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HomeMy WebLinkAbout2017-253 (clarify the legal description and consenting to a re-platting of District 11) RESOLUTION NO. 2017-253 A RESOLUTION TO CLARIFY THE LEGAL DESCRIPTION AND CONSENTING TO A RE-PLATTING OF DISTRICT 11 WHEREAS,TIF District No. 11 (Washington County TIF# 85)was approved by the City Council on June 3rd,2014, and the Net Tax Capacity of the District was certified to by the Auditor of Washington County on June 12th, 2014, and; WHEREAS,the map of the District, and the Assessment Agreement for the project included a parcel legally described as CIC 214 Units 1-6 Unit 5, (the "Parcel"), however, the list of parcels sent to the Auditor with the request for a certification on net tax capacity did not properly list the Parcel, and; WHEREAS, it is necessary that the Parcel be properly listed since the Parcel is including in the legal description subject to the Assessment Agreement, and; WHEREAS,the entire District is comprised of a series of condominium parcels that have been platted and re-platted several times, and the Developer has proposed that the District be again re-platted to simplify the legal description of the District; NOW THEREFORE BE IT RESOLVED,as follows: 1. That the Parcel, CIC 214 Units 1-6 Unit 5, Parcel Number 28.030.20.41. 0145 be included in the District,Nunc Pro Tune on June 3rd, 2014, as assessed in 2014 for taxes payable in 2015 with and estimated market value of$104,900 and a tax capacity of$2090. 2. That the City consents to the re-platting of parcels within the District in order to simplify the legal description of the District, and authorizes an amendment to the Assessment Agreement to recognize the new legal descriptions. Enacted by the vote of City Council of the City of Stillwater this 19th day of December, 2017. CITY OF STILLWATER Ted Koz owski, M. r ATTEST: Y / Diane F. Ward, Clerk