Res 2014-84
RESOLUTION NO. – 2014 - 84
RESOLUTION ABATING A PORTION OF THE ASSESSMENT FOR THE REMOVAL
OF THE PUBLIC NUISANCE BUILDING (FORMER CITGO STATION) 6101
UNIVERSITY AVE NE
WHEREAS, the City Council on the evening of December 9, 2013 approved the final assessment
on the removal of the Public Nuisance building (Former CITGO station) 6101 University Ave NE;
and
WHEREAS, subsequent to this assessment, a savings due to reduced soil clean-up costs and hoist
removal resulted in a $22,640.53 reduction to the initial assessment agreement; and
WHEREAS, in order to adjust the original assessment, Anoka County requires that any adjustment
from an initial assessment value for this property be formally abated; and
WHEREAS, the reduction of $22,640.53 would represent an adjustment in the initial assessment
value; and
WHEREAS, the property owner has made a payment in the amount of $8,259.20, which has also
reduced the original assessment value; and
WHEREAS, The City Council of the City of Fridley must pass a new resolution abating a portion of
the assessment prior to the County making an adjustment to what is billed to the property owner;
and
WHEREAS, The City Council of the City of Fridley must approve an abatement of $30,899.73
towards the original assessment of $82,592.00, and approval of a corrected assessment value of
$51,692.27 to be spread over the remaining nine years at an interest rate of 6.5%.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Fridley, is abating a
portion of the assessment on the following parcel for the Removal of the Public Nuisance Building
(Former CITGO Station) 6101 University Ave NE:
PIN
14-30-24-34-0010
th
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 24
DAY OF NOVEMBER 2014.
__________________________________
Scott J. Lund, Mayor
ATTEST:
_______________________________
Debra A. Skogen, City Clerk