HomeMy WebLinkAbout15.C.2. Adopt Assessments for Dean Lakes Improvements, 2004-4-Res. No. 6132
IS. C. L f
CITY OF SHAKOPEE
Memorandum CONSENT
TO: Mayor & City Council
Mark McNeill, City Administrator
FROM: Bruce Loney, Public Works Director
SUBJECT: Assessment Hearing for Dean Lakes Improvements,
Project No. 2004-4
DATE: October 19,2004
INTRODUCTION:
Attached is Resolution No. 6132, a resolution which adopts the assessment for the above
referenced project.
BACKGROUND:
This project has essentially been completed and all project costs identified. The final
project cost is projected to be $3,210,100.86, which consists of construction costs and
engineering/administration costs. A breakdown of the project costs is attached and as
follows:
Description Amount Description Amount
Costs to Date $2,635,617.43 Construction $2,654,954.91
Future Costs $ 574,483.44 Admin.lEngr. $ 555,145.95
TOTAL PROJECT $3,210,100.86 $3,210.100.86
COSTS
The assessment roll is attached for Council review with assessments to parcels in Dean
Lakes, as requested by the developer. Since this project is 100% assessed, no public
hearing is required and the Council needs. to adopt the assessments. The financing has
been set up to assess the project in 2004 before all the improvements are completed and
the assessment term is 20 years, as per the master developer's agreement.
ALTERNATIVES:
1. Adopt Resolution No. 6132.
2. Deny Resolution No. 6132.
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3. Table Resolution No. 6132 for specific reasons.
RECOMMENDATION:
Staff recommends Alternative No. 1.
ACTION REQUESTED:
Offer Resolution No. 6132, A Resolution Adopting Assessments for Dean Lakes
Improvements, Project No. 2004-4 and move its adoption.
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ENGR/2003PROJECT/DEANLAKESIWORD/MEM6132
RESOLUTION NO. 6132
A Resolution Adopting Assessments
For The Dean Lakes Improvements
Project No. 2004-4
WHEREAS, pursuant to proper notice duly given as required by law, the City Council of
the City of Shako pee met and heard and passed upon all objections to the proposed assessments of:
Dean Lakes Boulevard, Dean Lakes Trail, Coneflower Lane within the plat of Dean
Lakes by installation of sanitary sewer, watermain, storm sewer, concrete sidewalk,
bituminous trail; and sanitary sewer and watermain between Highway 169 and Dean Lakes
Boulevard; and storm sewer extensions to stormwater ponds and any appurtenant work
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
SHAKOPEE, MINNESOTA:
1. That such proposed assessment together with any amendments thereof, 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 herein and each tract therein included is hereby found to be
benefitted by the proposed improvements in the amount of the assessments levied against it.
2. Such assessments shall be payable in equal annual installments extending over a period
of twenty years, the first installment to be payable on or before the first Monday in January, 2005,
and shall bear interest at the rate of 5.25 percent per annum from the date of the adoption of this
assessment resolution. To the first installment shall be added the interest on the entire assessment
from the date of this resolution until December 31,2005 and to each subsequent installment when
due shall be added the interest for one year on all unpaid installments.
3. The owner of any, property so assessed may, at any time prior to certification of the
assessment to the County Auditor, pay the whole of the assessment on such property, with interest
accrued to the date of payment, to the City Treasurer, except that no interest shall be charged if the
entire assessment is paid within thirty (30) days from the adoption of this resolution; the owner
may thereafter pay to the County Treasurer the installment and interest in process of collection on
the current tax list, and may pay the remaining principal balance of the assessment to the City
Treasurer.
4. The Clerk shall file the assessment rolls pertaining to this assessment in her office and
shall certify annually to the County Auditor on or before November 30th of each year the total
amount of installments and interest on assessments on each parcel of land which are to become due
in the following year.
Adopted in session of the City Council of the City of
Shakopee, Minnesota, held this day of , 2004.
Mayor of the City of Shakopee
ATTEST:
City Clerk
WEST DEAN LAKES
ASSESSMENTS
Up to date Costs
CONSTRUCTION COSTS $ 2,244,890.53
SUPPLIES $ 2,871.39
PROFESSIONAL SERVICES $ 401,669.44
TELEPHONE $ 667.09
PRINTING $ 518.98
TOTAL $ 2,650,617.43
Future Costs
CONSTRUCTION COSTS $ 410,064.38
SPUC INSPECTION COSTS $ 10,000.00
ENGINEERING COSTS $ 30,000.00
INSTANT TESTING $ 5,798.06
AS-BUlL TS $ 16,000.00
STREET LIGHTING COSTS $ 87,000.00
TELEPHONE $ 400.00
COUNTY CHARGES $ 221.00
TOTAL $ 559,483.44
I $3,210,100.861
WE;'::']' DU\ LAKES A:32E:3:3\lE\T,"! P,\G[ 1 OF' 1 10 I~) ~O(),I
ASSESSMENT ROLL
CITY OF SHAKO PEE
DEAN LAKES DEVELOPMENT
PID LEGAL DESCRIPTION ASSESSMENT.CITY
PROJECT 2004-4
27-371311-0 SECT-09 TWP-115 RNG-022 $ 1,027,232.28
27-371317-0 SECT-09 TWP-115 RNG-022 $ 545,717.15
27-371321-0 SECT-09 TWP-115 RNG-022 $ 577,818.15
27-374001-0 LOT 1, BLK 1 $ 98,229.09
DEAN LAKES 2ND ADDN
27-374002-0 LOT 2, BLK 1 $ 94,376.96
DEAN LAKES 2ND ADDN
27-374003-0 LOT 1, BLK 2 $ 56,497.77
DEAN LAKES 2ND ADDN
27-374004-0 LOT 2, BLK 2 $ 33,385.05
DEAN LAKES 2ND ADDN
27-374005-0 LOT 3, BLK 2 $ 35,953.13
DEAN LAKES 2ND ADDN
27-374006-0 LOT 4, BLK 2 $ 38,521.21
DEAN LAKES 2ND ADDN
27-374007-0 LOT 5, BLK 2 $ 33,385.05
DEAN LAKES 2ND ADDN
27-374008-0 LOT 6, BLK 2 $ 59,065.86
DEAN LAKES 2ND ADDN
27-374009-0 LOT 1, BLK 3 $ 128,083.02
DEAN LAKES 2ND ADDN
27-374010-0 OUTLOT A $ 481,836.14
DEAN LAKES 2ND ADDN
TOTAL = $ 3,210,100.86