03-30-09 HIA Agenda - Laserfiche WebLink

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CITY OF LITTLE CANADA RESOLUTION ESTABLISHING HOUSING IMPROVEMENT FEE FOR HOUSING IMPROVEMENT AREA N0.2 PURSUANT TO MINN. STATUTE § 428A.14. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LITTLE CANADA AS FOLLOWS: 1. FINDINGS AND RECITALS: (A) The City of Little Canada ("City") is authorized under Minnesota Statutes, Sections 428A.11 to 428A.21, to establish by ordinance a housing improvement area within which housing improvements are made or constructed and the costs of the improvements are paid in whole or in past from fees imposed within the area. (B) By Ordinance No. 671 adopted December 10, 2008 (the "Enabling Ordinance") the Council established Housing Improvement Area No. 2 in order to facilitate certain improvements to the property known as Canabw•y Condominiums. (C) The Council finds that owners of at least 25 percent of the housing units within Housing Improvement Area No. 2 have filed with the City Clerk a petition requesting a public hearing regarding the establishment of a Housing hnprovement Fee for Housing Improvement Area No. 2. (D) The Council has on March 30, 2009 conducted a public hearing, duly noticed in accordance with Minn. Stat. § 428A.14, regarding adoption of this ordinance at which all persons, including all owners of property within Housing Improvement Area No. 2, were given an opportunity to be heaa•d. (E) Prior to the date hereof, the Canabury Condominium Association has submitted to the City a financial plan prepared by Harrington Langer & Associates, an independent third party, acceptable to the City and the Association, that provides for the Association to finance maintenance and operation of the common elements in the Canabury Condominium Association and along-range plan to conduct and finance capital improvements therein. 2. HOUSING IMPROVEMENT FEE IMPOSED. (A) The City hereby imposes a fee on each housing unit within Housing Improvement Area No. 2 (the "Housing Improvement Fee") as specified in Exhibit A attached hereto, which Housing Improvement Fee is imposed on the basis of the total cost of the Housing Improvements to be financed by the Housing Improvement Fee, divided by each unit's percentage of ownership as a part of the total association. (The percentage of ownership calculation is the same used by the Association for the apportionment of assessments made by the association.) An additional fee is also included for windows and patio doors on a per unit basis for the work to be anticipated to be done in each respective unit relative to those work items. (B) The owner of any housing unit against which the Housing Improvement Fee is imposed may, within 30 days after the effective date of this Resolution, pay all or a portion of the total Housing hnprovement Fee imposed against such housing unit as specified in Exhibit A hereto to the City Treasurer, without interest thereon; provided that if only a portion is prepaid, the prepayment amount must be at least 25% of the total fee for that unit. Any Housing Improvement Fee (or a portion thereof) not prepaid in accordance with this section shall be payable solely in accordance with section 2(C) hereof.