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HomeMy WebLinkAbout6A Prior South Street Improv AGENDA #: PREPARED BY: SUBJECT: DATE: BACKGROUND: DISCUSSION: ISSUES: ALTERNATIVES: STAFF AGENDA REPORT ~~ANK BOYLES, CITY MANAGER 0x~ CONTINUATION OF COMBINED UBLlC HEARING AND ASSESSMENT HEARING ON PRI OUTH STREET IMPROVEMENT PROJECT 94-01 AND OTHER 1994 PROJECTS AND CONSIDER APPROVAL OF RESOLUTION 94-29 JULY 18,1994 This report provides a second alternative for the City Council to consider for special assessing benefitting properties in the Prior South area. Attached for information is a copy of an approving resolution which would authorize this assessment method rather than that which was contained the agenda packet for the July 18 meeting, and an assessment roll showing the assessments which would result from this method. In my July 8 Update memorandum I identified two options which the City Council could consider for the assessment of benefitting properties in Prior South. One alternative has been reviewed as part of your original agenda packet. This report describes another alternative. Under this assessment proposal, front foot method would be used but the the rate would be adjusted from $63.47 per front foot to $54.47 per front foot for each single family unit. This front footage rate compares well with the front footage to be assessed on Northwood Road. It also corresponds with the appraisal conducted for the city earlier this year. While that appraisal focused primarily on a per unit calculation, a similar square footage figure is reached by dividing the unit number of $4860 by the typical lot size of 90 feet. The front footage for the multi family and commercial would remain at $63.47 originally proposed. This is done in recognition that the multi family units do contribute a comparatively larger degree of traffic intensity to the roadway and the fact that the appraisal supported the assessment amount for commercial and multi family. This assessment method recognizes that there is a correlation between benefit and parcel size. It is also somewhat more consistent with the current ordinance in that it is based upon front footage. On the other hand, the appraiser had a greater comfort level with the per unit assessment. The Council may elect to: 1. Adopt the original assessment roll from the July 5 meeting. process. 2. Adopt the assessment roll and process contained in the agenda packet for this meeting. -1- 4629 Dakota St. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245 AN EQUAL OPPORTUNIlY EMPLOYER .. T . 3. Adopt this assessment roll and process. 4. Disapprove the project. RECOMMENDATION: Adopt one of the two alternate assessment methods and proceed with project construction. In either case, the residents benefit significantly through a reduced assessment, the assessments are defensible based on our own appraisal and the project assures that some of the worst roadways in Prior Lake are reconstructed and renewed. ACTION REQUIRED: Motion and adoption of the appropriate Resolution and assessment roll. AGNSUP,WRT -2- . .~.~-...~_,~O<.~.... ,,'- .._......,....__t__.._.,..,.~... _<00." '",' '_.'. _ _.__.".,.~....~,." DATE: 6A BRUCE LONEY, ASSISTANT CITY ENGINEER CONTINUATION OF COMBINED PUBLIC HEARING AND ASSESSMENT HEARING ON PRIOR SOUTH STREET IMPROVEMENT PROJECT #94-01, AND OTHER 1994 PROJECTS - AND CONSIDER APPROVAL OF RESOLUTION 94-29 JULY 18, 1994 AGENDA NUMBER: PREPARED BY: SUBJECT: INTRODUCTION: The purpose for this Agenda item is to conclude the Assessment Hearing for Prior South Street Improvement Project 94-01, and for adoption of the enclosed assessment roll by approving Resolution 94-29. BACKGROUND: At its regular meeting of May 2, 1994, the Council approved Resolution 94-22 which declared the cost to be assessed, and ordered the preparation of the assessment roll. Also Resolution 94-23 was approved establishing the date of the Assessment Hearing for the Prior South street improvements. At the June 6, 1994, Council meeting the assessment healing for Plior South so"eet improvements was opened. Written and oral comments were received and entered into the record. The hearing was continued to allow the City to conduct a new Public Hearing on the Prior South project, including other 1994 projects in the bond issue. On July 5, 1994, the Assessment Hearing was continued to consider the assessments for the Prior South so"eet improvement project and the deferment of Lot 5, Block 4, Prior South, per Prior Lake City Code Chapter 1-13. At this meeting, several residents presented a wlitten objection and a petition objecting to the proposed assessments and, in particulal', the 60% assessed proportion versus 40% general ad valorem tax levy split. Also, the residents questioned the assessment rate method for commercial and multi-family property being the same as single family residential and whether the assessment policy is applicable when the street is totally reconstructed. At the July 5, 1994, meeting it was decided to continue the hea.J.ing until J lily 18, 1994, and staff was directed to review the proposed assessment roll for compliance of City assessment requirements 4629 Dakota St. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245 AN EQUAL OPPt)RTUNllY EMPLOYER " T and if unique circumstances are affecting th assessments for this project. A notice has been sent to all property owners within the project as to the continuance of the Assessment Hearing to July 18, 1994. DISCUSSION: All property owners have been mailed a Statement of Special Assessments which included all appropriate information pertinent to their property based upon Prior Lake City Code Chapter 9-1-6. This assessment policy was adopted on January 14, 1985, and was the basis for the assessments on street improvement Projects 85-11 (Willow/Green Heights), 86-11 (Hidden Oaks/Oakwood Hills), 89-11 (Downtown area). This policy calls for assessments to be based on a front footage method, to be current with no deferments except those allowed by Prior Lake City Code Chapter 1-13, and the assessment split to general ad valorem tax levy be 60% to 40%. The Assessment Policy Ordinance does define street overlaying as; "A street improvement project whereby a new bed of road material such as bituminous is installed over an existing paved road to a specified thickness". Using a strict interpretation of this definition, a street reconstruction project such as Prior South could be excluded from the requirements of the Prior Lake City Code per Glenn Kessel, City Attorney. The previous street overlay projects done in 1985, 1986 and 1989 had portions of streets that were reconstructed and portions of street that were overlayed with bituminous material. The ordinance was applied to these projects in regards to assessments. The Prior South project as proposed is reconstructing 100% of the streets within the project area. Based on the rationale of a 100% street reconstruction project and a strict interpretation of the Prior Lake City Code street overlaying definition, the requirements of the City Code could be waived by Council. Staff was directed at the July 5, 1994, meeting to review the proposed assessments for the Prior South project. An appraisal has been completed for the project to determine the benefit to the parcels being assessed. The appraisal supported $4,860.00 benefit to a single family residential lot. Multi-family and commercial property off of Brunswick Avenue had a benefit which was appraised to $20,160.00 and $22,000.00 respectively. The single family residents could be assessed on a front footage basis with a cap of $4,860.00, and the multi-family and commercial properties at the project rate of $63.47/FF, and sustain benefit based upon an appraisal. With the consideration that the "Overlay Ordinance" does not strictly apply to street reconstruction projects, staff has three alternatives for Council to consider for Prior South and are as follows: 1. Assess the project on a front footage basis at $63.47/FF as per the assessment role presented on June 6, 1994 and July 5, 1994. 2 Prior Lake Code Chapter 1-13 allows for the deferment of assessment principal and interest if the following four criteria are satisfied: 1. Applicant must be 65 years of age or older. 2. The qualifying property must be the homestead of the applicant. 3. Annual gross income shall not exceed the income limits as set forth by family size according to Attachment A of Ordinance 86-03. 4. Total special assessments to be deferred must exceed $1,000.00. The City received one application for deferment of special assessments associated with the Prior South street overlay improvements. Gerhard Zaudtke's submittal request (see attached copy) has been reviewed by Staff and meets all the above referenced requirements. Therefore, Staff would recommend Council deferment of special assessments for Lot 5 Block 4 Prior South (PIN# 25 017 059 0) in the amount of $5,077.60 subject to the annual review process and approval of Resolution 94-29. In accordance with the policy, interest continues to accrue on the llnpaid balance during the deferral period. RECOMl\tlENDATION: Depending upon the input received at the hearing, the Council can determine whether adjustments to the proposed assessment roll should be made. Staff would recommend alternative #3 which reduces the assessments to single family residential property and is defendable if the assessments appeals proceed to court. Also, it is recommended to proceed with the Prior South project in order to do the Sand Pointe parking lot paving project and bituminous sealcoating and avoid the backlogging of public projects for future years. ALTERNATIVES: The alternatives are as follows: 1. Approve Resolution 94-29 adopting the assessment roll as submitted. 2. Approve Resolution 94-29 subject to Council approved changes. 3. Deny the project for future consideration this year. BUDGET IMPACT: There is no direct impact upon the annual operating budget as the bond payments shall be dependent upon assessments and an annual valorem tax levy. However, an estimated 1995 property tax. increase of 2.5% is anticipated. The Storm Water Quality cost has been budgeted in the 1994 budget. 4 .,..- I 2. Deny the project. 3. Assess the single family resident on a front footage basis with a cap of $4,860.00 and assess the multi-family and commercial properties on a front footage basis at $63.47/FF. Alternative #1 is the same proposed assessment as presented earlier in which several residents have objected in writing to their assessments and may appeal to District Court. Alternative #2 would delay this project and other 1994 City projects such as Sand Pointe parking lot paving and bituminous sealcoating of City streets. . Alternative #3 would reduce the 41 single family residential properties to a $4,860.00 cap and would equalize the assessments between these properties. The assessment of $4,860.00 would be supported by the appraisal. Commercial and multi-family properties would continue to be assessed on a front footage basis at $63.47/FF as previously determined in the assessment roll. A change in the assessment amounts require a mailed notice subsequent to the assessment roll adoption. All 41 single family residential parcels have their assessment amount reduced with this alternative. The minimum single family residential assessment amount under alternative #l was $4,950.66 with the maximum single family residential assessment being $6,981.70. The larger lots would be receiving a greater reduction than smaller lots, however, the improvement could be considered to improve each single family residential parcel. The preliminary assessment roll as authorized by the City Council and presented at the July 5, 1994 Council meeting, amounted to a total of $329,988.22. The enclosed assessment role for alternative #3 has a proposed total assessment amount of $297,138.35 which is $32,849.87, less than the original assessment roll. The project financing for Prior South can be summarized as follows: l) 2) 3) FUNDING SOURCE Assessments Ad Valorem Tax Storm Water Quality AMOUNT $297,138.35 $252,861.65 $ 15,000.00 TOTAL $565,000.00 The assessment terms are to be for ten (10) years for paving, sewer and water. Added to the first year installment (1994) will be an additional 166 days of interest which account for the remaining days of 1994 following the Public Hearing. The interest rate of 8% is the minimum interest rate charged on all assessments as approved by Council on March 7, 1994: 3 ACTION REQUIRED: AG718.ENG Motion to approve Resplution 94-29 and approve the deferment for Ger~a.rd Zaud:f~e (P~ #25-017-059-0) contingent upon Council amendment. \ , ~ I / I.,. '/{L. /'-- /L\; , '-., REVIEWED BY' / i~/ 5 t T RESOLUTION 94-29 RESOLUTION ADOPTING ASSESSMENT FOR PRIOR SOUTH STREET IMPROVEMENTS PROJECT 94-01 (ACTION ON THIS CONTINUED ON JULY 18,1994) MOTION BY: SECONDED BY: WHEREAS, pursuant to proper notice duly given as required by law, the Council has met and heard and passed upon all objections to the proposed assessment for the improvements of Project 94-01. NOW THEREFORE BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF PRIOR LAKE, MINNESOTA: 1. Such proposed assessment, a copy of which is attached hereto and made a part hereof, is hereby accepted and shall constitute the special assessment against the lands named therein, and each o'act of land therein included is hereby found to be benefitted by the proposed improvement in the amount of the assessment levied against it. 2. Such assessment shall be payable on an equal principal method extending over a period of .ill years. The fIrst installment shall be the annual principal plus interest calculated from the Public Healing date to the end of this yeal' plus the twelve months of the next year and shall bear interest at the rate of .8. percent 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,.l225.. To each subsequent installment when due shall be added interest for one yeal' on all unpaid installments. 3. The owner of any property so assessed may, at any time plior to celtifIcation of the assessment to the County Auditor, pay the whole of the assessment on sllch property, with interest accrued to the date of payment, except that no interest will be charged if the entire assessment is paid within 30 days; and an individual may at any time thereafter, pay to the City's Finance Director the entire amount of the assessment remaining unpaid, excepting the installment portion appealing upon the cun-ent yeal"s property tax statement. 4. The City Manager shall forthwith transmit a certified duplicate of this assessment to the County Auditor to be extended on the property tax lists of Scott County. Such assessments shall be collected and paid to the City in same manner as other municipal taxes. 4629 Dakota St. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245 AN EQUAL OPPORTUNI1Y EMPLOYER T r 5. The final project cost apportionment has been determined to be $565,000.00 of which $252,861.65 and $15,000.00 shall be paid from the City's Ad Valorem Tax Levy and the City's Storm Water Utility Fund, respectively, and $297,138.35 to be assessed to the benefitted property owners as per attached assessment roll. Passed and adopted this _th day of. , 1994. YES NO Andren Greenfield Kedrowski Schenck Scott Andren Greenfield Kedrowski Schenck Scott Frank Boyles City Manager City of Prior Lake { Seal } E-< E-< Z z ::J r<1 0 1.0 r- 0 "" r- ~ 0 ..-t 1.0 r<1 r- r- N r- ~ r<1 r- r<1 1.0 ..-t ..-t 1.0 0 Lf'l 0'1 Lf'l 0'1 ..-t Lf'l ::J r<1 r<1 r- 0'1 0'1 0 0'1 C) t) "" "" "" "" Lf'l Z Lf'l "" ~ 0(1}- 0(1}- 0(1}- 0(1}- 0(1}- 0(1}- 0(1}- 0.. 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