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HomeMy WebLinkAbout2008-118 Council Resolution• • • Council Member introduced the following resolution and moved its adoption: CITY OF LINO LAKES RESOLUTION NO. 08-118 RESOLUTION ADOPTING ASSESSMENT FOR THE GRANDVIEW DEVELOPMENT PROJECT WHEREAS, pursuant to the development agreement dated October 22, 2007, the developer waives all rights to a hearing on the conducting of local improvements which will benefit the properties within the Grandview Development, NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF LINO LAKES, MINNESOTA: 1. Such proposed assessment, a copy of which is attached hereto and made a part thereof, is hereby accepted and shall constitute the special assessment against the lands named therein, and each tract of land therein included is hereby found to be benefited by the proposed improvement in the amount of the assessment levied against it. 2. Such assessment shall be payable in equal annual installments extending over a period of ten years, the first installment to be payable on or before the first Monday in January, 2009, and shall bear interest at the rate of seven percent (7 %) per annum from the date of the adoption of this assessment resolution. To the first installment shall be added interest on the entire assessment from the date of this resolution until December 31, 2008. To each subsequent installment when due shall be added interest for one year on all unpaid installments. 3. The owner of any property so assessed may, at any time prior to certification of the assessment to the County Auditor, pay the whole of the assessment on such property, with interest accrued to the date of payment, to the City Treasurer, except that no interest shall be charged if the entire assessment is paid by November 15, 2008; and the owner may, at any time thereafter, pay to the City Treasurer the entire amount of the assessment remaining unpaid, with interest accrued to December 31 of the year in which such payment is made. Such payment must be made before November 15 or interest will be charged through December 31 of the next succeeding year. • • • 4. The clerk shall forthwith transmit a certified duplicate of this assessment to the County Auditor to be extended on the property tax lists of the County. Such assessments shall be collected and paid over in the same manner as other municipal taxes. Jo" Bergeson, ayor Adopted by the Lino Lakes City Council this 13th day of October, 2008. The motion for the adoption of the foregoing resolution was duly seconded by Council Member Reinert and upon vote being taken thereon, the following voted in favor thereof: O'Donnell, Reinert, Gallup, Stoltz, Bergeson The following voted against same: none Whereupon said resolution was declared duly passed and adopted. • • • AGENDA ITEM 6Fi STAFF ORIGINATOR: James E. Studenski, City Engineer COUNCIL MEETING DATE: October 13, 2008 TOPIC: Resolution Nos. 08 -118 and 08 -120, Adopting Assessments, 2008 Developments. VOTE REQUIRED: 3/5 Vote Required BACKGROUND: The following development projects are substantially complete, and therefore City Staff is prepared to adopt the assessments accordingly: Development Development Contract Date Grandview Oakwood View Enabling Residence (Friendship Place, Constructed in 2008) October 22, 2007 July 25, 2005 In the above referenced Development Contract, the property owner waives any and all procedural and substantive objections to the installation of City improvements and the special assessments. The developer has reviewed and approved the assessments, respectively. Attached is a breakdown of the developments assessments. RECOMMENDATION: Approve Resolution Nos. 08 -118 and 08 -120, Adopting Assessments, 2008 Developments. • • • FINAL ASSESSMENT ROLL GRAN DVI EW LINO LAKES, MINNESOTA 10/13/2008 SANITARY SURFACE SEWER WATERMAIN WATER TOTAL PIN ADDRESS UNIT UNIT UNIT MGMT ASSESSMENT Block 1, Lot 1 Block 1, Lot 2 Block 1, Lot 3 Block 2, Lot 1 Block 2, Lot 2 Block 2, Lot 3 Block 2, Lot 4 1 $ 2,585.00 $ 3,415.00 $ 1,438.86 $ 7,438.86 1 $ 2,585.00 $ 3,415.00 $ 1,438.86 $ 7,438.86 1 $ 2,585.00 $ 3,415.00 $ 1,438.86 $ 7,438.86 1 $ 2,585.00 $ 3,415.00 $ 1,438.86 $ 7,438.86 1 $ 2,585.00 $ 3,415.00 $ 1,438.86 $ 7,438.86 1 $ 2,585.00 $ 3,415.00 $ 1,438.86 $ 7,438.86 1 $ 2,585.00 $ 3,415.00 $ 1,438.86 $ 7,438.86 TOTAL 7 $ 18,095.00 $ 23,905.00 $ 10,072.00 $ 52,072.00