HomeMy WebLinkAboutRES.1558.04-03-2000RESOLUTION NO. 1559
A RESOLUTION ESTABLISHING THE MAXIMUM ANNUAL
ASSESSMENT POLICY FOR TRANSPORTATION TRUST
FUND PROJECTS FOR THE CALENDAR YEAR 2000
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF CAPE GIRARDEAU,
MISSOURI, AS FOLLOWS:
ARTICLE 1. The following is a policy statement setting out
maximum annual assessments for Transportation Trust Fund Street
projects for the calendar year 2000, shall be as follows:
1. Residential Street Widening: Cost of the widening,
including engineering, inspection, and legal costs:
Thirty -Five Dollars ($35.00) per front foot plus any
right-of-way or easements purchased. If all right-of-
way and easements are donated, no tax bill will be
assessed.
2. Residential Streets - New: Cost of a thirty (30) foot
wide pavement with rock base: Twenty -Five Dollars
($25.00).
3. Residential/Commercial Streets - widening: Cost of
widening, including engineering, inspection and legal
costs, plus associated stormwater work: Forty -Six
Dollars ($46.00) per front foot plus the cost of land
acquisition. If all right-of-way and easements are
donated, no tax bill will be assessed.
4. Widening Commercial Streets: The full cost of the
project up to Sixty -Seven Dollars ($67.00) per front
foot plus the cost of land acquisition.
5. New Commercial Streets: Assess a forty (40) foot
pavement width and rock base: Fifty -Six Dollars
($56.00) per front foot and all acquisition costs. If
parties want the street wider, then the additional cost
is borne by the adjoining property owners.
PASSED AND ADOPTED THIS
ATTEST:
t
Gayle' Conrad
City Clerk