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HomeMy WebLinkAbout4F, Motion to Adopt Resolution 2008-056 ~ ~HILLS Request for Council Action ~ Prepared By: Sue Iverson, Finance Director Council Meeting Date: December 8, 2008 Adopt Resolution 2008-056, a resolution adjusting the special assessment roll for Tax Parcel 34-30-23-22-0028. Budgeted Amount: None Actual Amount: None Funding Source: None Supporting Documents: 1. See the attached memo from Sue Iverson dated December 1, 2008 2. Resolution No. 2008-056 ~ ~HILLS MEMORANDUM DATE: December 1,2008 TO: Honorable Mayor and City Council Ron Moorse, City Administrator FROM: Sue Iverson, Finance Director/Treasurer SUBJECT: Resolution Adjusting Special Assessment Roll for Tax Parcel 34-30-23-22-0028 Back2round: On September 17, 2007 the City Council adopted Resolution 07-68 which adjusted the Special Assessment Roll for Tax Parcel 34-30-23-22-0028. The resolution stated that the remaining balance as of 1/1/08 would be $2,733 which was incorrect. Discussion: The correct balance on 1/1/08 should have been $2,333,31. Council needs to approve a resolution correcting this balance which staffmust then file with Ramsey County. Staff will refund the property owner for any overpayment of taxes and interest in 2008 as a result of the incorrect assessment. Recommended Action: Motion to adopting Resolution No. 2008-056, a Resolution adjusting the special assessment roll for tax parcels 34-30-23-22-0028. . .. E.lirLL~ CITY OF ARDEN HILLS COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION NO. 2008-056 RESOLUTION ADJUSTING THE SPECIAL ASSESSMENT ROLL FOR TAX PARCEL 34-30-23-22-0028 WHEREAS, on September 17, 2007 the Arden Hills City Council adopted Resolution No. 07-68, entitled "Adjusting the Special Assessment Roll for Tax Parcel 34-30-23-22-0028"; and WHEREAS, the Resolution No. 07-68 indicated that the remaining principal balance for the special assessments against tax parcel 34-30-23-22-0028 as of 1/1/08 was $2,733; and WHEREAS, the remaining principal balance for the special assessments on tax parcel 34-30-23-22-0028 as of 1/1/08 should have been $2,333.31. NOW, THEREFORE, BE IT RESOLVED, by the Arden Hills City Council that: 1. The special assessment levied against tax parcel no. 34-30-23-22-0028 by the City of Arden Hills pursuant to resolution no. 07-68 are amended in the following manner: As of January 1, 2008 the remaining principal balance shall be $2,333.31. 2. Such adjusted assessment shall be payable in equal annual installments extending over a period of nine (9) years, wnless prepaid, the first installment to be payable with the general taxes levied in 2007, collectable with such taxes during the year 2008, and shall bear interest at the rate of 9% per annum from January 1, 2008. To the first installment shall be added interest on the entire assessment from January 1,2008 until December 31,2008. To each subsequent installment when due shall be added interest for one (1) year on all unpaid installments. 3. The City Administrator shall forthwith prepare and transmit a certified duplicate of this adjusted assessment roll to be extended on the property lists of the county. Such special assessments shall be collected and paid over in the same manner as other municipal taxes. ADOPTED BY THE CITY COUNCIL OF THE CITY OF ARDEN HILLS THIS 8th DAY OF DECEMBER, 2008. Stanley D. Harpstead, Mayor ATTEST: Ronald J. Moorse, City Administrator