HomeMy WebLinkAbout[10a] Assessment Reallocation srIALA.i'
CITY oF ST- Jos ru Council Agenda Item 10(a)
MEETING DATE: November 4, 2010
AGENDA ITEM: Assessment Re- allocation, Arcon Development
SUBMITTED BY: Administration
BOARD /COMMISSION /COMMITTEE RECOMMENDATION: N/A
PREVIOUS COUNCIL ACTION: In 2007 the City completed the Jade Road Improvements which
extended utilities to the Arcon property and to Kennedy School. The improvements were financed with
a five year bond with revenue sources to include assessments and a levy for the transportation study
portion of the debt.
BACKGROUND INFORMATION: When the assessment was levied against the Arcon property, the
property was already preliminary platted into a number of outlots. The assessments were divided
proportionally on by acre. As of October 15, 2010 Arcon has paid for three years of the five year
assessment.
The Rivers Bend Plat 2 consists of 6.64 acres of Outlot G which contains 70 acres. The recent land
transaction has raised concern about the outstanding assessment on Outlot G. Since Tess that 10
percent of Outlot G is being sold, Arcon is requesting to leave the assessment on the large tract of
Outlot G that will be retained by Arcon. The balance of the assessment on outlot G is $ 126,238.54.
The City has done this before with Leo Buettner and Mark Zimmer with the La Playette Plat. In both of
these cases the assessment was not required to be paid upon selling of a portion of land. Since this is a
reallocation to a parcel, the City Council must approve such. In talking to Tom Jovanovich the City
Council needs to authorize the Administrator to direct the County to leave the assessment balance on
Outlot G in the amount of the current balance.
For your information : have attached the summary of assessment certified, paid in 2010 and balance
left. The assessment has two years left .
BUDGET /FISCAL IMPACT:
ATTACHMENTS:
Request for Council Action 10(a):1 -2
Assessment Balances 10(a):3 -4
REQUESTED COUNCIL ACTION: Authorize the City Administrator to notify Stearns County to leave the
assessment in the current terms on outlot g in the amount of $ 126,238.54
10(a):1
O h 01 LO 0 d• 01 ri O 00 00 V' 0
N N 0 c--I 01 1.11 01 00 00 Lf1 ri M Lf1 .4.
c w r r M Lfl 0 00 00 LO rl LO LO h l0 Lfl 00
•= V O N l0 ri O r M N r I M N cr r-1 a1
• O N 0 Cr 00 Cr N N Cr) N l0 01 01 M
MI CO L 1 ri h M lfl O1 O 00 M
E 00 = ri N � r 0
i l0
CC M
if? V? V? V? V? If? V? V? V? V? V? V? V? V?
O ri O N U1 00 Lf1 00 l0 m et CD d' ri
r•1
O Cr) Ol N N h t\ N 01 l0 O ri rI 01
. N r-I 01 N h N N i r M ri 00 LO LO I-1 01
L 01 M N Cr 00 "d`' N N Ct 00
O. •O Lt.) M Ct M ni c5
Lt 00
O ri
0 V? V? V? to to .0. V? V? V? V? V? V? V? V?
Cr) l0 01 M l0 1.. : O 1-1 O 01 00 O M
N 11
e-1 O 1 00 I" 00 LO Cr 'Cr Cr in d: ri
i..1 M 01 N N N N N 01 l0 I O rl ri 01
.42 ° a N h � ri 00 l0 l0 ri M 0
a N O l M 01 N V 00 h N r N h 00 1
d to LLn r`i h m d' M N 000
2 ri
V? in V? V? V? V? V? V? in V? V? V? V? V?
Lf1 00 et M 01 N O h M O Lf1 Ct
,i,, h Ol h O l0 01 00 N 00 M 01 l0 ri O
C 00 .4 N Ct ui N h Lf1 h fn ri 01 4 l0
N h l0 N Lf1 01 O l0 N m in 00 N
o£ h M 00 O1 M co ri ri h in h oo Cr O cri C y d' M ri l0 r.is h 00 0 N N
V�L Ct N M M - Lf1
CC ri
V? V? V? V? V? V? V? V? to V? V? V? V? V?
y Q CO U O LL __ — 01L J g 0
4a i Q o 0 o Q IS Q O O Q Q ++ 15
c o 0
E 0 0 0 0 0 O 0 0 0 0 0 0 0
Q.
0
01
0 uuuuuE.luuuuuuu
J J J J J, a..1 J J J J J J J
'a 1. J J J J J r1
07 O 0 O O 0 4 0 b O 0 0 L1 D b
CO 3 0 A D 0 0 0 A D 0 C C C C C C G C C C C C
L 0 :5 '5 'Q 1 5 =a 5t a =o 'v '5 =5 =5 =5
-0 O O O O O t Q o 0 o Q o 0
ai ,F; = = _ _ = ?� _ _ = = = _ _
2 o w w w w w W W w w w w w W
0
cc cc cc cc 0C Cc " cc cc cc cc cc cc cc •
0 u N 0 N VI Vf VI N N N LA LA O L L L L L L L L L L L L
C N it w LL LL w M LL LL LL LL LL Li LL
E ri
L
0 01 O r-I N m Lfl N 00 O1 0 r-1 N d'
O O O O O O O CD r-1 Ti ri r-I
N E it N N N N N N N N N N N N
N O O O O O O O O O O O O
Q L 01 01 01 01 01 fit' 01 01 01 01 01 01 01
Z Z RI Cr Cr Cr d' Cr Cr Cr Ct et C7 Cr
0 0 0 o f Z 1J1 Lt in in L In L L Lin LLI VI LLn Lfl
Q Q 00 00 0o 00 00 co 0o 0o o0 0o 00 0o 00
10(a):3