Fiscal Note
Funds will be included in the Stormwater Utility Capital Budget for the storm sewer component of assessable projects proposed in the future. No funds are required.
Title
Updating the City’s policy for assessment of storm sewer improvements within the current boundaries of the City of Madison. (Citywide)
Body
WHEREAS, the City of Madison needs to establish the conditions and terms for assessing benefits of installing storm sewer improvements associated with a public works improvement project in the City of Madison, and;
WHEREAS, providing adequate storm sewer service to properties is a municipal service necessary for the growth and health of the City of Madison;
WHEREAS, the use of special assessments for the installation or replacement of storm sewer associated with new or redevelopment reduces the impact of new development on current rate payers, and;
WHEREAS, the City has established policies for the assessments of storm sewer improvements, but it is necessary and appropriate for the City to update these policies in order to more equitably apportion special assessments on future public improvement projects.
NOW, THEREFORE, BE IT RESOLVED, that the City of Madison Policy for the Assessment of Storm Sewer Improvements, attached hereto and incorporated by reference, is hereby approved and shall be the established policy of the City regarding storm sewer special assessments, superseding any prior policy or resolution that is inconsistent therewith.