Loading...
4.1. SR 08-04-1997ITEM 4.1. Howard R, Green Oompany QQNSULTING ENGINEERS July 30, 1997 File: 230-365M-0564 CONSULTING ENGINtERS Consulting Engineers The Honorable Mayor and City Council City of Elk River 13065 Orono Parkway P.O. Box 490 Elk River, MN 55330-0490 RE: MACON STREET/RIVERVIEW DRIVE ASSESSMENT HEARING Dear Council Members: As you are aware, the assessment hearing for the Macon Street/Riverview Drive Improvements is scheduled for Monday night's City Council meeting. I will be prepared to make a brief presentation and answer any questions the City Council or affected property owners may have. There have been a couple of changes since the feasibility study that positively affects the proposed assessments. First of all, the bids received were significantly lower than the feasibility study estimates. This was particularly true relative to the cost of the sanitary sewer. Also in the feasibility study, it was proposed to assess the sanitary sewer and watermain on a per lot basis with 24 lots being on the Country Crossing side of the street and 17 lots on the existing home side of the street. However, the street and storm drainage cost were proposed to be split in half and then divided by the number of lots. This resulted in a higher assessment to the existing lots than the proposed Country Crossing lots. For this assessment hearing we have recalculated all assessments based on an equal split per lot. Attached to this letter is the overhead I intend to present at the assessment hearing. As you can see from the overhead, the existing lots were proposed to be assessed $6,000 for street and storm drainage in the feasibility study, the new assessment is 20% lower at $4,800 per lot. The proposed assessment to the Country Crossing lots is $9,800 per unit versus the $11,275 estimated in the feasibility study. This represents approximately a 13% percent reduction in this assessment rate. The other favorable news relative to these assessments is the interest rate the City will charge. In the feasibility study it was estimated at 8%. The assessment notices were sent out at 6.75% but based on the recent bond sale, this interest rate can be reduced to 6.31%. One other development since the public hearing, Mr. Sanudo, who owns Lots 1 and 2 of Block 2 Grandview Addition has combined his lots under one parcel number. We were unaware of this at the time the assessment notices were sent, therefore Mr. Sanudo was sent two assessments. We will be prepared to recommend at the assessment hearing that the roll be amended to reduce his assessment to one unit. At this time, the City has not received any formal written appeals from property owners. Individuals may appeal this project assessment by presenting a signed, written objection to the 1326 Energy Park Drive · St. Paul, MN 55108 · 612/644-4389 fax 612/644-9446 toll free 800/888-2923 The Honorable Mayor and City Council July 30, 1997 Page 2 Mayor at the hearing. An individual simply standing up at the public hearing indicating their objection to this project does not constitute an assessment appeal. Following the submission oF a signed, written objection, the property owner also has to serve a notice of appeal upon the Mayor or City Administrator within 30 days after the adoption of the assessment roll, and must file this notice with the District Court within 10 days after serving the Mayor or City Administrator. After close of the assessment hearing, it would be appropriate for the City Council to consider the attached resolution adopting the assessment roll. This can be adopted with any modifications the City Council deems appropriate. If you have any questions, I will be in attendance at Monday evening's meeting. Sincerely, Howard R. Green Company Terry J. Mauer, P.E. TJM/jl o:\proj~30365m\365-3007.jul Howard R, Green Company CONSULTING ENGINEERS MACON STREET AND RIVERVlEW DRIVE IMPROVEMENTS ASSESSMENT HEARING AUGUST 4, 1997 FEASIBILITY STUDY APRIL 16, 1997 Existing Lots Proposed Country Crossing Lots Sanitary Sewer $4,250 $4,250 Water $2,725 $2,725 Street/Storm Sewer $6,000 $4,300 TOTAL $12,975 $11,275 PROPOSED ASSESSMENTS Existing Lots Proposed County Crossing Lots Sanitary Sewer * $2,450 Water * $2,550 Street/Storm Sewer $4,800 $4,800 TOTAL $4,800 $9,800 The existing lots are only proposed to be assessed for street and storm drainage only at this time. Sanitary sewer and water will only be assessed if a homeowner chooses to hookup or when the entire neighborhood gets sanitary sewer and water. O:\p roj~230365m\365-3006.jul RESOLUTION 97 - a RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION ADOPTING FINAL ASSESSMENT ROLL WHEREAS, upon due notice properly made as required by law, the Elk River City Council has met and heard and passed upon all objections to the proposed assessment for the Macon Street and Riverview Drive improvement and has determined the amount to be assessed against each individual property as the Council deems just; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River, Minnesota: Final assessment roll, a copy of which is attached hereto and incorporated herein by this reference, is hereby accepted and adopted and shall constitute the special assessment against the lands therein named. Each such tract of land in the assessment roll is hereby found to be benefitted by the improvement in an amount not less than the amount of the assessment levied against it. Such assessment shall be payable in equal annual installments, including both principal and interest, amortized in such amount annually as is required to pay the principal with interest as 6.31% over a period of 3 or 7 years. The owner of any property so assessed, may, at any time prior to certification to the County Auditor of the assessment or the first installment thereof, pay to the City Treasurer the whole of the assessment on such property, with interest accrued to the date of payment; except that no interest shall be charged if the entire assessment is paid within 30 days after the adoption of this Resolution. Prepayment may also be made after the certification of the assessment or first installment thereof by paying to the City Treasurer/Auditor the entire amount of the assessment remaining unpaid with interest. In the case of a payment made before November 15, interest will be calculated through December 31 of the next succeeding year. The City Administrator shall transmit to the County Auditor a certified duplicate of the attached assessment roll to be extended on the property tax lists of the County. Such assessment shall be collected and paid over in the same manner as other municipal taxes. Passed and adopted this 4th day of August, 1997. ATTEST: Henry A. Duitsman, Mayor Sandra A. Thackeray, City Administrator O:\proj~230365m~365 -3005 jul