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HomeMy WebLinkAbout2004-156 Council Resolution• CITY OF LINO LAKES RESOLUTION NO. 04 -156 RESOLUTION ADOPTING ASSESSMENT FOR THE RAVENS HOLLOW DEVELOPMENT PROJECT WHEREAS, pursuant to the development agreement dated October 27, 2003, the developer waives all rights to a hearing on the conducting of local improvements which will benefit the properties within the Ravens Hollow 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 and 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, 2005, 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, 2004. 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 24, 2004; 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 December 11 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 Council of the City of Lino Lakes this 25th day of October, 2004. Ann BlaVJ City Clerk - 7 5 - John . Bergeson, Mayor • • AGENDA ITEM 6J(ii) STAFF ORIGINATOR: James E. Studenski, City Engineer COUNCIL MEETING DATE: October 25, 2004 TOPIC: Resolution No. 04 -156, Adopting Assessments, Ravens Hollow Development Project. VOTE REQUIRED: 3/5 Vote Required BACKGROUND: The Ravens Hollow Development Project is currently under construction and is nearing completion. In the development agreement dated October 27, 2003, the property owner waives any and all procedural and substantive objections to the installation of City improvements and the special assessments. The Hailey Manor Development Project is substantially complete and therefore, City Staff is prepared to adopt the assessments. The developer has reviewed and approved the assessments. OPTIONS: 1. Adopt Resolution No. 04 -156, Adopting Assessments for the Ravens Hollow Development Project. 2. Not Adopt Resolution No. 04 -156. 3. Return to staff for further review. RECOMMENDATION: Staff recommends Option No. 1. FINAL ASSES* ROLL • 1 RAVEN'S HOLLOW LINO LAKES, MINNESOTA 25- Jun -04 PIN SANITARY SANITARY SURFACE SEWER WATERMAIN SEWER WATERMAIN WATER AREA AREA UNIT UNIT MGMT TOTAL ADDRESS LOT BLOCK UNIT $672.86/EACH $563.30/EACH $984.00/EACH $1,588.00 /EACH $812.50 /EACH ASSESSMENT 1 1 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 1 2 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 300 Ravens Court 1 3 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 301 Ravens Court 1 4 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 6170 Oak Hollow Lane 1 5 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 6192 Linda Lane 2 1 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 342 Ravens Court 2 2 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 306 Ravens Court 2 3 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 307 Ravens Court 2 4 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 6176 Oak Hollow Lane 2 5 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 6186 Linda Lane 3 1 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 348 Ravens Court 3 2 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 312 Ravens Court 3 3 1 $ 672.86 $ 583.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 313 Ravens Court 3 4 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 3 5 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 6180 Linda Lane 4 1 1 $ 672.86 $ 563.30 $ 984.00 $ 1,568.00 $ 812.50 $ 4,620.66 354 Ravens Court 4 2 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 318 Ravens Court 4 3 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 319 Ravens Court 4 4 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 340 Oak Hollow Lane 4 5 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 6174 Linda Lane 5 1 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 360 Ravens Court 5 2 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 324 Ravens Court 5 3 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 5 4 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 346 Oak Hollow Lane 5 5 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 6168 Linda Lane 6 1 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 366 Ravens Court 6 2 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 6 3 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 6173 Oak Hollow Lane 6 4 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 352 Oak Hollow Lane 6 5 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 7 1 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 372 Ravens Court 7 2 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 6179 Oak Hollow Lane 7 4 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 7 5 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 378 Ravens Court 8 2 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 6185 Oak Hollow Lane 8 4 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 6177 Linda Lane 8 5 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 PIN SANITARY SANITARY SURFACE SEWER MAIN SEWER WATERMAIN WATER AREA AREA UNIT UNIT MGMT TOTAL ADDRESS LOT BLOCK UNIT $672.86 /EACH $563.30/EACH $984.00 /EACH $1,588.00/EACH $812.50 /EACH ASSESSMENT 384 Ravens Court 9 2 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 6191 Oak Hollow Lane 9 4 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 6171 Linda Lane 9 5 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 10 2 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 327 Oak Hollow Lane 10 4 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 379 Ravens Court 10 5 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.68 333 Oak Hollow Lane 11 4 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 373 Ravens Court 11 5 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 339 Oak Hollow Lane 12 4 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 367 Ravens Court 12 5 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 345 Oak Hollow Lane 13 4 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 361 Ravens Court 13 5 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 351 Oak Hollow Lane 14 4 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.68 355 Ravens Court 14 5 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 15 4 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 349 Ravens Court 15 5 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 343 Ravens Court 16 5 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 337 Ravens Court 17 5 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 331 Ravens Court 18 5 1 $ 672.86 $ 563.30 $ 984.00 $ 1,588.00 $ 812.50 $ 4,620.66 TOTAL ASSESSMENTS 56 $ 37,680.00 $ 31,545.00 $ 55,104.00 $ 88,928.00 $ 45,500.00 $ 258,756.99 •