HomeMy WebLinkAbout1966-313 CCR Member Howard Heck introduced the following resolution
and moved its adoption:
RESOLUTION NO. 66 -313
RESOLUTION ESTABLISHING AND RE- ESTABLISHING EARLE BROWN
FARM SPECIAL ASSESSMENTS ON HENNEPIN COUNTY TAX ROLLS
WHEREAS, the Village of Brooklyn Center entered into an agree-
ment with the University of Minnesota on the 28th day of June, 1960,
a copy of which is included in the Council minutes of October 24,
1960, to remove the outstanding special assessments on the Earle
Brown Farm from the Hennepin County tax rolls and provide for separate
accounting by the Village of Brooklyn Center until such time as the
property was sold, whereupon the special assessments could be re-
instated on the Hennepin County tax rolls for the remaining years
of the levies or bond funds, and
W
HEREAS, $52,423.51 of unpaid assessment principal was tempor
arily cancelled in a resolution of October 24, 1960, and corrected by
a resolution of December 27, 1960, and
WHEREAS, $260,354.34 of unpaid assessment principal was temp-
orarily cancelled in a resolution of November 28, 1960, and
WHEREAS, $8,309.52 of assessment principal contained in the
1958/1959 delinquent taxes and 1959/1960 installments was similarly
temporarily cancelled, and
WHEREAS, $19,604.08 of the 1961 AB assessment principal and
$28,167.02 of the 1963 AB assessment principal was deferred for
improvements assessed after and not included in said cancellation
actions, and
WHEREAS, $420.67 of assessment principal is an obligation
of the Village of Brooklyn Center consistent with the Xerxes Avenue
right -of -way acquisition agreement dated January 14, 1966, and
WHEREAS, $47,812.62 of assessment principal attributable to
property acquired for State highway purposes was received by the
Village of Brooklyn Center on February 26, 1965, and
WHEREAS, the net assessment principal due the Village of
Brooklyn Center therefore amounts to $320,625.18, and
WHEREAS, in accordance with said agreement, the University of
Minnesota paid $85,448.91 of interest due on the temporarily cancelled
and deferred assessments through December 31, 1965.
RESOLUTION NO. 66 -313
NOW, THEREFORE, BE IT RESOLVED by the Village Council of
the Village of Brooklyn Center, Minnesota, that the net assessment
principal due the Village of Brooklyn Center on the Earle Brown
Farm and the 1966 interest due thereon be established on the Hennepin
County tax rolls according to the following schedule, with the first
year's installment due and payable in 1967:
No. of
Bond Levy Deferred 1966 Total Years
Fund No. Principal Interest Principal Remaining Interest
55A 1918 49 2,487.21 52 9 5
56AC 1939 12,370.68 618.53 12 10 5
56AC 1941 20 1 21 10 5
58A 2133 25 1 26 12 6
60AB 2418 71 4 75,625.59 14 6
60AB 2419 98 5 104 14 6
61AB 2536 4 273.60 4 15 6
61AB 2537 5 306.33 5,412.05 15 6
61AB 2677 440.20 26.42 466.62 3 6
61AB 2908 4,870.97 292.25 5 17 6
63AB 3088 3,448.43 206.90 3 3 6
63AB 3097 16 1 17,670.25 18 6
63AB 3139 8,048.54 482.93 8 18 6
$320,625.18 $18,415.93 $339
November 14, 1966
Da Mayor
ATTEST: a
Clerk
The motion for the adoption of the foregoing resolution was duly
seconded by member Earl Simons and upon vote being taken thereon,
the following voted in favor thereof: Philip Cohen, Earl Simons, John
Leary, Howard Heck and Theodore Willard,
and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted.