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HomeMy WebLinkAboutResolution - 85-270 - Revision to Final Assessment Roll Resolution 85-213 - 11/19/1985 CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA RESOLUTION 85-270 REVISION TO FINAL ASSESSMENT ROLL RESOLUTION 85-213 WHEREAS, the City of Eden Prairie adopted Resolution No. 85-213 on the 1st day of October, 1985, which prescribed final assessments for a variety of improvement projects; WHEREAS, at the request of property owners affected by improvement projects I .C. 52-011A ( Eden Road street improvements) and I .C. 52-059A (Carmel and vicinity subtrunk improvements ) the City has reviewed the impact of the proposed assessments to homesteaded property. NOW, THEREFORE., BE IT RESOLVED by the Eden Prairie City Council : 1. The Council finds that the homesteaded parcels affected by improvement project I .C. 52-011A and I .C. 52-059A would incur undue financial hardships if the assessments are deferred without a 'limit on interest accrual . 2. The Council further finds that the benefits to the properties will not be fully realized unless and until the uses change through the rezoning and development process . 3. As a result of these findings , the Council hereby modifies Resolution No. 85-213 such that "all homesteaded parcels affected by I .C. 52-011A and I .C. 52-059A are deferred and that the accrual of interest shall not exceed 50% of the original principal " . 4. Upon recommendation of the City Attorney, parcels 02-116-22 14 0006, 02-116-22 14 0008 and 02-116-22 41 0002 shall be deleted from the assessment rolls under project I .C. 52-059A and re-levied at some future time pursuant to MN Statutes 429 .051 and 429.071 because such parcels were not included under the improvement hearing for project I .C. 52-059A. ADOPTED by the City Council on November 19, 1985. - Gary DTPeterson, Mayor ATTEST SEAL n .,D-.-`�-rane, Clerk i.�