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HomeMy WebLinkAbout2011-041EN HILLS CITY OF ARDEN HILLS COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION NO. 2011-041 RESOLUTION ADOPTING SPECIAL ASSESSMENT ROLL FOR THE LEXINGTON AVENUE SIDEWALK IMPROVMEENTS WHEREAS, pursuant to an agreement between the City of Arden Hills, a Minnesota statutory City ( "City ") and Inland Shannon Square Cub, LLC, a Delaware limited liability company ( "Inland Cub ") and Inland Shannon Square Shoppes, LLC, a Delaware limited liability company ( "Inland Shoppes "), the parties agree as follows: 1. The City would construct certain sidewalk improvements; and 2. Inland Cub and Inland Shoppes would each pay 1/4 of the improvement cost incurred by the City for the construction of the sidewalk improvements. WHEREAS, Inland Shoppes is the record fee owner of tax parcel 237023440015 located at 3 673 Lexington Avenue North, Arden Hills, MN; and WHEREAS, Inland Cub is the record fee owner of tax parcel 273023440013 located at 3 717 Lexington Avenue North, Arden Hills, MN; and WHEREAS, the City had completed the construction of the sidewalk improvements; WHEREAS, Inland Shoppes and Inland Cub have each acknowledged that their respective parcels will receive a special benefit equal to the proposed special assessment as a result of the construction of the sidewalk improvement and, each waives their rights under the provision of Minn. Stat. 429, including, but not limited to, the notice and public hearing provisions of Minn. Stat. 429.031 and Minn. Stat. 429.061; and the appeal provisions of Minn. Stat. 429.081. and NOW THEREFORE, BE IT RESOLVED by the Mayor and City Council that: 1. Such proposed assessment roll, a copy of which is attached hereto and made a part hereof, is hereby accepted and shall constitute the special assessment against the lands named therein, and each tract of land therein included is hereby found to be benefited by the proposed improvements in the amount of the assessment levied against it. 2. Such assessment assessed against each parcel of land shall be payable in equal annual installments extending over a period of three (3) years, unless prepaid, the first of the installments to be payable with general taxes levied in 2011, collectible with such taxes during the year of 2012. The assessment shall bear interest at the rate of 3.4 percent per annum from the date of the adoption of this assessment resolution. To the first installment shall be added interest on the entire assessment from the date of this resolution until December 31, 2011. To each subsequent installment when due shall be added interest for one year on all unpaid installments. 3. The owner of any property so assessed may, at any time prior to certification of the assessment to the county auditor, pay the whole assessment on such property, with interest accrued to the date of payment, to the City Administrator, except that no interest shall be charged if the entire assessment is paid within 30 days from the adoption of this resolution. The owner may at any time thereafter, pay to the County Auditor the entire amount of the assessment remaining unpaid, with interest accrued to December 31 of the year in which such payment is made. Such payment must be made before November 15 or interest will be charged through December 31 of the succeeding year. 4. The City Administrator shall forthwith prepare and transmit a certified duplicate of this assessment to the County Auditor to be extended on the property tax lists of the county. Such assessments shall be collected and paid over in the same manner as municipal taxes. ADOPTED BY THE CITY COUNCIL OF THE CITY OF ARDEN HILLS THIS 12th DAY OF SEPTEMBER, 2011. ATTEST: Patrick Klaers, Administrator L is`* 1 j` avid Grant, Mayor