Agenda - Council - 02/22/2005 - Laserfiche WebLink

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Councihnember . ~ ;: '. i~introduced the following resolution and moved for its adoption: RESOLUTiOr 0S-02 CITY OF RAMSEY ANOKA COUNTY, MINNESOTA RESOLUTION ADOPTING ASSESSME: NTS FOR THE RAMSEY TOWN CENTER ADDITION RAMSEY TOWN CENTER pARKING FACILITIES IMPROVEMENT. WHEREAS, pursuant to proper notice duly given as required by law, the City Council has met and heard and passed Upon:all ObjectiOns to the proposed assessment for the Ramsey Town Center Parking Facilities ImprOVements (the "Improvement"). The hnprovement is further identified in that certain Master Development Agreement between the. City i of ~amsey and Ramsey Town Center, LLC dated September 17, 2003, a c~Y of which is i>n file for public inspection at the City of Ramsey Municipal Center, 15153 Nowthen Boulevard NW, Ramsey, Minnesota during normal business hours. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF RAMSEY, MINNESOTA: 1. Such proposed assessment, a coPy of which is attached hereto and made a part hereof, is hereby accepted and shall constitute the special assessment against the lands named therein, and each tract of land therein included is hereby found to be benefited by the proposed improvement in the amount of the aSsessment levied against it. 2. The special assessment wili be payable in a single installment, but the City will defer the obligation to pay the specialasses~sment until the earlier of (i) the date ttn'ee years after the date of this Resolution or (ii) the date the City approves a final plat replatting all or a portion o~' the assessed lands. Clause (ii) of the pri:Ceding sentence does not apply to final plats the city approved prior to the date of thiS Res°lution and does not apply to the final plat of RAMSEY TOWN CENTER 5TM ADDITION which has received final plat approval from the City Council but which is being modified and Will: be reapprOved prior to being recorded. [Interest will accrue on the unpaid balance of the de£~rred spe, cial a. ssessment at the rate of 6.3% per am~um.] If assessed lands are replatted, the Special assesgment will be due only with respect to the tax parcel or parcels that include all of a PortiOn o~ the assessed lands that are being replatted and the special assessment will remain deferred for the bhlance of the assessed lands. 3. The owner of any property $o assessed may, at any time prior to certification of the assessment to the County Auditor; :payi the Whole of the assessment on such property, with interest accrued to the date of pa~ent~ to t, he City Finance Officer, except that no interest shall be charged if the entire assessment is,paid iwithi~n 30 days fi'om the adoption of this resolution; and owner may, at any time ther°after, pay tO the City Finance Officer the entire amount of the assessment remaining unpaid, with intereS[ accrUed to December 31 of the year in which such payn~ent is made. Such payment :must be made before November 15 or interest will be charged through December 31 of the next ~i~tcceeding Year.