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HomeMy WebLinkAboutRES.1698.08-20-2001BILL NO. 2001-176 RESOLUTION NO. A RESOLUTION ESTABLISHING THE MAXIMUM ANNUAL ASSESSMENT POLICY FOR TRANSPORTATION TRUST FUND PROJECTS FOR THE CALENDAR YEAR 2001 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 2001, which shall be as follows: 1. Residential Street Widening: No assessment if all right-of-way and easements are donated. If any right-of-way or easements are purchased, an assessment covering the cost of widening the street up to a thirty (30) foot width, including engineering, inspection, and legal costs, plus associated stormwater work: Thirty - Five Dollars and Fifty Cents ($35.50) per front foot plus the cost of land acquisition for the total project will be charged. 2. Residential Streets - New: Assess the cost of a thirty (30) foot wide pavement with rock base: Forty -Eight Dollars and Fifty Cents ($48.50) per front foot plus any acquisition costs. The city pays for all other associated construction work including engineering, inspection, legal. 3. Residential/Commercial Streets - Widening: No assessment if all right-of-way and easements are donated. If any right-of-way or easements are purchased, an assessment covering the cost of widening the street up to a thirty-six (36) foot width, including engineering, inspection, and legal costs, plus associated stormwater work: Seventy Dollars ($70.00) per front foot plus the cost of land acquisition for the total project will be charged. 4. Widening Commercial Streets: An assessment covering the cost of widening the street up to a forty (40) foot width, including engineering, inspection, and legal costs, plus associated stormwater work: Fifteen Dollars ($15.00) per eight (8) foot width per front foot plus the cost of land acquisition for the total project will be charged. 5. New Conunercial Streets: Assess the cost of a forty (40) foot wide pavement with rock base: Sixty -Five Dollars ($65.00) per front foot plus any acquisition costs. PASSED AND ADOPTED THIS .2LfA. DAY OF (ld� �,_}t 2001. ATTEST: 7 Q Ga- yle0L. Conrad City Clerk A. 'M. 'Spradling, III /\19-ayor