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HomeMy WebLinkAbout15-140CITY OF LAKEVILLE Resolution No. 15-140 RESOLUTION IMPOSING A SERVICE CHARGE FOR SPECIAL SERVICE DISTRICT NO.1 FOR TAXES PAYABLE 2016 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") 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 is hereby imposed a service charge in the amount and against the properties specified on Exhibits "A" and "B", attached hereto (the "Service Charge"). 2.02. Nature and character of Special Services - Budget. There is hereby approved a budget for Special Service District fiscal year beginning July 1, 2016 through June 30, 2017 as specified on Exhibit "C" a copy of which is attached hereto. 2.03. 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 2016, the Service Charge will be $27,500.00. 2.04. 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. 2.05. Effective Date. The effective date of the Service Charge will be January 1, 2016. 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 5. 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. 0) ADOPTED by the Lakeville City Council this 2' day of November 2015 CITY OF LAKEVILLE [- rlene Friedges, City Matt Lithe, Mayor m EXHIBIT B SPECIAL SERVICE DISTRICT - DOWNTOWN Proposed Special Service Charge Allocation M arket Tax Capacity Special Service PROPERTY Value Value Charge PID # OWNER 2016 2016 2016 22 44450 02 121 Richard/A nn Miller 432,700 7,904 $ 925.70 22 4445012 020 20777 LLC 146,300 2,195 $ 256.20 22 4445012 042 20779 LLC 159,900 2,448 $ 285.70 22 02900 78 051 Holyoke Professional Ltd 901,100 17,272 $ 2,028.80 (22 13700 084 01) 22-47600-01-010 Holyoke Crossing LLC 1,625,700 32,514 $ 3,794.60 22-13700-02-081 Holyoke Crossing LLC 135,400 2,708 $ 316.00 $ 5,077.40 (22-44450-111-13) Holyoke Crossing (former J+J 2,212,800 43,506 22-47600-01-020 Hold.) $ 9,188.00 22 85100 01 051 Seven Sixty Five LLC (Former J & J Holding Co.) 149,600 2,244 $ 261.90 22 44450 12 050 Seven Sixty Five LLC (Former J & J Holding Co.) 149,600 2,990 $ 349.00 $ 610.90 22 63700 01040 Lakeville Real Estate M anagement LLC 56,500 1,130 $ 131.90 22 63700 01080 Lakeville Real Estate M anagement LLC 282,900 5,658 $ 660.30 22 63700 01030 Lakeville Real Estate M anagement LLC 56,000 1,120 $ 130.70 22 63700 01020 Lakeville Real Estate M anagement LLC 282,900 4,908 $ 572.80 $ 1,495.70 22 44450 12 044 Gregory J JNancy Papatola Tste Smith 245,200 4,154 $ 470.10 22 44450 12 040 Gregory J JNancy Papato la Tste Smith 106,000 2,120 $ 237.10 $ 707.20 22 85100 01100 Marquette Bank Lakeville 804,800 15,346 $ 1,791.00 22 85100 01 080 Wells Fargo Bank M innesota 51,800 777 $ 90.70 22 85100 01 070 Wells Fargo Bank M innesota 45,400 681 $ 79.50 22 85100 01 020 Marquette Bank Lakeville 113,800 2,276 $ 265.60 $ 2,226.80 EXHIBIT B SPECIAL SERVICE DISTRICT - DOWNTOWN Proposed Special Service Charge Allocation M arket Tax Capacity Special Service PROPERTY Value Value Charge PID # OWNER 2016 2016 2016 22 13700 02 010 KNS Investments 258,900 4,428 $ 539.40 22 44450 07 120 Ro se A cceptance Inc 257,900 4,408 $ 514.40 22 44450 10 070 Fairfield Crossing LLC 264,600 4,542 $ 530.10 22 44450 10 090 Fairfield Crossing LLC 41,600 832 $ 97.10 $ 627.20 22 44450 10 110 PJK Land LLC %Paul Krause 114,400 1,716 $ 200.30 22 85100 01 041 James L Richman 259,300 4,436 $ 517.70 22 85100 01 071 James L Richman 12,900 258 $ 30.10 $ 547.80 MAH Properties LLC c/o 22-44450-10-041 Metro Equity Management 212,600 3,502 $ 408.70 LLC MAH Properties LLC c/o 22-44450-10-010 Metro Equity Management 53,400 1,068 $ 124.60 LLC MAH Properties LLC c/o 22-44450-10-020 Metro Equity Management 52,900 1,058 $ 123.50 LLC MAH Properties LLC c/o 22 44450 10 030 Metro Equity Management 52,900 1,058 $ 123.50 LLC MAH Properties LLC c/o 22 44450 10 040 Metro Equity Management 19,500 390 $ 45.50 LLC $ 825.80 22 85100 01050 20757 LLC %M ark Hotzler 191,800 3,086 $ 360.20 22-32190-00-011 HM WHC LLC 46,000 690 $ 80.50 22-32190-01-010 HM WHC LLC 524,700 9,974 $ 1,164.00 $ 1,244.50 EXHIBIT B SPECIAL SERVICE DISTRICT - DOWNTOWN Proposed Special Service Charge Allocation M arket Tax Capacity Special Service PROPERTY Value Value Charge PID # OWNER 2016 2016 2016 22 44450 07 183 Lakeville Family Bowl, Inc. 253,100 4,312 $ 503.20 22 44450 06 101 Marcor Properties LLC 314,100 5,532 $ 645.60 22-47600-02-010 H & V Apartments (Ace Hardware) 1,094,300 21,136 $ 2,466.70 (22 44415 010 01) 22-44415-01-011 DakotaCountyCDA 594,400 11,138 $ 1,299.90 TOTAL 235,515 $ 27,500.00 EXHIBIT C Revenues - service charges Current Levy collected Delinquent levy collected Other revenues Net service charges Expenditures Executive Director (Wage/Payroll Tax) Tech/Auto allowance Insurance Postage/PO Box Rental Office supplies Professional fees (Acctg/Computer) Meeting expenses (Chamber/DLBA Board) Website Flower Pots Brochures/marketing/Advertising Sponsorships Events: Farmers Market Trick or Treat 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,2015 June,2016 June,2017 27,081 27,500 27,500 882 - - 2,710 2,500 3,750 30,673 30,000 31,250 4,834 13,015 11,250 12,250 325 - 300 - - 220 76 50 75 279 300 300 467 265 265 8 100 20 759 350 350 2,575 2,500 1,500 1,473 2,360 3,960 250 750 - 674 400 1,600 958 1,000 250 91 75 100 5,197 5,250 5,000 4,834 5,100 7,000 118 100 - 164 - - 152 150 150 31,415 30,000 33,340 (742) - 7,743 7,001 (2,090) 7,001 7,001 7,001 4,911