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Home My WebLink About4.e. Adopt Assessment Roll, Shannon Oaks Addition, City Project #185 .� � �� • ' , . • '7" � � � J � ..�\d;Int�. - ., t � . . � I � . � . � � . � . . �.. . � .. . . . . . � ************************�r�r****1"iEI't0�**��********�t*�r*�x*�*�r�x�t�*��t***�,t��*��* DATE: JULY 26, 19$9 T0: MAYOR & COt3NCILPiEPiB�RS C/p ADAtINISTRATOR JILK k'ROPI: CITY ENGINE�R/PUBLIC WORKS DIREGTOR HEFT r RE: ITEri FOR TH� AUGUST 1, 1989 CQUNGIL MEETIN� CONSENT AGENDA Adogt Assessment Rnll, Prc��ect 185Z Shannon Oaks Addition Tliis item consist oi' aclopCing the attacliec� assessment rnll f�r tlae st��cet improvements within the Shannan �aks subdivisinn. This memo provide:; br�ck�round inf�rmation and recommended acti�n for Counci.l to cansicler. The owner and developer of tne Shannon Oaks subdivisian, Air. John Houston, has signed the attached "Waiver of Hearing" far this project. After meeting with l�lr. Houston he is in complete agreement with the eost to be assessed to his property. Rather than go throu�h the time and expense of a public hearing to consider adopting the aasessmen� roll, rir, Houston has elected to sign the "Waiver af Hearing" thereby waiving his rights to a publie hearing and accepting tl�e cost to be assessed as complete bene�it to this property. As you can see from the "Waiver of Hearing" we are assessing the total assessment cost against nine of the fiwelve lots that Atr. Houston platted as the Shannon Qaks Addition. The r�ason for this is that Mr. Houston sold three af tfie lots prior to the assessment hearing. Rather than have rtr. Houston post 1--1/2 to 2 times tlie pending assessment rate in escrow we allowed Mr. Houston to enter into an agreement with the City to spread' the total cost to be assessed to this project over 9 lots instead of the original 12. Recommended acticsn £or Council to consider is to adopt the attached resolution adopting the assessment ro11 for Project 185, Shannon Oaks Addition. ,, .,�_�.. ... . u � � i , ' . • � CIfiY OF ROSEMOUN'� ' RESOLUTION 1989 - A RESOLUTION WAIViNG Tl1E I1rARING 4N' '['tt� PROPOSF,n ASSFSSMFNT, AND Ant?PTTNG ASSFSSZ1rNT ROT,L SHANNON QAKS STREET II�IPROVEMENTS CITY PROJECT #1$5 WHEREAS, the City Council tias received a "Waiver of flearing" executed by the sole property owners for Shannon Oaks Street ImProvements, Project T$5, and has amended such proposed assessment as it deems just. BE IT FURTHER RESOLVED by the City Gouncil of Rosemount, ttinnesota: l. The assessment hearing has been waived because the property owners, The Great Stock Corparation, executed a "Waiuer of Hearing" which zeleases all their rights to a final assessment hearing and any assessment appeals. 2. Sueh assessment, in the amount of $155,279.37, a copy of which is in Clerk's Fil.e 1989-26 is hereby aecepted and shall eonstitute the speei.al �ssessment against the lands named therein, and each tract of land therein is hereby found to be benefited by the proposed improvement. 3. Such assessments shall be as follows: - �u a. The assessments shall be payable in equal annual installments extending over a period of five (5) years, the first of said installments to be payable with general taxes for the year 1990, collectible with such taxes during the year 1990. b.�� To`�ttie� first installment shall be added interest at the arate of eight and sev�n-tenths percent (8.7�) per annum an the enti,re principal amount of the as�essment fram the date of this resolution unta.l De�emher 31 of the year in which such installment is payable. To each subsequent installment, when due there shall be added interest foir ane year at said rate on the unpaid principal amount of the assessment. c. The owner of any property so assessed may at any time prior ta the certification of the assessment or the first installment thereof to the County Auditor, pay the whole of the principal amount of the assessment on such property with interest accrued to the date o€ payment to the City Treasurer, except that no interest shall be charged if the entire assessment is paid within 30 days from the date hereof; and such property owner may at any time prior ta November 15 of any year pay t4 the County Auditor the entire principal amount of the assessment remaining due with interest accrued to December 3l of the year in which said; payment is made. , � � . � � • PAGE 2 RESOLUTION 1989- "�~ ,, .;i_�...... : . . 5. The Administrator/Clerk shall £orthwith transmit a eertified duplicate Gopy of this assessment roll to the County Auditor to be extended an the tax list of the Gounty. d � , . , ADOPTED this lst day of August, 14$9. Roll.an Hoke, Mayor ATTEST: Stephan Jilk, AdministratorlCierk a .._,r„�„��, � � , , � WAIVER OF HEARiNG Nd. CITY PR03EGT N0. Special Assessment Authorization I/We hereby request and autharize the City of Rosemount, Atinnesota (Dakota Cc�unty) to assess the following describ�d property owned by ne/us: Shannon Oaks Addition, as recorded at the Of€ice of the Aakota County Recorder, Dakota County, Ptinnesota, for the benefit reeeived from the following improvements: ITEM QUANTITY RATE APtOUNT PROJECT Street Construction 9 lots $17,253.263/lot $155,279.3Z 1$5 T�TAL R $155,279.37 ' a ,._�r,.,��. � t . to be spre�sd over 5 years at an annual interest rate of 8.7� against any remaining unpaid balances. The undersigned, far themselves, their heirs, executors, administrators, successurs, and assigns, hereby cansent to the : levy of these a�eeasments, and furthez, hereby waive natic� o€ any and all hearings necessary, and waive objections to any technical defects in any proceedings related to these assessments, and further waive the right to object to or appeal frvm these assessments made pursuant to this agreemer�t. Dated: August 1, 1989 Great Stock Corporation Bys Its: sident STATE OF ZtINNESQTA) )SS COUNTY OF DAKQTA ) On this _�j� day of �,�(�� ' 19 f1�! ' before me, a Notary Public within and for said C unty, personally appeared ' John Houston to me personally known, who being by me duly sworn did say that he is the President of Great Stnck Cor�oration, the e�rPorati�n n.lmetl in the fore�;c�in}; i.n�tr��menl' , :�ncl ri��r. r.t�e s�.�t �' � �[Li.xecl �o sai�t ine>�i�r�n�ari�t is ►.I�c* c��rpc�t�<atc seal u[ s.��id � � . . : s ! i WAIVER OF HEARING N0. CITY PROJECT N0. Special Assessment Authorization I/We hereby request and authorize the City of Rosemount, Ptinnesota fDakota Co�mty) to assesu t41e followin� described property owned by nejusc Shannon Oaks Addition, as reeorded at the Office of the Dakota I County Recorder, Dakota Gounty, Piinnesota, for the benefit received from tha following improvements: ITEPt QUANTITY RATE ATIQUNT PROJECT Street Construction 9 lots $17,253.263I1ot $155,279.37 1$5 T�TAL = $155,279.37 � a ._�r�.i.�•. , c , to be spread over 5 years at an annual interest rate of 8,7� against any remaining unpaid balance�. The undersigaed, for themselves, their heirs, executars, administrators, successurs, and assigns, hereby conset�t to the l�vy of these a�eessmenta, and further, hereby waive natice of any and all hearings necessary, and waive objection� to any technicai defects in any proceedings related to these assessments, and further waive the right to object ta or appeal' from these assessments made pursuant to this agreement. Dated: August 1� 1989 Great Stock Corporation By: Its: sident STATE OF rtiNNESOTA) , }SS COUNTY OF DAKOTA ) On this �_ day of �� , 29�, before me, a Notary Public within and for said�Ccunty, personally appeared John Houston to me personally known, who being hy me duly sworn did say that he is ttiP Presiclent of Great Stock Corporation, the c�r�c�rati�n n.�inc•�l in fhe fc�r��;riitry; i.n�[r��mc�nt , �n<1 rt�1t t�,e ��.�1 � a[[i.xecl tc� s�3i�l in��i rwnc•��t� is t.tif� corpc��•<ilr sc��11. af s��tic1 � � � � � y - �. . . . .. . . . . �... . . � . . ,� corporation, and that said instrument was signed and sealed in behaif af sa�id corporatian and said John Houston acknoWled�ed said instrument ta be the f rep ac� and deed of said corporatzon. . , ��; ��` t�11SE t.ilVl�tMRlt � Nor�Rra�uc-..Mw�sota (�r�d,itiv( ��}t.s,�t,�,� OAKOTACWMtII Noc�ry �ubll� MY COAIMI.EXPIRES SiA.2'A►19p0 . � ti i . . .. .. �. riy commission expires q�� -C��j � APPROVED: � � � � � �, � �,,r� � � � � ��-�. �,� �/ � � asemount Fubli orks Director � � � .._�.�,�„�•. � . � ,