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HomeMy WebLinkAbout4.b. Receive Petition for Rosemount Business Park Phase 1 Improvements from Port Authority ' CITY OF ROSEMOUNT ' EXECUTIVE SUMMARY FOR ACTION CITY COUNCIL MEETING DATE: June 10, 1994 AGENDA ITEM: Receive Petition for Rosemount Business AGENDA SECTION: Park Phase 1 Improvements from Port Authority New Business PREPARED BY: Thomas D. Burt, City Administrator AGENDA NO. �� b. ATTACHMENTS: Petition, Resolution APPROVED BY: The City has received a petition from the Port Ruthority to construct the improvements in the first phase of the Business Park. This is a formality that Bond counsel has advised us to proceed with so that when land is sold in the Business Park the assessments can be transferred over to the buyer if they desire that type of financing versus cash up front. This will give the City a more secure position in the case of default by a buyer of the land. RECOMMENDED ACTION: Motion to adopt A RESOLUTION RECEIVING THE PETITION FOR THE ROSEMOUNT BUSINESS PARK PHASE 1 IMPROVEMENTS CITY PROJECT #256. COUNCIL ACTION: . Pro� # 256 CITY OF ROSEMOUNT PETITION FOR LOCAL IMPROVEMENTS t1007. Petition) To the City Council of Rasemount, Minnesota: We, the undersigned, being the oWners of all the real property legally described as follows: Rosemount Business Park, First Addition hereby petition the city council to undertake vithout a public hearing under Minnesota Statutes, Section 429. 031, the follorring improvements to such property and agree to pay for all costs for the preparation of the feasibility report for these improvements in the event the impravements are not ordered in: X Sanitary Sewer X Walkways X Watermain X Streets X Storm Sewer X Curb & Gutter X Streetlights X Other Landscaping and to pay the entire assessable costs thereof against our property encompassing or abutting said improvements based on benefits received without regard to cash valuation. Sictnature of Owner t s? + Address Date 1�% .� �i�'T- Ex � iv Dir 2875 - 145th Street. Rosemount h-7-94 2. 3. 4. We also agree to guaranty payment for the preparation of plans and specifications for the above petitioned improveme�r►ts in order that the plans and specif ications may be prepared simultaneously with the feasibility report. For City Use Only Date Rec'd: 6-7-94 By 'To Council : . * Property owned in �oint tenancy should be signed by each ovner. 10/88 � � C1TY OF ROSEMOUNT DAKOTA COUNTY, MINNESOTA RESOLUTION 1994 - A RESOLUTION RECEiVING THE PETITION FOR THE ROSEMOUNT BUSINESS PARK PHASE 1 IMPROVEMENTS CITY PROJECT #256 WHEREAS, the City Council of the City of Rosemount has received a petition from the Rosemount Port Authority conce�ning the improvements for the first phase of the Rosemount Business Park. NOW, THEREFORE BE IT RESOLVED, by the City Council of the City of Rosemount as follows: (1) the aforesaid petition represents the owners of the affected property; (2) the property owners request in the petition that the improvements be constructed and that the entire cost for their share less the City's share of the cost of improvement be assessed against the prope�ty; 13) the aforesaid petition is approved and placed on file. ADOPTED this 10th day of June, 1994. E.B. McMenomy, Mayor ATTEST: Susan M. Walsh, City Clerk Motion by: Seconded by: Voted in favor: Voted Against: �