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HomeMy WebLinkAbout1990-144 CCR1 1 Member Celia Scott introduced the following resolution and moved its adoption: RESOLUTION NO. 90 -144 RESOLUTION DECLARING COST TO BE ASSESSED FOR IMPROVEMENT PROJECT NOS. 1988 -24 (BROOKDALE SQUARE TRAFFIC SIGNALS) AND 1989 -19 (BROOKDALE SQUARE ENTRANCE ON -SITE IMPROVEMENTS) AND CERTIFYING LEVIES TO THE HENNEPIN COUNTY TAX ROLLS WHEREAS, final construction costs have been submitted for installation of a traffic signal system on Shingle Creek Parkway at the entrance to Brookdale Square; and WHEREAS, the owners of Brookdale Square have agreed to pay the full cost of such improvement; and WHEREAS, the final cost for said improvement is summarized as follows: Contract 64,065.00 Engineering (Professional) 3,265.54 Engineering (Staff) 3,225.92 Administration 640.65 Legal 640.65 Capitalized Interest 2.588.34 TOTAL 74,426.10 WHEREAS, final construction costs have been submitted for construction of on -site improvements at the Shingle Creek Parkway entrance to Brookdale Square; and WHEREAS, the owners of Brookdale Square have agreed to pay the full cost of such improvement; and WHEREAS, the final cost for said improvement is summarized as follows: Contract 104,353.09 Engineering (Professional) 1,044.05 Engineering (Staff) 9,391.78 Administration 1,043.53 Legal 1,043.53 Capitalized Interest 11.419.23 TOTAL 128,445.06 WHEREAS, the City Clerk, with the assistance of the Director of Public Works, has prepared a proposed assessment roll for each segment showing the 1 1 RESOLUTION NO. 90 -144 proposed amount to be specially assessed for such improvement against every assessable lot, piece, or parcel of land within the district affected, without regard to cash valuation, as provided by law; and WHEREAS, the owners of the one parcel to be assessed have by agreement executed August 9, 1989, waived their right to an assessment hearing. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL of the City of Brooklyn Center, Minnesota, that: 1. That portion of the cost to be assessed against benefitted property owners is declared to be $74,426.10 for project 1988 -24 and $128,445.06 for project 1989 -19. 2. Said assessments are hereby adopted and certified as the following levies: Signals (88 -24) 90 Levy No. 11794 On -Site Improvements (89 -19) 90 Levy No. 11795 3. Said assessment shall be payable in equal annual installments extending over ten (10) years. The first of the installments is to be payable on or before the first Monday in January, 1991, and shall bear interest at the rate of ten (10) percent per annum from October 1, 1990. To the first installment shall be added interest on the entire assessment from October 1, 1990 until December 31, 1991. To each subsequent installment when due shall be added interest for one year on all unpaid installments. 4. The owner of any property so assessed may at any time prior to certification of the assessment to the County Auditor, pay the whole of the assessment, with interest accrued to the date of payment, to the City Treasurer, except that no interest shall be charged if the entire assessment is paid within 30 days from the adoption of this resolution; and he may, at any time thereafter, pay to the City Treasurer 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. 5. The City Clerk shall forthwith transmit a certified duplicate of these assessments to the County Auditor to be extended on the proper tax lists of the county, and such assessments shall be collected and paid over in the same manner as other municipal taxes. 1 RESOLUTION NO. 90 -144 ATTEST: July 23, 1990 Date Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Jerry Pedlar and upon vote being taken thereon, the following voted in favor thereof: Dean Nyquist, Celia Scott, Todd Paulson, Jerry Pedlar, and Philip Cohen; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.