HomeMy WebLinkAbout2015-131 Council ResolutionCITY OF LINO LAKES
RESOLUTION NO. 15-131
RESOLUTION ADOPTING SPECIAL ASSESSMENTS, ISABELL ESTATES
WHEREAS, pursuant to the Isabell Estates development agreement dated November 25, 2014, the
developer waived all procedural and substantive objections to the special assessments, and any
right to appeal,
NOW, THEREFORE, BE IT RESOLVED by the City Council of Lino Lakes:
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 Janua --
2016, and shall bear interest at the rate of five percent (5%) 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, 2015. 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, except that no interest shall be
charged if the entire assessment is paid by November 29, 2015; and the owner may, at any
time thereafter, pay to the City 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 9th day of November, 2015.
The motion for the adoption of the foregoing resolution was introduced by Council Member
Roeser and was duly seconded by Council Member Stoesz and upon vote being
taken thereon, the following voted in favor thereof:
Roeser, Stoesz, Kusterman, Reinert
The following voted against same:
none (Absent - Rafferty)
ATTEST:
e Bartell, City 1lerk
Jeff Rei e , . ayor
CITY COUNCIL
AGENDA ITEM 6F
STAFF ORIGINATOR: Diane L. Hankee, City Engineer
MEETING DATE: November 9, 2015
TOPIC: Consider Resolution No. 15-131, Adopting Assessments, Isabell
Estates
VOTE REQUIRED: 3/5 Vote Required
INTRODUCTION
Staff is requesting City Council consideration to adopt assessments for the Isabell Estates
Development pursuant the Development Agreement.
BACKGROUND
The Isabell Estates development project dated November 25, 2014 is substantially complete, and
therefore City Staff is prepared to adopt the assessments accordingly. The total amount to be
assessed is $55,891.00. The assessments for this development have been paid in full however it is
required to adopt the assessment role.
In the above referenced Development Agreement, 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 Isabell Estates assessments.
RECOMMENDATION
Approve Resolution 15-131, Adopting Assessments, Isabell Estates
ATTACHMENTS
1. Resolution No. 15-131
2. Assessment Roll
FINAL ASSESSMENT ROLL
ISABELL ESTATES ASSESSMENTS
LINO LAKES, MINNESOTA
NOVEMBER 9, 2015
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
08-31-22-24-0045 528 Arlo Lane 1 $ 2,975.00 $ 3,939.00 $ 1,089.00 $ 5,396.00 $ 5,231.33 $ - $ - $ 18,630.33
08-31-22-24-0046 534 Arlo Lane 1 $ 2,975.00 $ 3,939.00 $ 1,089.00 $ 5,396.00 $ 5,231.33 $ $ $ 18,630.33
06-31-22-24-0047 529 Lois Lane 1 $ 2,975.00 $ 3,939.00 $ 1,069.00 $ 5,396.00 $ 5,231.33 $ $ $ 18,630.33
TOTAL $ 8,925.00 $ 11,817.00 $ 3,267.00 $ 16,188.00 $ 15,694.00 $ - $ $ 55,891.00