Loading...
4.5. SR 10-25-1993 rei ---\j ( ); !Yil ITEM 4.5. TO: FROM: MAYOR & CITY COUNCIL LORI JOHNSON, FINANCE DIRECTOR;1~ DATE: OCTOBER 19, 1993 SUBJECT: CONSIDER ADOPTION OF TRUNK SANITARY SEWER AND WATER ASSESSMENT ROLL FOR CHERRYHILL BLUFFS SECOND ADDITION As you may recall, at the September 27, 1993 Council meeting, the two resolutions necessary to adopt the assessment roll for trunk sanitary sewer and water improvements for the CherryHil1 Bluffs 2nd Addition were tabled. At that time it was believed that Rick Foster would sign an amendment to the CherryHil1 Bluffs 2nd Addition Developer's Agreement which calls for a per lot charge to be paid when a Certificate of Occupancy is issued thus eliminating the need for a special assessment for trunk sanitary sewer and water. e Because a signed copy of the amendment to the Developer's Agreement has not yet been received and discussion is still taking place regarding the amount of the per lot charge outlined in the amendment, it is appropriate for the City Council to adopt the two attached resolutions so that assessment collection can begin with the 1994 property taxes. If the amendment to the Developer's Agreement is signed prior to Monday night's Council meeting, no action on the attached resolutions will be necessary. e P.O. Box 490 · 13065 Orono Parkway · Elk River, MN 55330 · (612) 441-7420 · Fax: (612) 441-7425 e e - RESOLUTION 93 - 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 Trunk Sanitary Sewer and Water Improvement for CherryHill Bluffs 2nd Addition 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: 1. 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. 2. 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 5.75% over a period of three years. 3. 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. 4. 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 by the City Council of the City of Elk River this 25th day of OctOber, 1993. Henry Duitsman, Mayor ATTEST: Sandra A. Thackeray, City Clerk e e e RESOLUTION 93 - RESOLUTION FOR THE CITY OF ELK RIVER A RESOLUTION DETERMINING ASSESSED COST OF IMPROVEMENT AND ORDERING PREPARATION OF PROPOSED ASSESSMENT ROLL IN THE MATTER OF TRUNK SANITARY SEWER AND WATER IMPROVEMENT OF 1993 FOR CHERRYHILL BLUFFS 2ND ADDITION WHEREAS, costs have been determined for the Trunk Sanitary Sewer and Water Improvement for CherryHi11 Bluffs 2nd Addition consisting of a contract price of $38,750.00 and expenses incurred or to be incurred by the City in the making of the improvement in the amount of $10,840.00 for a total cost of the improvement of $49,590.00. NOW, THEREFORE, BE IT RESOLVED by the City Council for the City of Elk River, Minnesota: 1. Based upon the City Assessment policies, it is determined that the portion of this improvement to be paid by the City and not assessed to benefitted properties is $0. 2. The portion of the cost to be assessed against benefitted properties pursuant to the Elk River Assessment Policies shall be $49,590.00. 3. The assessments shall be payable in equal annual installments and shall extend over a period of three years, the first of the installments to be payable on or before the first Monday in January 1994, with interest at the rate of 5.75% per annum from the date of the adoption of the assessment resolution. 4. The City Administrator, with the assistance of the Project Engineer, shall forthwith calculate the proper amount to be specifically assessed for such improvement against every assessable lot, piece, or parcel of land, without regard to cash valuation, as provided by law, and shall have available to the City Administrator's office a copy of the proposed assessment roll for public inspection. 5. Upon completion of the proposed assessment roll, the City Administrator shall notify the Council and schedule a public hearing upon the proposed assessment, causing notice of the hearing by publication and mail to be made at least two weeks prior to the hearing. Passed and adopted by the City Council of the City of Elk River this 25th day of October, 1993. Henry Duitsman, Mayor ATTEST: Sandra A. Thackeray, City Clerk