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<br /> MINUTES <br /> CITY COUNCIL <br /> OCTOBER 19, 2010 <br /> The foregoing resolution was duly seconded by Keis. <br /> Ayes (3). <br /> Nays (0). Resolution declared adopted. <br /> Mr. Blesener introduced the following resolution and moved its adoption: <br /> RESOL UTION NO. 2010-10-254 - APPROVING A DEVELOPMENT <br /> DEFERAL IN THE AMOUNT OF $1,168.08 FOR THE PROPERTYAT 707 <br /> LABORS ROAD AS REQUESTED BY THE PROPERTY OWNER, WITH <br /> INTEREST TO ACCR UE ON THE DEFERMENT AT THE RATE OF S <br /> AND DEFERRED ASSESSMENT TO BECOME D UE AT THE TIME THE <br /> PROPERTYIS SUBDIVIDED <br /> The foregoing resolution was duly seconded by Boss. <br /> Ayes (3). <br /> Nays (0). Resolution declared adopted. <br /> DAVE At this point in the meeting, Dave Himmelbach appeared before the Council <br /> HIMMELBACH relative to the assessment for the Northeast Utility Connection. Mr. I Iimmelbach <br /> was informed that the Council adopted the assessment as proposed, and did not <br /> modify the assessment as requested by Mr. Himmelbach. The City Adminisriator <br /> also reported to Mr. Himmelbach, that the Council was informed that he did not <br /> submit a formal written objection to the assessment. Mr. Iimmelbach thanked <br /> the Council for their consideration of his request. <br /> IMP. NO. Blesener opened the public hearing to consider the adoption of the assessment <br /> 2010-19 roll for the improvement of First Bank Drive by road reconstruction, concrete <br /> FIRST BANK curb and gutter, and drainage enhancements. <br /> llRIVE <br /> The City Engineer reviewed project costs noting that they came in under estimate <br /> at $127,659, of which $90,593.20 is proposed to be assessed. <br /> fhe Engineer then reviewed assessment payment options noting that property <br /> owners can pay their assessment in frill or part to the City within 30 days of <br /> adoption of the assessment (through November 18, 2010) with no interest. After <br /> that 30-day period, the unpaid assessment balance will be certified to Ramsey <br /> County and spread for collection with property taxes fora 10 year period at 5% <br /> interest. The Engineer noted that once an assessment balance is certified to the <br /> County, the property owner can pay it in full during the 10-year period. However, <br /> that payment should be paid by November 15°i of any given year in order to avoid <br /> the next year's interest being added to the pay-off amount. Property owners on a <br /> fixed income caul request an assessment deferral provided that income guidelines <br /> are met. Assessments for undeveloped portions of lots can be deferred until <br /> 10 <br /> <br />