HomeMy WebLinkAbout6A - Creekside Circle Streets
DATE:
6A
JEFFREY T. EVENS, ENGINEERING TECHNICIAN IV
CONDUCT ASSESSMENT HEARING ON CREEKSIDE
STREET IMPROVEMENT PROJECT #95-02 - AND
CONSIDER APPROVAL OF RESOLUTION 95-89
SEPTEMBER 18, 1995
AGENDA #:
PREP ARED BY:
SUBJECT:
INTRODUCTION:
The purpose of this agenda item is to consider approval of
the assessment roll associated with Project #95-02 by
adoption of Resolution 95-89.
BACKGROUND:
At its regular meeting of August 21, 1995, the Council
approved Resolution 95-79 which declared the cost to be
assessed and ordered the preparation of the assessment roll.
Also Resolution 95-77 establishing the date of the
Assessment Hearing for the Creekside Street improvements
was passed.
DISCUSSION:
All benefiting property owners have been mailed a
Statement of Special Assessments which included all
appropriate information pertinent to their property such as
the total amount of the assessment and the assessment rate.
A Public Hearing notice has been mailed and published
indicating time and place of the assessment Hearing.
This assessment roll as authorized by the City Council
amounted to a total of $98,200.00 which represents 60.00/0
of the project cost of $163,700.00. The remaining
difference is to be paid by the City's Ad Valorem Tax Levy
in the amount of $65,500.00.
The amount to be assessed against the benefiting properties
of this project is $98,200.00 with a assessment frontage
total of 2609 front feet.
The following rate was calculated per Ordinance 85-01
(Special Assessment Policy) based upon 60% of the total
project cost being assessed against the benefited properties.
The remaining 400/0 of the project cost shall be recovered
16200 E~~~~k Ave. S.E.. Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245
AN EQUAL OPPORTUNITY' EMPLOYER
by means of the general ad valorem tax levy over the entire
community .
Assessment Amount
Assessment Footage
Assessment Rate
$98,200.00
2609 feet
$37.64/FF
The assessment rate of $37 . 64/FF represents a increase of
5.0% when compared with the original estimated
assessment rate of $35.85/FF. The initial assessment
amount at the February 6, 1995 Public Hearing was
estimated to be $93,540 as compared to the current
assessment total of $98,200. At the original public hearing
concrete curb was proposed on only one side of the road to
keep the cost down. Throughout the informational meetings
and the final design of the project, curb was included on
both sides of the street which increased the rates by 50/0.
The assessment frontages were determined as per the City's
assessment policy and utilizing the existing plat drawings
for this area on file. In the event that a property owner
provides a surveyor justification that the frontage for a
parcel is incorrect, the City Council can adjust the frontage
for the parcel and the resulting assessment.
The assessment terms are to be for ten (10) years for
paving, sewer and water. Added to the first installment
(1996) will be an additional 104 days of interest which
accounts for the remaining days of 1995 following the
Public Hearing. An interest rate of 8% will be charged in
accordance with City Assessment Policy.
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 86-3.
4. Total special assessment to be deferred must
exceed $1000.00. I
AGCRE918,DOC
ISSUES:
Residents at the public hearing may raise a number of
issues regarding the proposed assessments. The 60/40 split
for road reconstruction is a policy which has been
consistently employed for numerous road reconstruction
projects. The most recent is Prior South.
The cost per front foot compares favorable with other
projects as follows:
600/0/400/0 Assessment PrQjects
Prior South NO. 94-01 $54.47/FF
*Northwood Road NO. 94-02 $54.47/FF
Ridgemont Avenue NO. 95-01 $37.09/FF
Creekside Circle NO. 95-02 $37.64/FF
*Estimated rate - project to be constructed in 1996.
The key determination is considering the assessment roll is
whether the property has specially benefited to the extent of
the assessment amount. The staff believes that such a
finding can be made regarding these improvements.
ALTERNATIVES:
The alternatives are as follows:
1. Approve Resolutions 95-89 adopting the assessment
roll as submitted.
2. Approve Resolutions 95-89 subject to Council
approved changes.
3. Continue the hearing for a specific reason.
RECOMMENDATION: The recommendation is Alternatives No. 1 approving the
Resolution.
FINANCIAL IMPACT: The project costs will be recouped from ad valorem tax
levy and assessments.
ACTION REQUIRED: or modify Resolution 95-
AGCRE918,DOC
RESOLUTION 95-89
RESOLUTION ADOPTING ASSESSMENTS
FOR
CREEKSIDE CIRCLE STREET IMPROVEMENTS
PROJECT # 95-02
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 # 95-02.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE,
MINNESOTA:
1. Such proposed assessment, a copy of which is attached hereto and made part
hereof, is hereby accepting and shall constitute the special assessment
against the lands named therein, and each tract of land therein included is
hereby found to be benefited by the proposed improvement in the amount of
the assessment levied against it.
2. Such assessments shall be payable on an equal principal method extending
over a period of lQ years. The frrst installment shall be the annual principal
plus interest calculated from the Public Hearing date to the end of this year
plus twelve months of the next year and shall bear interest at the rate of R
percent per annum from the date 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, l22Q. To each subsequent
installment when due shall be added interest for one year on all unpaid
installments.
16200 Eagle Creek Ave. S.E.. Prior Lake. Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245
AN EQUAL OPPORTUNITY EMPLOYER
3. 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 the payment, except that
no interest will be charged if the entire assessment is paid within 30 days,
and the 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 appearing upon the current year'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.
5. The final project cost apportionment has been determined to be $163,700.00
of which $65,500.00 shall be paid from the City's Ad Valorem Tax Levy,
and $98,200.00 to be assessed to the benefited property owners as per
attached assessment roll.
Passed and adopted this 18th day of September, 1995.
YES
NO
Andren
Greenfield
Kedrowski
Schenck
Scott
Andren
Greenfield
Kedrowski
Schenck
Scott
Frank Boyles
City Manager
City of Prior Lake
{Seal}
RE9S89/G:/resolu
DESCRIPTION:
ASSESSMENT HEARING DATE:
ASSESSMENT RATE:
ASSESSMENT CODE:
INTEREST RATE:
SPREAD:
INITIAL YEAR:
ADDITIONAL INTEREST:
PAYMENT METHOD:
PROJECT #95-02, CREEKSIDE CIRCLE IMPROVEMENT
SEPTEMBER 18, 1995
$37.64/FF, SINGLE FAMILY RESIDENTIAL
PAVING - 89
8.00/0
PAVING -10 YEARS
1996
104 DAYS
EQUAL PRINCIPAL
LEGAL DESCRIPTION PROPERTY OWNER CURRENT FRONTAGE CURRENT
& & PAVING AMOUNT
PARCEL NUMBER ADDRESS PAVING (Code 89)
JO-ANNA HI-VIEW 3RD ADDN
Lot 1 Steven & Susan Bennett .lli $564000
25-104-001-0 16812 Creekside Circle
Prior Lake, MN 55372
Lot 2 Evelyn Feldten .lli $5 640 00
25-104-002-0 16726 Creekside Circle
Prior Lake, MN 55372
Lot 3 Paul & Suzanne Trapp .lli $5 640 00
25-104-003-0 16700 Creekside Circle
Prior Lake, MN 55372
Lot 4 Richard C. Henkemeyer .lli $5 640 00
25-104-004-0 16686 Creekside Circle
Prior Lake, MN 55372
Lot 5 Ex. N 5' Mr. & Mrs. Glenn Mueller ill $5 457 80
25-104-005-0 16672 Creekside Circle
Prior Lake, MN 55372
Lot 6 Daniel & Kathlee Rorvig .1.00 $376400
25-104-007 -0 16658 Creekside Circle
Prior Lake, MN 55372
Lot 7 & W 17.62' of Lot 8 Martin & Diane Kraska 15. $3 19940
25-104-008-0 16644 Creekside Circle
Prior Lake, MN 55372
Lot 8 Ex W 17.62' Roger & Myrna Bresnahan a2 $3.086 48
25-104-009-0 16630 Creekside Circle
Prior Lake, MN 55372
Lot 9 Mr. & Mrs. Roman Hertaus .1.00 $3.76400
25-104-011-0 16616 Creekside Circle
Prior Lake, MN 55372
CREEKARl.DOC
.....~'~........._...._.'''"._''---"..---r------..-_.._........---...-..-........
Lot 10 Loren & Marie Hanel .LlO $5 646 00
25-104-012-0 16602 Creekside Circle
Prior Lake, MN 55372
Lot 11 Mr. & Mrs. Louis Stassen .LlO $5 646 00
25-104-013-0 16617 Creekside Circle
Prior Lake, MN 55372
Lot 12 Mr. & Mrs. Dennis Ballinger ill $4.21568
25-104-014-0 16639 Creekside Circle
Prior Lake, MN 55372
Lot 13 Mr. & Mrs. Donald Hanel ill $4.253 32
25-104-015-0 16663 Creekside Circle
Prior Lake, MN 55372
Lot 14 Anthony Rella & Lori Sanchez lOO $3 76400
25-104-016-0 16681 Creekside Circle
Prior Lake, MN 55372
Lot 15 Mr. & Mrs. Alvin Monnens lOO $3 764 00
25-104-017-0 16697 Creekside Circle
Prior Lake, MN 55372
Lot 16 Scott & Betty Geiger lOO $3 764 00
25-104-018-0 16717 Creekside Circle
Prior Lake, MN 55372
2 114 22 .34 Wallace Janecke .LlO $5 646 00
P/O El/2 SWl/4 Beg 1359.71' 16754 Creekside Circle
N ofSW Cor, SW 150 SE 100 Prior Lake, MN 55372
NE 150, NW 100 to Beg.
25-902-092-0
2 114 22 .34 Francis G. Mueller .LlO $5 646 00
P/O E1/2 SW 1/4 Beg 1059.71' 16784 Creeks~de Circle
N ofSW Cor, SE 100' NE 150 Prior Lake, MN 55372
NW 100' SW 150' to Beg.
25-902-094-0
2 114 22 .65 Mr. & Mrs. Daniel Johnson ill $5 344 88
P/O El/2 SWl/4 Com 1291.33 16741 Creekside Circle
N ofSW Cor, SE 181 to POB Prior Lake, MN 55372
NE 150, SE to W line Hi-View
25-902-095-0
2 114 22 1.01 165-429 & 435 Glen & Edith Svoboda 2lQ $8 657 20
PIG SE 1/4 SW1/4 Adj to L 1 & 2 16769 Creekside Circle
Jo-Anna Stepka's Hi-View Add'n Prior Lake, MN 55372
25-902-136-0
TOTAL 2s602 $98,202.76
CREEKARI.DOC
CREEKSIDE CIRCLE IMPROVEMENTS
Project 95-02
Hearing Time: 7 :45 P.M.
1. Project Cost
$164,000.00 - 60% assessed
(engineers estimate ... $156,000.00)
(5 % increase)
2. Assessment Classification
100% current
Special Assessment Deferral - Senior & Disabled Citizens
3. Method of Assessment
a.) Front Footage
4. Assessment Rates
Assessment Rate
$37.64/ff
Public Hearing Rate
$35.85/ff
5. Assessment Term
Paving ... 10 years
6. Interest Rate
8.00%
104 additional days interest - initial year ( 1996)
7. Method of Payment
a.) Payment in Full
No interest cost if paid within 30 days following assessment hearing.
b.) Partial Payment Reduction
Allowed only within initial 30 days following assessment hearing
c.) Property Tax Certification
Annual installment will appear upon the property tax statement beginning in
1996.
60%/40% Assessment Projects
Ridgemont Avenue 95-01 $37.09
Creekside Circle 95-02 $37.64
Prior South 94-01 $54.47
*Northwood Road 94-02 $54.47
Lime Road & Center Road 93-12 $44.87
* E~timated Rate - project to be constructed in 1996.
100010 Assessment Projects-Street,Sewer & Water
RidgemontAvenue 95-01 $100.66
Northshore Oaks .90-13 S 1 0 1.80
SAMPLE ASSESSMENT
Street Improvements
CREEKSIDE CIRCLE OVERLAY
100' Lot ... $3,764.00
Year Principal Interest Annual
1 $376.40 $386.92 $763.32
2 $376.40 $271.01 $647.41
3 $376.40 $240.90 $617.30
4 $376.40 $210.79 $587.19
5 $376.40 $180.68 $557.08
6 $376.40 $150.57 $526.97
7 $376.40 $120.46 $496.86
8 $376.40 $90.35 $466.75
9 $376.40 $60.24 $436.64
10 $376.40 $30.13 $406.53
$3,764.00 $1,742.05 $5,506.05
*
**
***
****
Front Footage Rate ... $37.64/ff
Interest Rate ... 8.00%
Term ... 10 yrs.
1 st year tax payment includes an additional 104 days interest calculated from
assessment hearing date of 9/18/95
SAMPLl.WRT