3.2. SR 12-02-1996~ity of
River
MEMORANDUM
**ITEM 3.2. a & b**
TO:
FROM:
Mayor & City Council
Lori Johnson, Asst. City Administrator/
Finance Director
DATE: December 2, 1996
SUBJECT: Special Assessment Issues
Country Crossing Third Addition
There are two special assessments on the parcel which has been platted as
Country Crossing Third Addition. The Council is required to approve the
reapportionment of the 1981 Sewer Interceptor and the 1994 Western Area
Phase II special assessments from the original parcel 75-005-2200 to Outlots
A and B and remaining 46 lots in Country Crossing Third Addition.
Joplin/185th Improvements
On October 21 the Council approved a resolution adopting the final
assessment roll for these improvements. Since that time one of the property
owners has requested that the interest start date be delayed due fact that the
project will not be substantially complete by year end; this fact was not
known at the time the roll was prepared. The current interest start date is
December 1, 1996. Staff has agreed to present to the Council a delayed
interest start date of March 1, 1997, but not to a later date as requested by
the property owner because the City has already spent approximately
$300,000 of the project cost. If the Council agrees with changing the interest
start date, the attached resolution should be adopted.
Action Requested
The Council is asked to adopt a motion approving the Country Crossing Third
special assessment reapportionment. Additionally, the Council is asked to
consider the resolution changing the interest start date for the Joplin/185th
Improvements.
13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 · (612) 441-7420 · Fax: (612) 441-7425
RESOLUTION 96 -
A RESOLUTION FOR THE CITY OF ELK RIVER
A RESOLUTION ADOPTING REVISED FINAL ASSESSMENT ROLL
FOR JOPLIN/185TM IMPROVEMENT
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 1996
Joplin/185th improvement and has determined the amount to
be assessed against each individual property as the Council
deems just; and,
WHEREAS,
the City Council now deems it appropriate to revise the
assessment roll for Joplin/185th adapted by Resolution 96-86.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Elk River, Minnesota:
Resolution 96-86 adopted by the City Council on October 21, 1996, is
hereby revoked.
Revised 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 as 8.0% over
a period of ten years, with an interest start date of March 1, 1997.
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.
o
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 2nd day of December, 1996.
Henry A. Duitsman, Mayor
ATTEST:
Sandra A. Thackeray, City Clerk