03-30-09 HIA Agenda - Laserfiche WebLink

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CITY OF LITTLE CANADA RESOLUTION ESTABLISHING HOUSING IMPROVEMENT FEE FOR HOUSING IMPROVEMENT AREA N0.3 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.1 I 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 part from fees imposed within the area. (B) By Ordinance No.672 adopted December, 2008 (the "Enabling Ordinance") the Council established Housing Improvement Area No. 3 in order to facilitate certain improvements to the property known as Fleur Royale Condominiums. (C) The Council finds that owners of at least 25 percent of the housing units within Housing Improvement Area No. 3 have filed with the City Clerk a petition requesting a public hearing regarding the establishment of a Housing Improvement Fee for Housing Improvement Area No. 3. (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. 3, were given an opportunity to be heard. (E) Prior to the date hereof, the Fleur Royale Condominium Association has submitted to the City a financial plan prepared by , 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 Fleur Royale 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. 3 (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.