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b. The shays: msrrtioned construction <br />•1577 <br />ORDINANCE NO ~° Irwyude ~ Incidental work and <br />. <br />AN~ORDINANCE ESTABLISHIN~i °~e~ry' ~ to finish the <br />improvements to industry standards and <br />A HOUBINQ 1MPFIOVEMENT, comply wffit permit building codes and <br />AREA FQR T'HB 1NE3TVil laws regardless of whether said <br />this <br />ibed <br />i <br />i <br />VILLA©f3 <br />~ . <br />n <br />s descr <br />i~n~c[d^e^n,.t~a,~l work <br />~~~ <br />l . c. Housing lmparovements shall also be <br />"`~' a desmetj'~'irtdede any of the following <br />` G~i11~+TE~i 42abA ~ costs plrwtroti, by etcher the Wesfinrood <br />~t Village I Housing improvement Area or <br />A. The City is authorized under <br />MltnsSOta Statutes Se~ylne 426A.11 the,CRy. <br />i. Ay costs of architectural, engineering <br />tltrpugh 42Eaiw.2i to . sietablish ; by erxl c~ortatruction administration services <br />latprovsrnent steers <br />Ondinarrce in ooltnectlortwith the improvements. <br />. <br />wNNrt whfoh horrtirtg hrixovements are ii• ~, legal, assessing <br />made or constructed and the costs of fee and consultants posts in cronnection <br />those improvements ero financed ih ~h the Westwood VNlage I Housing <br />while or in part 'by the Criy wh~h is Imprttverrlent Area.,, <br />' <br />` <br />bY fees impose¢ upon . the ~ <br />repaid rf any, to <br />Costs oflssuan~ of bonds, <br />iii. <br />, <br />ovmers,of housing ~ the area, lkxhps housing improvements urxfer <br />aooordano!e wRh .Minnesota <br />B. In - tits Mousing Improvement Act. <br />. <br />Statutes Seen 428A.11, owners of, Sectlort 5. Houskg Improvement Fee. <br />25~a oc more of the housing units <br />located within 'the Westwpod Vilage I The CkY maX; by resolution adopted in <br />accordance with. the petition, heartrrg, <br />Tawrri-owea fried S@r pstfiior- wltlt the artd rtotkae pror,edures required under <br />City ;~~~ a ~Pttbttc he~Arrg Minnesota Statute Chapter 428A known <br />regardleg the' establishment of a , as the kfOUSM9 `Improvement Act, <br />housMte~arentent area. impose a fee oil the housing unit within <br />C. On September 27, $006' the. City the Westwood Village I Housing <br />Cet1rW1 conducted a pubAc <br />hearrrtg on Improvement Area et a rate, terrt-;and <br />' <br />. <br />the pafitlon which hearing was duy ~ <br />amount sugicient to produce revenues <br />rsgtlpsd in acx;ordance wqh Minnesota recruited ' to provide the Wousing <br />'Slaiuls 428A.13, siabd. 2, of whkdt"811 irtpravemerrts subject to the terms and <br />perapn, gtclejdfng~, oyynerg of • p~„ny cortditbnS set forth in this section. <br />1MMtA1,#~ tuxalin9 improvement area a. Any Housing Improvement Fee shall <br />wrre en an otttlortunily to be heard. <br />f <br />h <br />E ~ be Ynposgd and shall be fulN PaY~ <br />no greater than tilteen years sitar the <br />its <br />2ly Courtoil tfipre <br />ore <br />~„ ~ <br />rlAiitrllned a need to estat>I~tr that first ~t N due and payabb. <br />i~lalitio6d , I . jiqusing b, The , resolution imposing anY <br />nt Ares ~ defined herein in_ Housing Improvement Fee shall provide <br />ordsr°to facjUiate Certain improveme->1S 7~t• arty tea," or portion thereof, not <br />tal~s?raU in accordance with the ~iappid byf#te twusing unit owner strati <br />l,lerrsAtp imPrlivement Act, tie ~st'ned to include amortized inW~et <br />tM CMY of RosevlNe uPUn unpaid housing improvement <br />o~p <br />. opals at an annual rate equal to the rate <br />, <br />•1. ftureututt to Minnesota i MPo~ ~~ assessments in the <br />Chapter 42i3A there re heroby City at the tir-ro the resolution iS adopted <br />' <br />1n ills Ci6y of RosevNle a rtior~al one and one-haH <br />Plug an add <br />housing improvement area over <br />known es <br />property commonly ~ro4M1:~ )•. <br />~ AhY HoASirtg Irt-provement Fee shall <br />, <br />Westwopd Vlgege I tpwtShbuses. For be'r3eAlecteGi'atlhe same time and in the <br />the purpose of this Ordl-arxie the City same mara4er as provided for payment <br />ahsltbeimplsrtler-tlngAgen arid.tkatie0®on of ad valorem taxes, in <br />Section 2• ~~• The ~, ~~y acogrdarree with Minn. Stet. 428A.o5. <br />makes the'failowing f in support Art sat forth in Minn, State. 426A.14; the <br />~ ~ art ~ sstabush the housing t~litiisfrtg t-rlprovement Fee iii not <br />kaprovsrnsM area dsecribed trerein: I k1oiNAeed in -the calCUlation of levies or <br />a. Ttrf COtrrtdl fthds that without Nrifite X>fl imposed under any gave <br />establishment of the housing or charter. :' <br />Improvement area the housing "d ~ 4ioutin9 imixovement Fee shall <br />kr~trafiernettts' could noi'be m~e by the ' riot exceed the amount snerifigd„ in. the <br />,tewt~houite associatiotti., tor,. or the notbe of .public hearing regarding the <br />hottt~g unit overrate in, the Westwood apRrovaT` bi; such fee; provided, <br />Village I Townhouse development. however, that the Housing Improvement <br />b. Council furttrsr fhxJs that desfgnatkm Fear may be Xedraced after approval of <br />of sell housing- improvement area is resoluttOn setting the Housing <br />needed tfi raakrtaM encf:preaerve thib knprovement- Fes;. in the manner <br />housirttg antis within th4t area. <br />Seclior- 3. Housing improvement Area fn such resolution. <br />~ 6. Nuance of Bonds. At any <br />defined. TFie Westwood ° Village I >tme aiteE`s: Contract for construction of <br />Horsing Improvernertt And is hereby eH or part of the housing improvements <br />~ aroa of the Cily lege~ has t»en~entewsd;into or the work has <br />' <br />deacrJbed ~ ~ the period for <br />~ balYS' ordered, and <br />Lola 1Mrough 3, Block 1, Lots 1 ~` W'ePSY~-+t, of the Housing <br />through 8, Block 2, hots 1 through 7 Improtrsment Fee' has expired, the <br />Block S, Lots 1 through 4, Bktdc 4, Lott (~scx+oN ~Y issue bonds in the principal <br />h <br />l <br />1 ihrOrgh 6, BkxatS, Lilts 1 through 5, e <br />'nsoessery to finance t <br />~ <br />Bktok 8, Lots 1 throtipFt B,;Bbck 7, Lots ', housing improvements that have not <br />1 tlwnugh 8, Bloclr~8 aN in Westwood p been` prepaid along with costs of <br />VMlage ibvvrrhousee p~ 1 iasuanbe'of the bonds. Such bonds abets <br />Section. 4. Housng .Improvements <br />d <br />d <br />fi a be feiusrt- ptlrrttrant to end ;: in <br />aCOO~lMarrtis w~1 Minn. Stet. 428A.1d of <br />ne <br />e <br />a. For the purposes of iMs Ordlance; -~ tilsrrs6lgMnptmvsment Aot. t <br />1M terra "hqusirW imptwanenis" shah i <br />eneartthR~replaCSrtientof n1C~s,,eiding, <br />gutters. ~ downspouts, and necessary <br />and ir~yhrlfsd relaMd MitP-ovemants <br />and repahs iD, tl» tt6tudrYd ilnlla and <br />garages rrlMrin the Wsssrrood Vlliflge F <br />Houekq ImprowrrNnt A <br />"~~~1~'i and `e~h <br />Au~uilt lath thwsMlsr ur1M~i dousing <br />imptovsibsnt Feu derived M the <br />Westwood Vfilage Neueing <br />Improvement Area are fuly paid, the <br />Westwood Vllfage Townhouse <br />Aasociattoi- and shy surxessor in <br />interest, Shag submit to the GNy Finance <br />DepaAment a copy of tfie Assooiafion°s <br />audRed financial statements. ' <br />b. Westwood Village I Townhouse <br />Associatbrr, ..and. any sucowsoc in <br />intereet~st~ell also submit to the CHy any <br />other repotfas or information at the time <br />and as mired by any contract errNted <br />into between shat entity and fire Clly. <br />Section 8. Notice of Right to FiN <br />~• ~~~~ <br />adopfiort o1 this .ordinance. >#re City <br />Manager is authortzed and dbt1s11Mt <br />mail m the owrMr of each houslq Yr!R in <br />tt» Westwood Village I Fbuskp <br />krgxovement .Area a copy of this <br />flrdYttnce and - notice that ownere <br />sut~sot to the.;: proPP~" . <br />Nr~Ilpteen-ent Fee have a , <br />this otdMrarx;e ff owners of at laist 3t3% <br />of the housing units wr~lrt ihs <br />Westwood Village I bMsHSinp <br />Improvsarent Area ~6:an ot>leetMaM <br />the. City Marngar before tl~. <br />dSta of ttte ordinance> <br />Secfior- t3.An-erxJRret+t. This Ordinance <br />may be amended by the City Coundl <br />upon tree wNh the publ~ hearing <br />ar''W notke requirements set forth in <br />• Minn.,: Sifat. a28A.13, subd. ~ of the <br />MftyrtlMt~ Improvement Act. <br />iQ,, effective Date. This <br />sttgY .be efiedive. 45 days <br />atMr Ns adoption introduced this 22nd <br />~ d'fieptember, 2006;.... <br />this 22nd day of September, <br />MaSrbr ~G ~• -w <br />( pEsvMrV:`Oct. 7, 2006). <br />