5.3. SR 09-08-2003Howard R, Green Qompany
Item 5.3.
September 3, 2003
File: 818980J-0564
The Honorable Mayor and City Council
City of Elk River
13065 Orono Parkway
Elk River, MN 55330
RE:
PUBLIC HEARING/ASSESSMENT HEARING
413 QUINN AVENUE
Dear Council Member:
The supplemental public hearing/assessment hearing for the property at 413 Quinn Avenue, which
was omitted from the original hearings, is scheduled for the Monday, September 8, 2003 City Council
meeting. I have met with the property owners, Cory and Tracey Stoeckel, numerous times. I
attempted to have them sign a waiver relinquishing their rights to the public hearing/assessment
headng, but they did not feel comfortable with this. They have all the information, including the
amortization schedule. At this point, I am not sure if they are even planning to attend; they have not
indicated one way or the other to me. If they are in attendance, I will be prepared to make a brief
presentation and answer any questions that they may have.
At the close of the hearing, it would be appropriate for the City Council to adopt the attached two
resolutions ordering the project and adopting the final assessment roll. Similar resolutions have been
adopted previously for all of the other properties included in the project.
If you have any questions, please call.
Sincerely,
Howard R. Green Company
Terry J. I~'a'~u re r, P.E.
TJM:sw
Ltr-OgO303-Council
1326 Energy Park Drive · St. Paul, MN 55108 · 651/644-4389 fax 651/644-9446 toll free 888/368-4389
RESOLUTION 03-
A RESOLUTION FOR THE CITY OF ELK RIVER
A RESOLUTION ORDERING THE IMPROVEMENT AND
PREPARATION OF PLANS AND SPECIFICATIONS IN
THE MATTER OF THE PAVEMENT REHABILITATION IMPROVEMENT
OF 2003
WHEREAS
a public hearing relating to the 2003 Pavement Rehabilitation (413 Quinn
Avenue) improvement was held before the Elk River City Council after ten days
mailed notice and two weeks published notice of the hearing was given; and
WHEREAS
the City Council has duly considered the Feasibility Report and those matter
presented at the public hearing by those person desiring to be heard on the
matter;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River, Minnesota:
The 2003 Pavement Rehabilitation improvement is hereby ordered as recommended in
the Feasibility Report dated January 7, 2003.
Passed and adopted this 8th day of September, 2003.
ATTEST:
Stephanie A. Klinzing, Mayor
Patrick D. Klaers, City Administrator
o./gen/form/resolution.A-10
RESOLUTION 03-
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 2003 Pavement Rehabilitation improvement (413 Quinn Avenue) 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:
The 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 benefited 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 at 5.50% over a period of seven 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/County 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 year in which payment is made. If payment is made after
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 8th day of September, 2003.
ATTEST:
Stephanie A. Klinzing, Mayor
Patrick D. Klaers, City Administrator
o./gen./form/resolution/A-14
ASSESSMENT SCHEDULE
Constant Pri.cipal Payment Method
Project: 2003 Pavement Rehabilitation
Project No: 818980J
Parcel: 75-409-0310
Owner:
c/o
Address:
Cow and Tracey Stoeckel
413 Quinn Avenue
Elk River, MN 55330
Interest Start Date:
Repayment Period:
Interest Rate:
Ao
Assessments:
Pavement Rehabilitation
December 1, 2003
7 yrs
5.50%
Quantity
Unit Measure Unit Price Amount
1 UNIT 5,000.00 $ 5,000.00
YEAR
ANNUAL
PAYMENT
PRfNCIPAL
PAYlvIENT
INTEREST
PAYMENT
PRINCIPAL
REMAINING
2003
2004
2005
2006
2007
200.8
2009
2010
$0.00 $0.00 S5,000.00
$1,012.64 $714.29 $298.36 $4,285.71
$950.00 $714.29 $235.71 $3,571.43
$910.71 $714.29 $196.43 $2,857.14
$871.43 $714.29 $157.14 $2,142.86
$832.14 $714.29 $117.86 $t,428.57
$792.86 $714.29 $78.57 $714.29
$753.57 $714.29 $39.29 $0.00
Note:
$6,123.36 Total Annual Payment
The interest payment for the year 2004 includes $23.36
for interest accrued from December 01, 2003 to January 01, 2004.
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