HomeMy WebLinkAbout05-17816200 Eagle Creek Avenue S.E.
Prior Lake, MN 55372-1714
RESOLUTION 05-178
RESOLUTION ADOPTING ASSESSMENTS FOR PROJECT #05-01 AND #05-11 FOR
FISH POINT ROAD, FAIRLAWN SHORES TRAIL, BLUEDORN CIRCLE, CANDY COVE TRAIL,
AND CENTENNIAL STREET IMPROVEMENTS
MOTION BY: Bryan Fleming
SECOND BY: Jim Petersen
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 assessments for Project 05-
01 and 05-11 Fish Point Road, Fairlawn Shores Trail, Bluedorn Circle, Candy Cove
Trail, and Centennial Street Improvements.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE,
MINNESOTA, THAT:
1. The recitals set forth above are incorporated herein.
Such proposed assessment, a copy of which is attached hereto and made part hereof, is
hereby accepted 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.
Such assessments shall be payable on an equal principal method extending over a period
of ten (10) years for paving. The first 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 six (6) percent per annum from the date of
adoption of this assessment resolution. To the first installment shall be added seventy-five
(75) days of interest on the entire assessment from the date this resolution is adopted to
December 31, 2005. To each subsequent installment when due shall be added interest for
one year on all unpaid installments.
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 thirty (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.
o
The Finance Director 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.
The restoration of yards and driveways due to utility impacts be removed from the
assessable portion of the project. Accordingly the assessments be reduced by $342.00 for
the Fish Point Road, Fairlawn Shores Trail, Candy Cove Trail, and Bluedorn Circle and
reduced by $722.00 for Centennial Street.
R:\RESOLUTI\ENG&PW RES~2005\05-178 speciai assessment.~-cityofPri°rlake'c°m
Phone 952.447.4230 / Fax 952.447.4245
The final project cost apportionment has been determined to be $3,492,921.00 of which
$1,280,573.00, $697,920.00, $94,401.00, $48,067.00, $261,678.00, and $105,272.00 shall
be paid from Tax Levy, Enterprise Fund Transfer, Capital Park Fund Transfer, Streets
Budget, Sewer Budget, and Water Quality Budget respectively, and $1,005,010.00 to be
assessed to the benefited property owners at the assessment rate of $7,386.00 and
$15,562.00 per unit as per the attached assessment roll.
PASSED AND ADOPTED THIS 27TM DAY OF OCTOBER, 2005.
YES NO
Haugen X Haugen
Fleming X Fleming
LeMair X LeMair
Petersen X Petersen
Zieska X Zieska
{ Seal }
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