2020 champlin heights garfield avenue assessment
play

2020 Champlin Heights/Garfield Avenue Assessment Informational - PowerPoint PPT Presentation

2020 Champlin Heights/Garfield Avenue Assessment Informational Meeting CITY PROJECT 22001 SEPTEMBER 9, 2020 1 Agenda: Project Location Project Improvements Before and After Pictures Remaining Work Project Costs and Funding Assessments


  1. 2020 Champlin Heights/Garfield Avenue Assessment Informational Meeting CITY PROJECT 22001 SEPTEMBER 9, 2020 1

  2. Agenda: Project Location Project Improvements Before and After Pictures Remaining Work Project Costs and Funding Assessments Payment Methods Questions? 2

  3. Project Location • Belle Aire Dr • Sunrise Ln • Parkview Ln 129 th Ave • • Circle Dr • Pilgrim Ln • Garfield Ave 96 parcels affected 3

  4. Project Improvements • Street Reconstruction • New curb and gutter • New concrete driveway aprons • New lateral watermain and services • Storm sewer improvements • Sanitary sewer improvements • Sanitary sewer service replacements (elective) • New street lighting • New mailboxes 4

  5. Before and After Pictures Belle Aire Dr Before Belle Aire Dr After 5

  6. Before and After Pictures Parkview Ln Before Parkview Ln After 6

  7. Before and After Pictures Garfield Avenue Before Garfield Avenue After 7

  8. Remaining Work • Project is substantially complete with utility work done, streets paved, and sod placed • Street Lighting installation – starting this week • Punchlist items – restoration, cleanup, miscellaneous items, etc. 8

  9. Project Costs and Funding Improvement Description Special Assessments City Funds Total Street, Utility, and Lighting $1,631,763 $1,370,295 $3,002,508 Improvements Sanitary Sewer Service $118,442 $0.00 $118,442 Replacement (elective) Water TSS Fee ($3700) $129,500 $0.00 $129,500 TOTAL $1,879,705 $1,370,295 $3,250,000 9

  10. Project Funding Sources Funding Source Total Assessments to benefitting properties $1,879,705 Capital Improvement Revolving Fund $1,053,530 Storm Water Revenue Fund $119,595 Water Revenue Fund $97,374 Sewer Revenue Fund $84,576 Street Light Revenue Fund $144,720 Anoka Municipal Utilities $110,000 TOTAL $3,360,000 10

  11. Assessments Street reconstruction, utilities, and lighting assessments are based on special benefit reports received by the City and the City’s typical lot fee rates and assessment policy Assessment rates vary by property type and improvement: • Single Family with existing watermain: $9,000/lot • Duplex with existing watermain: $10,500/lot • Single Family with new watermain: $16,153/lot • Duplex with new watermain: $27,000/lot • Single Family with new watermain and sewer: $22,095/lot • Removed individual draintile assessment rate Elective assessments (based on property owner option) • Sanitary Sewer Service Replacement: $2,451/lot • Water TSS Connection Fee: $3,700/lot 11

  12. Payment Methods (see letter) Payment Terms: • 20 years • 4.25% interest • Payments start in 2021 Option 1: • Pre-pay full assessment amount without interest to the City by end of day November 18, 2020 Option 2: • Pay assessment with property taxes over a 20-year period at 4.25% interest starting in 2021 • First years interest is from November 1, 2020 thru December 31, 2021 Pay remaining balance by November 15 th in any subsequent year • • No partial payments allowed Senior Citizen and Handicapped Deferred Assessment Program 12

  13. Amortization Tables Available on City website under project name: https://ci. champlin .mn.us/wp-content/uploads/2020/09/Amortization-Tables-.pdf 13

  14. Assessments Appeals • Assessment process follows Minnesota Statute Chapter 429 – Public Improvements • Notice of objection must be presented in writing and signed by the property owner prior to or at the hearing on September 14, 2020 • Serve notice of appeal to Mayor or City Clerk within 30 days after adoption of assessments • File notice of appeal with Hennepin County District Court within 10 days after serving notice to the City • After the assessment roll is adopted, and before assessments are certified to the County (by November 30 th ), the City will mail updated notices to affected property owners with the assessment amounts and new interest rate 14

  15. 15

  16. 16

  17. Questions? 17

Download Presentation
Download Policy: The content available on the website is offered to you 'AS IS' for your personal information and use only. It cannot be commercialized, licensed, or distributed on other websites without prior consent from the author. To download a presentation, simply click this link. If you encounter any difficulties during the download process, it's possible that the publisher has removed the file from their server.

Recommend


More recommend