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1k Approve Settlement Agreement, Empak Assessments i~ CITY OF CHANHASSEN MEMORANDUM TO: Don Ashworth, City Manager )0 [;0' Center Driue, PO Box 147 FROM: Ow/hassen, MilllIeiota 55317 Phone 612.9311900 DATE: Geneml Fax 612.9375739 ~Ilgil/eeril/g Fax 612.9379152 SUBJ: )lIblic Saft0' FI/x 612.934.2524 Web li'lUlU.ci. Chl/ilhamll.lI/il. iii Todd Gerhardt, Assistant City Manager . I '\ G (}~" October 21, 1998 Approval of Stipulation of Settlement Agreement with Empak Attached for the city council's approval is the Stipulation of Settlement Agreement with Empak and County 17, Chanhassen Partnership. The stipulation calls for a reduction of the assessment by 50% from $157,103.37 to $78,500. The payment schedule is as follows: 1. $7,708.81 by October 1,1998 2. $7,708.81 by October 1, 1999 3. $32,447.22 by paying the 1998 special assessment installment with their taxes. 4. $30,635.16 by paying the 1999 special assessment installment with their taxes. $78,500.00 Total RECOMMENDATION Staff would recommend approval of the Stipulation of Settlement Agreement with Empak, Inc., abating $78,603.37 in special assessments for Project 93-29. ATTACHMENTS 1. Stipulation of Settlement Agreement g:\admin\tg\empak settlement.doc Ci(Y ofClJtwhasseu. A growing COll/IlIlIl/it)' with clel!!! llkc.', tj!idi~l' i! c!;m7llillg dowlltOIl'II, thrilling bwiwJi'es, ad beallti(zd pmks. A yi'Ci11 place to lire, li'Oi'f., I/lId f!ll)~ 10/19/98 MON 12:05 FAX 612 452 5550 CAMPBELL +H CHANHASSEN 141 OO~ CANiPBELL KNUTSOM' Prnfessimull Associ<1tinn Atwrneys at Law Septein~er 24, 1998 .Itll:.:1 J. J,unnik t\n,ln;,~ ~"Id\m'dl h,<,hkr ~hmhe\\' K. 6n,kV j"hn F. Kdly t..hmhc,t\..j. F'lli M.lrglll:ritc' M. MI.:CltTl1n ()~l'r\1~ T. Srephc'n';'1n .AL"oI (i'_'~II:'~',J Hi \'Cj\~.' .no.:i,; Th"mas J. C;lmrbdl Rl,~~r N. Kml(Sl1n Thlll1las M. Scott ElIion B. Kn~(sch Sl1<~~an Lt':<, P,l(.C~ (651) 452-5000 F<1x (651) 452-5550 Mr. Don Ashworth City Manager City of Chanhassen 690 City Center Drive Box 147 Chanhassen, MN 55317 Re: Empak, Inc., et at vs. City of Chanhassen Dear Don: Enclosed please find two copies of a Stipulation of Settlement in the above matter which have been signed by Mr. Bongard on behalf of Empak and County 17, Chanh..l\.ssen Partnership. The settlement provides for a reduction of the assessment by 50 % from $157,000 to $78,500. As spelled out in Paragraph 1 of the Stipulation, the $78,500 will be paid by the property owner continuing to make the payable 1998 and payable 1999 special assessment installments under the original assessment, together with additional cash payments of $7,708.81 on October 1 of this year and October 1 of 1999. After that point, the balance of the original assessment would be abated since the settlement amount of $78,500 would have been paid in full. We recommend approval of the settlement based on our preliminary appraisal information and considering the extensive attorney's fees and other costs involved in going to court, the chances of the City coming out better than this settlement are slim. Please call if you have any questions. Best regards, CAMPBELL KNUTSON Professional Association \~ By: 1J~ Thomas M. Scott TMS:cjh Enclosure Suite 317 . Eagandale Office Center. 1380 Corporate Center Curve · Eagan, t-/1N 55121 10/19/98 MON 12: 05 F.U 612 452 5550 "~ ( . . "-. CA~fPBELL ...;.-H CHAKHASSEN I4J 003 STATE OF MINNESOTA DISTRICT COURT COUNTY OF CARVER FIRST JUDICIAL DISTRICT CASE TYP;E: APPEAL Empak~ Inc.. a Minnesota corporation, and County 17, Chanhassen,la Minnesota general partnership, . Court File No. CO-97 -2009 Appellant, vs. STIPULATION OF SETTLEMENT City of Chanhassen, Respondent. Appellants Empak, Inc. and County 17, Chanhassen and Respondent City of Chanhassen stipulate and agree as follows: 1. Appellants will pay the following amounts: a. $7,708.81 on October 1, 1998; b. $7,708.81 on October 1, 1999; c. $32,447.22 by paying the payable 1998 special assessment instalhnent; and d. $30,635.16 by paying the payable 1999 special assessment installment; for a total payment of $78,500.00. 2. Upon paying the amounts detailed in paragraph 1 above the balance of the special assessment for Lot 1, Block 1, EMPAK ADDITION (PIN 25-2710010) in the original principal amount of $157,103.37 for Project 93-29 adopted by the Chanhassen City Council on November 24, 1997 will be abated in its entirety. 10/19/98 MON 12:06 FAX 612 452 5550 CAMPBELL -HH CHANHASSEN I4l 00-1 --- .~. 3 . Upon executing this agreement, the parties through their respective attorneys will flie with the Court a Stipulation of Dismissal with Prejudice. Dated: , 1998. Dated: , 1998. CITY OF CHANHASSEN I BY: Nancy K. Mancino, Mayor EMPAK, INC. BY:~ Arc AND Don Ashworth, City Manager/Clerk COUNTY 17, CHANHASSEN BfI!r~ I ' 2