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<br />rei ---'\) <br />( ){ <br />rl~ <br /> <br />ITEM 5.3. <br /> <br /> <br />TO: <br /> <br />FROM: <br /> <br />MAYOR & CITY COUNCIL <br />LORI JOHNSON, FINANCE DIRECTORl'f~ <br /> <br />DATE: DECEMBER 16, 1993 <br /> <br />SUBJECT: SPECIAL ASSESSMENT REAPPORTIONMENT <br /> <br />The Mississippi Oaks plat was recently recorded; therefore, the <br />City Council must reapportion the assessments on these parcels <br />pursuant to Minnesota Statutes 429.081. There are two parcels <br />which were included in the Mississippi Oaks plat. Each of the <br />parcels had two assessments; one for 1981 sanitary sewer <br />interceptor project, and the other for the 1992 western area <br />improvement project. All four of the assessments were <br />deferred. The 1992 western area improvement assessments were <br />deferred without interest. Parcel numbers and assessments are <br />as follows: <br /> <br />Parcel :# <br /> <br />1981 Project <br /> <br />1992 Project <br /> <br />------------------------------------------------------ <br />------------------------------------------------------ <br /> <br />75-005-1200 <br />75-132-4110 <br /> <br />$1,751. 03 <br />$ 812.95 <br /> <br />$170,999.81 <br />$ 67,326.86 <br /> <br />e <br /> <br />All of the assessments on parcel 75-005-1200 have been <br />reapportioned to the 37 lots in Mississippi Oaks. Only five <br />acres of parcel 75-132-4110 are included in the Mississippi <br />Oaks plat. The assessments on this parcel have been pro-rated <br />and the portion applicable to Mississippi Oaks has been <br />reapportioned to the 37 lots in the plat. <br /> <br />The City Council is asked to approve the special assessment <br />reapportionment to Mississippi Oaks. <br /> <br />e <br /> <br />P.O. Box 490 · 13065 Orono Parkway · Elk River, MN 55330 · (612) 441-7420 · Fax: (612) 441-7425 <br />