HomeMy WebLinkAbout2003-174 Council ResolutionCITY OF LINO LAKES
RESOLUTION NO. 03-174
• ADOPTING PROPOSED ASSESSMENT ROLL FOR THE 21' AVENUE STREET &
STORM SEWER 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 assessment for the 21st
Avenue Street & Storm Sewer Improvement Project,
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 2004, 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, 2003. 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 26, 2003. 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.
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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 27th day of October, 2003.
Ann Blair, City Clerk
:i
l
John .Be
Joh rson, Mayor
The City of Centerville's portion of the assessments is calculated per the description in the report, not by the costs per front foot shown.
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AGENDA ITEM 7Bi
STAFF ORIGINATOR: James E. Studenski, City Engineer
COUNCIL MEETING DATE: October 27, 2003
TOPIC: Resolution No. 03-174, Adopting Proposed Assessment Roll, 21' Avenue
Street & Storm Sewer Improvement Project
VOTE REQUIRED: 3/5 Vote Required
BACKGROUND:
On October 13, 2003, the City Council held the Public Hearing for the proposed
assessments for the 21st Avenue Street & Storm Sewer Improvement project. The Public
Hearing was closed on October 13, 2003
Summaries of the project costs and revised assessments are attached. Project costs
projected in the feasibility report were $494,782.00. We were able to use existing
ponding areas within the City of Centerville, which reduced costs for the project. The
total amount to be assessed for the project is $360,000.00. The cost split between the
two cities is $120,000.00 for the City of Centerville and $240,000.00 for the City of Lino
Lakes.
This project includes the reconstruction of existing portions of 21st Avenue and Northern
Lights Boulevard. The benefiting properties are proposed to be assessed for 100% of
the storm sewer costs and 60% of the street costs as defined in the Public Improvement
Financing Policy. The total cost to be assessed is $135,074.02. This results in a
proposed cost of $104,925.98 for the City of Lino Lakes.
OPTIONS:
1. Adopt Resolution 03-174, Adopting Proposed Assessment Roll for the 21St Avenue
Street & Storm Sewer Improvement Project.
2. Not Adopt Resolution No. 03-174.
3. Return to staff for further review.
RECOMMENDATION:
Option No. 1 - Staff recommends that Resolution No. 03-174 be adopted.