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HomeMy WebLinkAbout[06] Public Hearing - Final Assessment Roll - Liberty Pointe~: ~rt~~ oF:t;'r. ac~Sh rH MEETING DATE: AGENDA ITEM: SUBMITTED BY: February 5, 2009 Public Hearing -Final Assessment Roll -Liberty Pointe Administration/Finance BOARD/COMMISSION/COMMITTEE RECOMMENDATION: PREVIOUS COUNCIL ACTION: The Liberty Pointe Project was a publicly financed project that included a bond issue whereby the assessments would be paid over a five year period. The last year of collection is 2008. BACKGROUND INFORMATION: As you are aware the City has been working to collect the delinquent assessments for parcels in the Liberty Point Addition. At the end of 2008 there are 8 parcels with outstanding/delinquent taxes and assessments. The property is going through receivership and the letter of credit on file with the City is not bankable. The letter of credit is financed through the First Bank of Scotland and they do not have the funds to cover the outstanding assessments. For your convenience the following maps illustrates the vacant lots that are going through the foreclosure process. These are the same lots that have outstanding assessments. When the lots are sold the City will receive the past taxes and assessments, but we are left holding the costs until such a time. The Public hearing is to collect the City Engineering/Legal and some staff time for pursing the collection of the debt. Therefore, we are proposing to divide the current costs equally amongst the available lots. I have checked with the City Attorney and he concurs with the process of certifying a final assessment. Therefore, the City Office has published, posted and mailed notice to the current land owner. They have been given the opportunity to appear before the Council to contest the amount. The process for appeal is the same as a project final assessment. Once the lots are sold the City will become whole. Once the assessment amount is finalized, we will certify the same to the auditor so that when title searches are prepared people are aware of the outstanding fees and the City will receive the payment. BUDGET/FISCAL IMPACT: $11,932.48 ATTACHMENTS: Hearing Notice, Assessment Roll, Map illustrating parcels Council Agenda Item 6 REQUESTED COUNCIL ACTION: Adopt the final assessment roll as presented causing the same to be certified. - ~ CITY OF ST. OSFPH 1 wwev. cityof stjoseph.com CITY OF ST. JOSEPH PUBLIC HEARING TO WHOM IT MAY CONCERN: Administrator ~udy Weyrens Notice is hereby given that the Council will meet at 7:00 PM on February 5, 2009 in the City Hall Council Chambers to consider, and possibly adopt, the proposed assessment for outstanding invoices as they relate to the Liberty Pointe Subdivision. Adoption by the Council of the proposed assessment may occur at the hearing. Mayor AI Rassier The amount to be specially assessed against your particulaz lot, piece, or parcel of land is attached. Such assessment is proposed to be payable in one installments extending over a Councilors period of lyeaz, the first of the installments to be payable on or before the first Monday in Steve Frank Janes' 2010 and will bear interest at the rate of six percent per annum from the date of the Bob Loso adoption of the assessment resolution. To the first installment shall be added interest on the Renee Symanietz entire assessment from the date of the assessment resolution until December 31, 2010. Dale Wick you may at any time prior to certification of the assessment to the county auditor, pay the entire assessment on such property, with interest accrued to the date of payment, to the City Clerk. No interest shall be charged if the entire assessment is paid within 30 days from the adoption of this assessment. You may at any time thereafter, pay to the City Clerk the entire amount of the assessment remaining unpaid, with interest accrued to December 31 of the year in which such payment is made. Such payment must be made before November 15 or interest will be charged through December 31 of the succeeding year. If you decide not to prepay the assessment before the date given above the rate of interest that will apply is six percent per year. The right to partially prepay the assessment according to Ordinance No. 37 is available. The proposed assessment role is on file for public inspection at the City Clerk's Office. The total amount of the proposed assessment is $ 11,836.48. Written or oral objections will be considered at the meeting. No appeal may be taken as to the amount of an assessment unless a written objection signed by the affected property owner is filed with the City Clerk prior to the assessment hearing or presented to the presiding officer at the hearing. The Council may upon such notice consider objection to the amount of a proposed individual assessment at an adjourned meeting upon such further notice to the affected property owners, as it deems advisable. If an assessment is contested or there is an adjourned hearing, the following procedure will be followed: 1. The city will present its case first by calling witnesses who may testify by narrative or by examination, and by the introduction of exhibits. After each witness has testified, the contesting party will be allowed to ask questions. This procedure will be repeated with each witness until neither side has further questions. as College Avenue North PO Box bba Saint ~oseph, Minnesota 56374 phone 3ao.363.7zoi Fax 3zo.363.o34z 2. After the city has presented all its evidence, the objector may call witnesses or present such testimony as the objector desires. The same procedure for questioning of the city's witnesses will be followed with the objector's witnesses. 3. The objector may be represented by counsel. 4. Minnesota rules of evidence will not be strictly applied; however, they may be considered and argued to the council as to the weight of items of evidence or testimony presented to the council. 5. The entire proceedings will betape-recorded (video-taped). 6. At the close of presentation of evidence, the objector may make a final presentation to the council based on the evidence and the law. No new evidence may be presented at this point. 7. The council may adopt the proposed assessment at the hearing. An owner may appeal an assessment to district court pursuant to Minn. Stat. § 429.081 by serving notice of the appeal upon the mayor or clerk of the city within 30 days after the adoption of the assessment and filing such notice with the district court within ten days after service upon the mayor or clerk. Judy Weyrens Administrator c v ri r-i ~--i .-i f-i ri c-i ~-i N Ql Cl Ql Ql Ql Ql Ol Ql M h = ~t v c7 ~7 ~ ~ ct a Q~ N ~ rl e--i r-i e--1 e-I '--+ .-1 ~--I ri N p ~ Q Q 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 OD u'1 t!l Ul U'1 lfl l11 Lfl N p c m m m m m m m m co N L O u y v ~ ~ LL O O O O O O O O O j }, O O O O O O O C O ~ lD l0 tD l0 lD lD lD lD 00 Y N m m m m m m m m o0 ~n N N '~ h C ~~ G/ Q W 00 CO GO 00 00 00 00 00 ~ m m m m m m m m o Y 3 ~ ~n ~n ~n ui vi ~n u, ~n o ~y- ~ Ln Lf1 ~ IIl to Ul ul Ln C? ~ ~ M ~~ r.. x W W m m m m m m m m o N m m m m m m m m ai O N N N N N N N N Op y~ Ul V1 ul ~!'1 ~Pl ~!l ul ill r-1 _ C V ~ d Op v x J W d l: O c Gp C .p C m Y p Y ~ ~ s ~ O n. y °~ ~ v ~ ~, O H O vi ~ a a o _ ), ra GJ +, c .a U LL J W W W W W W W ~ N 4J d! 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L L Q~ ~ Q~ ~ Q~ Q~ Q~ .Q J J J J J J J J m r-i r-I r-1 N N N N I oo .~ ~ ~n ~ v ~n ~ H Ql N M V Ql O c-I l0 CO Q1 Q1 Q~ Q1 O O C O O O O C~~ O O C O O O O O c o o c o 0 0 0 ~n ~n ~n ~n ~n ~n ~n ~n u~ ~n ~n v~ ui u-~ ~n ~n m m m m m m m m ~ ~ ~ ~ ~ ~ ~ ~ v v a a v a v a ~ ~ ~ ~ ~ ~ ~ ~ 11BEk1Y POIrJT4 ~;l(aNn1lJR{. tionnf5 Summary o1 f and f#V# YiAR 5iinnt,4n#•:r PRINCIPAL INTERI".ST PENAiTYJiNT TOTAL Payments Received 077,77 9S 35,949 i7 G9,70~a 1~ ~ ~~ 29?,~?~ 4; aonra Schedule 3,41,LE4 Oi 19°,239.t>G 3,340,~~3,00 (63;E08.05} ' (53,?89.83} ' 69,200.29 (47,89].59) ' Accounts Payable (5,423.11) Interest Expense __ (15,024.00) TOTAL ~ (2G,447 11) ~ __ {20,447.11) (68,33fi.70) s r Represe+,L tf,e shortfall in the bond fund without n+iscellaneous expenses and the final outstanding asssessrnents Represents the penalty charged for delinquency, this amount is calculated by Stearns County. - Represents the total assessment prvncipal outstanding Represents outstanding invoices with the City for Engineering, legal, Weed Cutting and interest charges s Represents the current shortfall in the bond fund. This number does not include deliquent interest and penalty and can only be fina#ized when a payment date has been established. The assessment principal income outstanding at Stearns County is $ 63,808.05, interest and penalty will be added, however the fund has a shortfall of $ 4,530.65 that needs to be covered first. Z `O O Q Z N Z v +~ ' ,~_ ~ . ~a 'i - s D'0 ~ ~ , J R t /,».. 4f~, -.` . y. ,X ', i ~j ~ ..~~. i,\ 1 ~\ ~' o: o. N ' d 3 ~. ~' ~ ' ~ .. ? i- , \ ' :8' ~8 r5 ~I'' ,~ I I h ~° ~ 1. ,' a= ~ S ' t 1 r h ~ ~ ~~I Z e3 'ui~ ~ fi i ~._ ~ 1p ~ ~ ~b~ 8 8 Y y - ~ t~~j ~ = , .. ~_ L __ -_7_ - _ -- - ~ w i ~ - ~ ~ _ ---- - - --~ --- ~ - - r- ~I ,N ~ ~ ., vii n.. .sa e. ni ~oj i 6-C aER .~ T T i ~ R 8 ~ r s r'' ~ St 71f¢~ iR6~3 LE 3R 3'- i I 1 ---_ - --- --- -- -- - ~ 4 ! 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