HomeMy WebLinkAbout7.f. Abatement Request for CR38 Assessment Project � 1 � P.�. ��X Stt?
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Agenda Item 7f
TU: Mayor, City Council, City Admfnistrator
FROM: �ean John�on, nirector of Community Development
-- DATE: October 28, 198t3
SUBJ: November 1, 1988 Agenda Item 7t'
7f. Abatement Reguest - County Road 38
1�riany of you will recall the dctails of the CR38 recanstruction/as.sessmeat
project. This project was assesscd an a 5-acre unit basis, consistent with
devetopment standards in this }�art of the city. C>ne parcel, owned by John
Houston and now known as Shann�n Oaks, was assessed i6 units for thas
project. The parcet in question is only 60+ acres; however, a preliminary plat
had been approued some years earlier with 16 lots. The ci[y caused the
maximum assessment in the event the final plat was approved 3vith 16 lats.
Mr. Houston was aware that the certification of 16 assessment units was not
a guarat�tee that a final plat would be approved wiEh 16 lots, since the
requirement for 5-acre lot sizes was in effect at that time. Zoning ordinance
reqvirernents wauld altow only 12 lots, which is what Ehe final plat was
finally approved with.
The staf f, Mr. Houston and, I helieve, the City Council were aware that an
abatement of a portion of the assessments would be in order, pendin� the
outcome of the final plat approval. The Planning Commission and City
Council did approve the plat on the 12 lot, 5-acre basis, which is consistent
with the ordinance and benefit, according to the assessment policy. Mr.
Houston is now requesting that the city abate the equivalenE of four
assessment units to re[lect the benefit received. '
Staff is in agreement with the request and wauld recommend the City Council
approve the abatement. We will have the necessary paperwork avaitable prior
ta the meeting.
T
GS
Ti►e Gr�t S#otk Corporation
13004 diamond Path West • Apple Valley, Minnesota 55124 • (b}?) 423-2945
November 1, T 988
Honorable Mayor and Councii
City o# Rosemount
2$35 145#h Street West
Rosemount, MN 554b$ .
Subject: SHANNQN OAKS - Coun#y Road No. 38 Assessments Reduction to 12 lots
Gentlemen: .
On July 8, 1981, the city counc[I opproved a 16 lot preltminary plat for the
same property thc�t was just thts year platted into 12 lots naw known SHANNON '
OAKS. In 1987, on the basis of the 16 lot preliminary plat, #he cIfiy assessed our
land (Parcet No. 34-OT810-011-75) for 16 units a# �1,818.87 for a total of
�29,l O1.A4 (s+�e capy of part o€ assessrnent rol! attached).
f�n March 1, 198$, the plonning commisslan rejected re-approval of the ib
lot preliminary plat. Subsequent negotiations wIth the city resulted in approval of
tMe present 12 le#s final plat for Shannan Oaks. During these negotiations the
subject of the 16 assessrnent untts for CR 38 wns discussed and It was the generol
cons�nsus tha# It would be apprapria#e that the assessment would be reduced to
reflect the actual number of lots.
We, therefore, now formally reguest a reduction in the assessment for the
CR 38 impravements from 16 units to 12 unIts. After adjustIng for the payments
, already made with the 198$ tqx statement (with 16 assessment units) the resutting
' remaining principal balance should be $9b9.Q9 per lot for the CR 38 assessment.
The compu#ation of thIs remaining amount Is explained in the enciosed sheet
en#itted "SHJ�NNON OAKS - STATUS OF ASSESSMENTS" dated Octobsr 2$, i 488.
Sincerely,
1 '` e-C� ��,
��� `/ ���V
��E GREAT STOCK CORPORATION
ohn C. Houston, Pres�dent
cc: Blake Crandall, Ctty of Rosemoun#
cc: File ,
M(NNEAPpL15 • fARGO
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