HomeMy WebLinkAbout16-134 - ADMIN Resolution - City Council - 2016/10/17RESOLUTION NO. 16-134
RESOLUTION APPROVING 2017 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 Resolution No. 09-021, the City Council is authorized to impose
service charges within the District on a multi-year basis through and including the year 2019 for
taxes payable in 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 Price 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
December 1, 2016.
NOW THEREFORE BE IT RESOLVED by the City Council of the City of St. Louis
Park as follows:
1. The 2017 Budget for Special Service District No. 5 of $28,498 is hereby approved
as recommended by the Special Service District No. 5 Property Owners.
2. The authorized 2017 Service Charge for Special Service District No. 5 is $22,198
in he ounts and against the properties specified on Attachment "A" attached to this Resolution.
the City Council October 17, 2016
Thomas K. $arnfeting, City Manager
Attest:
Melissa Kennedy, ity Clerk
Resolution No. 16-134
CITY OF ST. LOUIS PARK
Special Service District #5
Estimated Annual Cost Per Parcel
Proposed 2017 Service Charge
AttachmentA
Notes:
1) The proposed 2017 service charge calculations are based upon the same methodology / formulas used for the initial service
charge collection.
a) All services charges are based on the propenys front footage.
2) The 2017 proposed budget is $28,498, an increase of $1,300 from 2016.
3) The 2017 proposed service charge includes atransfer of approximately $6,000 from reserves to lower the service charge and
maintain a proper fund balance.
Proposed
Actual
Actual
PID No.
Address
Business
2017
2016
2015
Service Charge
Service Charge
Service Charge
04-117-21-31-0019
1500 Park Place Blvd
Doubletree Hotel
$5,026
$4,234
$4,234
30-029-24-33-0031
1600 West End Blvd.
Shops at West End
$2,715
$2.287
$2,287
04-117-21-34-0046
1620 Park Place Blvd
Inland Real Estate Corp
$882
$743
$743
04-117-21-34-0045
1650 Park Place Blvd
Inland Real Estate Corp
$973
$820
$820
04-117-21-34-0044
1690 Park Place Blvd
James & Patricia Oslund
$792
$667
$667
04-117-21-34-0049
1700 Park Place Blvd
Costco Wholesale
$694
$584
$584
30-029-24-32-0022
532016th St. W.
Cub Foods
$792
$667
$667
30-029-24-32-0026
5353 Wayzata Blvd
Bellwether Enterprise RE Cap
$1,753
$1,477
$1,477
30-029-24-33-0011
5401 Gamble or
The Excelsior Group
$1,550
$1,305
$1,305
30-029-24-33-0015
5402 Parkdale or
The Excelsior Group
$2,801
$2,360
$2,360
04-117-21-34-0043
5600 Cedar Lake Rd
Inland Real Estate Corp
$1,799
$1,515
$1,515
04-117-21-34-0050
560116th St W
Inland Ryan LLC
$679
$572
$572
04-117-21-31-0018
5657 Wayzata Blvd
KK Corporation
$856
$721
$721
04-117-21-34-0047
569916th St W
Inland Real Estate Corp
$886
$746
$746
$22,198
$18,698
$18,698
Notes:
1) The proposed 2017 service charge calculations are based upon the same methodology / formulas used for the initial service
charge collection.
a) All services charges are based on the propenys front footage.
2) The 2017 proposed budget is $28,498, an increase of $1,300 from 2016.
3) The 2017 proposed service charge includes atransfer of approximately $6,000 from reserves to lower the service charge and
maintain a proper fund balance.