HomeMy WebLinkAbout17-151 - ADMIN Resolution - City Council - 2017/10/02RESOLUTION NO. 17-151
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 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, 2017.
NOW THEREFORE BE IT RESOLVED by the City Council of the City of St. Louis
Park as follows:
1. The 2018 Budget for Special Service District No. 5 of $29,900 is hereby approved
as recommended by the Special Service District No. 5 Property Owners.
The authorized 2018 Service Charge for Special Service District No. 5 is $26,900
ina am unts and against the properties specified on Attachment "A" attached to this Resolution.
by the City Council October 2, 2017
Manager
Attest:
Meliss Kennedy Cify Clerk
Resolution No. 17-151
CITY OF ST. LOUIS PARK
Special Service District #5
Estimated Annual Cost Per Parcel
Proposed 2018 Service Charge
PID No. Address
04-117-21-31-0019 1500 Park Place Blvd
30-029-24-33-0031 1600 West End Blvd
04-117-21-34-0046 1620 Park Place Blvd
04-117-21-34-0045
04-117-21-34-0044
04-117-21-34-0049
30-029-24-32-0022
30-029-24-32-0026
30-029-24-33-0011
30-029-24-33-0015
04-117-21-34-0043
04-117-21-34-0050
04-117-21-31-0018
04-117-21-34-0047
Notes:
1650 Park Place Blvd
1690 Park Place Blvd
1700 Park Place Blvd
532016th St. W.
5353 Wayzata Blvd
5401 Gamble Dr
5402 Parkdale Dr
5600 Cedar Lake Rd
560116th St W
5657 Wayzata Blvd
569916th St W
Business
Doubletree Hotel
Shops at West End
Inland Real Estate Corp
Inland Real Estate Corp
James & Patricia Ostend
Costco Wholesale
Cub Foods
Bellwether Enterprise RE Cap
The Excelsior Group
The Excelsior Group
Inland Real Estate Corp
Inland Ryan LLC
KK Corporation
Inland Real Estate Corp
Attachment A
Proposed Actual Actual
2018 2017 2016
Service Charge Service Charge Service Charge
$4,713
$5,026
$4,234
$4,656
$2,715
$2,287
$1,070
$882
$743
$1,261
$973
$820
$949
$792
$667
$839
$694
$584
$1,879
$792
$667
$1,936
$1,753
$1,477
$3,384
$1,550
$1,305
$1,143
$2,801
$2,360
$2,178
$1,799
$1,515
$816
$679
$572
$1,005
$856
$721
$1,072
$886
$746
$26,900
$22,198
$18,698
1) The proposed 2018 service charge calculations are based upon the same methodology / formulas used for the initial service charge
collection. In 2017 the front footage# where adjusted using the new Hennepin County GIS parcel information.
a) All services charges are based on the property's front footage.
2) The 2018 proposed budget is $29,900, an increase of $1,402 from 2017.
3) The 2018 proposed service charge includes a transfer of approximately $3,000 from reserves to lower the service charge and maintain
a proper fund balance.