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HomeMy WebLinkAbout05-130 - ADMIN Resolution - City Council - 2005/10/10RESOLUTION NO. 05-130 RESOLUTION APPROVING 2006 BUDGET AND SERVICE CHARGES FOR SPECIAL SERVICE DISTRICT No. 3 WHEREAS, pursuant to Ordinance No. 2224-02, the City Council created Special Service District No. 3 (the "District"). The specific properties located within the Distnct are identified on Exhibit "A" attached hereto; and WHEREAS, pursuant to Resolution No. 02-043, the City Council is authonzed to impose service charges within the District on a multi-year basis through and including the year 2012 for taxes payable in said year; and WHEREAS, pursuant to Section 2.04 of Resolution No. 02-043, the maximum service charge to be imposed in any year will be subject to adjustment calculations based on Consumer Price Index (CPI) data for the Minneapolis/St. Paul Metropolitan Area; and WHEREAS, an increase m the annual service charge for 2006 is not proposed and therefore is not subject to the inflation adjustment cap; and WHEREAS, pursuant to Section 3 of Resolution No. 02-043, the Service Charges shall be payable and collected at the same time and in the same manner as provided for payment and collection of ad valorem taxes; and WHEREAS, the City is required by Statute to certify assessments to the County by November 30, 2005. NOW THEREFORE BE IT RESOLVED by the City Council of the City of St. Louis Park as follows. 1 The 2006 Budget for Special Service District No. 3 of $61,500 is hereby approved as recommended by the Special Service District No. 3 Advisory Board. be 2. The authonzed 2006 Service Charge for Special Service District No. 3 is $61,500 with $15,375 charged against the properties specified on Exhibit "A" attached to this Resolution and the balance bemg operating reserves. Revie s or Administration: .ate ger City Attest: ted by the City Council October 10, 2005 s,1;1 Or4( c.e.P4 Resolution No. 05-130 -2- CITY OF ST LOUIS PARK Special Service District No. 3 2006 Budget No. Item 2005 Revised Budget 2006 Proposed Budget 6212 GENERAL SUPPLIES 700 700 6224 LANDSCAPING MATERIALS 2,000 2,000 6410 GENERAL PROFESSIONAL SERVICE 50 50 6410 678 SSD Mgmt Services 2,200 2,500 6630.772 SSD - snow removal 34,500 34,500 6630 773 SSD Site Maintenance 1,000 1,000 6630.774 SSD - Banner install/removal 1,000 1,000 6630 775 . SSD - Irrigation service 4,000 4,000 6630 776 SSD decorative install 2,400 2,400 6630.777 SSD - Landscape service 11,026 10,798 6950 LEGAL NOTICES 110 110 7106 PUBLIC LIABILITY INSURANCE 214 202 7301 890 SSD pedestrian 2,000 1,940 7302 GARBAGE/REFUSE SERVICE 300 300 TOTAL EXPENDITURES 61,500 61,500 Resolution No. 05-130 -3- CITY OF ST. LOUIS PARK Special Service District #3 Estimated Annual Cost Per Parcel Authorized 2006 Service Charge Address Business Owner Proposed 2006 Service Charge Actual 2005 Service Charge 4911 Exc Blvd Old World Antiques J & F Reddy Rents In 215 429 4907 Exc Blvd Vogue Furniture C/O Carol Lindgren 199 399 4901 Exc Blvd Checks II Claudia Corrigan 211 422 4825 Exc Blvd German Autoworks DW Lindall 236 472 4821 Exc Blvd German Autoworks DW Lindall 232 464 4811 Exc Blvd Latitudes/Laundramat Ralph I Fine 419 838 4801 Exc Blvd Loffhagen Insurance Gordon Loffhagen 482 964 4725 Exc Blvd Excelsior Office Bldg Arnold Feinberg 1,004 2,008 4701 Exc Blvd Steve's Park Amoco Amoco Corp (Tax Dept) 583 1,165 4637 Exc Blvd Jennings Liquor Michael J Jennings 507 1,013 4617 Exc Blvd Flower Fair Michael J Jennings 485 970 4615 Exc Blvd Judith McGrann & Friends Judith McGrann 364 728 4611 Exc Blvd Dilly Lilly T F James Co 456 913 4601 Exc Blvd Park Blvd Office Bldg Park Blvd LLP 911 1,822 4509 Exc Blvd Lang Nelson Office Lang Nelson Assoc 622 1,244 4501 Exc Blvd S & D Cleaners Chi Won Sohn 307 615 4900 Exc Blvd Bally Total Fitness Bally Total Fitness 1,315 2,630 4760 Exc Blvd Outlot H - Vacant SLP EDA 335 670 4730 Exc Blvd Retail/housing Meridian Properties , 2,512 5,024 4630 Exc Blvd Retail/housing Meridian Properties 2,154 4,308 4500 Exc Blvd Retail/housing Excelsior & Grand IV LLC 1,825 3,650 15,375 30,750 Notes: 1 The cost allocation formula used for sidewalk snow removal is based upon the sidewalk area (square footage) o All other costs are based on the front footage 2 The 2006 service charge was $61,500 with 75% ($46,125) being paid from the reserves to lower the fund balanc 3 The 2005 service charge was $61,500 with 50% ($30,750) being paid from the reserves to lower the fund balanc