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HomeMy WebLinkAbout17-188 - ADMIN Resolution - City Council - 2017/12/18RESOLUTION NO. 17-188 RESOLUTION AUTHORIZING SPECIAL ASSESSMENT OF WATER AVAILABILITY CHARGE AND SEWER AVAILABILITY CHARGE 6509 Walker Street, St. Louis Park WHEREAS, Paul Revere Masonic Center LLC, the Property Owner at 6509 Walker Street has petitioned the City of St. Louis Park to authorize a special assessment for the Water Availability Charges (WAC) and Sewer Availability Charges (SAC) for the building on the Benefited Property; and WHEREAS, the Property Owner has agreed to waive their right to a public hearing, right of notice and right of appeal pursuant to Minnesota Statute, Chapter 429 WHEREAS, the Benefitted Property has fourteen (14) units. WHEREAS, the WAC is $750 per unit. WHEREAS, the SAC is $2,485 per unit. NOW THEREFORE BE IT RESOLVED by the City Council of the City of St. Louis Park, Minnesota, that: The petition from the Property Owner requesting the approval and special assessment for WAC and SAC is hereby accepted. 2. The total WAC for all fourteen (14) units will be $10,500. 3. The total SAC for all fourteen (14) units will be $34,790. 4. Property owner shall pay an administrative fee of $30.00 for processing the special assessment, which will be included in the special assessment. 5. The total special assessment against the property for WAC and SAC for all fourteen (14) units and the administrative fee will be $45,320. 6. The Property Owners have agreed to waive their rights to a public hearing, notice and appeal from the special assessment; whether provided by Minnesota Statutes, Chapter 429, or by other statutes, or by ordinance, City Charter, the constitution, or common law. 7. The Property Owners agree to pay the City for the cost of the above improvements through a special assessment over a ten (10) year period at four percent (4.0%) interest. 8. The Property Owners agree to execute an agreement with the City and any other documents necessary to implement the special assessment of WAC and SAC and all �1 costs associated therewith. for *ministration: Aodpted by the City Council December 18, 2017 Manager Attest: Me is a Kenne y, City'Clerk