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HomeMy WebLinkAbout2003-057 Council ResolutionCITY OF LINO LAKES RESOLUTION NO. 03-57 RESOLUTION AMENDING RESOLUTION 02 -156 TO CHANGE TERM OF ASSESSMENT FOR THE LAKE DRIVE/APOLLO DRIVE IMPROVEMENT PROJECT WHEREAS, pursuant to proper notice duly given as required by law, the City Council met and heard and passed upon all objections to the proposed amended assessment for the improvement of Lake Drive /Apollo Drive, NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF LINO LAKES, MINNESOTA: Such proposed amended 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. 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, 2003, 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, 2002. To each subsequent installment when due shall be added interest for one year on all unpaid installments. 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 within 30 days from the adoption of this resolution; 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. 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 28th day of April, 2003. Ann Blair, Ci Clerk AGENDA ITEM 7J STAFF ORIGINATOR: James E. Studenski, City Engineer COUNCIL MEETING DATE: April 28, 2003 TOPIC: Resolution 03 -57 Amending Resolution 02 -156 to change term of assessment for Lake Drive /Apollo Drive VOTE REQUIRED: 3/5 Vote Required BACKGROUND: On October 28, 2002 the City Council adopted the proposed assessments for the Lake Drive /ApolloDrive project. Due to a clerical error, we are requesting an amendment to Resolution 02 -156. The necessary notices that were mailed to affected property owners indicated a 10 -year term for the assessment. The county received assessment rolls reflecting a 15 -year term. OPTIONS: 1. Adopt Resolution Number 03 -57 Amending Resolution 02 -156 to change the term of the assessment for the Lake Drive /Apollo Drive project. 2. Not adopt Resolution Number 03 -57. RECOMMENDATION: Staff recommends Option No. PROJECT: PLAT: Lino Lakes Market Place Table 1 LEGAL DESC: Lot 1, Block 1 Table 2 P.I.N.: 08- 31- 22- 43-0022 Table 3 CITY OF LINO LAKES ASSESSMENT TABLE CITY IMPROVEMENT ASSESSMENT LL NO. FUND NO. CAP. INTER. ANOKA CO. FUND NO. OWNER: END OF YEAR: ASSESSMENT DATE: INTEREST RATE: ASSESSMENT LENGTH: 12/31/02 10/28/02 7.00% 10 Bond Repayment Assessment Charges Total Assessment $44,407.79 $0.00 $44,407.79 2003-0001 -DS Table 3 NO. Year Principal Interest Total Principal Interest Total Principal Interest Total 1 2003 ($3,214.12) ($3,653.61) ($6,867.73) $0.00 $0.00 $0.00 ($3,214.12) ($3,653.61) ($6,867.73) 2 2004 ($3,439.11) ($2,883.56) ($6,322.67) $0.00 $0.00 $0.00 ($3,439.11) ($2,883.56) ($6,322.67) 3 2005 ($3,679.85) ($2,642.82) ($6,322.67) $0.00 $0.00 $0.00 ($3,679.85) ($2,642.82) ($6,322.67) 4 2006 ($3,937.44) ($2,385.23) ($6,322.67) $0.00 $0.00 $0.00 ($3,937.44) ($2,385.23) ($6,322.67) 5 2007 ($4,213.06) ($2,109.61) ($6,322.67) $0.00 $0.00 $0.00 ($4,213.06) ($2,109.61) ($6,322.67) 6 2008 ($4,507.98) ($1,814.69) ($6,322.67) $0.00 $0.00 $0.00 ($4,507.98) ($1,814.69) ($6,322.67) 7 2009 ($4,823.53) ($1,499.14) ($6,322.67) $0.00 $0.00 $0.00 ($4,823.53) ($1,499.14) ($6,322.67) 8 2010 ($5,161.18) ($1,161.49) ($6,322.67) $0.00 $0.00 $0.00 ($5,161.18) ($1,161.49) ($6,322.67) 9 2011 ($5,522.47) ($800.21) ($6,322.67) $0.00 $0.00 $0.00 ($5,522.47) ($800.21) ($6,322.67) 10 2012 ($5,909.04) ($413.63) ($6,322.67) $0.00 $0.00 $0.00 ($5,909.04) ($413.63) ($6,322.67) TOTAL ($44,407.78) ($19,363.99) ($63,771.76) $0.00 $0.00 $0.00 ($44,407.78) ($19,363.99) ($63,771.76) 4/28/00 323 $545.06 $0.00 $545.06 83553 liked -Lot 1 PROJECT: CITY OF LINO LAKES ASSESSMENT TABLE CITY IMPROVEMENT ASSESSMENT LL NO. FUND NO. CAP. INTER. ANOKA CO. FUND NO. PLAT: Lino Lakes Commercial Dev. Table 1 LEGAL DESC: Lot 1, Block 2 Table 2 P.I.N.: 08 -31 -22-43 -0033 Table 3 OWNER: END OF YEAR: ASSESSMENT DATE: INTEREST RATE: ASSESSMENT LENGTH: 12/31/02 10/28/02 7.00% 10 Bond Repayment Assessment Charges Total Assessment $110,810.81 $0.00 $110,810.81 2003 - 0001 -ds Table 3 NO. Year Principal .- Interest Total Principal Interest Total Principal Interest Total 1 2003 ($8,020.21) ($9,116.85) ($17,137.06) $0.00 $0.00 $0.00 ($8,020.21) ($9,116.85) ($17,137.06) 2 2004 ($8,581.62) ($7,195.34) ($15,776.97) $0.00 $0.00 $0.00 ($8,581.62) ($7,195.34) ($15,776.97) 3 2005 ($9,182.34) ($6,594.63) ($15,776.97) $0.00 $0.00 $0.00 ($9,182.34) ($6,594.63) ($15,776.97) 4 2006 ($9,825.10) ($5,951.86) ($15,776.97) $0.00 $0.00 $0.00 ($9,825.10) ($5,951.86) ($15,776.97) 5 2007 ($10,512.86) ($5,264.11) ($15,776.97) $0.00 $0.00 $0.00 ($10,512.86) ($5,264.11) ($15,776.97) 6 2008 ($11,248.76) ($4,528.21) ($15,776.97) $0.00 $0.00 $0.00 ($11,248.76) ($4,528.21) ($15,776.97) 7 2009 ($12,036.17) ($3,740.79) ($15,776.97) $0.00 $0.00 $0.00 ($12,036.17) ($3,740.79) ($15,776.97) 8 2010 ($12,878.70) ($2,898.26) ($15,776.97) $0.00 $0.00 $0.00 ($12,878.70) ($2,898.26) ($15,776.97) 9 2011 ($13,780.21) ($1,996.75) ($15,776.97) $0.00 $0.00 $0.00 ($13,780.21) ($1,996.75) ($15,776.97) 10 2012 ($14,744.83) ($1,032.14) ($15,776.97) $0.00 $0.00 $0.00 ($14,744.83) ($1,032.14) ($15,776.97) TOTAL ($110,810.80) ($48,318.94) ($159,129.79) $0.00 $0.00 $0.00 ($110,810.80) ($48,318.94) ($159,129.79) 4/28/03• 323 $1,360.09 $0.00 $1,360.09 83553 liked -Lot 1 PROJECT: CITY OF LINO LAKES ASSESSMENT TABLE CITY IMPROVEMENT ASSESSMENT LL NO. FUND NO. CAP. INTER. ANOKA CO. FUND NO. PLAT: Lino Lakes Market Place Table 1 LEGAL DESC: Lot 3, Block 2 Table 2 P.I.N.: 08-31 -22-43 -0024 Table 3 OWNER: END OF YEAR: ASSESSMENT DATE: INTEREST RATE: ASSESSMENT LENGTH: 12/31/02 10/28/02 7.00% 10 Bond Repayment Assessment Charges Total Assessment $39,728.69 $0.00 $39,728.69 2003 -0001 -ds Table 3 NO. Year Principal Interest Total Principal Interest Total Principal Interest Total 1 2003 ($2,875.46) ($3,268.64) ($6,144.10/ $0.00 $0.00 $0.00 ($2,875.46) ($3,268.64) ($6,144.10) 2 2004 ($3,076.75) ($2,579.73) ($5,656.47) $0.00 $0.00 $0.00 ($3,076.75) ($2,579.73) ($5,656.47) 3 2005 ($3,292.12) ($2,364.35) ($5,656.47) $0.00 $0.00 $0.00 ($3,292.12) ($2,364.35) ($5,656.47) 4 2006 ($3,522.57) ($2,133.91) ($5,656.47) $0.00 $0.00 $0.00 ($3,522.57) ($2,133.91) ($5,656.47) 5 2007 ($3,769.15) ($1,887.33) ($5,656.47) $0.00 $0.00 $0.00 ($3,769.15) ($1,887.33) ($5,656.47) 6 2008 ($4,032.99) ($1,623.49) ($5,656.47) $0.00 $0.00 $0.00 ($4,032.99) ($1,623.49) ($5,656.47) 7 2009 ($4,315.30) ($1,341.18) ($5,656.47) $0.00 $0.00 $0.00 ($4,315.30) ($1,341.18) ($5,656.47) 8 2010 ($4,617.37) ($1,039.11) ($5,656.47) $0.00 $0.00 $0.00 ($4,617.37) ($1,039.11) ($5,656.47) 9 2011 ($4,940.58) ($715.89) ($5,656.47) $0.00 $0.00 $0.00 ($4,940.58) ($715.89) ($5,656.47) 10 2012 ($5,286.42) ($370.05) ($5,656.47) $0.00 $0.00 $0.00 ($5,286.42) ($370.05) ($5,656.47) TOTAL ($39,728.71) ($17,323.68) ($57,052.33) $0.00 $0.00 $0.00 ($39,728.71) ($17,323.68) ($57,052.33) 323 $487.63 $0.00 $487.63 83553 • 4/28/0 It 1 •ed-Lot 3 PROJECT: PLAT: Lino Lakes Market Place Table 1 LEGAL DESC: Lot 4, Block 2 Table 2 P.I.N.: 08- 31- 22- 43-0025 Table 3 TABLE CITY OF LINO LAKES ASSESSMENT CITY IMPROVEMENT ASSESSMENT LL NO. FUND NO. CAP. INTER. OWNER: END OF YEAR: ASSESSMENT DATE: INTEREST RATE: ASSESSMENT LENGTH: 12/31/02 10/28/02 7.00% 10 Bond Repayment Assessment Charges Total Assessment $25,313.60 $0.00 $25,313.60 2003 -0001 -ds Table 3 NO. Year Principal B S1100 Interest Total Principal Interest Total Principal Interest Total 1 2003 ($1,832.14) ($2,082.65) ($3,914.79) $0.00 $0.00 $0.00 ($1,832.14) ($2,082.65) ($3,914.79) 2 2004 ($1,960.38) ($1,643.70) ($3,604.09) $0.00 $0.00 $0.00 ($1,960.38) ($1,643.70) ($3,604.09) 3 2005 ($2,097.61) ($1,506.48) ($3,604.09) $0.00 $0.00 $0.00 ($2,097.61) ($1,506.48) ($3,604.09) 4 2006 ($2,244.44) ($1,359.64) ($3,604.09) $0.00 $0.00 $0.00 ($2,244.44) ($1,359.64) ($3,604.09) 5 2007 ($2,401.56) ($1,202.53) ($3,604.09) $0.00 $0.00 $0.00 ($2,401.56) ($1,202.53) ($3,604.09) 6 2008 ($2,569.66) ($1,034.42) ($3,604.09) $0.00 $0.00 $0.00 ($2,569.66) ($1,034.42) ($3,604.09) 7 2009 ($2,749.54) ($854.55) ($3,604.09) $0.00 $0.00 $0.00 ($2,749.54) ($854.55) ($3,604.09) 8 2010 ($2,942.01) ($662.08) ($3,604.09) $0.00 $0.00 $0.00 ($2,942.01) ($662.08) ($3,604.09) 9 2011 ($3,147.95) ($456.14) ($3,604.09) $0.00 $0.00 $0.00 ($3,147.95) ($456.14) ($3,604.09) 10 2012 ($3,368.31) ($235.78) ($3,604.09) $0.00 $0.00 $0.00 ($3,368.31) ($235.78) ($3,604.09) TOTAL ($25,313.60) ($11,037.97) ($36,351.60) $0.00 $0.00 $0.00 ($25,313.60) ($11,037.97) ($36,351.60) 4/28/03 323 $310.70 $0.00 $310.70 ANOKA CO. FUND NO. 83553 lilted -Lot 4 PROJECT: TABLE CITY OF LINO LAKES ASSESSMENT CITY IMPROVEMENT ASSESSMENT LL NO. FUND NO. CAP. INTER. PLAT: Lino Lakes Market Place Table 1 LEGAL DESC: Lot 5, Block 2 Table 2 P.I.N.: 08-31 -22-43 -0026 Table 3 OWNER: END OF YEAR: ASSESSMENT DATE: INTEREST RATE: ASSESSMENT LENGTH: 12/31/02 10/28/02 7.00% 10 Bond Repayment $23,395.47 Assessment Charges $0.00 Total Assessment $23,395 .47 2003 - 0001 -ds Table 3 NO. Year Principal Interest Total Principal Interest Total Principal Interest Total 1 2003 ($1,693.31) ($1,924.84) ($3,618.15) $0.00 $0.00 $0.00 ($1,693.31) ($1,924.84) ($3,618.15) 2 2004 ($1,811.84) ($1,519.15) ($3,330.99) $0.00 $0.00 $0.00 ($1,811.84) ($1,519.15) ($3,330.99) 3 2005 ($1,938.67) ($1,392.32) ($3,330.99) $0.00 $0.00 $0.00 ($1,938.67) ($1,392.32) ($3,330.99) 4 2006 ($2,074.37) ($1,256.62) ($3,330.99) $0.00 $0.00 $0.00 ($2,074.37) ($1,256.62) ($3,330.99) 5 2007 ($2,219.58) ($1,111.41) ($3,330.99) $0.00 $0.00 $0.00 ($2,219.58) ($1,111.41) ($3,330.99) 6 2008 ($2,374.95) ($956.04) ($3,330.99) $0.00 $0.00 $0.00 ($2,374.95) ($956.04) ($3,330.99) 7 2009 ($2,541.20) ($789.79) ($3,330.99) $0.00 $0.00 $0.00 ($2,541.20) ($789.79) ($3,330.99) 8 2010 ($2,719.08) ($611.91) ($3,330.99) $0.00 $0.00 $0.00 ($2,719.08) ($611.91) ($3,330.99) 9 2011 ($2,909.41) ($421.57) ($3,330.99) $0.00 $0.00 $0.00 ($2,909.41) ($421.57) ($3,330.99) 10 2012 ($3,113.07) ($217.92) ($3,330.99\ $0.00 $0.00 $0.00 ($3,113.07) ($217.92) ($3,330.99) TOTAL ($23,395.48) ($10,201.57) ($33,597.06) $0.00 $0.00 $0.00 ($23,395.48) ($10,201.57) ($33,597.06) 4/28/03 323 $287.16 $0.00 $287.16 ANOKA CO. FUND NO. 83553 liked -Lot 5 PROJECT: PLAT: LEGAL DESC: P.I.N.: OWNER: END OF YEAR: ASSESSMENT DATE: INTEREST RATE: ASSESSMENT LENGTH: Lino Lakes Market Place Lot 6, Block 2 08- 31 -22- 43-0027 12/31/02 10/28/02 7.00% 10 Table 1 TABLE CITY OF LINO LAKES ASSESSMENT IMPROVEMENT ASSESSMENT LL NO. CITY FUND NO. CAP. INTER. ANOKA CO. FUND NO. Table 1 Table 2 Table 3 Bond Repayment Assessment Charges Total Assessment Table 2 $27,260.80 $0.00 $27,260.80 2003 - 0001 -ds Table 3 NO. Year Principal Interest Total Principal Interest Total Principal Interest Total 1 2003 ($1,973.07) ($2,242.86) ($4,215.92) $0.00 $0.00 $0.00 ($1,973.07) ($2,242.86) ($4,215.92) 2 2004 ($2,111.18) ($1,770.14) ($3,881.32) $0.00 $0.00 $0.00 ($2,111.18) ($1,770.14) ($3,881.32) 3 2005 ($2,258.97) ($1,622.36) ($3,881.32) $0.00 $0.00 $0.00 ($2,258.97) ($1,622.36) ($3,881.32) 4 2006 ($2,417.09) ($1,464.23) ($3,881.32) $0.00 $0.00 $0.00 ($2,417.09) ($1,464.23) ($3,881.32) 5 2007 ($2,586.29) ($1,295.03) ($3,881.32) $0.00 $0.00 $0.00 ($2,586.29) ($1,295.03) ($3,881.32) 6 2008 ($2,767.33) ($1,113.99) ($3,881.32) $0.00 $0.00 $0.00 ($2,767.33) ($1,113.99) ($3,881.32) 7 2009 ($2,961.04) ($920.28) ($3,881.32) $0.00 $0.00 $0.00 ($2,961.04) ($920.28) ($3,881.32) 8 2010 ($3,168.32) ($713.01) ($3,881.32) $0.00 $0.00 $0.00 ($3,168.32) ($713.01) ($3,881.32) 9 2011 ($3,390.10) ($491.23) ($3,881.32) $0.00 $0.00 $0.00 ($3,390.10) ($491.23) ($3,881.32) 10 2012 ($3,627.41) ($253.92) ($3,881.32) $0.00 $0.00 $0.00 ($3,627.41) ($253.92) ($3,881.32) TOTAL ($27,260.80) ($11,887.05) ($39,147.80) $0.00 $0.00 $0.00 ($27,260.80) ($11,887.05) ($39,147.80) 4/28/031 • Page 1 323 $334.60 $0.00 $334.60 83553 fled-Lot 6 PROJECT: TABLE CITY OF LINO LAKES ASSESSMENT CITY IMPROVEMENT ASSESSMENT • LL NO. FUND NO. CAP. INTER. PLAT: Lino Lakes Market Place Table 1 LEGAL DESC: Lot 7, Block 2 Table 2 P.l.N.: 08 -31- 2243 -0028 Table 3 OWNER: . END OF YEAR: ASSESSMENT DATE: INTEREST RATE: ASSESSMENT LENGTH: 12/31/02 10/28/02 7.00% 10 Bond Repayment $374,444.41 Assessment Charges $0.00 Total Assessment $374,444.41 2330 -0001 -ds Table 3 NO. Year Principal iMG Interest Total Principal Interest Total Principal Interest Total 1 2003 ($27,101.35) ($30,807.03) ($57,908.38) $0.00 $0.00 $0.00 ($27,101.35) ($30,807.03) ($57,908.38) 2 2004 ($28,998.45) ($24,314.01) ($53,312.46) $0.00 $0.00 $0.00 ($28,998.45) ($24,314.01) ($53,312.46) 3 2005 ($31,028.34) ($22,284.12) ($53,312.46) $0.00 $0.00 $0.00 ($31,028.34) ($22,284.12) ($53,312.46) 4 2006 ($33,200.32) ($20,112.14) ($53,312.46) $0.00 $0.00 $0.00 ($33,200.32) ($20,112.14) ($53,312.46) 5 2007 ($35,524.34) ($17,788.12) ($53,312.46) $0.00 $0.00 $0.00 ($35,524.34) ($17,788.12) ($53,312.46) 6 2008 ($38,011.05) ($15,301.41) ($53,312.46) $0.00 $0.00 $0.00 ($38,011.05) ($15,301.41) ($53,312.46) 7 2009 ($40,671.82) ($12,640.64) ($53,312.46) $0.00 $0.00 $0.00 ($40,671.82) ($12,640.64) ($53,312.46) 8 2010 ($43,518.85) ($9,793.61) ($53,312.46) $0.00 $0.00 $0.00 ($43,518.85) ($9,793.61) ($53,312.46) 9 2011 ($46,565.17) ($6,747.29) ($53,312.46) $0.00 $0.00 $0.00 ($46,565.17) ($6,747.29) ($53,312.46) 10 2012 ($49,824.73) ($3,487.73) ($53,312.46) $0.00 $0.00 $0.00 ($49,824.73) ($3,487.73) ($53,312.46) TOTAL ($374,444.42) ($163,276.10) ($537,720.52) $0.00 $0.00 $0.00 ($374,444.42) ($163,276.10) ($537,720.52) 4/28/03 323 $4,595.92 $0.00 $4,595.92 ANOKA CO. FUND NO. 83553 •ed -Lot 7 PROJECT: PLAT: Lino Lakes Market Place Table 1 LEGAL DESC: Lot 8, Block 2 Table 2 P.I.N.: 08- 31- 22- 440005 Table 3 CITY OF LINO LAKES ASSESSMENT TABLE CITY IMPROVEMENT ASSESSMENT LL NO. FUND NO. CAP. INTER. ANOKA CO. FUND NO. OWNER: END OF YEAR: ASSESSMENT DATE: INTEREST RATE: ASSESSMENT LENGTH: 12/31/02 10/28/02 7.00% 10 Bond Repayment. Assessment Charges Total Assessment $606,818.72 $0.00 $606,818.72 2003 -0001 -ds Table 3 NO. Year Principal • M Interest Total Principal Interest Total Principal Interest Total 1 2003 ($43,920.02) ($49,925.39) ($93,845.41) $0.00 $0.00 $0.00 ($43,920.02) ($49,925.39) ($93,845.41) 2 2004 ($46,994.43) ($39,402.91) ($86,397.33) $0.00 $0.00 $0.00 ($46,994.43) ($39,402.91) ($86,397.33) 3 2005 ($50,284.03) ($36,113.30) ($86,397.33) $0.00 $0.00 $0.00 ($50,284.03) ($36,113.30) ($86,397.33) 4 2006 ($53,803.92) ($32,593.42) ($86,397.33) $0.00 $0.00 $0.00 ($53,803.92) ($32,593.42) ($86,397.33) 5 2007 ($57,570.19) ($28,827.14) ($86,397.33) $0.00 $0.00 $0.00 ($57,570.19) ($28,827.14) ($86,397.33) 6 2008 ($61,600.11) ($24,797.23) ($86,397.33) $0.00 $0.00 $0.00 ($61,600.11) ($24,797.23) ($86,397.33) 7 2009 ($65,912.11) ($20,485.22) ($86,397.33) $0.00 $0.00 $0.00 ($65,912.11) ($20,485.22) ($86,397.33) 8 2010 ($70,525.96) ($15,871.37) ($86,397.33) $0.00 $0.00 $0.00 ($70,525.96) ($15,871.37) ($86,397.33) 9 2011 ($75,462.78) ($10,934.56) ($86,397.33) $0.00 $0.00 $0.00 ($75,462.78) ($10,934.56) ($86,397.33) 10 2012 ($80,745.17) ($5,652.16) ($86,397.33) $0.00 $0.00 $0.00 ($80,745.17) ($5,652.16) ($86,397.33) TOTAL 0606,818.72) ($264,602.70) ($871,421.38) $0.00 $0.00 $0.00 ($606,818.72) ($264,602.70) ($871,421.38) 4/28/00 323 $7,448.08 $0.00 $7,448.08 83553 liked -Lot 8 PROJECT: TABLE CITY OF LINO LAKES ASSESSMENT CITY IMPROVEMENT ASSESSMENT LL NO. FUND NO. CAP. INTER. ANOKA CO. FUND NO. PLAT: Lino Lakes Market Place 2nd Table 1 LEGAL DESC: Lot 1, Block 2 Table 2 P.I.N.: 08 -31 -22-43 -0036 Table 3 OWNER: END OF YEAR: ASSESSMENT DATE: INTEREST RATE: ASSESSMENT LENGTH: 12/31/02 10/28/02 7.00% 10 i a Bond Repayment Assessment Charges Total Assessment Table 2 $40,920.26 $0.00 $40,920.26 2003 - 0001 -ds Table 3 NO. Year Principal Interest Total Principal Interest Total Principal Interest Total 1 2003 ($2,961.71) ($3,366.67) ($6,328.37) $0.00 $0.00 $0.00 ($2,961.71) ($3,366.67) ($6,328.37) 2 2004 ($3,169.03) ($2,657.10) ($5,826.12) $0.00 $0.00 $0.00 ($3,169.03) ($2,657.10) ($5,826.12) 3 2005 ($3,390.86) ($2,435.27) ($5,826.12) $0.00 $0.00 $0.00 ($3,390.86) ($2,435.27) ($5,826.12) 4 2006 ($3,628.22) ($2,197.91) ($5,826.12) $0.00 $0.00 $0.00 ($3,628.22) ($2,197.91) ($5,826.12) 5 2007 ($3,882.19) ($1,943.93) ($5,826.12) $0.00 $0.00 $0.00 ($3,882.19) ($1,943.93) ($5,826.12) 6 2008 ($4,153.95) ($1,672.18) ($5,826.12) $0.00 $0.00 $0.00 ($4,153.95) ($1,672.18) ($5,826.12) 7 2009 ($4,444.72) ($1,381.40) ($5,826.12) $0.00 $0.00 $0.00 ($4,444.72) ($1,381.40) ($5,826.12) 8 2010 ($4,755.85) ($1,070.27) ($5,826.12) $0.00 $0.00 $0.00 ($4,755.85) ($1,070.27) ($5,826.12) 9 2011 ($5,088.76) ($737.36) ($5,826.12) $0.00 $0.00 $0.00 ($5,088.76) ($737.36) ($5,826.12) 10 2012 ($5,444.98) ($381.15) ($5,826.12) $0.00 $0.00 $0.00 ($5,444.98) ($381.15) ($5,826.12) TOTAL ($40,920.27) ($17,843.24) ($58,763.45) $0.00 $0.00 $0.00 ($40,920.27) ($17,843.24) ($58,763.45) 323 $502.25 $0.00 $502.25 83553 •• 41110 4/28/03 Page 1 Revised -Lot 1 PROJECT: TABLE CITY OF LINO LAKES ASSESSMENT IMPROVEMENT CITY ASSESSMENT LL NO. FUND NO. CAP. INTER. ANOKA CO. FUND NO. PLAT: Lino Lakes Market Place 2nd Table 1 LEGAL DESC: Lot 2, Block 2 Table 2 P.I.N.: 08-31 -22-43 -0037 Table 3 OWNER: END OF YEAR: ASSESSMENT DATE: INTEREST RATE: ASSESSMENT LENGTH: 12/31/02 10/28/02 7.00% 10 Bond Repayment Assessment Charges Total Assessment Table 2 $51,411.89 $0.00 $51,411.89 2003 -0001 -ds Table 3 NO. Year Principal Interest Total Principal Interest Total Principal Interest Total 1 2003 ($3,721.06) ($4,229.86) ($7,950.93) $0.00 $0.00 $0.00 ($3,721.06) ($4,229.86) ($7,950.93) 2 2004 ($3,981.54) ($3,338.36) ($7,319.90) $0.00 $0.00 $0.00 ($3,981.54) ($3,338.36) ($7,319.90) 3 2005 ($4,260.25) ($3,059.65) ($7,319.90) $0.00 $0.00 $0.00 ($4,260.25) ($3,059.65) ($7,319.90) 4 2006 ($4,558.46) ($2,761.43) ($7,319.90) $0.00 $0.00 $0.00 ($4,558.46) ($2,761.43) ($7,319.90) 5 2007 ($4,877.56) ($2,442.34) ($7,319.90) $0.00 $0.00 $0.00 ($4,877.56) ($2,442.34) ($7,319.90) 6 2008 ($5,218.99) ($2,100.91) ($7,319.90) $0.00 $0.00 $0.00 ($5,218.99) ($2,100.91) ($7,319.90) 7 2009 ($5,584.31) ($1,735.58) ($7,319.90) $0.00 $0.00 $0.00 ($5,584.31) ($1,735.58) ($7,319.90) 8 2010 ($5,975.22) ($1,344.68) ($7,319.90) $0.00 $0.00 $0.00 ($5,975.22) ($1,344.68) ($7,319.90) 9 2011 ($6,393.48) ($926.42) ($7,319.90) $0.00 $0.00 $0.00 ($6,393.48) ($926.42) ($7,319.90) 10 2012 ($6,841.02) ($478.87) ($7,319.90) $0.00 $0.00 $0.00 ($6,841.02) ($478.87) ($7,319.90) TOTAL ($51,411.89) ($22,418.10) ($73,830.03) $0.00 $0.00 $0.00 ($51,411.89) ($22,418.10) ($73,830.03) 323 $631.03 $0.00 $631.03 83553 4/28/03• Page 1 • Red -Lot 2 PROJECT: TABLE CITY OF LINO LAKES ASSESSMENT CITY IMPROVEMENT ASSESSMENT LL NO. FUND NO. CAP. INTER. ANOKA CO. FUND NO. PLAT: Lino Lakes Market Place 2nd Table 1 LEGAL DESC: Lot 3, Block 2 Table 2 P.I.N.: 08 -31 -22-43 -0038 Table 3 OWNER: END OF YEAR: ASSESSMENT DATE: INTEREST RATE: ASSESSMENT LENGTH: 12/31/02 10/28/02 7.00% 10 Table 1 Bond Repayment Assessment Charges Total Assessment Table 2 $38,188.37 $0.00 $38,188.37 2330- 0001 -ds Table 3 NO. Year Principal Interest Total Principal Interest Total Principal Interest Total 1 2003 ($2,763.98) ($3,141.91) ($5,905.88) $0.00 $0.00 $0.00 ($2,763.98) ($3,141.91) ($5,905.88) 2 2004 ($2,957.46) ($2,479.71) ($5,437.16) $0.00 $0.00 $0.00 ($2,957.46) ($2,479.71) ($5,437.16) 3 2005 ($3,164.48) ($2,272.69) ($5,437.16) $0.00 $0.00 $0.00 ($3,164.48) ($2,272.69) ($5,437.16) 4 2006 ($3,385.99) ($2,051.17) ($5,437.16) $0.00 $0.00 $0.00 ($3,385.99) ($2,051.17) ($5,437.16) 5 2007 ($3,623.01) ($1,814.15) ($5,437.16) $0.00 $0.00 $0.00 ($3,623.01) ($1,814.15) ($5,437.16) 6 2008 ($3,876.62) ($1,560.54) ($5,437.16) $0.00 $0.00 $0.00 ($3,876.62) ($1,560.54) ($5,437.16) 7 2009 ($4,147.99) ($1,289.18) ($5,437.16) $0.00 $0.00 $0.00 ($4,147.99) ($1,289.18) ($5,437.16) 8 2010 ($4,438.35) ($998.82) ($5,437.16) $0.00 $0.00 $0.00 ($4,438.35) ($998.82) ($5,437.16) 9 2011 ($4,749.03) ($688.13) ($5,437.16) $0.00 $0.00 $0.00 ($4,749.03) ($688.13) ($5,437.16) 10 2012 ($5,081.46) ($355.70) ($5,437.16) $0.00 $0.00 $0.00 ($5,081.46) ($355.70) ($5,437.16) TOTAL ($38,188.37) ($16,652.00) ($54,840.32) $0.00 $0.00 $0.00 ($38,188.37) ($16,652.00) ($54,840.32) 323 $468.72 $0.00 $468.72 83553 4/28/03 41111 Pa e 1 Re sed -Lot 3 PROJECT: TABLE PLAT: Lino Lakes Commercial Dev. Table 1 LEGAL DESC: Lot 1, Block 1 Table 2 P.I.N.: 17- 31 -22 -12 -0008 Table 3 OWNER: END OF YEAR: ASSESSMENT DATE: INTEREST RATE: ASSESSMENT LENGTH: 12/31/02 10/28/02 7.00% 10 CITY OF LINO LAKES ASSESSMENT CITY IMPROVEMENT ASSESSMENT LL NO. FUND NO. CAP. INTER. Bond Repayment $176,258.75 2003- 0001 -ds 323 $2,163.40 Assessment Charges $0.00 $0.00 Total Assessment $176,258.75 $2,163.40 Table 3 NO. Year Principal 1 OYIC , Interest Total Principal Interest Total Principal Interest Total 1 2003 ($12,757.17) ($14,501.51) ($27,258.68) $0.00 $0.00 $0.00 ($12,757.17) ($14,501.51) ($27,258.68) 2 2004 ($13,650.17) ($11,445.11) ($25,095.28) $0.00 $0.00 $0.00 ($13,650.17) ($11,445.11) ($25,095.28) 3 2005 ($14,605.68) ($10,489.60) ($25,095.28) $0.00 $0.00 $0.00 ($14,605.68) ($10,489.60) ($25,095.28) 4 2006 ($15,628.08) ($9,467.20) ($25,095.28) $0.00 $0.00 $0.00 ($15,628.08) ($9,467.20) ($25,095.28) 5 2007 ($16,722.05) ($8,373.24) ($25,095.28) $0.00 $0.00 $0.00 ($16,722.05) ($8,373.24) ($25,095.28) 6 2008 ($17,892.59) ($7,202.69) ($25,095.28) $0.00 $0.00 $0.00 ($17,892.59) ($7,202.69) ($25,095.28) 7 2009 ($19,145.07) ($5,950.21) ($25,095.28) $0.00 $0.00 $0.00 ($19,145.07) ($5,950.21) ($25,095.28) 8 2010 ($20,485.22) ($4,610.06) ($25,095.28) $0.00 $0.00 $0.00 ($20,485.22) ($4,610.06) ($25,095.28) 9 2011 ($21,919.19) ($3,176.09) ($25,095.28) $0.00 $0.00 $0.00 ($21,919.19) ($3,176.09) ($25,095.28) 10 2012 ($23,453,53) ($1,641.75) ($25,095.28) $0.00 $0.00 $0.00 ($23,453.53) ($1,641.75) ($25,095.28) TOTAL ($176,258.75) ($76,857.46) ($253,116.20) $0.00 $0.00 $0.00 ($176,258.75) ($76,857.46) ($253,116.20) 4/28/03• ANOKA CO. FUND NO. 83553 Revot B -R1 PROJECT: PLAT: Lino Lakes Commercial Dev. Table 1 LEGAL DESC: Lot 2, Block 1 Table 2 P.I.N.: 17- 31 -22 -12 -0009 Table 3 TABLE CITY OF LINO LAKES ASSESSMENT CITY IMPROVEMENT ASSESSMENT LL NO. FUND NO. CAP. INTER. OWNER: END OF YEAR: ASSESSMENT DATE: INTEREST RATE: ASSESSMENT LENGTH: 12/31/02 10/28/02 7.00% 10 Bond Repayment Assessment Charges Total Assessment $118,038.11 $0.00 $118,038.11 2003-0001 -ds Table 3 NO. Year Principal ,v Interest Total Principal Interest Total Principal Interest Total 1 2003 ($8,543.30) ($9,711.47) ($18,254.77) $0.00 $0.00 $0.00 ($8,543.30) ($9,711.47) ($18,254.77) 2 2004 ($9,141.33) ($7,664.64) ($16,805.97) $0.00 $0.00 $0.00 ($9,141.33) ($7,664.64) ($16,805.97) 3 2005 ($9,781.23) ($7,024.74) ($16,805.97) $0.00 $0.00 $0.00 ($9,781.23) ($7,024.74) ($16,805.97) 4 2006 ($10,465.91) ($6,340.06) ($16,805.97) $0.00 $0.00 $0.00 ($10,465.91) ($6,340.06) ($16,805.97) 5 2007 ($11,198.53) ($5,607.44) ($16,805.97) $0.00 $0.00 $0.00 ($11,198.53) ($5,607.44) ($16,805.97) 6 2008 ($11,982.43) ($4,823.55) ($16,805.97) $0.00 $0.00 $0.00 ($11,982.43) ($4,823.55) ($16,805.97) 7 2009 ($12,821.20) ($3,984.78) ($16,805.97) $0.00 $0.00 $0.00 ($12,821.20) ($3,984.78) ($16,805.97) 8 2010 ($13,718.68) ($3,087.29) ($16,805.97) $0.00 $0.00 $0.00 ($13,718.68) ($3,087.29) ($16,805.97) 9 2011 ($14,678.99) ($2,126.99) ($16,805.97) $0.00 $0.00 $0.00 ($14,678.99) ($2,126.99) ($16,805.97) 10 2012 ($15,706.52) ($1,099.46) ($16,805.97) $0.00 $0.00 $0.00 ($15,706.52) ($1,099.46) ($16,805.97) TOTAL ($118,038.12) ($51,470.42) ($169,508.50) $0.00 $0.00 $0.00 ($118,038.12) ($51,470.42) ($169,508.50) 4/28/00 323 $1,448.80 $0.00 $1,448.80 ANOKA CO. FUND NO. 83553 RevLot B -R2 PROJECT: TABLE CITY OF LINO LAKES ASSESSMENT CITY IMPROVEMENT ASSESSMENT LL NO. FUND NO. CAP. INTER. ANOKA CO. FUND NO. PLAT: Lino Lakes Commercial Dev. Table 1 LEGAL DESC: Lot 3, Block 1 Table 2 P.I.N.: 08 -31 -22-43 -0039 Table 3 OWNER: END OF YEAR: ASSESSMENT DATE: INTEREST RATE: ASSESSMENT LENGTH: 12/31/02 10/28/02 7.00% 10 Table 1 Bond Repayment Assessment Charges Total Assessment Table 2 $118,356.68 $0.00 $118,356.68 2003 - 0001 -ds Table 3 NO. Year Principal Interest Total Principal Interest Total Principal Interest Total 1 2003 ($8,566.36) ($9,737.68) ($18,304.04) $0.00 $0.00 $0.00 ($8,566.36) ($9,737.68) ($18,304.04) 2 2004 ($9,166.01) ($7,685.32) ($16,851.33) $0.00 $0.00 $0.00 ($9,166.01) ($7,685.32) ($16,851.33) 3 2005 ($9,807.63) ($7,043.70) ($16,851.33) $0.00 $0.00 $0.00 ($9,807.63) ($7,043.70) ($16,851.33) 4 2006 ($10,494.16) ($6,357.17) ($16,851.33) $0.00 $0.00 $0.00 ($10,494.16) ($6,357.17) ($16,851.33) 5 2007 ($11,228.75) ($5,622.58) ($16,851.33) $0.00 $0.00 $0.00 ($11,228.75) ($5,622.58) ($16,851.33) 6 2008 ($12,014.76) ($4,836.56) ($16,851.33) $0.00 $0.00 $0.00 ($12,014.76) ($4,836.56) ($16,851.33) 7 2009 ($12,855.80) ($3,995.53) ($16,851.33) $0.00 $0.00 $0.00 ($12,855.80) ($3,995.53) ($16,851.33) 8 2010 ($13,755.70) ($3,095.62) ($16,851.33) $0.00 $0.00 $0.00 ($13,755.70) ($3,095.62) ($16,851.33) 9 2011 ($14,718.60) ($2,132.73) ($16,851.33) $0.00 $0.00 $0.00 ($14,718.60) ($2,132.73) ($16,851.33) 10 2012 ($15,748.91) ($1,102.42) ($16,851.33) $0.00 $0.00 $0.00 ($15,748.91) ($1,102.42) ($16,851.33) TOTAL ($118,356.68) ($51,609.31) ($169,966.01) $0.00 $0.00 $0.00 ($118,356.68) ($51,609.31) ($169,966.01) 4/28/03• 323 $1,452.71 $0.00 $1,462.71 83553 RevisiLot B -R3 PROJECT: TABLE CITY OF LINO LAKES ASSESSMENT CITY IMPROVEMENT ASSESSMENT LL NO. FUND NO. CAP. INTER. ANOKA CO. FUND NO. PLAT: Lino Lakes Commercial Dev. Table 1 LEGAL DESC: Lot 4, Block 1 Table 2 P.I.N.: 08-31 -22-43 -0040 Table 3 OWNER: END OF YEAR: ASSESSMENT DATE: INTEREST RATE: ASSESSMENT LENGTH: 12/31/02 10/28/02 7.00% 10 Table 1 Bond Repayment Assessment Charges Total Assessment Table 2 $196,328.65 $0.00 $196,328.65 2003-0001 -ds Table 3 NO. Year Principal Interest Total Principal Interest Total Principal Interest Total 1 2003 ($14,209.78) ($16,152.74) ($30,362.51) $0.00 $0.00 $0.00 ($14,209.78) ($16,152.74) ($30,362.51) 2 2004 ($15,204.46) ($12,748.32) ($27,952.78) $0.00 $0.00 $0.00 ($15,204.46) ($12,748.32) ($27,952.78) 3 2005 ($16,268.77) ($11,684.01) ($27,952.78) $0.00 $0.00 $0.00 ($16,268.77) ($11,684.01) ($27,952.78) 4 2006 ($17,407.59) ($10,545.19) ($27,952.78) $0.00 $0.00 $0.00 ($17,407.59) ($10,545.19) ($27,952.78) 5 2007 ($18,626.12) ($9,326.66) ($27,952.78) $0.00 $0.00 $0.00 ($18,626.12) ($9,326.66) ($27,952.78) 6 2008 ($19,929.95) ($8,022.84) ($27,952.78) $0.00 $0.00 $0.00 ($19,929.95) ($8,022.84) ($27,952.78) 7 2009 ($21,325.04) ($6,627.74) ($27,952.78) $0.00 $0.00 $0.00 ($21,325.04) ($6,627.74) ($27,952.78) 8 2010 ($22,817.80) ($5,134.99) ($27,952.78) $0.00 $0.00 $0.00 ($22,817.80) ($5,134.99) ($27,952.78) 9 2011 ($24,415.04) ($3,537.74) ($27,952.78) $0.00 $0.00 $0.00 ($24,415.04) ($3,537.74) ($27,952.78) 10 2012 ($26,124.10) ($1,828.69) ($27,952.78) $0.00 $0.00 $0.00 ($26,124.10) ($1,828.69) ($27,952.78) TOTAL ($196,328.65) ($85,608.92) ($281,937.53) $0.00 $0.00 $0.00 ($196,328.65) ($85,608.92) ($281,937.53) 4/28/03• 323 $2,409.73 $0.00 $2,409.73 83553 Revise -Lot B -R4