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Res 2013-77 RESOLUTION NO. 2013 77 RESOLUTION ADOPTING ASSESSMENT FOR THE REMOVAL OF THE PUBLIC NUISANCE BUILDING (FORMER CITGO STATION) 6101 UNIVERSITY AVE NE WHEREAS, pursuant to the contract signed by the property owner, the council has met and considered the proposed assessment for the removal of a public nuisance specifically defined as: The removal of the public nuisance structure including demolition, tank removal, tree grubbing, and site restoration for the building at 6101 University Avenue (former CITGO station). Property is a combination of 3 parcels, PIN Numbers : 02-30-24-22-0007, 02-30-24-22-0008, 02-30-24-22-0010 NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF FRIDLEY, MINNESOTA: Such proposed assessment, a copy of which is attached hereto and made a part hereof, is hereby accepted and shall constitute the special assessment against the lands named therein and each tract of land therein included is hereby found to be benefited by the proposed improvement in the amount of the assessment levied against it. Assessment shall be payable in annual installments extending over a period of ten years, the first of the installments to be payable on or before the first business day in January, 2014, and shall bear interest at the rate of 6 ½ percent per annum from the date of the adoption of this assessment resolution. To the first installment shall be added interest on the entire assessment from the date of this resolution until December 31, 2014. To each subsequent installment when due shall be added interest for one year on all unpaid installments. The owner of any property so assessed may, at any time thereafter, pay to the city treasurer the entire amount of the assessment remaining unpaid, with interest accrued to December 31 of the year in which such payment is made. Such payment must be made before November 15 or interest will be charged through December 31 of the next succeeding year. The Finance Director shall forthwith transmit a certified duplicate of this assessment to the county auditor to be extended on the property tax lists of the county. Such assessments shall be collected and paid over in the same manner as other municipal taxes. This resolution shall be conditioned upon proof that Liesch Associates, the City of Fridley, MDW Equity, LLC, and Buberl Recycling and Composting, Inc. be listed as insured under the insurance policy of Buberl Recycling and Composting, Inc. (the demolition contractor) thereby protecting all 4 entities in the demolition. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS th 9 DAY OF DECEMBER, 2013. _______________________________ SCOTT J. LUND - MAYOR ATTEST: _________________________________ DEBRA A. SKOGEN - CITY CLERK