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HomeMy WebLinkAbout2013-110 Council Resolution• CITY OF LINO LAKES RESOLUTION NO. 13 -110 RESOLUTION ADOPTING SPECIAL ASSESSMENTS, LINO LAKES ASSISTED LIVING EXPANSION WHEREAS, pursuant to the development agreement dated June 27, 2013, the developer waives all rights to a hearing on conducting of local improvements which will benefit the properties within The Village No. 5 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 fifteen years, the first installment to be payable on or before the first Monday in January, 2014, 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, 2013. 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, 2013; 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. • Adopted by the City Council of Lino Lakes, Minnesota this 14th day of October, 2013. The motion for the adoption of the foregoing resolution was Roeser and was duly seconded by Council Member taken thereon, the following voted in favor thereof: Roeser, Stoesz, Rafferty, O'Donnell, The following voted against same: none ATTEST: is ne Bartell, C. y Cle introduced by Council Member Stoesz and upon vote being Reinert 9 0 • FINAL ASSESSMENT ROLL OCTOBER 14, 2013 LINO LAKES ASSISTED LIVING EXPANSION ASSESSMENTS LINO LAKES, MINNESOTA SANITARY SURFACE SANITARY WATERMAIN STREET STORM SEWER SEWER WATERMAIN WATER FRONT FRONT FRONT FRONT TOTAL PIN ADDRESS UNIT UNIT UNIT MGMT FOOTAGE FOOTAGE FOOTAGE FOOTAGE ASSESSMENT 17- 31 -22 -12 -0066 Lot 1 Block 1 The Village No. 5 12 $ 34,932.00 $ 46,248.00 $ $ $ - $ - $ - $ 81,180.00 TOTAL $ 34,932.00 $ 46,248.00 $ $ $ $ $ $ 81,180.00 • • • CITY COUNCIL AGENDA ITEM 6B STAFF ORIGINATOR: Jason C. Wedel, City Engineer MEETING DATE: October 14, 2013 TOPIC: Consider Resolution No. 13 -110, Adopting Assessments, Lino Lakes Assisted Living Expansion VOTE REQUIRED: 3/5 Vote Required BACKGROUND The following development project is substantially complete, and therefore City Staff is prepared to adopt the assessments accordingly: Development Development Contract Date The Village No. 5 June 27, 2013 In the above referenced Development Contract, the property owner waives any and all procedural and substantive objections to the special assessments. The developer has reviewed and approved the assessments. Attached is a breakdown of the Lino Lakes Assisted Living Expansion assessments. RECOMMENDATION Approve Resolution 13 -110, Adopting Assessments, Lino Lakes Assisted Living Expansion Which Requested Connection to City Utilities.