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1h-3. Pioneer Pass 2nd Addition Assessment ReapportionmentCITY OF CAANHASSEN 7700 Market Boulevard PO Box 147 Chanhassen, MN 55317 Administration Phone: 952.227.1100 Fax: 952.227.1110 Building Inspections Phone: 952.227.1180 Fax: 952.227.1190 Engineering Phone: 952.227.1160 Fax: 952.227.1170 Finance Phone: 952.227.1140 Fax: 952.227.1110 Park & Recreation Phone: 952.227.1120 Fax: 952.227.1110 MEMORANDUM TO: Paul Oehme, Public Works Director /City Engineer'�.� FROM: Alyson Fauske, Assistant City Engineer DATE: December 12, 2011 SUBJECT: Pioneer Pass 2 Addition Assessment Reapportionment Project No. 11 -08 PROPOSED MOTION "The City Council approves the assessment reapportionment for Pioneer Pass 2nd Addition. City Council approval requires a simple majority vote of the City Council present." On September 13, 2010 the City Council approved the reapportionment.of three assessments on the parent parcel of the Pioneer Pass development. The deferred assessments (with interest calculated to December 12, 2011) applicable to this phase are summarized as follows: Recreation Center 1. 2005 MUSA Area Expansion: $183,408.03 2310 Coulter Boulevard 2. Bluff Creek Boulevard Improvements: $615,451.48 Phone: 952.227.1400 3. Highways 101 and 212 /Lyman Blvd improvements: $114,938.97 Fax: 952.227.1404 Phone: 952.227.1300 final plat approval to the time of recording the plat and assessment reapportionment Planning & Staff proposes to reapportion the $913,798.48 in assessments to the 53 lots within the Natural Resources Pioneer Pass 2nd final plat as follows: Phone: 952.227.1130 Fax: 952.227.1110 $913,798.48 _ 53 units = $17,241.48/unit Public Works 7901 Park Place These assessments are for 7 years at 6% interest. Interest accrued from the time of Phone: 952.227.1300 final plat approval to the time of recording the plat and assessment reapportionment Fax: 952.227.1310 resolution will be added to the per lot assessment. Senior Center The letter of credit for Pioneer Pass 2nd shall include $913,798.48 for the Phone: 952.227.1125 assessments within the plat. Fax: 952.227.1110 Web Site www.ci.chanhassen.mn.us Attachment: Resolution g:\eng \projects \p -s \pioneer pass 2nd (&a peterson property) \12 -12 -2011 assessment reapportionment. doe Chanhassen is a Community for Life - Providing for Today and Planning for Tomorrow CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: December 12, 2011 RESOLUTION NO: 2011- MOTION BY: SECONDED BY: RESOLUTION APPROVING THE ASSESSMENT REAPPORTIONMENT FOR PIONEER PASS 2ND ADDITION WHEREAS, the City Council is recommended to adopt a resolution reapportioning the assessments per the attached memo dated December 12, 2011. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Chanhassen that the resolution reapportioning the assessments per the memo attached hereto and made a part hereof, be approved. Passed and adopted by the Chanhassen City Council this 12 day of December, 2011. ATTEST: Todd Gerhardt, City Manager Thomas A. Furlong, Mayor YES NO ABSENT