[Adopted by Ord. No. 1807 (Sec. 17.15 of the Codification)]
Assessments for improvements to property infrastructure shall
be assessed according to the procedures in § 66.0701 et
seq., Wis. Stats. This section shall not apply to special charges
for current services pursuant to § 66.0627, Wis. Stats.
Assessments for improvements to property and infrastructure benefiting
private property in the Village shall be assessed against the property
benefited as follows.
All properties where the owner requests and the Village undertakes
requested work shall be assessed 100% of the actual cost of:
A.
The maintenance of the sewer lateral from the main connection in
the street to the building foundation is the responsibility of the
property owner.
B.
Sanitary sewer lateral relay, repair, or replacement shall be undertaken
as the responsibility of the property owner in the event of lateral
failure. Property owners shall pay for the relay or repair of their
sanitary lateral if it is found to be leaking and an order for relay
or repair is issued by the Village Engineer. Such leaking laterals
may be part of a Village project for rehabilitation or replacement
and assessed to the benefited property.
For all assessments under this article not otherwise under § 66.0627,
Wis. Stats., the following shall apply:
A.
A preliminary resolution will be presented to the Village Board indicating
the proposed improvements, advising that the full cost thereof will
be assessed against abutting properties and scheduling a public hearing
thereon.
B.
If approved for improvements, a final resolution authorizing the
improvements and assessing the full cost thereof will be presented
to the Village Board for approval.
A.
If an assessment for a particular property exceeds $500, the owner
may elect to pay the assessment in installments. The principal payment
shall be made in equal annual installments over a period not to exceed
10 years, and the minimum annual principal payment shall be no less
than $500 per year. In addition, interest shall be charged at the
rate the Village is charged if funds are borrowed for the work involved
plus an additional 1% to cover administrative expenses. If no funds
are borrowed by the Village, interest shall be charged at the rate
that would have been charged if funds had been borrowed at the time
of the final resolution regarding the assessment plus an additional
1% to cover administrative expenses. In either case, the rate shall
be rounded up to the nearest 1/10 of 1%.
B.
If there are two overlapping special assessments for improvements,
the following shall apply:
(1)
The property owner may elect to defer payment of a second assessment
or the lesser of two assessments where the total annual payments exceed
$500.
(2)
Interest shall be charged on the deferred assessment during the deferral
period as set forth above.
(3)
When one assessment is paid in full, principal and interest payments
shall begin on the deferred assessment.