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06/09/09
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06/09/09
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Last modified
5/21/2025 2:29:49 PM
Creation date
6/4/2009 11:17:18 AM
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Meetings
Meeting Document Type
Agenda
Document Title
Housing and Redevelopment Authority
Document Date
06/09/2009
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<br />Cctse M;L <br /> <br />AUTHORIZING AN APPLICATION TO ANOKA COUNTY FOR ABATEMENT OF SPECIAL <br />ASSESSMENTS ON RAMSEY TOWN CENTER FORECLOSED PARCELS <br />By: Amber G. Miller, Community Development Director <br />Diana Lund, Finance Officer <br /> <br />Background: <br /> <br />On May 26, 2009 the Anoka County Board authorized a person within the property tax division to handle <br />the abatement of the Ramsey Town Center special assessments. This authorization allows the City to abate <br />the special assessments if and only if the Ramsey Town Center land purchase, on the proposed date of June <br />26,2009, is completed. <br /> <br />As part of the process, the Ramsey Housing and Redevelopment .Authority (HRA) as purchaser of the <br />property will be required to complete the County's application for abatement on each parcel affected. <br /> <br />Findings: <br /> <br />Attached you will find twenty applications authorizing abatement. These applications represent the twenty <br />parcels that are foreclosed in the Ramsey Town Center Project area. Each parcel to be abated will include <br />the principal amount of the special assessments and the respective principal and interest applicable to the <br />special assessments through the closing date of June 26, 2009. A summary of the amounts to be abated are <br />shown on the attached resolution. The amount of applicable penalties and interest shown reflects through <br />the period of May 31,2009. This amount will be amended to actual penalties and interest at closing. <br /> <br />STAFF RECOMMENDATION: <br /> <br />Staff recommends adopting Resolution #HRA-09-06-005 Authorizing an Application to Anoka County for <br />the Abatement of Special Assessments Levied Against the Property in Ramsey Town Center that the HRA <br />is Acquiring from Minn West Bank Central. <br /> <br />BOARD ACTION: <br /> <br />Staff recommends adopting Resolution #HRA-09-06-005 Authorizing an Application to Anoka County for <br />.the Abatement of Special Assessments Levied Against the Property in Ramsey Town Center that the HRA <br />is Acquiring from Minn West Bank Central. <br /> <br />Reviewed by: <br />City Administrator <br />City Attorney <br />Thomas Bray <br /> <br />}(t;~O <br /> <br /> <br />f <br /> <br />HRA: 06/09/09 <br /> <br />Attachments: <br />Attachment A: Proposed Resolution HRA-09-06-005 <br />Attachment B: Applications for Abatement <br />
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