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HomeMy WebLinkAbout2005-017 CCRMember Kathleen Carmody introduced the following resolution and moved its adoption: RESOLUTION NO. RESOLUTION AMENDING THE CITY'S SPECIAL ASSESSMENT POLICY REGARDING COMMERCIAL AND INDUSTRIAL PARCELS WHEREAS, the City Council by Resolution No. 94-274 adopted on December 19, 1994, a Special Assessment Policy establishing policies and procedures relating to public improvements and public improvement financing; and WHEREAS, the City Council has from time to time amended said policy; and WHEREAS, the City Council desires to amend the policy to allow for the establishment of special assessment levies for commercial or industrial properties that are consistent with the benefit provided by a public improvement project and to allow for greater flexibility in funding public improvement projects. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center that the City's Special Assessment Policy is hereby amended as follows (underline indicates new matter; strikethrough indicates matter to be deleted): SECTION H. SURFACE EUPROVEMENTS B. Assessment Formula for Surface Improvements 2. Municipal State Aid Streets b. For properties which are commercial or industrial in project areas which are primarily residential in character, and for those properties in commercial areas: 2. Unless otherwise approved by the City Council, benefiting properties within this category will be assessed for 70 percent of the total project cost deemed to benefit the properties in accordance with Section l.c. aeeeunt vAll be liable for- the remaining 30 perzeent of the pr,6jeet ee 3. If there is a combination of commercial, industrial and residential properties, the commercial-industrial rate will be determined by calculating an equivalent footage rate based on assessing 70 percent of the total project cost deemed to benefit the properties in accordance with Section l.c. while the residential properties will be assessed in accordance with Subsection 2.a of these policies. 3. Other Streets b. , Ftm level " will be liable for- the "e'"' g 30 p ent of pfejee+ eest Januarv 10. 2005 is AA A to Date Mayor"' ATTEST: City Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Mary O'Conn r and upon vote being t ken thereon, the following voted in favor thereof: Myrna Kr~akgess, Iathlee Carmody, Kay Lasman, Diane Niesen, and Mary O'Connor; and the fo to ing vote against the same: none; whereupon said resolution was declared duly passed and adopted.