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HomeMy WebLinkAbout05-025 - ADMIN Resolution - City Council - 2005/02/07RESOLUTION NO. 05-025 RESOLUTION AUTHORIZING INSTALLATION AND SPECIAL ASSESSMENT OF FIRE SPRINKLER SYSTEM AT 3424 Wooddale Avenue, St. Louis Park, MN 55426 WHEREAS, , the Property Owners at 3424 Wooddale Avenue have petitioned the City of St. Louis Park to authonze a special assessment for the installation of a fire spnnkler system in the office building at 3424 Wooddale Avenue; and WHEREAS, the Property Owner has agreed to waive their right to a public heanng, nght of notice and right of appeal pursuant to Minnesota Statute, Chapter 429, and WHEREAS, the City Council of the City of St. Louis Park has received a report from the Fire Marshal related to the installation of the fire sprinkler system NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of St. Louis Park, Minnesota, that: 1. The petition from the Property Owner requesting the approval and special assessment for the fire sprinkler system is hereby accepted 2. The installation of the fire spnnkler system in conformance with the plans and specifications approved by the Fire Department and Department of Inspections is hereby authorized. 3. The total estimated cost for the design and complete installation of the fire sprinkler system is accepted at $58,583.00. 4. An administrative fee of $293 00 for processing shall be added to the special assessment. 5 The total special assessment against the property will be $58,876.00. 6. The Property Owners have agreed to waive their rights to a public hearing, notice and appeal from the special assessment; whether provided by Minnesota Statutes, Chapter 429, or by other statutes, or by ordinance, City Charter, the constitution, or common law. 7. The Property Owners agree to pay the City for the cost of the above improvements through special assessment over a ten (10) year period at five point six five percent (5.65%) interest. 8. The Property Owners agree to execute an agreement with the City and any other documents necessary to implement the installation of the fire spnnkler system and the special assessment of all costs associated therewith. Resolution No. 05-025 -2- I Rev e ed for Administration: City Attest: Adopted by the City Council February 7, 2005 L..._ 9f6(4,.. t May,