Laserfiche WebLink
MINUTES <br />CITY COUNCIL <br />OCTOBER 12, 1993 <br />The Administrator also pointed out that it is proposed <br />to spread assessments out over a 10 year period at <br />6.25% interest. The first installment would be due on <br />pay 1994 tax statements. Property owners also have the <br />option to pay their assessment in either full or part <br />within 30 days after the adoption of the assessment <br />roll without any interest. On November 15th, unpaid <br />assessments would be certified to the County for <br />certification on property taxes. Property owners also <br />have the option to pay off their assessment any time in <br />the future. If paid prior to November 15th of any <br />given year, interest is charged through the end of that <br />particular year. If paid after November 15th, interest <br />is charged for the entire succeeding year. <br />Fred Schletty, representinq Elinor Michelson, 2776 <br />Edgerton, appeared before the Council. Schletty <br />reported that Mrs. Michelson has just sold her property <br />as one lot. This is one of the lots that this City has <br />indicated as subdividable, therefore, is being assessed <br />for two water services. Schletty reported that given <br />the topography of the property, it would be a very <br />difficult piece to divide. Mr. Schletty submitted a <br />notice of objection to the assessment on behalf of Mrs. <br />Michelson. Schletty suggested that the assessment for <br />the second lot be deleted, and should the new property <br />owners elect to split the property at a later date, the <br />City can charge them a service connection fee equal to <br />what the assessment would have been. <br />The City Administrator reported that he discussed this <br />situation with the City Attorney, and Mr. Schletty's <br />suggestion is possible rather than granting the <br />development deferral previously described. If the <br />assessment for the second lot is deleted and then noted <br />as a water connection charge for the property, that <br />amount would accrue interest just as a deferred <br />assessment would. If the property is never divided, <br />the water connection charge would never be collected. <br />Scalze asked about noting the water connection charge <br />on the title of the property. <br />The City Attorney reported that a water connection <br />charge would not appear of record on the property. If <br />the water connection fee method is used, the City would <br />have to be sure to collect that fee at the time the <br />property were divided. <br />The City Administrator reported that a procedure could <br />be established to ensure that this fee were collected <br />at the time the property is divided. <br />Page 16 <br />