City Council Meeting Date: July 5, 2015
To: Mayor and City Council
City Administrator
From: David E. Bennett, P.E., Public Works Director/City Engineer
Subject:
TITLE
Consideration to Adopt Findings Related to Assessment Objection for Woodley Street Reconstruction City Project 2013STRT - A18.
BODY
Action Requested:
The Northfield City Council approves findings related to the assessment objection from Edgewood Townhomes as part of the Woodley Street Reconstruction, City Project 2013STRT- A18.
Summary Report:
At the public hearing on June 21, 2016, the president of the Edgewood Townhome Association appeared before the Mayor and City Council and objected to the assessment amount of $12,670.02. At the meeting the public hearing was closed for all properties with the exception of Edgewood Townhomes and 820 Woodley Street E.
Due to the continuation of the public hearing, state statutes require a resolution that describe findings and actions.
Staff is recommending the City Council consider the resolution to pass on the objection that was raised by the property owners from Edgewood Townhomes, based on the findings provided below.
The estimated market value of the land versus the assessment amount is shown in Attachment 3. The average was found to be 14%. The Edgewood Townhomes were found to have a 5.2% rate which is below the average and if you were to take into account the assessment from Winona Street this would increase this rate to 8% which is still below the average.
The City hired a licensed certified general real property appraiser to conduct a benefit appraisal and identified a benefit to the Edgewood Townhome properties of $14,200.00, which is above the actual amount proposed for assessment to the properties of $12,670.09.
Alternative Options:
If Council has other findings, they can revise the proposed assessment amount.
Financial Impacts:
To be determined based on whether the assessment amount is adjusted.
Tentative Timelines:
A...
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