Loading...
HomeMy WebLinkAbout1998-09-02 PACKET 04.G.REGPUEST OF GITY COUNCBL,ACTBON COUNCIL AGENDA M�ETIhJG lTEM # DATE 9/2/98 t.� . (� . PREPARED BY Finance Liz Johnson ORIGINATING DEPARTMENT STAFF AUTHOR ���.�.«�..���«.��...$«.���.���.«>.x..��.�..�...� COUNCIL ACTION REQUEST Adopt resoiutions declaring costs and ca�ling for public hearing for: 97th Street, 80th Street , Pine Forest 2nd, Pine ForesY 3rd, Pine Glen 6th, Sendy Hills 8th, Hidden Vailey 7th and Pine Forest 4th BUDGET IMPLICATIbN: $ BUDGETED AMOUNT ADVISORY COMMiSSION ACTIOtJ ■ ' . ■ ' . � - •- �..- . �. . . � � . � � ,• � • •- ■ SUPPQRTiNG DOCUtJIENTS �• $ ACTUAL AMOUNT FUNDING SOURCE REVIEWED ❑ ❑ ❑ ❑ ❑ ❑ ❑ APPROVED ❑ ❑ ❑ ❑ ❑ ❑ ❑ DENIED ❑ ❑ ❑ ❑ ❑ ❑ ❑ �1 • . ►� ' t •'. ;� �.�' ; , ■ #` � ` •'; • - • �� • � � _ • , . __ �� -� •- • �B � ity,4drninistratar C�ate ����.��«�.R&�<.����.,«�.«����������<.���R�����«� �c��s�crL Ac �����. ❑ �,���av�a ❑ ������ (� a�ro��� To: Ryan Schroeder, City Administrator � From: Elizabeth Johnson, Finance Director Date: 08/27/98 Re: assessments Introduction The Council should consider two resolutions relating to adopting the annual assessment rolls. The first resolution is to declare costs and the second resolution calls for a public hearing on the proposed assessment rolls. Discussion T�iis'is the second of the two groups of assessments. There are 8 projecu to assess in the second group. The public heazing for this group will be held on October 7 The interest rate on the proposed assessments is 7%-8%. The co�struction for most of these projects were paid for from bonds sold. Those not bonded for this year will be bonded for next year. The interest chazged ranges from 4% to 4.55%. The interest rate charged to the projects is based on the interest rate on tUe bond times the number of days from the bond sale to the adoption date. The interest charged on projects that have not been bonded equals the number of days from the first contractor payment to the adopYion date times 4%. The interest rate charged on these types of projects will be adjusted nexT fall, during the second assessment phase, when the actuat bonded interest rate is known. The attached project cost sheets provide the estimated project costs compared to the actual projects cost and the cost per lot. The projects to be considered aze: 97`� Street This project is to provide improvements to 97`� Street to serve the Renewal by Anderson project. Renewal has agreed to be assessed for the costs to improve this road. 80"' Street This assessment is based on the applicable mazket value for properties benefited by the improvement. The bond that financed this project was issued in mid 1998. August 27, 1998 Pine Forest 2" This is the first assessment on this project. This project has not been bonded. Consequently, the interest charged is from the first contractor payment, October 1997. Pine Forest 3`� This is the first assessment on this project. This project was bonded in eazly 1998 at an interest rate of 4.1663%. The interest rate charged is from the bond sale date to the date of adoption. Pine G1en 6�' This is the second assessment on this project. The costs for this project were the remaining costs ftom Pine Glen 5 that were allocated to this subdivision, according to the subdivision agreement. Sandy Hills 8'� This is the fust assessment on this project. This project has not been bonded yet, and no contractor payments have been made. It will be included in the bond sale next yeaz. We are assessing costs on this project this fall to cover contractor payments that will have to be made during the remainder of the year. The balance of these costs will be assessed next fall.. Hidden Valley 7�' This project will also be bonded in next year's bond sale. No contractor payments have been made and we are assessing now for similar reasons as Sandy Hills 8 project. Pine Forest 4�' This project, too, will be bonded in next year's bond sale. No contractor payments have been made and we aze assessing costs now to maintain cash flow on the project to carry us through to next year's fall assessment. If the Council approves the resolutions as presented, the affected property owners will be notified and a public hearing will be scheduled for October 7, 1998. Action Requested Adopt resolutions as presented. RESOLUTION NO. 98- RESOLUTION CALLING FOR HEARING ON PROPOSED ASSESSMENTS FOR THE 97TH STREET IMPROVEMENT PROJECT WHEREAS, by Resolution 98- , passed.by the City Council on September 2, 1998, the Council directed the Finance Director to prepare the proposed assessment roll for the 97` Street Improvements and WHEREAS, the City Clerk has notified the Council that such assessment roll is complete and filed in her office for public inspection. NOW THEREFORE BE IT RESOLVED, the City Council of the City of Cottage Grove, County of Washington, State of Minnesota, as foliows: 1. A hearing shali be held on the 7�' day of October, 1998 at 7:30 p.m. to pass upon such proposed assessment roll. 2. The Finance Director is hereby directed to cause a Notice of Hearing on the proposed assessments to be pubiished in the Washington County Bulletin, the o�cial newspaper of the City, at least two (2) weeks prior to the hearing and shaii state in the notice the total cost of the improvement and the proposed interest rate of 7%. The Finance Director shaii cause mailed notices to be given to the owner of each parcel described in the assessment roil • Passed this 2" day of September 1998: John D. Denzer, Mayor Attest: Caron M. Stransky, City Clerk RESOLUTION NO. 98- RESO�UTION DECLARING COSTS TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT ROLL FOR 97TH STREET IMPROVEMENTS WHEREAS, contracts were let for 97 Street improvements and the contract price for such improvements was $163,112, with expenses incurred in the construction of improvements and other construction amounting to $37,733.26 for a total cosf of improvements of $200,845.26. NOW THEREFORE BE IT RESOLVED, the City Council of the City of Cottage Grove, County of Washington, State of Minnesota, as follows: 1. The net cost of such improvements to be assessed is deciared to be $200,845.26 � 2. The Finance Director, with tne assistance of the City Engineer; Bonestroo, Rosene, Anderiik and Associates, inc. wili caiculate the proper amount to be assessed for such improvements against every assessable lot or piece of parcel or land within the district affected withaut regard to cash valuation as provided by law, and shall file a copy of proposed assessment roll in the City Clerk's office for public inspection 3. The City Clerk shall, upon compietion of such assessment roll, notify the City Council therefor Passed this 2n day of September, 1998. John D. Denzer, Mayor Attest: Caron M. Stransky, City Clerk G: �ASSESSUenewal.wk 1 PID PROJECT: PROGRAMNO: NUMBER OF LOTS: CONTRACTAWARDED: BONDSSOLD: ASSESSMENT ROLLADOPTED: ASSESSMENT TERM: ASSESSMENT RATE BONDINTEREST RATE: Renewalby Anderson 9,537.00 Fund 537 1.00 3 years 8.00% 163,112.00 163,112.00 DEPOSIT & RCT # 10/7/98 ESTIMATE First Second COST DESCRIPTION: Utilities, gravel base (SUBDIVISION Assessmenf Assessment PER LOT •� •� • Sanitary Sewer Water Main House Services Street Improvements Contract t Turnlane improvements Storm Sewer Street Lighting-instaliation Sidewaik street lighting-materials Street lighting-per agreement Seal coating-per agreement � OTHER COSTS: Capitalized Interest Engineering Fiscai/BOnd ing/Publ ication Legal Testing, Row, & Other Administration Finance Engineering Admin SUB-TOTAL OTHER COSTS TOTAL ALL COSTS LESS DEPOSIT YOTAL COSTS LESS DEPOSIT AREA CHARGES Assessed to Plat Trunk Water Area Charge Sanitary Sewer Area Charge Trunk Storm Area Charge TOTAL AREA CHARGES TOTAL ASSESSMENT ROLL 08l27/98 0.00 0.00 0.00 0.00 163,112.00 0.00 0.0� 0.00 0.00 0.00 0.00 0.00 $163,112.00 $163,112.00 $0.00 163,112.00 $0.0�� � $0.00 0.00 18.0% 29,360.16 29,36Q.16 29,360.16 1.5% 2,446.68 0.00 9.5% 2,446.68 0.00 1.0% 1,631.12 217.50 217.50 3.0°/a 4�893.36 3,262.24 0.00 3,262.24 2.0% 3,262.24 1,631.12 0.00 1,631.12 3.0% 4,893.36 3,262.24 0.00 3,262.24 $48,933.60 $37,73326 $0.00 37,733.26 $212,045.60 $200,845.26 $0.00 200,845.26 $0.00 � �� $212,045.60 $200,845.26 $0.00 $200,84526 0.00 0.00 0.00 0.00 $0.00 $O.OQ $0.00 0.00 $212,045.60 $200,845.26 $0.00 200,845.26 FOTALASSESSEDCOST 212,045.60 200,845.26 0.00 200,845.26 RESOLUTION NO. 98- RESOLUTION CA�L.ING FOR HEARING ON PROPOSED ASSESSMENTS FOR THE 80TH STREET STREET RECONSTRUCTION PROJECT WHEREAS, by Resolution 98- , passed by the City Council on September 2, 1998, the Councii directed the Finance Director to prepare the proposed assessment roll for the 80` Street reconstruction and WHEREAS, the City Clerk has notified the Councii that such assessment roil is compiete and filed in her office for public inspection. NOW THEREFORE BE IT RESOLVED, the City Council of the City of Cottage Grove, County of Washington, State of Minnesota, as follows: 1. A hearing shall be held on the 7` day of October, 1998 at 7:30 . p.m. to pass upon such proposed assessment roll. 2. The Fi�ance Director is hereby directed to cause a Notice of Hearing on the proposed assessments to be pubiished in the Washington County Builetin, the official newspaper of the City, at least two (2) weeks prior to the hearing and shali state in the notice the totai cost of the improvement and the proposed interest rate of 7%. The Finance Director shall cause mailed notices to be given to the owner of each parcei described in the assessment roil Passed this 2n day of September 1998. John D. Denzer, Mayor Attest: Caron M. Stransky, City Clerk RESOLUTION NO. 98- RESOLUTION DECLARING COSTS TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT ROLL FOR 80TH STREET RECONSTRUCTION PROJECT WHEREAS, contracts were Iet for 80` Street reconstruction project and the contract price for such improvements was $2,863,033.48, with expenses incurred in the construction of improvements and other construction amounting to $310,669.77 for a total cost of improvements of $3,173,703.25. NOW THEREFORE BE IT RESOLVED, the City Council of the City of Cottage Grove, County of Washington, State of Minnesota, as follows: 1. The net cost of such improvements to be assessed is declared to be $804,736.30 2. The Finance Director, with the assistance of the City Engineer; Bonestroo, Rosene, Anderlik and Associates, Inc. will calculate the proper amount to be assessed for such improvements against every assessabie lot or piece of parcel or land within the district affected without regard to cash valuation as provided by law, and shall file a copy of proposed assessment roil in the City Clerk's office for public inspection 3. The City Clerk shall, upon completion of such assessment roll, notify the City Council therefor Passed this 2n day of September, 1998. Attest: John D. Denzer, Mayor Caron M. Stransky, City Clerk RESOLUTION NO. 98- RESOLUTION CALLING FOR HEARING ON PROPOSED ASSESSMENTS FOR THE PINE FOREST 2ND STREET AND UTILITY IMPROVEMENT PROJECT WHEREAS by Resolution 98- , passed by the City Council on September 2, 1998, the Councii directed the Finance Director to prepare the proposed assessment roii for the Pine Forest 2nd Street and Utility improvements and WHEREAS, the City Clerk has notified the Council that such assessment roil is complete and filed in her office for public inspection. NOW THEREFORE BE IT RESOLVED, the City Council of tne City of Cottage Grove, County of Washington, State of Minnesota, as follows: 1. A hearing shall be held on the 7` day of October, 1998 at 7:30 p.m. to pass upon such proposed assessment roli. 2. The Finance Director is hereby directed to cause a Notice of Hearing on the proposed assessments to be published in the Washington County Bulletin, the official newspaper of the City, at least two (2) weeks prior to the hearing and shali state in the notice the total cost of the improvement and the proposed interest rate of 7°/a. The Finance Director shali cause mailed notices to be given to the owner of each parcel described in the assessment roll Passed this 2n day of September 1998. John D. Denzer, Mayor Attest: Caron M. Stransky, City Clerk RESOLUTION NO. 98- RESOIUTtON DECLARING COSTS TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT ROLL. FOR PINE FOREST 2ND STREET AND UTILITY IMPROVEMENTS WHEREAS, contracts were let for Pine Forest 2nd Street and Utility improvements and the contract price for such improvements was $281,903.28, with expenses incurred in the construction of improvements and other construction amounting to $68,278.09 and area charges of $46,134.81 less a deposit of $7,500 for a totai cost of improvements of $388,816.18. NOW THEREFORE BE IT RESOLVED, the City Council of the City of Cottage Grove, County of Washington, State of Minnesota, as follows: 1. The net cost of such improvements to be assessed is declared to be $388,816.18 2. The Finance Director, with the assistance of the City Engineer; Bonestroo, Rosene, Anderlik and Associates, Inc. wili calculate the proper amount to be assessed for such improvements against every assessable iot or piece of parcei or land within the district affected without regard to cash valuation as provided by law, and shall file a copy of proposed assessment roil in the City Cierk's o�ce for public inspection 3. The City Clerk shali, upon completion of such assessment roll, notify the City Council therefor Passed this 2n day of September, 1998. Attest: John D. Denzer, Mayor Caron M. Stransky, City Clerk F:\GROUPS\FINANCEW SSESS�pineforest2nd.wkl PID PROJECT: Pine Forest 2nd Add PROGRAM NO: 6,430.00 Fund 510 NUMBER OF LOTS: 29.00 65,959.65 12,105.00 27,348.30 10,339.30 :ANTRACT AWARDED: BONDS SOLD: ASSESSMENT ROLL ADOPTED: 07-Oct-98 ASSESSMENT TERM: 3 years ASSESSMENTRATE 7.00% INTEREST RATE (charged): 4.0000% DEPOSIT 8 RCT # cr20334 9/4/97 10/7/98 ESTIMATE Firet Second COST DESCRIPTION: Utilities, gravei base (SUBDIVISION Assessment Assessment PER lOT •� : •. • Sanitary Sewer Water Main House Services Street Improvements Contract 1 � Turnlane improvements Storm Sewer Street Lighting-installation Sidewalk street lighting-materials $50,842.31 30,098.46 17,676.92 81,626.15 59,220.00 14,437.69 5,171.54 $47,339.10 24,269.85 12,924.00 81,618.08 1,632.38 836.89 445.66 2,814.42 0.00 0.00 2,274.47 417.41 943.04 356.53 0.00 0.00 OTHER COSTS' Capitalized �nterest Engineering FiscailBOnding/Publication Lega1 Testing, Row, & Other Administration Finance Engineenng Admin � SUB-TOTAL OTHER COSTS TOTAL ALL COSTS LESS DEPOSIT TOTAL COSTS LESS DEPOSIT AREA CHARGES: Assessed to Plat Trunk Water Area Charge Sanitary Sewer Area Charge Trunk Storm Area Charge TOTAL AREA CHARGES TOTAL ASSESSMENT ROLL $259,073.08 $281,903.28 $0.00 9,720.80 $10,998.09 $D.00 379.24 18.0% 46,633.15 40,734.60 1,404.64 1.5% 3,912.00 0.00 1.5% 3,912.00 676.03 23.31 1.0°/a 2.590.73 1,77421 61.18 3.0% 7,772.19 5,638.07 0.00 194.42 2.0% 5,181.46 2,819.03 0.00 97.21 3.0% 7,772.19 5,638.07 0.00 i94A2 $77,77374 $68,278.09 $0.00 .2.354.42 $336,846.81 $350,181.37 $0.00 12,075.22 $0.00 $7,500.00 08/18/98 258.62 $336,846.81 $342,681.37 $0.00 $11,816.60 $16,152.74 $16,152.74 556.99 9,191.43 9,191.43 316.95 20,790.64 20,790.64 716.92 0.00 $46,134.81 $46,134.81 $0.00 1,590.86 $382,981.62 $388,816.18 $0.00 13,407.45 TOTALASSESSEDCOST 382,981.62 388,816.18 0.00 13,407A5 RESOLUTION NO. 98- RESOLUTION CA�LING FOR HEARING ON PROPOSED ASSESSMENTS FOR THE PINE FOREST 3RD STREET AND UTILITY IMPROVEMENT PROJECT WHEREAS, by Resolution 98- , passed by the City Council on September 2, 1998, the Council directed the Finance Director to prepare the proposed assessment roll for the Pine Forest 3rd Street and Utility Improvements and WHEREAS, the City Clerk has notified the Council that such assessment roll is complete and filed in her o�ce for public inspection. NOW THEREFORE BE IT RESOLVED, the City Councii of the City of Cottage Grove, County of Washington, State of Minnesota, as foilows: 1. A hearing shall be heid on the 7' day of October, 1998 at 7:30 p.m. to pass upon such proposed assessment roll. 2. The Finance Director is hereby directed to cause a Notice of Hearing on the proposed assessments to be published in the Washington County Bulletin, the official newspaper of the City, . at least iwo (2) weeks prior to the hearing and shall state in the notice the total cost of the improvement and the proposed interest rate of 7%. The Finance Director shall cause mailed notices to be given to the owner of each parcel described in the assessment roli Passed this 2n day of September 1998. Attest: John D. Denzer, Mayor Caron M. Stransky, City Clerk RESOLUTION NO. 98- RESOLUTION DECLARING COSTS TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT ROLL FOR PINE FOREST 3RD STREET AND UTI�iTY IMPROVEMENTS WHEREAS, contracts were let for Pine Forest 3rd Street and Utility improvements and the contract price for such improvements was $296,858.37, with expenses incurred in the construction of improvements and other construction amounting to $65,627.71 and area charges of $77,827.50 less a deposit of $2,500 for a total cost of improvements of $437,813.58. NOW THEREFORE BE IT RESOLVED, the City Council of the City of Gottage Grove, County of Washington, State of Minnesota, as follows: 1. The net cost of such improvements to be assessed is declared to be $437,813.58 2. The Finance Director, with the assistance of the City Engineer; Bonestroo, Rosene, Anderlik and Associates, Inc. wiil calculate the proper amount to be assessed for such improvements against every assessable lot or piece of parcei or land within the district affected without regard to cash valuation as provided by law, and shali file a copy of proposed assessment roll in the City Clerk's office for public inspection 3. The City Clerk shali, upon completion of such assessment roil, notify the City Councii therefor , Passed this 2n day of September, 1998. Attest: John D. Denzer, Mayor Caron M. Stransky, City Clerk F:iGROUPS\FINANCEIASSESSIpineforest3rd.wk1 0811 Sl98 PID PROJECT: Pine Forest 3rd PROGRAM NO: 6,435.00 Fund 510 NUMBER OF LOTS: 56.00 �ONTRACT AWARDED: 20-May-98 BONDS SOLD: Oi-Jun-98 988 GO Bonds ASSESSMENT ROLL ADOPTED: 07-Oct-98 ASSESSMENTTERM: 3years ASSESSMENT RATE 7.00% BONDINTEREST RATE: 4.1663% DEPOSIT & RCT # cr1274 4/22/98 10/7/98 ESTIMATE First Second COST DESCRIPTION: Utilities, gravei base (SUBDIV�SION Assessment Assessment PER LOT • : •� • Sanitary Sewer Water Main House Services Street Improvements Contract 1 Turnlane improvements Storm Sewer Street Lighting-installation Sidewalk street lighting-materials Street lighting-per agreement Seai wating-per agreement 16.5% 1.5% 1.5% 1.0% 3.0% 2.0°/a 3.0% $66,543.85 $48,274.11 46,346.92 41,426.10 33,536.92 20,367.00 125,85923 98,796.91 74,276.92 56,195.55 1 "1,600.00 13,531.50 8,000.00 7,900.00 4,93920 4,93920. 5,428.00 � 5,428.00 862.04 739.75 363.70 1,76423 0.00 0.00 1,003.49 24 � .63 0.00 141.07 8820 96.93 OTHER COSTS' Capitalized Interest Engineering Fisrai/Bond i ng/Publ icatio n Legai Testing, Row, & Other Administration Finance Engineering Admin SUB-TOTAL OTHER COSTS TOTAL ALL COSTS LESS DEPOSIT TOTAL COSTS �ESS DEPOSIT AR A HAR Assessed to Plat Trunk WaterArea Charge Sanitary Sewer Area Charge Trunk Storm Area Charge TOTAL AREA CHARGES TOTAL ASSESSMENT ROLL $376,531.05 $296,858.37 $0.00 5,301.04 62,259.41 5.647.97 5,647.97 3,765.31 11,295.93 7,530.62 11,295.93 $4,371.14 41,788.67 3,803.06 162.50 659.42 5,937.17 2,968.58 5,937.17 $0.00 78.06 746.23 67.91 2.90 11.78 0.00 106.02 0.00 53.01 0.00 106.02 $107,443.13 $65,627.71 $0.00 1,171.92 $483,974.18 $362,486.08 $0.00 6,472.97 $0.00 $2,500.00 44.64 $483,974.18 $359,986.08 $0.00 $6,428.32 $27,249.00 $27,249.00 486.59 15,505.56 15,505.56 2�6.89 35,072.94 35,072.94 626.30 0.00 $77.827.50 $77,827.50 $0.00 1,389.78 $561,801.68 $437,813.58 $0.00 7,818.10 TOTAL ASSESSED COST 561,801.68 437,813.58 0.00 7,818.10 RESO�UTION NO. 98- RESO�UTION CALLING FOR HEARING ON PROPOSED ASSESSMENTS FOR THE PINE GLEN 6TH STREET AND UTILITY IMPROVEMENT PROJECT WHEREAS, by Resolution 98- , passed by the City Council on September 2, 1998, the Council directed the Finance Director to prepare the proposed assessment roli for the Pine Glen 6th Street and Utility Improvements and WHEREAS, the City Clerk has notified the Council that such assessment roil is compiete and filed in her office for public inspection. NOW THEREFORE BE IT RESOLVED, the City Council of the City of Cottage Grove, County of Washington, State of Minnesota, as foilows: 1. A Mearing sMall be held on the 7` day of October, 1998 at 7:30 p.m. to pass upon such proposed assessment roil. 2. The Finance Director is hereby directed to cause a Notice of Hearing on the proposed assessments to be pubiished in the Washington County Bulletin, the o�cial newspaper of the City, at least two (2) weeks prior to the hearing and shall state in the notice the total cost of the improvement and the proposed interest rate of 7%. The Finance Director shali cause mailed notices to be given to the owner of each parcel described in the assessment roil Passed this 2n day of September 1998. John D. Denzer, Mayor Attest: Caron M. Stransky, City Clerk RESO�UTION NO. 98- RESOLUTION DECLARING COSTS TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT ROL� FOR PINE GLEN 6TH STREET AND UTI�ITY IMPROVEMENTS WHEREAS, contracts were let for Pine Gien 6`" Street and Utility improvements and the contract price for such improvements was $59,072.73, with expenses incurred in the construction of improvements and other construction amounting to $38,509.38 for a totaf cost of improvements of $97,582.11. NOW THEREFORE BE IT RESOLVED, the City Councii of the City of Cottage Grove, County of Washington, State of Minnesota, as follows: 1. The net cost of such improvements to be assessed is declared to be $97,582.11 2. The Finance Director, with the assistance of the City Engineer; Bonestroo, Rosene, Anderlik and Associates, Inc. will calculate the proper amount to be assessed for such improvements against every assessable lot or piece of parcel or land within the district afFected without regard to cash valuation as provided by law, and shall file a copy of proposed assessment roll in the City Clerk's office for public inspection 3. The City Clerk shall, upon completion of such assessment roll, notify the City Council therefor Passed this 2n day of September, 1998. Attest: John D. Denzer, Mayor Caron M. Stransky, City Clerk G: �AS 5 E SS�p�neg len5.wk t PID PROJECT: PROGRAM NO: NUMBER OF LOTS: CONTRACTAWARDED: BONDS SOLD: ASSESSMENT ROLL ADOPTED: ASSESSMENTTERM: ASSESSMENT RATE BOND INTEREST RATE: DEPOSIT & RCT # � 19966 Impr Pine Glen 5 6420,6421, 01-Oct-96 01-Oct-97 3 years 7.00% 4.5500% DESCRIPTION: Utilities, Streets and Street Lights • ..._ - •..... ... ... . Sanitary Sewer Water Mai❑ trunk portion House Services Street Improvements Contract t-Utilities Contrect 2-Street •CoMrect 3-St Lighting Storm Sewer trunk portion Street Lighting Sidewalk Future wearing course OTHER COSTS: Capitaiized Interest Engineering Fisca I/Bo nd i ng/Pu blication Legal Testing, Row, 8 Other Administration Finance Engineering Admin SU8-TOTAL OTHER COSTS TOTAL ALL COSTS LESS DEPOSIT TOTAL COSTS IESS DEPOSIT AREA CHARGES: Assessed to Plat Trunk Water Area Charge Sanitary Sewer Area Charge Trunk Storm Area Charge TOTALAREA CMARGES Second Second Phase I Phase II-III 2,169.40 27,29140 3,969.93 (27,292.31) 1,569.50 9,564.55 2,570.25 830.15 13,386.50 (154.08) (13,235.38) (1,597.18) � 20,000.00 20,000.00 $30,544.91 $28,527.82 $2,802.43 $2,617.37 18.0% (4,216.50) 27,741.63 2.5% 2.5% 2.0% 705.77 5,905.04 20% 610.90 570.56 1.0% 305.45 28528 2.0% 610.90��� 570.56 $818.95 $37,690.43 $31,363.86 $66,21825 $31,363.86 $66,21825 $0.00 $0.00 TOTAL ASSESSMENT ROLL $31,363.86 $66,21825 RESOLUT(ON NO. 98- R�SOLUTION CALLING FOR HEARING ON PROPOSED ASSESSMENTS FOR THE SANDY HILLS 8TH STREET AND UTILITY IMPROVEMENT PROJECT WHEREAS, by Resolution 98- , passed by the City Council on September 2, 1998, the Councii directed the Finance Director to prepare the proposed assessment roll for the Sandy Hills 8th Street and Utility Improvements and WHEREAS, the City Clerk has notified the Council that such assessment roli is complete and filed in her o�ce for public inspection. NOW THEREFORE BE IT RESOLVED, the City Council of the City of Cottage Grove, Gounty of Washington, State of Minnesota, as follows: . 1. A hearing shall be held on the 7` day of October, 1998 at 7:30 p.m. to pass upon such proposed assessment roii. 2. The Finance Director is hereby directed to cause a Notice of Hearing on the proposed assessments to be pubiished in the Washington County Bulletin, the o�cial newspaper of the City, at least iwo (2) weeks prior to the hearing and shail state in the notice the totai cost of the improvement and the proposed interest rate of 7%. The Finance Director shall cause mailed notices to be given to the owner of each parcei described in the assessment roll Passed this 2n day of September 1998. Attest: John D. Denzer, Mayor Caron M. Stransky, City Cierk fca��.7��jr[.7.�.c.7�I:� RESOLUTION DECLARING COSTS TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT ROLL FOR SANDY HIL�S 8TH STREET AND UTIL.ITY IMPROVEMENTS WHEREAS, contracts were let for Sandy Hilis 8th Street and Utility improvements and the contract price for such improvements was $240,213.90, with expenses incurred in the construction of improvements and other construction amounting to $ 45,580.33 and area charges of $82,652.98 for a total cost of improvements of $368,447.21. NOW THEREFORE BE IT RESOLVED, the City Council of the City of Cottage Grove, County of Washington, State of Minnesota, as follows: 1. The net cost of such,improvements to be assessed is declared to be $368,447.21 2. The Finance Director, with the assistance of the City Engineer; Bonestroo, Rosene, Anderlik and Associates, Inc. will caiculate the proper amount to be assessed for such improvements against every assessable lot or piece of parcel or land within the district affected without regard to cash valuation as provided by law, and shail file a copy of proposed assessment roil in the City Clerk's office for pubiic inspection 3. The City Clerk shall, upon completion of such assessment rotl, notify the City Council therefor Passed this 2n day of September, 1998. John D. Denzer, Mayor Attest: Caron M. Stransky, City Clerk F:\GFtOUPS\FI NANCEW SS ESSGsandyhills8th.wkl PID PROJECT: . Sandy Hills Sth PROGRAM NO: 6,437.00 Fund 5'10 NUMBER OF LOTS: 50.00 .ONTRACT AWAP.DED: BONDSSOLD: ASSESSMENT ROLL ADOPTED: 07-Oct-98 ASSESSMENT TERM: 3 years ASSESSMENT RATE 7.00% BONDINTEREST R4TE: DEPOSIT & RCT # 10l7/98 ESTIMATE First Second COST DESCRIPTION: Utilities, gravel base (SUBDIVISION Assessment Assessment PER LOT 08/18/98 • : • • Sanitary Sewer Water Main House Services Street improvements Contract 1 Turnlane improvements Stortn Sewer Street Lighting-instaliation Sidewalk street lighting-materials Street lighting-per agreement Seal coating-per agreement $65,336.92 $30,505.00 58,679.23 37,180.00 41,747.69 18,557.50 156,756.92 92,877.00 55,574.62 28,259.00 23,730.00 13,819.00 16,240.77 7,900.00 4,530.00 4,530.00 6,586.45 6,586.40 6'10.10 743.60 371.15 1,857.54 0.00 0.00 565.18 276.38 0.00 158.00 90.60 131.73 OTHER COSTS' Capitalized Interest Engineering �� FiscallBonding/Publication Legal Testing, Row, & Other Administration Finance Engineering Admin SUB-TOTAL OTHER COSTS TOTA� A�l COSTS LESS DEPOSIT TOTAL COSTS LESS DEPOSIT AREA CHARGESr Assessed to Piat Trunk Water Area Charge Sanitary Sewer Area Charge Trunk Storm Area Charge TOTAL AREA CHARGES TOTAL ASSESSMENT ROLL $429,'182.60 $240,213.90 $0.00 4,80428 $0.00 $0.00 0.00 17.2% 73,918.12 33,179.63 663.59 1.5% 6,437.74 0.00 1.5% 6,437.74 0.00 1.0% 4,291.83 390.00 7.80 3.0°/a 12,875.48 4,804.28 0.00 96.09 2.0% 8,583.65 2,402.14 0.00 48.04 3.0% 12,875.48 4,804.28 0.00 96.09 $125,420.03 $45,58D.33 $0.00 911.61 $554,602.64 $285,79423 $0.00 5,715.88 $0.00 � �� $554,602.64 $285,794.23 $0.00 $5,715.88 $28,938.50 $28,938.50 57877 16,466.94 16,466.94 329.34 37,247.54 37,247.54 744.95 0.00 $62,652.98 $82,652.98 $0.00 1,653.06 $637,255.62 $368,447.21 $0.00 7,368.94 TOTA� ASSESSED COST 637,255.62 368,44�21 0.00 7,368.94 RESO�UTION NO. 98- RESO�UTION CALLING FOR HEARING ON PROPOSED ASSESSMENTS FOR THE HIDDEN VALLEY 7TH STREET AND UTILITY IMPROVEMENT PROJECT WHEREAS, by Resolution 9H- , passed by the City Council on September 2, 1998, the Council directed the Finance Director to prepare the proposed assessment roli for the Hidden Valley 7th Street and Utility Improvements and WHEREAS, the City Clerk has notified the Council that such assessment roll is compiete and filed in her office for public inspection. NOW THEREFORE BE IT RESOLVED, the City Council of the City of Cottage Grove, County of Washington, State of Minnesota, as follows: 1. A hearing shaif be held on the 7` day of October, 1998 at 7:30 p.m. to pass upon such proposed assessment roil. 2. The Finance Director is hereby directed to cause a Notice of Hearing on the proposed assessments to be published in the Washington County Bulletin, the official newspaper of the City, at least two (2) weeks prior to the hearing and shall state in the notice the total cost of the improvement and the proposed interest rate of 7%. The Finance Director shali cause mailed notices to be given to the owner of each parcel described in the assessment roil Passed this 2n day of September 1998. � Attest: John D. Denzer, Mayor Garon M. Stransky, City Clerk RESOLUTION NO. 98- RESOLUTION DECLARING COSTS TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT ROLL FOR HIDDEN VALLEY 7TH STREET AND UTILITY IMPROVEMENTS WHEREAS, contracts were let for Hidden Valiey 7th Street and Utility improvements and the contract price for such improvements was $223,625.08, with expenses incurred in the construction of improvements and other construction amounting to $43,406.65 and area charges of $163,108.95 less a deposit of $25,000.00 for a total cost of improvements of $405,140.68. • NOW THEREFORE BE IT RESOLVED; the City Councii of the City of Cottage Grove, County of Washington, State of Minnesota, as foilows: 1. The net cost of such improvements to be assessed is declared to be $405,140.68 2. The Finance Directo�, with the assistance of the City Engineer; Bonestroo, Rosene, Anderlik and Associates, Inc. will calculate the proper amount to be assessed for such improvements against every assessable lot or piece of parcel or land within the district affected without regard to cash valuation as provided by law, and shall file a copy of proposed assessment roll in the City Clerk's o�ce for pubiic inspection 3. The City Clerk shall, upon completion of such assessment roli, notify the City Council therefor Passed this 2n day of September, 1998. John D. Denzer, Mayor Attest: Caron M. Stransky, City Clerk G:\ASS ES S\h i d de nva I I ey7th.wk 1 PID PROJECT: PROGRAM NO: NUMBER OFLOTS: CONTR4CT AWARDED: BONDS SOLD: ASSESSMENT ROLL ADOPTED: ASSESSMENTTERM: ASSESSMENT RATE INTEREST RATE (charged): DEPOSIT & RCT # Hidden Valley 7th 6,438.00 Fund 510 37.00 07-Oct-98 3 years 7.00% c20334 9/4/97 10/7/98 $85,795.38 69,452.39 23,488.46 173,176.15 ESTIMATE First Second COST DESCRIPTION: Utilities, gravel base (SUBDIVISION Assessment Assessment PER LOT •� •� • Sanitary Sewer Water Main House Services Street improvements Contract 1 Turnlane improvements Storm Sewer Street Lighting-installation Sidewaik street Iighting-materials Street lighting-per agreement Seal coating-per agreement Hardwood Ave OTHER COSTS: Capitalized Interest Engineering Fiscal/Bond i ng/P u b I i cation legal Testing, Row, & Other Administration Finance Engineering Admin SUB-TOTAL OTHER COSTS TOTAL ALL COSTS LESS DEPOSIT TOTAL COSTS LESS DEPOSIT AREA CHARGES: Assessed to Plat Trunk Water Area Charge Sanitary Sewer Area Charge Trunk Storm Area Charge TOTAL AREA CHARGES TOTAL ASSESSMENT ROLL 57,519.23 20,238.46 22,615.38 9,600.00 3,443.00 5,428.00 30,000.00 $42,898.00 34,726.00 11,744.50 86,588.50 28,759.50 10,119.50 3,361.08 5,428.00 08/27/98 1,159.41 938.54 317.42 2,340.23 0.00 0.00 777.28 273.50 0.00 0.00 90.84 146.70 $500,756.38 $223,625.08 $0.00 6,043.92 $0.00 $0.00 0.00 18.0% 90,136.15 32,225.40 870.96 1.5% 7,561 A2 0.00 1.5% 7,561.42 0.00 1.0% 5,007.56 0.00 3.0% 15,022.69 4,472.50 0.00 120.88 2.0% 10,015.13 2,236.25 0.00 60.44 3.0% 15,022.69 4,472.50 0.00 920.88 $150,327.07 $43,406.65 $0.00 1,173.15 $651,083.45 $267,031.73 $0.00 7,217.07 $0.00 $25,000.00 675.68 $651,083.45 $242,031.73 $0.00 $6,541.40 $60,011.78 $60,011.78 1,621.94 32,086.40 32,086.40 867.20 71,010.77 �1,010.7? 1,919.21 0.00 $163,108.95 �u163,108.95 $0.00 4,408.35 $814,192.40 $405,140.68 $0.00 10,949.75 TOTALASSESSEDCOST 814,192.40 405,140.68 0.00 10,949.75 F � 7 : [•�i7 � � 1 I I I L �] � � � [ � � : I : � RESOLUTION CALLING FOR HEARING ON PROPOSED ASSESSMENTS FOR THE PINE FOREST 4 STREET AND UTILITY IMPROVEMENT PROJECT • WHEREAS, by Resolution 98- , passed by the City Council on September 2, 1998, the Council directed the Finance Director to prepare the proposed assessment roll for the Pine Forest 4�' Street and Utility and Improvement Project WHEREAS, the City Clerk has notified the Council that such assessment roll is compiete and fiied in her o�ce for public inspection. NOW THEREFORE BE IT RESOLVED, the Gity Council of the City of Cottage Grove, County of Washington, State of Minnesota, as follows: 1. A hearing shall be held on the 7'" day of October, 1998 at 7:30 p.m. to pass upon such proposed assessment roll. 2. The Finance Director is hereby directed to cause a Notice of Hearing on the proposed assessments to be published in the Washington County Bulietin, the officiai newspaper of the City, at least two (2) weeks prior to the hearing and shall state in the notice the total cost of the improvement and the proposed interest rate of 7%. The Finance Director shall cause mailed notices to be given to the owner of each parcel described in the assessment roli Passed this 2n day of September 1998. John D. Denzer, Mayor Attest: Caron M. Stransky, City Clerk RESOLUTION NO. 98- RESOLUTION DEC�ARING COSTS TO BE ASSESSED AND ORDERING PREPARATION OF PROPOSED ASSESSMENT RO�L FOR THE PINE FOREST 4 STREET AND UTILITY IMPROVEMENT PROJECT WHEREAS, contracts were let for the Pine Forest 4` Street and Utility Improvement Project and the contract price for such improvements was $139,693.16 with expenses incurred in the construction of improvements and other construction amounting to $27,022.35 and area charges for $37,098.66 less a deposit of $16,000.00 for a total cost of improvements of $188,115.28. NOW THEREFORE BE IT RESOLVED, the City Council of the City of Cottage Grove, County of Washington, State of Minnesota, as follows: 1. The net cost of such improvements to be assessed is declared to be $188,115.28 2. The Finance Director, with the assistance of the City Engineer; Bonestroo, Rosene, Anderlik and Associates, Inc. will calculate the proper amount to be assessed for such improvements against every assessable lot or piece of parcel or land within the district affected without regard to cash valuation as provided by law, and shall file a copy of proposed assessment roil in the City Clerk's office for public inspection 3. The City Clerk shall, upon completion of such assessment roll, notify the City Council therefor Passed this 2" day of September, 1998. John D. Denzer, Mayor Attest: Caron M. Stransky, City Clerk G:WSSESS\pine forest 4th.wkl PID PROJECT: PROGRAM NO: NUMBER OF LOTS: CONTRACT AWARDED: BONDS SOLD: ASSESSMENT ROLL ADOPTED: ASSESSMENTTERM: ASSESSMENT RATE INTEREST RATE (charged): DEPOSIT & RCT # Pine� Forest 4th 6,436.00 Fund 510 24.00 07-Oct-98 3 years 7.00% cr 2437/817/98 10/7/98 $52,016.92 $26,008.50 42,635.38 21,317.50 19,734.62 9,867.50 104,976.92 52,488.50 36,886.15 18,443.50 11,091.00 5,545.50 8,000.00 2,180.16 2,180.16 3,842.00 3,842.00 ESTIMATE Fiwt Second COST DESCRIPTION: Utilities, gravel base (SUBDIVISION Assessment Assessment PER LOT • - • • �� Sanitary Sewer Water Main House Services Street Improvements Contract 1 Turnlane improvements Storm Sewer Street Lighting-installation Sidewalk street lighting-materials Street Iighting-per agreement Seai coating-per agreement OTHER COSTS Capitalized Interest Engineering Fisca I/Bond i ng/P u bl i cation Legal �Testing, Row, & Other Adminisiration Finance Engineering Admin SUB-TOTAL OTHER COSTS TOTAL ALL COSTS LESS DEPOSIT TOTAL COSTS LESS DEPOSIT AREACHARGES: Assessed to Plat Trunk Water Area Charge Sanitary Sewer Area Charge Trunk Storm Area Charge TOTAL AREA CHARGES TOTAL ASSESSMENT ROLL 08/27/98 1,083.69 888.23 411.15 0.00 2,187.02 0.00 768.48 231.06 o.00 0.00 90.84 160.08 $281,363.16 $139,693.16 $0.00 5,820.55 $0.00 $0.00 0.00 15.9% 44,652.33 20,338.80 847.45 1.3% 3,517.04 0.00 1.3% 3,517.04 0.00 1.0% 2,813.63 0.00 3.0% 8,440.89 2,793.86 0.00 116.41 2.0% 5,627.26 1,396.93 D.00 5821 3.0% 8,440.89 2,793.86 0.00 116.41 $77,009.10 � $27,323.46 $0.00 1,138.48 $358,3�2.26 $167,016.62 $0.00 6,959.03 $0.00 $16,000.00 666.67 $358,372�.26 $151,016.62 $0.00 $6,292.36 $12,989.00 $12,989.00 541.21 7,391.16 7,391.16 307.97 16,718.50 16,718.50 696.60 0.00 $37,098.66 $37,098.66 $0.00 1,545.78 $395,470.92 $185,115.28 $0.00 7,838.14 TOTAL ASSESSED COST 395,470.92 188,115.28 0.00 7.838.14