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HomeMy WebLinkAboutResolution - 2000-125 - Proposed Assessments For Improvements - Charlson Development Area - 07/18/2000 CITY OF EDEN PRAIRIE HENNEPIN COUNTY, IVIINNESOTA RESOLUTION NO. 2000-125 WHEREAS, pursuant to proper notice duly given as required by law, the City Council has met and heard and passed upon all objections in the proposed assessments for the following improvements to wit: (See Exhibit A attached) NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Eden Prairie: 1. Such proposed assessments are hereby accepted and shall constitute the special assessment against the lands in the final assessment rolls, and each tract of land therein included is hereby found to be benefitted by the 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 years as shown on Exhibit A. Installments shall bear interest at the rates shown on Exhibit A, except no interest shall be charged if the entire assessment is paid on or before November 30, 2000. To the first installment shall be added interest on the entire assessment from July 18, 2000 until December 31, 2001. To each subsequent installment when due shall be added interest for one year on all unpaid installments. 3. 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, and such assessments shall be collected and paid over in the same manner as other municipal taxes beginning in 2001. 4. It is hereby declared to be the intention of the Council to reimburse itself in the future for the portion of the cost of this improvement paid for from municipal funds by levying additional assessments, on notice and hearings as provided for the assessments being made, upon any properties abutting on the improvements but not herein assessed for the improvement when changed conditions relating to such properties make such assessment feasible. APPROVED on July 18, 2000. ;an L. Harris, Mayor ATTEST: SEAL Ka en A. Porta, City Clerk Exhibit A 1. I.C. 98-5470 and 99-5484 Street and utility improvements in the Charlson Development Project Cost: $9,176,500.00 Area Previously Assessed: $ -0- Charlson Assessment: $6,802,533.52 Future Assessment: $2,373,966.48 Net Assessment: $6,802,533.52 Acreage Rate $25,414.00/Ac 20 Years at 8.5 % Parcel PID# Property Owner Legal Description 2001 Deferred 2006 $Amount $Amount $Amount 29-116-22-11-0003 Lynn Charlson Unplatted 520,878.60 29-116-22-14-0001 Lynn Charlson Unplatted 135,731.73 28-116-22-23-0001 Lynn Charlson Unplatted 571,792.00 28-116-22-24-0002 Lynn Charlson Unplatted 291,285.19 28-116-22-23-0003 Lynn Charlson Unplatted 541,296.00 28-116-22-42-0003 Lynn Charlson Unplatted 3,576,874.00 28-116-22-41-0001 Lynn Charlson Unplatted 1,164,676.00 PID Int. Yrs. Amount SUPPLEMENTALS Trunk Sewer&Water 29-116-22-11-0003 Lynn Charlson 8.5% 20 199,430.00 29-116-22-14-0001 Lynn Charlson 8.5% 20 56,116.00 28-116-22-23-0001 Lynn Charlson 8.5% 20 110,250.00 28-116-22-24-0002 Lynn Charlson 8.5% 20 56,154.00 28-116-22-23-0003 Lynn Charlson 8.5% 20 104,370.00 28-116-22-42-0003 Lynn Charlson 8.5% 20 709,275.00 28-116-22-41-0001 Lynn Charlson 8.5% 20 284,200.00