5.12. SR 07-17-1995 - Laserfiche WebLink

Home Browse Search

~Ik Ri ITEM *5.12 MEMORANDUM ver TO: Mayor & City Council FROM: Lori Johnson, Assistant City Administrator DATE: July 8,1995 SUBJECT: Two Year Interest on Tillable Green Acres Property The city recently received a request for a two year interest exemption on the assessments levied as part of the 1994 Western Area Phase II improvement project. The property owner requesting the exemption currently qualifies under the Green Acres statute and considers his property to be tillable. L~ When the Western Area Phase 1 assessment role was approved, the Council included a provision in the resolution which stated that tillable Green Acres property would be exempt from interest for two years. This provision was not included in the Western Area Phase II Assessment Resolution. The minutes of the assessment and improvement hearings for the Western Area Phase I and Phase II projects do not make reference as to whether the exemption granted far the 1992 assessments was to apply for future phases of the Western Area Improvement Project. I have attached Council minutes, resolutions and staff memos for your review. Staff would like clarification from the Council on whether or not this exemption was intended to apply to just phase 1 of the Western Area improvements or to all phases. In that regard, if this item is approved as part of the consent agenda, the two year interest exemption will be applied to all phases of the Western Area improvements. If that is not the intent of the City Council, this item should be removed from the consent agenda so the record reflects the Council's interpretation of the two year interest exemption policy. Attachment • 13065 Orono Parkway • P.O. Box 490 • Elk River, MN SS330 • (612) 441-7420 • Fax: (612) 441-7425