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Mr. Joel Hanson, Administrator <br />City of Little Canada <br />November 23, 1990 <br />Page 6 <br />My discussions with the Ramsey County Assessor's Office did not fully <br />substantiate the developer's position. According to the County Assessor's <br />Office, the overall facility would be valued as a "special purpose facility". As <br />such, a portion of such costs would be includable for real estate tax purposes. <br />As you are aware this single topic was discussed at length at our November 20, <br />1990 meeting with Schroeder Milk Co. The developer made several arguments <br />as to why these costs should be classified as special equipment rather than as <br />real estate. After much discussion, the City agreed to exclude such costs. <br />Accordingly, I have excluded such costs in computing the attached Connection <br />Charge. <br />Please note that the City is phasing in this Connection Charge as development <br />actually occurs. The Phase I Connection Charge includes only the <br />improvements now under construction. As future construction occurs, <br />addidonal Connection Charges will have to be computed. <br />This Report and the attached computations is based upon an underlying assumption that <br />this connection charge will be phased -in as actual development occurs. As clearly shown <br />in the attached computation; two-thirds of the total connection charge will be payable at this <br />time. The remaining one -third will not be collectible until the future phases are constructed. <br />Accordingly, the City must carefully draft an agreement with this property owner to assure <br />the interest of the City are protected. <br />If you have any questions or would like to review this Report, please don't hesitate to call. <br />Yours very truly, <br />VOTO, TAUTGES, REDPATH & CO., LTD. <br />Robert J. Voto, CPA <br />enc. <br />cc: Non - Resident Connection Charge File <br />Correspondence File <br />Schroeder Milk Co : <br />Mr. Robert Schroeder <br />Mr. Doug Dayhuff <br />Page 47 <br />