CC_Minutes_1981_0812 - Laserfiche WebLink

Home

storm sewers along County Road C-2 and up the piece of right-of- way of Judith. Judith doesn't exist on the ground as a driveable piece of property, but the right-of-way is there, and the associated collection facilities that occurred with that. One of the things I would like to point out to the Council is that there is a strip of easement for street purposes across the vacant property between County Road C-2 and just north of Wood- hill Drive. It would be recommended that this be included in the assessment but be deferred until such time as that property would be used for something other than road right-of-way. t1.hat that means is that should this property ever be vacated, or actually the easement released, then whoever gets that property would also be expected to pick up the assessments. But at this time there would be no cost to them. It's actually anticipated there would never be any cost to them because it is anticipated to stay as a piece of road right-of-way. The paving portion of the project is from Lexington Avenue to Oxford on County Road C-2. It was built at 36 feet wide, is an M.S.A. road with concrete curb and gutter and asphalt paving. In accordance with our M.S.A. policy, all of the parcels on the south side of the road are not being assessed because they are existing R-l and R-2 taxable property. The property on the north side of the road, however, is owned by Ramsey County and does not pay taxes. Therefore, it is recommended, in accordance with the policy, that they would be assessed for their propor- tionate share of the cost. We recommend that that would probably be spread over the same 15 year period that's typical and if they wouldn't pay it off, that would be their option. I guess I'd prefer, at this point, to answer any questions that there may be. MR. POPOVICH: The total cost of this improvement is $209,199.29. Of this amount, $77,294.38 will be picked up by M.S.A. funds or general taxes and $131,904.91 will be assessed. The street, curb and gutter comes out to $63.09 per foot, which will be assessed as Mr. Honchell has just said. . The storm sewer part will be assessed according to the City policy of $295.00' per residential buildable lot, $590.00 for nonbuildable, $995.00 per acre for buildable residential and $1,990 per acre for shopping center or commercial property, as such. The assessment period is recommended to be 15 years, with the right to prepay. This was included in the last bond issue, as well, which carried the 7.63% rate, so we're recommending that the interest charge on the assessments be at 8.63, or 1% over, as the statute provides. There were no written communications. Mayor Demos announced that the meeting was open for the consideration of objections, if any, to said proposed assessment. All persons present were given the opportunity to present oral objections. No one appeared to be heard. 2