03-18-09 Council Minutes - Laserfiche WebLink

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MINUTES OF THE SPECIAL MEETING CITY COUNCIL LITTLE CANADA, MINNESOTA MARCH 18, 2009 Pursuant to due call and notice thereof a special meeting of the City Council of Little Canada, Minnesota was convened on the 18th day of March, 2009 in the Council Chambers of the City Center located at 515 Little Canada Road in said City. Acting Mayor Rick Montour called the meeting to order at 7:00 p.m. and the following members of the City Council were present at roll call: CITY COUNCIL: Acting Mayor Mr. Rick Montour Council Member Mr. John Keis Council Member Mr. Mike McGraw ABSENT: Mayor Mr. Bill Blesener Council Member Ms. Shelly Boss ALSO PRESENT: City Administrator Mr. Joel R. Hanson City Clerk Ms. Kathy Glanzer CANABURY Acting Mayor Montour opened the Public Hearing to consider the SQUARE proposed improvement fees to be imposed and collected for improvements HIA FEE and repairs to Canabury Square Condominium housing units within HEARING Housing Improvement Area (HIA) No. 1. The City Administrator reviewed a detailed presentation on the basis in law for and mechanics of Housing Improvement Areas. He then reviewed the specific issues relative to the Canabury Square Condominium HIA. The City Administrator indicated that his recommendation to the Council this evening is to adopt the Canabury Square HIA fee schedule. The Canabury Square owners will have a 45 day veto period to overturn the fee schedule adoption. If 35% of the tax capacity ownership sign a veto petition, the HIA process is stopped. The Administrator reviewed the mechanics for HIA fee payments indicating that once adopted, property owners will have 30 days within which to pay their fee in full or in part (minimum 25% payment) to the City with no interest (payments must be made by April 17, 2009). Given the veto period will run through May 4, 2009, any fees that are paid will be refunded to property owners if an adequate veto petition is received by the City. If the HIA fee schedule is not vetoed, fee balances of record after the April 17, 2009 payment period will be certified to Ramsey County for collection with property taxes over a I S year period. Once certified to the County, early payoffs of fee balances will not be allowed. The Administrator noted that the amount of interest that will be levied on the certified fees will not be known until bonds are sold by the City to