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1�� � January 7, 2009 Westwood Village I Property Owner 2694 Mackubin St. Roseville, MN 55113 Dear Property Owner: Notice is hereby given that the Roseville City Council will meet at 6:00 pm on January 26, 2009 at the City Council Chambers to consider the proposed improvement fees to be imposed and collected for improvements and repairs to Westwood Village I housing units within the Housing Improvement Area pursuant to Minn. Stat. ' 428A.11 through ' 428A.21. The properties proposed to be subject to the improvement fees are located within the Westwood Village I Housing Improvement Area and are legally described as: Lots lthrough 3, Block 1, Lots 1 through 8, Block 2, Lots 1 through 7 Block 3, Lots 1 thro�lgh 4. Block 4, Lots 1 through 6, Block 5, Lots 1 through 5, Block 6, Lots 1 through 8, Block 7, Lots 1 through 6, Block 8 all in Westwood Village Townhouses Plat 1 All interested persons will be given an opportunity to be heard at the public hearing on the proposed fees and written comments will be considered. The estimated cost to such improvements is $1,595,336.25. The amount proposed to be assessed to your property is as follows: Housing Improvements $34,950.53 ($2,330.04 per year) Staff recommends the assessments be payable over 15 years at 7.75% interest. NO ADDITIONAL NOTICE OR BILL WILL BE SENT IN REFERENCE TO THIS ASSESSMENT. Various options are available to pay the principal amount of the assessment (improvement fee) after the City Council has adopted, by resolution, the assessment roll. They include: A. Total or partial payment of the assessment. B. Allow the entire assessment to be certified to the County Property Records and Revenue Division for collection with real estate taxes beginning in 2010. 2660 Civic Center Drive ❖ Roseville, Minnesota 551 13 651-792-ROSE :• TDD 651-792-7399 ❖ www.ci.roseville.mn.us .-. � � __�,., �