RES 1964-211 - 000118633
RESOLUTION NO. 211 -1964
A RESOLUTION ESTABLISHING A POLICY CONCERNING THE FSSESS-
MENTS OF BEIZFITTED PROPERTY FOR STORK SE,:�RS IN THE CITY
OF FRIDLEY
WHEREAS, the City of Fridley has heretofore and will in the
future construct and make public improvements for the control of
storm, drainage, and sub -soil waters, and
WHEREAS, an appeal by a property owner of certain parcels
assessed by the City for storm sewer Project No. 24B resulted in
a stipulated dismissal of the existing assessments on said parcels,
and
WHEREAS, the City of Fridley has carefully reviewed its past
practice of assessing the property benefitted at a single rate for
all property, and
WHEREAS, it does appear that special improvements enhance large
tracts of undeveloped property insofar as fair market value is con-
cerned at a ratio many times greater than smaller, odd - shaped and
improved tracts, and
1,1HEREAS, it does appear that large tracts, within the City of
Fridley, that have been zoned for heavy industry use and that have
available to the tract railway trackage are enhanced in value at a
ratio many times greeter than smaller tracts without such trackage.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City
of Fridley, that hereinafter on all assessments for storm sewer pub -
lie improvements that any large and undeveloped tracts that have a
' disproportionate enhancement in fair market value because of size
and undeveloped state to smaller, odd- shaped or improved areas be
so classified as to equitably share the real and actual benefit of
the public improvement.
AND FURTHER, that the City Manager shall examine all of the
existing storm sewer projects and where it appears that the total
costs of the particular project have not been fully spread on the
assessment rolls that he together with the City Engineer, the City
Finance officer, and the City :attorney study the area involved to
the end that the undeveloped tracts in said area be re- assessed in
accordance with this resolution.
AND FURTHER, that the formula to be applied shall be similar
in ratios and classification to that used in the re- assessment hear -
ings on Project No. 24B as follows:
Class 1 Per 100 square feet
Property in zoning districts R- 1- 2 -3 -4 -5 a.91
of less than 100 acres with one ownership
of contiguous parcels.
Class 2
Property in R- 1- 2 -3 -4 -5 of more than 100 $3.82
acres with one ownership of contiguous
parcels.
Class
Property in C- 1 -2 -2s of less than 30 acres $1.91
with one ownership of contiguous parcels.
RESOLUTION NO. 211 -1964 (Continued)
Class 4 Per 100 square feet
Property in C- 1 -2 -2s of more than 30 acres
$3.82
with one ownership of contiguous parcels
Class
Property in M -1 of less than 120 acres
$1.91
with one o�mership of contiguous parcels,
or without trackage
Class 6
Property in M -1 of more than 120 acres
$5.73
and with one ownership of contiguous
parcels with trackage.
Class 7
Property in M -2 of less than 120 acres
$1.91
and with one ownership of contiguous
parcels.
Class 8
Property in M -2 of more than 120 acres
$7.64
with one ownership of contiguous parcels
with trackage.
ADOPTED THIS 5TH DAY OF OCTOBER, 1964, BY THE CITY
COUNCIL
OF THE CITY OF FRIDLEY.
MAYOR - W ] ia:a J. Agee
ATTEST:
CITY CLnRA - Marvin C. Brunsell