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HomeMy WebLinkAboutResolution - 2016-111 - 2016 Special Assessments - 10/18/2016 CITY OF EDEN PRAIRIE HENNEPIN COUNTY,MINNESOTA RESOLUTION NO. 2016-111 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 within 30 days of the adoption of this resolution. To the first installment shall be added interest on the entire assessment from November 1, 2016 until December 31, 2017. To each subsequent installment when due shall be added interest for one year on all unpaid installments. In accordance with Minnesota Statutes Section 429.061 assessments are deferred on unimproved pieces of property as identified on Exhibit A until the time of platting or the construction of improvements thereon. Interest shall be charged to the deferred assessment amount at the annual interest rate indicated in Exhibit A and added to the principal amount until it becomes payable. At the time of platting or construction of improvements thereon, the deferred principal amount plus accrued interest shall be payable in installments over the remaining number of years of the assessment levied herein but in any event not less than five (5) years. The Clerk shall record with the county recorder a certificate containing the legal description of the affected property and of the amount deferred. 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 2017. 4. 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 within 30 days from the adoption of this resolution; and he/she 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. 5. 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 October 18, 2016. N y a-L e or ATTEST: SEAL — 7k;u&'o ) 4& Kat een Porta, City Clerk EXHIBIT A 1. I.C. 14-5877 West 70th Street Extension Project Cost: $1,586,120.47 City Share: $0.00 Net Assessment: $1,586,120.47 Property Owner Parcel PID# Years/% Amount 01-116-22-34-0020 & Liberty Property Limited Partnership 12-116-22-21-0009 15 Years/4.00% $1,586,120.47 2. I.C. 15-5902 Pioneer Trail Turn Lane Improvements Project Cost: $187,224.72 City Share: $0.00 Net Assessment: $187,224.72 Property Owner Parcel PID# Years/% Amount Creative Investments, LLC 27-116-22-22-0004 10 Years at 4.00% $187,224.72 Supplementals Trunk Sewer and Water Parcel PID# Years/ % Amount Severson 02-116-22-12-0001 5 Years at 4.00% $520.00 J M Kirtland Revocable Trust, Etal. 19-116-22-32-0017 5 Years at 4.00% $8,701.35 Associated Well Drillers 27-116-22-14-0004 5 Years at 4.00% $4,094.79 Whitetail Bluff 29-116-22-44-0013 5 Years at 4.00% $7,547.26 IC 01-5537 Eden Prairie Road Whitetail Bluff 29-116-22-44-0013 5 Years at 4.00% $2,812.70 Connection Fees Severson 02-116-22-12-0001 5 Years at 4.00% $20,075.00 Shady Oak Crosstown 2nd Addition 01-116-22-22-0012 5 Years at 4.00% $40,832.00 J M Kirtland Revocable Trust, Etal. 19-116-22-32-0017 5 Years at 4.00% $12,045.00 Associated Well Drillers 27-116-22-14-0004 5 Years at 4.00% $20,416.00 SAC & WAC Fees Severson 02-116-22-12-0001 5 Years at 4.00% $3,380.00 Snow Contracted Removal Outten 20-116-22-43-0058 1 Years at 4.00% $87.50 Tree Contracted Removal Severson 02-116-22-12-0001 1 Years at 4.00% $975.00 Varland 06-116-22-21-0062 3 Years at 4.00% $1,335.00 Weed /Grass Contracted Removal Payne 05-116-22-24-0036 1 Years at 4.00% $175.00