HomeMy WebLinkAboutResolution No. 2012-095 Emerald Certification of Assessments – 5034 France Avenue South RESOLUTION NO. 2012-95
w9INiA, APPROVING AGREEMENT AND ADOPTING ASSESSMENT
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City of Edina
WHEREAS, Minnesota Statues §§ 216C.435 and 216C.436 authorizes the City to
finance energy improvements using special assessments on residential, commercial and
industrial properties where owners have petitioned for special assessments to repay the
financing; and
WHEREAS, Edina has created an Edina Emerald Energy Program (EEEP), which
authorizes voluntary special assessments for energy improvements; and
WHEREAS, Edina has received a Special Assessment Petition from France at 50th LLC.,
waiving its right to a special assessment hearing and petitioning for special assessment to repay
the financing.
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE
CITY OF EDINA, MINNESOTA:
1. The Special Assessment Agreement with France at 50th LLC. is approved. The Mayor
and City Manager are authorized to sign the Agreement.
2. The proposed assessment in the principal amount of $40,030.00, a copy of which is
attached hereto and made a part hereof, is hereby adopted and shall constitute the
special assessment against the lands named therein and each tract of land therein
included is hereby found to be benefited by the proposed improvements in the amount of
the assessment levied against it.
3. Such assessment shall be payable in equal annual installments extending over a period
of five (5) years, the first of the installments to be payable with taxes payable in 2013,
and shall bear interest at the rate of seven and one half percent (7.5%) per annum from
January 1, 2013. To each installment when due shall be added interest for one year on
all unpaid installments.
4. The property owner may, at any time prior to certification of the assessment to the
County, pay the whole of the assessment on such property with interest accrued to the
date of payment to the City, except that no interest shall be charged if the entire
assessment is paid within thirty (30) days from the adoption of this resolution and the
owner may at any time thereafter pay the City the entire amount of the assessment
remaining unpaid with interest accrued to December 31 of the year in which the payment
is made. Such payment must be made before November 30 or interest will be charged
through December 31 of the next succeeding year.
5. The City Clerk shall forthwith transmit a certified duplicate of this assessment to the
County to be extended on the property tax lists of the County and such assessments
shall be collected and paid over in the same manner as other municipal taxes
Dated: August 21, 2012
City Hall 952-927-8861
4801 WEST 50TH STREET FAX 952-826-0390
EDINA, MINNESOTA, 55424-1394 www.cityofedina.com TTY 952-826-0379
Attest:
Debra A. Manger, City CVerk ames . Hovland, Mayor
STATE OF MINNESOTA )
( ss.
COUNTY OF HENNEPIN )
CERTIFICATE OF CITY CLERK
I, the undersigned duly appointed and acting City Clerk for the City of Edina do hereby certify
that the attached and foregoing Resolution was duly adopted by the Edina City Council at its
Regular Meeting of August 21, 2012, and as recorded in the Minutes of said Regular Meeting.
WITNESS my hand and seal of said City this day of
City Clerk
Final Assessment Roll
Edina Emerald Energy Program Improvement No.2
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LEVY NUMBER 18227
Property Address PID Owner I Mailing Address City/State/ZIP Assessment
5034 France Ave S. 18-028-24-41-0055 1 France at 50th LLC 178W Metro Parkway#1300 IBloomington MN,55425 $40,030.00
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