construction = 100% (1) In cases where new concrete curb and gutter is proposed where bituminous curb currently exists, the costs associated with the installation of new concrete curb and gutter shall also be 100% assessable. ii) Reconstruction = 40% iii) Mill and Overlay = 40% iv) Routine Maintenance Associated with the City's Pavement Management Plan (1) Crack seal = 0% (2) Chip seal = 0% (3) Minor patching = 0% d) Cost Participation Along Major Collector Roadways and Arterials i) Commercial /industrial = 40% of the complete roadway width ii) Tax exempt properties = 40% of the complete roadway width iii) Single- family residential = The Single Family Unit Rate shall be prorated to reflect the City's typical 40 -foot minor collector street section (1) Cost allocations for duplexes, town homes and apartments along major collector roadways would follow the same percentages outlines in Section 4.b using this prorated Single Family Unit Rate. e) Assessment Period i) As established by the City Council, but typically: (1) New construction = 10 to 20 -years (2) Reconstruction = 10 to 20 -years (3) Mill and Overlay = 10 -years