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3.6. SR 04-22-2002TO: FROM: DATE: SUBJECT: MEMORANDUM Mayor and Council Lori Johnson, Finance Director April 22, 2002 Consider Canceling Special Assessments to Cargill * Item 3.6.* Attached is a resolution to cancel the Eastern Area Improvement special assessments to Cargill, Incorporated, (Cargill) property in accordance with the settlement agreement effective August 1, 2000, reached between the City of Elk River and Cargill. As City Attorney Peter Beck informed the Council at the April 15 meeting, he and Cargill's attorney are working on the final details of the settlement agreement in anticipation of a May 1 signing. Action Requested The City Council is asked to adopt the attached resolution canceling certain assessments on Cargill's property. However, if Cargill has not completed all of the necessary requirements prior to Monday's meeting, the Council is asked to table this resolution to the April 29 meeting or until Cargill has completed all of the necessary requirements to finalize the settlement agreement. S/Council/Lori/CargillCancel RESOLUTION 02- A RESOLUTION FOR THE CITY OF ELK RIVER RESOLUTION CANCELING THE 1999 EAST ELK RIVER IMPROVEMENT SPECIAL ASSESSMENTS LEVIED AGAINST CERTAIN CRRGILL~ INCORPORATED PROPERTY WHEREAS, The City Council, on December 3, 1998, adopted a resolution levying assessments against a number or properties for the East Elk River Improvement Project; and WHEREAS, among those properties assessed were the parcels described below owned by Cargill, Incorporated ("Cargill"); and WHEREAS, Cargill appealed the assessments described below to Sherbume County District Court pursuant to Minnesota Statutes, Chapter 429; and WHEREAS, the City and Cargill have been engaged in negotiations to settle Cargill's special assessment appeal since shortly after the appeal was filed; and WHEREAS, the City and Cargill entered into a settlement agreement, effective August 31, 2000, which addresses a number of issues between the parties, and provides that the special assessments described below will be cancelled if Cargill meets certain conditions; and WHEREAS, Cargill has met the conditions for cancellation of the assessments; NOW, THEREFORE, BE IT RESOLVED: That the 1999 East Elk River Improvement assessments levied against Cargill, Incorporated on the following properties be cancelled effective with the installment due in 2002, and that all previous payments on the assessments made by Cargill be refunded: Parcel OhginalAssessment 75-011-1401 $205,320.00 75-011-2400 149,100.00 74-012-2000 6,300.00 Aq-rEST: Stephanie A. Klinzing, Mayor SandraA. Peine, CityClerk