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HomeMy WebLinkAbout2014-184 RESOLUTION 2014-184 A RESOLUTION ADOPTING ASSESSMENT WHEREAS, pursuant to a Development Agreement between St. Croix Preservation, a Minnesota limited liability company, and the City of Stillwater, Washington County, Minnesota, the City Council met and considered its obligation under the Development Agreement to certify against property assessments for Parking Lot Improvements. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Stillwater: 1. The proposed assessment, a copy of which is attached hereto and made a part hereof as Exhibit "A," is hereby accepted and shall constitute the special assessment against Parcel No. 28.030.20.41.0116 and the Parcel is hereby found to be benefited in the amount of the assessment levied against it. 2. The assessment shall be payable in ten (10) annual installments, the first of which is to be payable on or before the first Monday in January, 2014 and will bear interest at the rate of three (3) and one—quarter (1/4) percent per annum from the date of the adoption of this assessment resolution. To this installment shall be added interest on the entire assessment from the date of this Resolution until December 31, 2015, unless the assessment is paid as described in paragraph 3 of this Resolution. To each subsequent installment, when due shall be added interest for one year on all unpaid installments. 3. The owner of the property so assessed may, at any time prior to certification of the assessment to the County Auditor, pay to the City of Stillwater the whole of the assessment on the property, with interest, accrued to the date of payment, except that no interest shall be charged if the entire assessment is paid within 30 days from the adoption of this Resolution; and may, at any time thereafter, pay to the City Treasurer the entire amount of the assessment with interest. The payment must be made before December 15th, 2014 or interest will be charged through December 31, 2015, and the owner may, at any time thereafter, pay to the City Clerk the entire amount of the assessment remaining unpaid with interest accrued to December 31st of the year in which the payment is made. Such a payment must be made before November 15th of a year or interest will be charged through December 31st of the next year. 4. The City Clerk shall forthwith transmit a certified duplicate of this assessment to the County Auditor to be extended on the property tax lists of the County. The assessments shall be collected and paid over in the same manner as other municipal taxes. Adopted by affirmative vote of the majority of the City Council this 18th day of November, 2014. CITY OF STILLWATER Mi hael Pohlena, Mayor ATTEST: Diane F. Ward, City Clerk STATE OF MINNESOTA ) ) ss. COUNTY OF WASHINGTON ) I, Diane F. Ward, City Clerk of the City of Stillwater, hereby certify that the above and foregoing is a true, full and correct copy of a Resolution adopted by the City Council at a meeting held, according to law, at Stillwater, Minnesota on the 18th day of November, 2014, as the same appears on file and of record in this office. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed the corporate seal of the City,this 18th day of November, 2014. A4;1•4(-- '34.=4 1(a}21a_ Diane F. Ward, City Clerk - 2 - MUNICIPALITY: STILLWATER,MINNESOTA PROJECT NO.: 2012-06b Water Street Inn Parking Lot Constru L.I.NO. PROJECT NAME ACCOUNT NUMBER Parcel no.28-030-20-41-0116 EXPENDITURES: Actual Costs to Estimated Total Costs Date Completion Costs Construction Costs $78,843.63 ItiMitiiattVi. .,2111441411 Engineering Department (Excluding Assessment Roll Preparation) Field Administration $11,137.89 Consultin‘Engineer(Folz Freeman Erickson-surveying $1,417.50 Fiscal&lents and Bondin. Costs iFV.11-tiFitWVrirk4" Legal City Attorney Bond Attorney ZMIZW:M: Private Propert Easements and Land Acquisition 'tlftehA Administrative Costs IIIIIII "AitaNga:, Other Costs Amano Mcgann $10,188.00 Garbge enclosure credit -$1,705.00 Lot striping credit -$2,000.00 Expanded Parkin Lot credit -$6,600.00 MA:A:StittliZ,i1US1I.:LARkYlgaallig Assessment Roll Preparation Engineering Department $1,500.00 County $90.00 FW UPJ Interest on Capital @ Roll Ado•ted AZINiltiNtitrgk' Contingency Etling*4Viinitaritrt Grand Total I $92,872.02 Amount to be Received from Special Assessments $92,872.02 Amount to be Received from Others