HomeMy WebLinkAbout2012-070RESOLUTION NO. 2012-070
RESOLUTION APPROVING DEFERRAL OF PAYMENT FOR
SUBDIVISION OF PROPERTY AT
1221 NORTH BROADWAY
WHEREAS, George I. Middleton received approval of a subdivision of property located at 1221
North Broadway pursuant to Resolution No. 2006 -10; and
WHEREAS, a condition of approval in Resolution No. 2006 -10 was that "The applicant must
present proof of paid assessments and paid deferred hookup charges to the Community Development
Director and Finance Department before the subdivision is recorded "; and
WHEREAS, Mr. Middleton has requested the City Council to defer payment of the fees on one of
the three parcels approved by Resolution No. 2006 -10 until the subject parcel is sold; said parcel being
legally described as:
All of Lot 36; together with those parts of Lot 5, Lot 6, Lot 7, Lot 35, and Lot 37, Block 7, CARLI
and SCHULENBERGS ADDITION to STILLWATER, as amended by Myron Shepard's Perfected
Plat of the City of Stillwater, dated May 21, 1878, recorded as Document No. 416049, lying
westerly of a line parallel with and 150.00 feet westerly of the east line of said Block 7; lying
southerly of a line parallel with and 419.98 feet southerly of the north line of said Block 7; and
lying northerly of a line parallel with and 529.98 feet southerly of said north line of Block 7; and
WHEREAS, the total fees due on the subject parcel are $33,949.56 as of the date of this Resolution
($15,724.78 for sewer, $15,724.78 for water, $2,000 for park dedication, and $500 for trail fee); actual
payment will depend upon accumulated interest at the time of payment.
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Stillwater hereby
approves deferral of said fee payment until such time as the subject property is sold, with the following
condition:
Said fees shall be paid with interest prior to issuance of a building permit for any structure. on the
subject parcel.
Enacted by the City Council of the City of Stillwater, Minnesota this 1 st day of May, 2012.
CITY OF STILLWA
,/
Mayor
-'ATTEST:
Diane F. Ward, Clerk