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.