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HomeMy WebLinkAboutItem 07November 17, 2014 Item No. RESOLUTION IMPOSING A SERVICE CHARGE FOR SPECIAL SERVICE DISTRICT NO.1 FOR TAXES PAYABLE 2015 Staff recommends adoption of the following motion: Move to approve Resolution Imposing a Service Charge for Special Service District No. 1. Approval of the motion will result in approval of the special service charge for taxes payable 2015. Overview On July 6, 1998, the City Council approved Ordinance 631 establishing a Special Service District No. 1. The Special Service District Advisory Board has requested City Council consideration of levying a special service charge payable in 2015 and approval of the attached budget for the period of July 1, 2015 to June 30, 2016. The allocation of the total service charge to the downtown properties is based on the net tax capacity of the commercial values of the properties in the district. The Special Service District Advisory Board is recommending that the service charge payable remain unchanged ($27,500) consistent with those of prior years. Primary Issues to Consider • Purpose of the public hearing • Budget • Special Service Charge assessment list • Legal considerations Supporting Information • Budget Zcationa• rvice Charge Alloa er, Finance Direct r David Ison, Community/Economic Development Director Financial Impact: $ 27.500 Budgeted: To be determined at Hearing Source: Sp Svc Chq Related Documents (CIP, ERP, etc.): Ordinance Establishing a Special Service District Notes: Primary Issues to Consider • Purpose of the public hearing Minnesota Statute 428A.03 requires that a public hearing must be conducted each calendar year with notices mailed to each business organization subsequent to the service charge. After the public hearing is conducted, and the resolution is adopted, the amounts will be certified to the Dakota County Treasurer/Auditor for collection with taxes payable in 2015. • Budget The proposed budget for period of July 1, 2015 through June 30, 2016 is as follows: Revenues - service charges Current Levy collected Other revenues Net service charges Expenditures Executive Director (Wage/Payroll Tax) Postage/PO Box Rental Office supplies Professional fees (Acctg/Computer) Meeting expenses (Chamber/DLBA Board) Website Flower Pots Brochures/marketing/Advertising Sponsorships Farmers Market Trick or Treat Chamber - DLBA "After Hours" Holiday Lighting Holiday on Main Block Bash Easter Promotional Events (Retail Committee Events) County assessment fee Total expenditures Net change Balance - Beginning Balance - Ending Actual Budget Proposed Fiscal Year Fiscal Year Fiscal Year Ended Ended Ended June, 2014 June, 2015 June, 2016 28,269 27,500 27,500 - 2,500 2,500 28,269 30,000 30,000 9,247 11,250 11,250 56 50 50 362 300 300 503 225 265 157 100 100 4,161 750 350 2,575 2,500 2,500 5,908 1,950 2,360 500 250 750 - 400 400 - 1,000 1,000 - 500 - - 75 75 4,990 5,250 5,250 5,535 5,100 5,100 130 100 100 (389) - - 148 150 150 33,883 29,950 30,000 (5,614) 50 - 13,357 7,743 7,793 7,743 7,793 7,793 • Special Service Charge assessment list Attached is a schedule of the Special Service District by parcel. The Service charge for a specific parcel may vary from year to year as a result of changes to tax classification, assessed market value or changes in value due to property improvements. • Legal considerations The Special Service District is subject to Minnesota Statutes 428A and City of Lakeville Ordinance 631. CITY OF LAKEVILLE Resolution No. RESOLUTION IMPOSING A SERVICE CHARGE FOR SPECIAL SERVICE DISTRICT NO. 1 FOR TAXES PAYABLE 2015 BE IT RESOLVED by the City Council of Lakeville, Minnesota, as follows: SECTION 1. Recitals: Findings 1.01. Pursuant to Ordinance No. 631, the City created a special service district for certain property located adjacent to Holyoke, Holt, and Howland Avenues from 202nd Street West on the north to 210th Street West on the south. The specific properties included within this land area (the "District's are identified on Exhibit "A" attached hereto. 1.02. Notice of a public hearing has been given and a public hearing has been held. SECTION 2. Imposition of Service Charge 2.01. Amount of Service Charge. There amount and against the properties hereto (the "Service Charge'). is hereby imposed a service charge in the specified on Exhibits "A" and "B", attached 2.02. Nature and character of Special Services — Budget. There is hereby approved a budget for Special Service District fiscal year beginning July 1, 2015 through June 30, 2016 as specified on Exhibit "C" a copy of which is attached hereto. 2.03. Multi-year Service Charge. The Service Charge imposed by this resolution is a charge for more than one year. The Service Charge will remain in effect through and including the year 2015 for taxes payable in said year. 2.04. Calculation of Service Charge. The Service Charge shall be calculated as a percentage of the net tax capacity of the taxable property located in the Special Service District. The minimum charge levied against a property owner shall be $100.00 and the maximum charge shall be $6,000.00 per property owner. If the charge that would otherwise be imposed on a property owner is greater than the maximum allowable charge, the overage shall be redistributed against the other parcels in the District based upon net tax capacity. If the charge that would otherwise be imposed on a property owner is less than the $100.00 minimum charge, the charge against other parcels in the District shall be reduced based on net tax capacity. For taxes payable in 2015, the Service Charge will be $27,500.00. 2.05. Distribution of Total Service Charge. The distribution of the total Service Charge among properties within the District and subject to the Service Charge may vary and shall be recalculated pursuant to the formula specified in Section 2.03 if and to the extent that (i) commercial/industrial property tax classification rates increase or decrease based on action by the Minnesota legislature; or (ii) the net tax capacity of a parcel increases or decreases based on changes in the assessed value of the parcel attributable to improvements or changes made to the property; or (iii) a parcel increases or decreases in size by acquisition or sale. SECTION 3. Collection of Service Charges 3.01. Collection. 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. For purposes of determining the appropriate tax rate, taxable property or net tax capacity shall be determined without regard to captured or original net tax capacity under Minnesota Statutes, Section 473F.08. 3.02. Penalty and Interest. Service Charges made payable in the same manner as provided for payment and collection of ad valorem taxes, if not paid on or before the applicable due date, shall be subject to the same penalty and interest as in the case of ad valorem tax amounts not paid by the respective date. 3.03. Due Date. The due date for the Service Charge payable in the same manner as ad valorem taxes is the due date given in law for the real or personal property tax for the property on which the service charge is imposed. Services Charges imposed on net tax capacity which are to become payable in the following year must be certified to the County Auditor by the date provided in Minnesota Statutes, Section 429.061, Subd. 3 for annual certification of special assessment installments. SECTION 4. Revenue Surplus To the extent that the total of Services Charges collected exceed the cost of services rendered within the District, at the election of the City, either: (i) such excess amount shall be held as a reserve to pay the cost of future services provided under this resolution; or (ii) the next ensuing year's levy of taxes and service charges shall be decreased by a corresponding amount. SECTION S. Recording The City may record this Resolution against parcels located within the District and subject to the Service Charge for the purpose of providing notice of the Service Charge to prospective purchasers of such parcels. 2 ADOPTED by the City Council of Lakeville, Minnesota 17"' day of November 2014. ATTEST: Charlene Friedges, City Clerk 3 CITY OF LAKEVILLE 50 Matt Little, Mayor Exhibit A Map of Special Service District No. 1 EXHIBIT B SPECIAL SERVICE DISTRICT - DOWNTOWN Special Service Charge Allocation Market Tax Capacity Special Service PROPERTY Value Value Charge PID # OWNER 2015 2015 2015 22 44450 02 121 Richard/Ann Miller 434,100 7,932 926 22 44450 12 020 20777 LLC 146,300 2,195 256 22 4445012 042 20777 LLC 159,900 2,448 286 306,200 4,643 542 22 02900 78 051 Holyoke Professional Ltd 906,700 17,384 2,029 (22 13700 084 01) 22-47600-01-010 Holyoke CrossingLLC y 1,625,700 32,514 3,795 22-13700-02-081 Holyoke Crossing LLC 135,400 2,708 316 (22-44450-111-13) 22-47600-01-020 oke Crossing former J+J Hold. y g( ) 2,212,800 43,506 5,077 2,212,800 43,506 5,077 22 85100 01 051 Seven Sixty Five LLC (Former J & J Holding Co.) 149,600 2,244 262 22 44450 12 050 Seven Sixty Five LLC (Former J & J 149,600 2,990 349 Holding Co.) 299,200 5,234 611 22 63700 01 040 Lakeville Real Estate Management LLC 56,500 1,130 132 22 63700 01 080 Lakeville Real Estate Management LLC 282,900 5,658 660 22 63700 01 030 Lakeville Real Estate Management LLC 56,000 1,120 131 22 63700 01 020 Lakeville Real Estate Management 282,900 4,908 573 LLC 678,300 12,816 1,496 Gregory J./Nancy Papatola Tste 22 44450 12 044 Smith 238,900 4,028 470 Gregory J./Nancy Papatola Tste 22 44450 12 040 Smith 101,600 2,032 237 340,500 6,060 707 22 85100 01 100 Wells Fargo 804,800 15,346 1,791 22 85100 01 080 Wells Fargo 51,800 777 91 22 85100 01 070 Wells Fargo 45,400 681 80 22 85100 01 020 Wells Fargo 113,800 2,276 266 1,015,800 19,080 2,227 22 13700 02 010 KNS Investments 268,600 4,622 539 PID # 22 44450 10 110 22 85100 01 041 22 85100 01 071 22-44450-10-041 22-44450-10-010 22-44450-10-020 22 44450 10 030 22 44450 10 040 22 85100 01 050 22-32190-00-011 22-32190-01-010 22 44450 07 183 22 44450 06 101 22-47600-02-010 22-4441 b -U 1-U 1 'I TOTAL EXHIBIT B SPECIAL SERVICE DISTRICT - DOWNTOWN Special Service Charge Allocation Market PROPERTY I Value Tax Capacity Special Service Value Charge 2015 1 2015 PJK Land LLC % Paul Krause 114,400 1,716 200 R. Gallagher Reichardt Tste 259,300 4,436 518 R. Gallagher Reichardt Tste 12,900 258 30 272,200 4,694 548 VFW Post 212,600 3,502 409 VFW Post 53,400 1,068 125 VFW Post 52,900 1,058 124 VFW Post 52,900 1,058 124 VFW Post 19,500 390 46 391,300 7,076 826 20757 LLC % Mark Hotzler 191,800 3,086 360 Investments) 46,000 690 81 investments) 524,700 9,974 1,164 570,700 10,664 1,245 Lakeville Family Bowl, Inc. 253,100 4,312 503 Allstot Properties 314,100 5,532 646 N & V Apartments (Ace maraware) 1,094,300 21,136 2,467 Dakota County CDA 594,400 11,138 1,300 bi 12,583,700 235,635 27,500 EXHIBIT Revenues - service charges Current Levy collected Other revenues Net service charges Expenditures Executive Director (Wage/Payroll Tax) Postage/PO Box Rental Office supplies Professional fees (Acctg/Computer) Meeting expenses (Chamber/DLBA Board) Website Flower Pots Brochure s/marketing/Advertising Sponsorships Eve nts Farmers Market Trick or Treat Chamber - DLBA "After Hours" Holiday Lighting Holiday on Main Block Bash Easter Promotional Events (Retail Committee Events) County assessment fee Total expenditures Net change Balance - Beginning Balance - Ending on Actual Budget Proposed Fiscal Year Fiscal Year Fiscal Yeai Ended Ended Ended June, 2014 June, 2015 June, 2016 28,269 27,500 27,500 - 2,500 2,500 28,269 30,000 30,000 9,247 11,250 11,250 56 50 50 362 300 300 503 225 265 157 100 100 4,161 750 350 2,575 2,500 2,500 5,908 1,950 2,360 500 250 750 - 400 400 - 1,000 1,000 - 500 - - 75 75 4,990 5,250 5,250 5,535 5,100 5,100 130 100 100 (389) - - 148 150 150 33,883 29,950 30,000 (5,614) 50 - 13,357 7,743 7,793 7,743 7,793 7,793