HomeMy WebLinkAbout2018-158 (Transportation Adequacy Assessment for Neal Meadows 5th Addition) RESOLUTION 2018-158
CITY OF STILLWATER
WASHINGTON COUNTY,MINNESOTA
A RESOLUTION ADOPTING TRANSPORTATION ADEQUACY
ASSESSMENT FOR NEAL MEADOWS 5TH ADDITION
WHEREAS,the Council has considered a request of the property owner of Lot
4, Block 2, Neal Meadows to subdivide his property into three lots, one for his existing
house and two vacant lots; and
WHEREAS, the lot subdivision will be replatted as NEAL MEADOWS 5TH
ADDITION; and
WHEREAS, the property owner is responsible for the payment of a
transportation adequacy charge on the two new vacant lots in NEAL MEADOWS 5TH
ADDITION and has requested that the charge be assessed to the two vacant lots; and
WHEREAS, the City Engineer has computed the transportation adequacy
charges at a total of$5,035.78, or a total of$2,517.89 for each of the two vacant lots; and
WHEREAS, the proposed subdivision of the property is not yet effective,since
PID numbers for the lots within NEAL MEADOWS 5th ADDITION have not been
assigned by Washington County.
NOW, THEREFORE, BE IT RESOLVED,by the City Council of the City of
Stillwater as follows:
1. That the amount of$5,035.78 is hereby adopted as an assessment and that it be
payable in three annual installments of$1,678.59,with interest on the unpaid
balance at the rate of 4.5% per annum.
2. That at the present time the assessment be spread against the existing lot with
Washington County PID No. 3003020110007.
3. That upon filing of the plat of NEAL MEADOWS 5TH ADDITION and the
assignment of PID numbers by Washington County for the individual lots, a
reallocation of the assessment is hereby authorized at the rate of$2,517.89 for
each of the two vacant lots, in three annual installments of$839.30 together with
interest on the unpaid balance at the rate 4.5% per annum.
4. In all instances, the assessment is hereby certified to the County Auditor for
collection with the real estate taxes.
5. The assessments upon each subject lot are also due upon the sale of each lot.
Enacted by the City Council of the City of Stillwater, Minnesota this 17th day of July,
2018.
CITY OF STILL WATER
Ted Kozlowski,7... 10_....0 *
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A 1"1'hST:
pJ Thomas I McCarty, City A ministrator