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Res 2020-13 Reassessment for Projects RESOLUTION NO. 2020-13 RESOLUTION ADOPTING REASSESSMENT FOR STREET IMPROVEMENT PROJECT NO. 1984–1, WATER AND SANITARY SEWER IMPROVEMENT PROJECT NO. 145, AND STREET IMPROVEMENT PROJECT NO. 1989–1 WHEREAS, October 1, 1984, the City Council of the City of Fridley, Minnesota (City), pursuant to Minnesota Statute § 429.061, approved three special assessments related to Street Improvement Project No. 1984–1, and Water and Sanitary Sewer Improvement Project No. 145 totaling th $8,972.01 against the property located at 1388 66 Avenue Northeast; WHEREAS, on September 10, 1990, the City Council, pursuant to Minnesota Statute § 429.061, approved two special assessments related to Street Improvement Project No. 1989–1 totaling $13,018.52 against the property located at 7570 Highway 65 Northeast; and WHEREAS, the City Council approved deferments for both special assessments upon adoption as authorized by Minnesota State § 429.061, subd. 2; and WHEREAS, the principal and accrued interest of the special assessments now total $97,024.26 and $88,217.46, respectively; and WHEREAS, pursuant to Minnesota Statute § 429.071, the City Council finds that these special assessments, or any part thereof, to be excessive and determines that reassessment of these parcels to be prudent; and WHEREAS, on January 27, 2020, the City Council directed the City Clerk, with the assistance of the City Treasurer, to prepare a proposed reassessment of the costs related to these projects (Exhibit A); and WHEREAS, both property owners remitted payment for the amounts outlined in Exhibit A, which the City currently holds in escrow, pending City Council action; and WHEREAS, the City Clerk, with the assistance of the City Treasurer, notified the City Council that such proposed reassessment has been completed and filed by their office for public inspection; and WHEREAS, pursuant to proper notice duly given as required by law, the City Council has met, heard and passed upon all objections to the proposed reassessment for Street Improvement Project No. 1984–1, Water and Sanitary Sewer Improvement Project No. 145, and Street Improvement Project No. 1989–1. Resolution No. 2020 - 13 Page 2 NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF FRIDLEY, MINNESOTA: 1. Such proposed reassessment, a copy of which is attached hereto as Exhibit A and made a part hereof, is hereby accepted and shall constitute a reassessment, pursuant to Minnesota Statute § 429.071, against the lands named therein and each tract of land therein included is hereby found to be benefited by the improvements in the amount of the reassessment levied against it. 2. Such reassessment shall be payable in a single installment upon adoption by the City Council consistent with the agreements established between the City and the parties subject to this reassessment. Said agreements shall be filed with the Office of the City Clerk and available for public inspection. 3. Upon release of payment from escrow held by the City, the City Clerk, with the assistance of the City Treasurer, shall note the same upon the records of the City, credit the payee therefore, and reduce the reassessment as originally made in the amount of the payment received. 4. The City Clerk, with the assistance of the City Treasurer, may transmit a certified duplicate of this reassessment to the County Auditor to be extended on the property tax lists of the county. The City Clerk may also record with the County Recorder a certificate containing the legal description of the affected properties subject to this reassessment. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS TH 9 DAY OF MARCH, 2020. ____________________________________ SCOTT J. LUND - MAYOR ATTEST: __________________________________ DANIEL TIENTER - CITY CLERK Resolution No. 2020-13 Page 3 Exhibit A Reassessment Roll No. Parcel Identification No. Property Owner(s) Name Property Address Amount 1 13-30-24-13-0016 Joseph and Joan Menth 1388 66th Avenue Northeast $ 24,000.00 2 12-30-24-22-0006 7570, Inc. 7570 Highway 65 Northeast $ 22,500.00 Total $ 46,500.00