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HomeMy WebLinkAbout10-095CITY OF LAKEVILLE Resolution No. 10 -95 RESOLUTION IMPOSING A SERVICE CHARGE FOR SPECIAL SERVICE DISTRICT NO. 1 FOR TAXES PAYABLE 2011 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, 2011 through June 30, 2012 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 2011 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 2011, the proposed Service Charge will be $27,535.00. 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 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. 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 this 15th day of November 2010. CITY OF LAKEVILLE C - "V ATTEST: Charlene Friedges, City Clerk Exhibit C Revenues - service charizes Special Service District Budget Actuals Adopted Proposed Fiscal Fiscal Fiscal Fiscal Year Year Year Year Ended Ended Ended Ended June. 2009 June, 2010 June, 2011 June, 2012 Current Levy collected 27,526 27,905 27,500 27,535 Other revenues 3,908 2,806 4,000 4,000 Net service charges 31,433 30,711 31,500 31,535 Expenditures Executive Director 9,688 11,415 9,700 11,250 Postage 46 172 126 150 Office supplies 202 775 500 500 Professional fees 245 599 265 265 Electrical at Pioneer Pk 2,345 - - Meeting expenses 123 234 200 225 Website 144 233 150 300 Flower Pots 2,333 2,855 2,500 2,750 Brochures /marketing 2,379 2,595 3,000 3,000 Iron man 3,616 2,926 4,000 4,000 Wednesday on Main 4,214 2,585 4,500 4,500 Pan- O -Prog 500 800 500 500 Easter - 13 Harvest Festival 2,638 2,459 1,500 - Holiday on Main 5,931 5,122 5,500 5,500 Promotional Events 1,950 5,394 - Less Reimbursement (1,322) (4,738) - County assessment fee 158 130 150 150 Total expenditures 35,190 33,569 32,591 33,090 Net change (3,757) (2,858) (1,091) (1,555) Balance - Beginning 30,646 26,889 26,994 22,940 Balance - Ending 26,889 24,031 25,903 21,385