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HomeMy WebLinkAbout16-132 - ADMIN Resolution - City Council - 2016/10/17RESOLUTION NO. 16-132 RESOLUTION APPROVING 2017 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 District are identified on Attachment "A" attached hereto; and WHEREAS, pursuant to Resolution No. 12-149, the City Council is authorized to impose service charges within the District on a multi-year basis through and including the year 2022 for taxes payable in said year; and WHEREAS, pursuant to Section 2.04 of Resolution No. 12-149, 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. 12-149, 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. 3 of $53,597 is hereby approved as recommended by the Special Service District No. 3 Advisory Board. 2. The authorized 2017 Service Charge for Special Service District No. 3 is $28,600 in th ae r punts and against the properties specified on Attachment "A" attached to this Resolution. by the City Council October 17, 2016 Manager \ Attest: II I O Melis a ennedy, qty Cl rk Resolution No. 16-132 CITY OF ST. LOUIS PARK Special Service District #3 Estimated Annual Cost Per Parcel Proposed 2017 Service Charge PID No. Address Business 06-028-24-43-0191 4500 Exc Blvd Blakely Prop & Chalen LP 07-028-24-12-0047 4501 Exc Blvd Honey & Rye Bakehouse 07-028-24-12-0048 4509 Exc Blvd Lang Nelson Office 07-028-24-12-0049 4601 Exc Blvd Park Blvd Office Bldg 07-028-24-12-0050 4611 Exc Blvd Core Power Yoga 07-028-24-12-0051 4615 Exc Blvd Judith McGrann & Friends 07-028-24-12-0052 4617 Exc Blvd Josephine's Taylors 07-028-24-12-0175 4630. Exc Blvd. Excelsior & Grand, LLC 07-028-24-21-0009 4637 Exc Blvd Jennings Liquor 07-028-24-21-0011 4701 Exc Blvd Excelsior & Grand, LLC 07-028-24-21-0012 4725 Exc Blvd Excelsior Office Bldg. 07-028-24-21-0256 4730 Exc Blvd Excelsior & Grand, LLC 07-028-24-21-0258 4760 Exc Blvd City of St. Louis Park EDA 07-028-24-21-0252 4801 Exc Blvd Loffhagen&Son Insurance 07-028-24-21-0015 4811 Exc Blvd Latitudes/Laundromat/rC Gold & Silver 07-028-24-21-0016 4821 Exc Blvd Eastwood Properties 07-028-24-21-0017 4825 Exc Blvd Eastwood Properties 07-028-24-21-0002 4900 Exc Blvd International Fitness LLC 07-028-24-21-0031 4901 Exc Blvd DMM Holdings 07-028-24-21-0032 4907 Exc Blvd Tique, Inc. 07-028-24-21-0033 4911 Exc Blvd MKT Property LLC Notes: Attachment A Proposed Actual Actual 2017 2016 2015 Service Charge Service Charge Service Charge $2,896 $2,896 $4,555 $603 $603 $910 $1,243 $1,243 $1,871 $1,701 $1,701 $2,592 $846 $846 $1,290 $677 $677 $1,032 $907 $907 $1,382 $4,131 $4,131 $6,262 $931 $931 $1,423 $1,272 $1,272 $1,887 $1,962 $1,962 $2,965 $4,787 $4,787 $7,265 $623 $623 $949 $897 $897 $1,367 $834 $834 $1,256 $434 $434 $661 $446 $446 $679 $2,174 $2,174 $3,390 $419 $419 $631 $406 $406 $609 $411 $411 $624 Totals: $28,600 $28,600 $43,600 The proposed 2017 service charge calculations are based upon the same methodology / formulas used for the initial service charge collection. a) Commercial sidewalk snow removal charges are based on the square foot of sidewalk in front of the property. b) All other services charges are based on the property's front footage. The 2017 proposed budget is $53,597, the same as in 2016. The 2017 proposed service charge includes a transfer of approximately $25,000 from reserves to lower the service charge and maintain a proper fund balance.