Title
Resolution Authorizing Sanitary Sewer and Water Improvement Charges for 2550 Emerald Avenue ($13,110.41)
Memorandum
Your approval is requested to levy sanitary sewer and water improvement charges totaling $13,110.41 on the property known as 2550 Emerald Av. This vacant parcel was annexed 9/28/05.
According to current procedures, the property owner needs to now pay the property's share of the existing utilities through the City improvement charge levy as required under section 1:278(6), Chapter 12, of the Ann Arbor Code. The $13,110.41 Utilities Improvement Charge is to be levied and then made payable in 11 annual installments. The sanitary sewer portion will accrue interest at 3.393% interest per annum on the unpaid balance. The water main portion will accrue interest at 2.999% interest per annum on the unpaid balance.
The sanitary sewer main in Emerald Av. was constructed by the City in 1969. The water main in Emerald Av. was constructed by the City in 1968.
It is therefore recommended that Council levy these improvement charges according to the terms described above.
Staff
Prepared by: Jean Pearson, Customer Service Supervisor
Reviewed by: Craig Hupy, Public Services Area Administrator
Approved by: Steven D. Powers, City Administrator
Body
Whereas, The City owns improvements described as follows:
Parcel ID 09-12-03-223-014 (2550 Emerald Av.)
Sanitary Sewer:
Sanitary Sewer Main constructed in Emerald Av. in 1969.
Calculated and adjusted as set forth per Section 1:278(6)D.3 of City Code
Net Sanitary Sewer Improvement Charge $ 8,461.87
Water Main:
Water Main constructed in Emerald Av. in 1968
Calculated and adjusted as set forth per Section 1:278(6)D.3 of City Code
Net Water Improvement Charge $4,648.54
TOTAL OF IMPROVEMENT CHARGES: $13,110.41
Whereas, The owner of 2550 Emerald Av. will be provided with sanitary sewer and water service; and
Whereas, Pursuant to Section 1:278, Chapter 12, o...
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