City of
Common
Council Report
Meeting
Date: 04/15/08
Item
No.:
Recommendation: That
the Common Council authorize the write-off of deferred
special assessments for Tax Key #829-9000-001, the City Streets Department
Garage Site at
Background: The Council has approved a reconstruction and
renovation project for the Streets Department Garage building, and the project
is about to get underway. The parcel on
which the garage is located has deferred assessments for Infrastructure
improvements made in the past. Those
deferred assessments, in accordance with their authorizing resolutions, become
due and payable upon certain conditions, one of which is the issuance of a
building permit. The assessments against
the property reflect installation of watermain, laterals
& appurtenances under Projects 94394 and 97199.
Because
the City is now building, it is appropriate for the Council to authorize the
write-off of the amount of outstanding deferred assessments.
Fiscal Impact:
Deferred
assessments totaling $19,106.98 would not be received as revenue to the Special
Assessment Fund.
|
Prepared by & Fiscal Review by: Beverly A. Buretta, CMC City Clerk |
Respectfully submitted, Patrick DeGrave City Administrator |