7A, Adopting Special Assessment for the Abatement of the Public Health Nuisance at 1415 Glenhill Road

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� EN HILL5 MEMORANDUM DATE: July 30, 2012 TO: Honorable Mayor and City Council Patrick Klaers, City Administrator FROM: Sue Iverson, Director of Finance and Administrative Services SUBJECT: Adopting Special Assessment for the Abatement of the Public Health Nuisance at 1415 Glenhill Road Back�round The County declared the property at 1415 Glenhill Road to be a public health nuisance and ordered the clean-up of the property that included the removal of animals per the City's Animal Control Regulations. The City is allowed to recover the fees related to this abatement. The property owner has been billed for these costs and the City has been informed of the property owner's refusal to pay this bill. The City will be following the 429 Special Assessment process for this abatement. The 429 Special Assessment process has been used by the City for street improvement projects. A public hearing has been scheduled as required. Staff Recommendation Staff recommends that the interest rate for this special assessment to be set at 4%. This interest rate is derived from adding 2% to the first quarter investment portfolio return rate of 2%. Staff also recommends setting the payment period to 10 years which would keep the annual installment amounts reasonable. Overall, staff recommends a motion to adopt Resolution 2012- 019, authorizing the special assessment for the collection of the abatement costs and the transmitting of this special assessment to Ramsey County to be collected with property taxes.