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HomeMy WebLinkAbout12-151 - ADMIN Resolution - City Council - 2012/10/15• • RESOLUTION NO. 12-151 RESOLUTION APPROVING 2013 BUDGET AND SERVICE CHARGES FOR SPECIAL SERVICE DISTRICT NO. 5 WHEREAS, pursuant to Ordinance No 2371-09, the City Council created Special Service District No 5 (the "District") The specific properties located within the District are identified on Attachment "A" attached hereto; and WHEREAS, pursuant to Resolutions No 09-021, the City Council is authonzed to impose service charges within the District on a multi-year basis through and including the year 2019 for taxes payable m said year; and WHEREAS, pursuant to Section 2.04 of Resolution No. 09-021, the maximum budget to be imposed in any year will be subject to adjustment calculations based on Consumer Pnce Index (CPI) data for the Minneapolis/St Paul Metropolitan Area; and WHEREAS, pursuant to Section 3 of Resolution No 09-021, 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 21, 2012. NOW THEREFORE BE IT RESOLVED by the City Council of the City of St. Louis Park as follows: 1. The 2013 Budget for Special Service District No. 5 of $27,198 is hereby approved as recommended by the Special Service District No. 5 Advisory Board 2. The authorized 2013 Service Charge for Special Service District No 5 is $18,698 in ounts and against the properties specified on Attachment "A" attached to this Resolution Rev e ,i,• for Administration. 111111111P City Attest Ac`s City Cler 110 Adopted b the City Council October 15, 2012 ger Mayor Resolution No. 12-151 2 CITY OF ST. LOUIS PARK Special Service District #5 Estimated Annual Cost Per Parcel Proposed 2013, Service Charge PID Address 04-117-21-31-0018 04-117-21-31-0019 04-117-21-34-0043 04-117-21-34-0044 04-117-21-34-0045 04-117-21-34-0046 04-117-21-34-0047 04-117-21-34-0049 04-117-21-34-0050 30-029-24-32-0026 30-029-24-33-0011 30-029-24-33-0015 30-029-24-32-0022 30-029-24-33-0031 5611 Wayzata Blvd 1500 Park Place Blvd 5600 Cedar Lake Rd 1690 Park Place Blvd 1650 Park Place Blvd 1620 Park Place Blvd 5699 16th St W 1700 Park Place Blvd 5601 16th St W 5353 Wayzata Blvd 5401 Gamble Dr 5402 Parkdale Dr 5370 16th St W 1600 West End Blvd Owner KK Corporation Doubletree Hotel Inland Real Estate Corp James & Patricia Oslund Inland Real Estate Corp Inland Real Estate Corp Inland Real Estate Corp Costco Wholesale Inland Ryan LLC 5353 Wayzata LLC Parkdale Property LLC Parkdale Property LLC Shops at West End Shops at West End Proposed 2013 Service Charge $721 $4,234 $1,515 $667 $820 $743 $746 $584 $572 $1,477 $1,305 $2,360 $667 $2,287 Attachment A • Proposed 2012 Service Charge $490 $2,875 $1,029 $453 $556 $505 $507 $397 $388 $1,003 $886 $1,603 $453 $1,553 $18,698 $12,698 Notes 1) The proposed 2013 service charge calculations are based upon the same methodology / formulas used for the initial service charge collection 2) The 2013 budget is $27,198 but the service charge is only $18,698 because $8,500 was transferred from reserves to lower the fund balance