Municipal Policy No. 1000 Assessment Policy

The City Council most recently adopted this Assessment Policy on October 13, 2009.  The purpose of this assessment policy is to establish a fair and equitable manner of recovery and distributing the cost of public improvements.  These assessment policies are designed to serve only as a general guide for the City Council in allocating benefits to properties for the purpose of defraying the cost of installing public facilities.  The procedures used by the City of Cold Spring for levying special assessments are those specified by Minnesota Statutes Chapter 429, which provides that all or a part of the cost of improvement may be assessed against benefiting properties.