HomeMy WebLinkAboutCity Council Resolution 2003-386CITY OF PLYMOUTH
RESOLUTION NO. 2003-386
STREET RECONSTRUCTION ASSESSMENT POLICY
IMPLEMENTATION FOR 2004
WHEREAS, the City Council revised the Street Reconstruction policy on August 12,
2003 to require 30% of the total project cost be assessed consistent with the long term
goal of the Pavement Management Program; and
WHEREAS, the revised the Street Reconstruction policy is effective January 1, 2004;
and
WHEREAS, to reduce the inequities between neighborhoods the City wishes to avoid a
large increase in individual assessments when transitioning to the revised policy; and
WHEREAS, it is necessary to assess a minimum of 20% of the total project cost in order
to sell Special Assessment Bonds for street reconstruction projects;
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF
THE CITY OF PLYMOUTH, MINNESOTA: that the implementation of the Street
Reconstruction Assessment Policy is modified as follows:
1. The Street Reconstruction assessments for the 2004 Street Reconstruction
Program shall be calculated based on 20% of the total project cost of the 2004
Street Reconstruction Program.
FURTHER BE IT RESOLVED; that if any of the project areas ordered by the City
Council for reconstruction in 2004, if delayed for any reason to a subsequent specific
year, will be assessed based on 20% of the total project cost.
Adopted by the City Council on September 9, 2003.