3.9. SR 11-18-1996 - Laserfiche WebLink

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ity of iver MEMORANDUM **ITEM 3.9** TO: FROM: DATE: SUBJECT: Mayor & City Council Lori Johnson, Asst. City Administrator/ Finance Director November 18, 1996 Special Assessment Issues There are two special assessment items on which the Council needs to take action. One is to reapportion assessments for Country Crossing Townhomes Third Addition. The second is the approve a resolution amending the resolution which originally adopted the assessment roll for Hillside Crossing II. Country Crossing Townhomes Third Addition As required by State statute, the assessment previously levied on this new plat needs to be reapportioned. The original assessment on parcel 75-583- 0010 was adopted in October, 1994, in the amount of $19,143.00 for the Western Area Phase II trunk water and sewer improvements. This assessment is being reapportioned to the 22 new lots; each lot will be assessed $870.14. Hillside Crossing II At the October 28 Council meeting, a resolution was approved adopting the assessment roll for Hillside Crossing II. There are several items relating to this assessment roll which need to be adjusted. First, the developer requested that the first payment be delayed until 1998. This request was taken into consideration when the project bonds were issued and the bonds were structured accordingly. However, when the roll was prepared, this request was overlooked. The new assessment roll has been adjusted so payments start in 1998. Second, grading and inspection engineering costs were included as part of the assessment amount. When the Council approved these services, escrows where obtained from the developer to cover these costs. These costs should not be included as part of the assessment to this development; the assessment amount has been decreased accordingly. Finally, the developer has requested a change in the manner in which the 13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 · (612) 441-7420 · Fax: (612) 441-7425