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HomeMy WebLinkAbout07-174 • CITY OF LAKEVILLE Resolution No. 0~-~74 RESOLUTION IMPOSING A SERVICE CHARGE FOR SPECIAL SERVICE DISTRICT NO. 1 FOR TAXES PAYABLE 2008 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 Charae. 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 2008 through June 30, 2009 as specified on Exhibit "C" a copy of which is attached hereto, 2.03. Multi-year Service Charae. 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 2008 for taxes payable in said year. 2.04. Calculation of Service Charae. 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. 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. • 1 • The calculation of service charges as described in this section are subject to the condition that. the properties acquired from J + 7 Holding by Holyoke Crossing LLC prior to October 16, 2006 will cumulatively be subject. to a special service charge in 2008 equal to the 2006 special service charge. For taxes payable in 2008. the proposed Service Charge will be $27,534.00 2.05. Distribution of Total Service Charae. 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 properly or net tax capacity shall be determined without regard to captured or original net tax capacity under Minnesota Statutes, Section 473F.08. • 3.02. Penal 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. Rec~rdina. 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 this 15th day of October 2007. CITY OF KEVILLE t± BY: H Dahl, yo A , Charlene Friedges, City rk s 3 Exhibit A .Map. of Proposed Special Service District No. 1 • N R W E S Properties Assessed ui - W. w 6 t Q R 2 th J R ~ ~ a EXHIBIT B SPECIAL SERVICE DISTRICT -DOWNTOWN Proposed Special Service Charge Allocation Market Tax Capacity Special Service PROPERTY Value Value Charge PID # OWNER 2007 2008 2007 2008 2007 2008 22 44450 121 02 Richard/Ann Miller 404,800 426,600 7,346 7,782 1,200.00 1,209.00 22 44450 020 12 Jose Vega 107,600 112,500 1,614 1,688 264.00 262.00 22 02900 051 78 Holyoke Professional Ltd 795,800 838,600 15,166 16,022 2,477.00 2,490.00 2213700 084 01 Holyoke Crossing LLC 1,336,000 1,388,700 25,970 27,024 4,242.00 4,200.00 22 13700 080 02 Holyoke Crossing LLC 66,600 71,200 1,332 1,424 218.00 22.1.00 1,402,600 1,459,900 27,302. 28,448 4,460.00 4,421.00 22 13700 022 01 Holyoke Crossing (former J+J Hold.) 7,600 8,700 152 174 20.50 22.10 22 44450 050 13 Holyoke Crossing (former J+J Hold.) 378,100 400,900 7,562 8,018 1,019.90 1,019.80 22 13700 100 01 Holyoke Crossing (former J+J Hold.) 14,900 17,000 298 340 40.20 43.20 22 02900 073 78 Holyoke Crossing (former J+J Hold.) 170,500. 177,900 3,410 3,558 459.90 452.50 22 44450 110 13 Holyoke Crossing (former J+J Hold.) 17,400 19,800 348 396 46.90 50.40 22 13700 090 01 Holyoke Crossing:(former J+J Hold.) 7,500 8,600 150 172 20.20 21.90 22 13700 091 01 Holyoke Crossing (former J+J Hold.) 25,900 29,500 518 590 69.90 75.00 3700 021 01 Holyoke Crossing (former J+J HoIdJ 15,000 17,100 300 342 40.50 43.50 3700 020 01 Holyoke Crossing (former J+J Hold.) 9,800 11,200 196 224 26.40 28.50 3700 010 01 Holyoke Crossing (former J+J Hold.) 14,900 17,000 298 340 40.20 43.20 22 44450 010 13 Holyoke Crossing (former J+J Hold.) 205,800 218,200 4,116 4,364 555.10 555.10 22 44450 100 13 Holyoke Crossing (former J+J Hold.) 11,900 13,600 238 272 32.10 34.60 22 44450 092.13 Holyoke Crossing (former J+J Hold.) 1,065,200 1,122,400 20,554 21,698 2,873.20 2,855.10 1,944,500 2,061,900 38,140 40,488 5,245.00 5,244.90 22 85100 051 01 J & J Holding Co. 140,600 148,100 2,812 2,222 459.00 345.00 22 44450 050 12 J & J Holding Co. 140,600 148,100 2,812 2,953 459.00 459.00 281,200 296,200 5,624 5,175 918.00 .804.00 22 63700 040 01 Lakeville Real Estate Management LLC 50,200 54,000 1,004 1,080 164.00 168.00 22 63700 080 01 Lakeville Real Estate Management LLC 230,000 242,400 4,600 4,848 751.00 753.00 22 63700 030 01 Lakeville Real Estate Management LLC 50,200. 54,000 1,004 1,080 164.00 168.00 22 63700 020 01 .Lakeville Real Estate Management LLC 230,700 243,200 3,864 4,114 631.00 639.00 561,100 593,600 10,472 1.1,122 1,710.00 1,728.00 22 44450 044 12 Gregory J./Nancy Papatola Tste Smith 138,800 145,200 2,082 2,178 340.00 338.00 22 44450 040 12 Gregory J/Nancy Papatola Tste Smith 76.400 79.700 1.472 1,570 240.00 244.00 215.200 224.900 3.554 3.748 580.00 582.00 22 85100 100 01 Wells Fargo 735,100 765,700 13,952 14,564 2,279.00 2,263.00 22 85100 080 01 Wells Fargo 42,000 48,600 630 729 103.00 113.00 22 85100 070 01 Wells Fargo 37,000 42,900 555 644 91.00 100.00 22 85100 020 01 Wells Fargo 83,500 89,700 1,670 1,794 273.00 279.00 897,600 946,900 16,807 17,731 2,746.00 2,755.00 3700 010 02 KNS Investments 250,100 275,200 4,252 4,754 695.00 739.00 22 44450 042 12 Lawrence H/Ann Z Werner 151,300 157,900 2,276 2,408 372.00 374.00 22 44450 120 07 Rose Acceptance Inc 250,000 260,700 .4,250 4,464 694.00 694.00 Market Tax Capacity Special Service PROPERTY Value Value Charge PID # OWNER 2007 2008 2007 2008 2007 2008 22 44450 070 10 H & V Apartments 242,500 255,600 4,100 4,362 670.00 678.00 22 44450 090 10 H & V Apartments 32,300 34,800 646 696 106.00 108.00 274,800 290,400 4,746 5,058 776.00 786.00 22 44450 110 10 PJK Land LLC % Paul Krause 96,600 101,200 1,449 1,518 237.00 236.00 22 85100 041 01 R. Gallagher Reichardt Tste 240,700 253,600 4,064 4,322 664.00 672.00 22 85100 071 01 R. Gallagher Reichardt Tste 11,200 12,000 224 240 37.00 37.00 251,900 265,600 4,288 4,562 701.00 709:00 22 44450 091 13 Steven B./Nergis T. Peterson 83,500 87,200 1,253 .1,308 205.00 203.00 22 44450 041 10 VFW Post 189,400 199,600 3,038 3,242 496.00 504.00 22 44450 030 10 VFW Post .48,000 50,300 960 1,006 157.00 156.00 22 44450 040 10 VFW Post 17,700 18,400 354 368 58.00 57.00 255,100 268,300 4,352 4,616 711.00 717.00 22 85100 050 01 20757 LLC % Mark HobJer 64,000 66,900 960 1,004 157.00 156.00 22 85100 072 01 Hewitt Investments -Inactive 8,500 128 21.00 - 22-32190-010-00 Hewitt Investments 64,800 972 151.00 22-32190-010-01 Hewitt Investments 28,300 425 66.00 22 85100 081 01 Hewitt Investments -Inactive 14,000 210 34.00 - 22 85100 040 01 Hewitt Investments -Inactive 21,500 323 53.00 - 22 85100 062 01 Hewitt Investments -Inactive 5,600 84 14.00 - 22 85100 060 01 Hewitt Investments -Inactive 15,100 227 37.00 - 22 44450 063 12 Hewitt Investments -Inactive 16,700 - 251 - 41.00 81,400 93,100 1,223 1,397 200.00 217.00 22 44450 183 07 Lakeville Family Bowl, Inc. 249,200 296,400 4,234 5,178 692.00 805.00 22 44450 101 06 Allstodt Properties 287,700 303,200 5,004 5,314 817.00 826.00 22 44415 010 01 Dakota County CDA 551,300 543,900 10,276 10,128 1,678.00 1,573.00 TOTAL 9,176,100 9,674,900 $ 174,588 $ 183,913 27,535 27,531 Special Service District -Rate 0.1633516 0.1554053 • Exhibit C Special Service District Budget Actuals Budget. Proposed Fiscal Fiscal Fiscal Fiscal Year Year Year Year Ended Ended Ended Ended June, 2006 June, 2007 June, 2008 June, 2009 Revenues -service charges Current Levy collected 27,663 .27,534 27,534 27,534 Delinquent levy collected 1,068 Allowance for uncollected - - (1,034) (34) Net service charges 27,663 28,602 26,500 27,500 Expenditures Executive Director 6,296 8,150 10,250 10,800 Postage 26 29 80 41 Office supplies 1,415 385 200 350 Meeting expenses 250 222 300 225 Training - Website 174 156 150 Flower Pots 1,074 2,750 2,500 2,500 Advertising 2,600 Brochures/marketing 3,890 1,3.18 2,500 2,450 Wednesday on Main 3,535 3,245 6,000 3,600 Pan-O-frog 500 525 500. 525 Spring Run - 1,071 500 500 Easter - Harvest Festival 1,682 1,418 1,500 1,500 Holiday on Main 5,272 5,270 3,750 5,250 County assessment fee. 156 160 150 Total expenditures 24,270 24,539 28,390 30,491 Net change 3,393 4,063 (1,890). (2,991) Balance -Beginning 18,913 22,306 26,369 24,479 Balance -Ending 22,306 26,369 .24,479 21,488