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HomeMy WebLinkAbout3I - Toronto Ave/Tower ST - Prj. 90-12 CONSENT AGENDA: PREPARED BY: SUBJECT: DATE: INTRODUCTION: DISCUSSION: HERITAGE 1891 COMMUNITY 1991 2Q91 ro-J$K 3 (i) LARRY J. ANDERSON, DIRECTOR OF PUBLIC WORKS CONSIDER APPROVAL OF RESOLUTIONS 90-43 & 90-44 ESTABLISHING PUBLIC HEARING DATE AND DECLARING COST TO BE ASSESSED FOR PROJECT 90-12 TORONTO AVENUE/TOWER STREET AUGUST 20, 1990 The purpose of this Agenda item is to declare the cost to be assessed, order the preparation of a proposed assessment roll, and to establish a date for the Assessment Hearing for Project 90-12, Toronto Avenue/Tower Street improvements. Brown & Cris, Inc. was awarded the contract for the project on July 16, 1990. The next step in the public improvement process is to conduct the Public Hearing for the proposed assessment. The project was initiated under the current assessment policy which assesses 60% of the improvement cost to the property owners. The Assessment Role will be completed upon Council's authorization. A preliminary role indicates that the assessments will be $154,898.84. The streets are on the MSA System and MSA Funds will be utilized to fund the balance of the 40% of the project cost and no ad valorem levy is required for the project. The amount to be paid from MSA Funds is $346,613.97. Once the Public Hearing is scheduled, individual mailings to the property owners will be made notifying them of the Assessment Hearing date and the dollar amount of the individual assessments. The Assessment Hearing is proposed to be scheduled for September 17, 1990 at 8:00 P.M. Passage of Resolutions 90-43 and 90-44 will declare the cost to be assessed, order the preparation of a proposed assessment role and establish the date for the Assessment Hearing. 4629 Dakota St. S.E., Prior Lake, Minnesota 55372 I Ph. (612) 447-4230 I Fax (612) 447-4245 ALTERNATIVES: RECOMMENDATION: FINANCIAL IMPACT: ACTION REQUIRED: The pro~ect will be assessed prior to substantl.al completion of the project. This is due to the late initiation of the project, and the need to have the Assessment Hearing in September to be able to certify the assessment to the County in October. Delays beyond October would add a year's interest to the assessments. The ~roject has been changed from the Public Hearl.ng. In the area of the Priordale Mall, a temporary street section will be placed in lieu of permanent street in that area. Sidewalk has been added on Duluth Avenue. Accounting for the above changes the amount to be assessed is less than the Public Hearing figures. In other words the overall assessment is less. The alternatives are as follows: 1. Approve Resolutions 90-43 and 90-44. 2. Table approval of Resolutions 90-43 and 90-44 for a specific reason. 3. Deny approval of the resolutions. The recommendation is Resolutions 90-43 and 90-44. to approve The project will Special Assessments and Funds. be paid throu9h Municipal State Al.d Make a motion, as ~art of the Consent Agenda to approve Resolutl.ons 90-43 and 90-44. HERITAGE 1891 COMMUNITY 1991 WJ.5(!)% 2qgt RESOLUTION 90-43 RESOLUTION DECLARING COST TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT FOR Project 90-12 Toronto Avenue Improvements MOTION BY SECONDED BY WHEREAS, a contract has been let (costs have been determined) for improvements of proiect 90-12 and the contract (bid) price for improvements is $401,210.25, and the expenses incurred or to incurred in the making of such improvement amount to $100,302.56, that the total cost of the improvement will be $501,512.81, the such be so NOW THEREFORE BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF PRIOR LAKE, MINNESOTA: 1. The portion of the cost of such improvement to be paid by the city is hereby declared to be $346,613.97 and the portion of the cost to be assessed against benefited property owners is declared to be $154,898.84. 2. Assessments shall be payable on an equal principal installment method extending over a period of 10 years. The first installment shall be the annual principal plus-rnterest calculated from the public hearing date to the end of this year plus the twelve months of the next year and shall bear interest at the rate of 8 per cent per annum from the date of the adoption of the assessment resolution. 3. The City Manager, with the assistance of the Citr Engineer shall forthwith calculate the proper amount to be specl.ally assessed for such im~rovement against every assessable lot, piece or parcel of land wl.thin the district affected, without regard to cash valuation, as provided br law, and he shall file a copy of such proposed assessment in hl.S office for public inspection. 4. The City Manager shall upon the completion of such proposed assessment, notify the Council thereof. Passed and adopted this 20th day of Auqust , 1990. YES NO Andren Fitzgerald Larson Scott White Andren Fitzgerald Larson Scott White David J. Unmacht City Manager city of Prior Lake {Seal} 4629 Dakota St. S.E., Prior Lake, Minnesota 55372 / Ph. (612) 447-4230 / Fax (612) 447-4245 HERITAGE 1891 COMMUNITY 1991 CUTJ.5fJ% 2Q9f RESOLUTION 90-44 RESOLUTION FOR HEARING ON PROPOSED ASSESSMENT FOR Project 90-12 Toronto Avenue Improvements MOTION BY SECONDED BY WHEREAS, by a resolution passed by the Council on Auqust 20 , 1990, the City Manager was directed to prepare a proposed assessment of the cost of improvements for pro;ect 90-12. AND WHEREAS, the City Manager has notified the Council that such proposed assessment has been completed and filed in his office for public inspection, NOW THEREFORE BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF PRIOR LAKE, MINNESOTA: 1. A hearing shall be held on the 17th day of September, in the City Hall at 8:00 p.m. to pass upon such proposed assessment and at such time and place all persons owning property affected by such improvement will be given an opportunity to be heard with reference to such assessment. 2. The City Manager is hereby directed to cause a notice of the hearing on the proposed assessment to be published once in the official newspaper at least two weeks prior to the hearing, and he shall state in the notice the total cost of the improvement. He shall also cause mailed notice to be given to the owner of each parcel described in the assessment roll not less than two weeks prior to the hearing. 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 payment, to the City Finance Director, except that no interest shall be charged if the entire assessment is paid within 30 days from the adoptl.on of the assessment. He may, at any time thereafter, pay to the City Finance Director the entire amount of the assessment remaining unpaid, excepting the installment portion appearing upon the current year's property tax statement. Passed and adopted this 20th day of YES Auqust , 1990. NO Andren Fitzgerald Larson Scott White Andren Fitzgerald Larson Scott White {Seal} David J. Unmacht City Manager City of Prior Lake 4629 Dakota S1. S.E., Prior Lake, Minnesota 55372 / Ph. (612) 447-4230 / Fax (612) 447-4245