HomeMy WebLinkAboutgr00090_000041_pg218July 26, 1976 Page 7
Ken Sjodin, representing the Rosenquists, stated that the
first approach is definitely out, the second would not be
fair to present owners because they'd be penalized for owning
land. He requested the third approach of deferment and also
suspending the interest. Mr. Sjodin added that the problem
for the owners was created by the City putting in the new
street.
Atty. Meyers said Council could approve the plat and owners
would stop paying taxes on Outlot B. Or, Council can work out
deferment agreement which can be filed with the property which,
again, may not get paid. Interest could be deferred, also.
Ken Sjodin stated that it is unfair to charge interest on
property that is unusable and was made unusable by the City.
Robert Glazer, 2625 Hillview Rd., asked the courts decision on
improvements where the owner is not benefitted. Atty. Meyers
replied that this is a valid assessment, appeal time has lapsed.
Reapportioning the assessments to the buildable lots would
open the door to appeal, which should be avoided.
Atty. asked if Council wanted a guarantee with the owner,
if Council wanted to waive interest, make the deferment four
or five years. Could get a promissory note that the owners
will pay off the assessment in five years interest -free.
Admin. Achen asked if, after the five -year period, Council
could renegotiate that? Atty. indicated yes. Admin.
pointed out that property owners on a fixed income would
want to know what would happen in five years if nothing could
be worked out with adjacent land owners; they'd have to depend
on the good will of the Council at that time to renegotiate.
Atty. Meyers suggested a personal obligation; consideration
being approval of the plat. Mr. Sjodin stated times have changed
and it is rare to find land for back taxes; he didn't think
Council would have to worry about that. Atty. Meyers stated
that if Council agrees with that, then simply go ahead and
approve the plat.
As far as waiving interest, Mr. Sjodin indicated that if it
takes four years to work out an agreement with adjacent property
owners, interest would wipe out any profit the owners would
make at that time. Originally, this land was the Rosenquist's
and valuable land; now it is a detriment to them.
Councilman Pickar stated that Mr. Sjodin has a valid point
inasmuch as the City created this situation. Councilman Pickar
stated being in favor of working out a solution of deferring
interest for a period until such time that agreement can be
made between the land owners or sale of the property involved.
The City has an obligation to work out something for them.