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HomeMy WebLinkAbout05(E) - Resolution Approving Assessment Roll for Unpaid Special Charges listing ReportCITY COUNCIL AGENDA REPORT MEETING DATE: PREPARED BY: PRESENTED BY: September 19, 2022 Nicole Klekner, Assistant Finance Director Cathy Erickson, Finance Director ITEM:5E AGENDA ITEM: Adopt Resolution Declaring Costs to be Assessed and Ordering Preparation of an Assessment Roll for 2022 Unpaid Special Charges, and Establishing the Date of the Assessment Hearing GOAL AREA OBJECTIVE: High-Value City Services 1.Establish financial stability for all funds. RECOMMENDED ACTION: Approve a resolution declaring the costs to be assessed, ordering the preparation of the proposed assessment rolls for the 2022 Unpaid Special Charges, and establishing October 17, 2022 for the assessment hearing date, as submitted. BACKGROUND: Introduction The purpose of this agenda item is for the City Council to order the preparation of an assessment roll and to set an assessment hearing date for 2022 Unpaid Special Charges. These charges include various costs and charges incurred by the City for oak wilt, mowing of nuisance properties, false alarm calls, and unpaid utility bills. The assessment roll that will be prepared for the public hearing will include the unpaid special charges by PIO number and property owner information. History State Statutes 429.101 and 444.075 state that a city may certify unpaid special charges, including those listed below, to the County Auditor as a special assessment against the property. 1.Snow and weed elimination from streets or private property 2.Nuisance charges 3.Oak Wilt removal 4.The recovery of any disbursements for payment of utility bills and other services, even if provided by a third party Current Circumstances In order to recover unpaid special charges, the City must follow State Statute 429.101 procedures. Those procedures provide that the City must adopt a resolution declaring the unpaid special charges to be assessed and establish a date for the assessment hearing for those charges. Delinquent Utility Charges and Nuisance Abatement: The assessment shall include the annual principal, a delinquent assessment administration charge of $80 plus interest calculated from the date of the adoption of the assessment resolution to the end of 2022 plus twelve (12) months of the next year and shall bear interest at the rate of 4.62% per annum. The interest rate is based on the City's most recent bond sale plus 2%. In the City of Prior Lake I 4646 Dakota Street SE I Prior Lake MN 55372