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HomeMy WebLinkAbout5.D.2. Agreement for Sanitary Sewer & Water Improvements S. D. :L , CITY OF SHAKO PEE Memorandum TO: Mayor & City Council CONSEr~T Mark McNeill, City Administrator FROM: Bruce Loney, Public Works Director SUBJECT: Approval of Agreement for Sanitary Sewer and Water Improvements Between City of Shakopee and Park Place Storage Condominiums DATE: August 19, 2008 INTRODUCTION: Attached is an agreement regarding sanitary sewer and water improvements and future assessments, as prepared by Kennedy & Graven, between the City and Park Place Storage Condominiums, Inc. BACKGROUND: A storage condominium land use proposal known as Minnesota River Valley Industrial Park has been approved by Scott County and Jackson Township. This area is in a future urban reserve area, per the County's plan. Attached is a location map showing the site in relation to the City's west city limit line. One of the requirements from the platting review is for the developer to plan for future sanitary sewer and water improvements and to enter into an agreement with the City of Shakopee for these improvements and waive their right to appeal assessments up to $250,000.00. The agreement prepared by Kennedy & Graven does address the future City utility improvements and assessment amount of $250,000.00 that could not be appealed. This agreement would be recorded on the property so future land owners would be aware of future improvements. The developer has agreed to pay 50% of the cost of the legal agreement as wel1. This item was a condition required by the County in conjunction with the platting and does provide the City with some protection of assessment appeals in the future. The actual timing of the improvements could be years and the cost of improvements could rise above the estimated $250,000.00 amount in the agreement. Nevertheless, it does provide the City with protection to a certain dollar amount that cannot be appealed in the future. ALTERNATIVES: 1. Authorize the appropriate City Officials to execute the agreement between the City of Shakopee and Park Place Storage Condominiums, Inc. for sanitary sewer and water improvements. 2. Do not authorize agreement. 3. Table for additional information. RECOMMENDATION: Staff recommends Alternative No.1. ACTION REOUESTED: Authorize the appropriate City Officials to execute the agreement between the City of Shakopee and Park Place Storage Condominiums, Inc. for sanitary sewer and water improvements. ~~ Public Works Director BUpmp ENGRf2008-PROJECTS-2008-COUNClLIPARK-PLACE-STORAGE-AGREEMENT Carver .. .~~4!4 .... w " ". ..,.", TH 12 :t,CEOARTERR 4.ELWoonTERR. ~.FERNLJljreRR. Jorgensen/Minnesota River Valley EXHIBIT A N Exhibit A Location Map A Industrial Park EA W LOCA TION OF PROJECT Drawn By: Seo" county rStott , ,~ ., '.m ,no ,..., eo. Date:64:7.fJ7 (this space reserved for recording purposes) AGREEMENT REGARDING SANITARY SEWER AND WATER IMPROVEMENTS This Agreement is entered into this _ day of , 2008 between Park Place Storage Condominiums, Inc., a Minnesota corporation ("Park Place") and the City of Shakopee, a Minnesota municipal corporation ("City"). RECITALS A. Park Place is the owner of the Property legally described in attached Exhibit A in Jackson Township, Minnesota ("Property"). B. Jackson Township is adjacent to the City. C. Park Place is subdividing the Property into several lots, will develop a portion of the Property as storage condominiums, and will make the remainder available for development for such uses as allowed by applicable ordinances, laws and regulations. The subdivision and development of the Property is referred to as the "Project." D. Currently Scott County ("County") has jurisdiction over the Project and is processing all required land use approvals for the Project. E. The Property will be served by wells and a septic system because the City has not extended sanitary sewer and water services ("City Services") to a location where it is feasible to extend the City Services to the Property at this time. F. The County is requiring that as a condition of the land use approvals required for the Project, that the City and Park Place enter into an agreement to ensure 324919v5 SJS SH155-155 1 that the extension of City Services to the property will not be hindered in the future by Park Place or the Project. G. Park Place and the City desire and intend that at such time as the City decides to extend the City Services to serve the Property that such extension proceed as a public improvement project ("Public Improvement Project") and it will not be hindered by Park Place or the Project. NOW THEREFORE, in consideration of the mutual promises and covenants contained in this Agreement, the City and Park Place agree as follows: 1. The Recitals set forth above are true and correct and are incorporated into this Agreement. 2. In connection with the Public Improvement Project, the City or another entity, may install, or need to install the City Services that serve, or are capable of serving the Property or property adjacent to the Property. The obligation of Park Place to pay the costs of the Public Improvement Project, as provided below, shall mean paying for the cost of the City Services installed which actually serve the Property or are within the area of the Property. With respect to any City Services that are within the area of the Property, Park Place shall only be obligated to pay these costs if they are uniformly applied by the City with respect to other properties that are also served by the facilities, in accordance with City policy. 3. The amount to be paid by Park Place for the Public Improvement Project shall include only the actual costs thereof, but shall include any design and administrative expenses charged in accordance with the then current policy and practice of City with respect to such projects, and shall be for the City Services serving the area of the Property only. 4. The estimated cost of Park Place's portion of the Public Improvement Project, including design and administrative expenses, is not expected to exceed $250,000. 5. In the event that the City decides to undertake the Public Improvement Project, Park Place agrees to reimburse the City for Park Place's portion of the Public Improvement Project costs up to a maximum amount of $250,000. Upon substantial completion of the Public Improvement Project, the City shall invoice Park Place for the actual amount. Park Place shall remit full payment to the City within thirty days of the date of the invoice. 6. If Park Place fails to pay the amount due within thirty days of the date of the invoice, the City may levy a special assessment on the Property. The estimated amount of the special assessment which would be levied against the Property is $250,000. The terms of the special assessment with respect to term and interest shall be in accordance with City policy then in effect and as applied to substantially similar public improvement projects by City. 324919v5 SJS SH155-155 2 7. If the special assessment is levied on the Property, Park Place waives and all rights to appeal or otherwise contest or challenge the levying of the special assessment up to a maximum of $250,000 against the Property, including, but not limited to, the right to challenge whether the increase in fair market value resulting from the Project is at least equal to the amount that is being assessed against the Property. and that such increase in fair market value is a special benefit to the Property. Park Place further agrees that any requirements of Minnesota Statutes Chapter 429 with respect to the adoption or levying of the special assessment are waived to the extent that those requirements are not met. Notwithstanding the foregoing, Park Place does not waive the right to enforce the terms and conditions of this Agreement. 8. The covenants, waivers and agreements contained in this Agreement shall run with the Property and shall bind the successors and assigns of Park Place. This Agreement shall be recorded in the real estate records of Scott County, Minnesota. 9. If Park Place violates any of the covenants and agreements contained in this Agreement which are to be performed by Park Place, the City shall have the option to commence an action for monetary damages or specific performance against Park Place, and Park Place agrees that the City shall be entitled to its administrative costs, legal costs and reasonable attorneys' fees incurred in connection with that action. 10. Any notices permitted or required to be given or made pursuant to this Agreement shall be delivered personally or mailed by United States Mail to the addresses hereinafter set forth by certified or registered mail. Such notices, demand or payment shall be deemed timely given or made when delivered personally or when deposited in the United States Mail in accordance with the above. Addresses of the parties hereto are as follows: If to the City: City Administrator City Hall 129 Holmes Street South Shakopee, MN 55379 If to Park Place: Park Place Storage Condominiums, LLC 6415 County Road 19 Corcoran, MN 55357 Attn: Paul Jorgensen 324919v5 SJS SH155-155 3 IN WITNESS WHEREOF, the parties have hereunto set their hands the day and year first above written. CITY OF SHAKOPEE By: John Schmitt Its: Mayor By: Mark McNeill Its: City Administrator By: Judith S. Cox Its: City Clerk STATE OF MINNESOTA ) ) ss COUNTY OF SCOTT ) The foregoing instrument was acknowledged before me this day of , 2008 by John Schmitt, the Mayor of the City of Shakopee, Minnesota, on behalf of said city. Notary Public 324919v5 SJS SH155-155 4 STATE OF MINNESOTA ) ) ss COUNTY OF SCOTT ) The foregoing instrument was acknowledged before me this day of , 2008 by Mark McNeill, the City Administrator of the City of Shakopee, Minnesota, on behalf of said city. Notary Public STATE OF MINNESOTA ) ) ss COUNTY OF SCOTT ) The foregoing instrument was acknowledged before me this day of ,2008 by Judith S. Cox, the City Clerk of the City of Shako pee, Minnesota, on behalf of said city. Notary Public 324919v5 SJS SH155-155 5 PARK PLACE STORAGE CONDOMINIUMS, INC. By: Its: STATE OF MINNESOTA ) ) ss COUNTY OF ) The foregoing instrument was acknowledged before me this _ day of . 2008 by . the of Park Place Storage Condominiums~ Inc.~ a Minnesota corporation, on behalf of the corporation. Notary Public This document drafted by: Kennedy & Graven, Chartered 470 U.S. Bank Plaza 200 South Sixth Street Minneapolis, MN 55402 324919v5 SJS SHl55-155 6