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Resolution No. 2023-52, Approving Changes to Roadway Major Maintenance Financing Policy Resolution No. 2023-52 Approving Changes to Roadway Major Maintenance Financing Policy Whereas, the City of Fridley’s Roadway Major Maintenance Financing Policy sets forth guidelines for the financing of roadway major maintenance projects; and Whereas, the Policy is used as a guide document to provide preliminary and budgetary projections of special assessment funding; and Whereas, the Policy was enacted in 2006 and updated with minor modifications in 2009; and Whereas, the City Council approved the latest revisions to the Policy on July 13, 2020; and Whereas, the updated revisions to the Policy include additional language for benefitting properties abutting up to frontage roads shall be assessable the entire costs of any improvement on frontage roads, even if only those properties on one side of such frontage roads are benefitted. Now, therefore be it resolved, that the City Council of the City of Fridley hereby approves and authorizes the amendments to the Roadway Major Maintenance Financing Policy. nd Passed and adopted by the City Council of the City of Fridley this 22 day of May, 2023. _______________________________________ Scott J. Lund – Mayor Attest: Melissa Moore – City Clerk