Title
Resolution Authorizing Sanitary Sewer and Water Improvement Charges for 2011 E. Stadium BLV. ($18,028.56)
Memorandum
Your approval is requested to levy sanitary sewer and water improvement charges totaling $18,028.56 on the property known as 2011 E. Stadium BLV. This vacant parcel has been in the City since at least 1964.
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 $18,028.56 Utilities Improvement Charge is to be levied and then made payable in 15 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 E. Stadium BLV. was constructed by the City in 1937. The water main in E. Stadium BLV. was constructed by the City in 1960.
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: Matthew V. Horning, Treasurer
Approved by: Steven D. Powers, City Administrator
Body
Whereas, The City owns improvements described as follows:
Parcel ID 09-09-33-438-010 (2011 E. Stadium BLV.)
Sanitary Sewer:
Sanitary Sewer Main constructed in E. Stadium BLV. in 1937
Calculated and adjusted as set forth per Section 1:278(6)D.2 of City Code
Net Sanitary Sewer Improvement Charge $ 12,991.44
Water Main:
Water Main constructed in E. Stadium BLV. in 1960
Calculated and adjusted as set forth per Section 1:278(6)D.2 of City Code
Net Water Improvement Charge $5,037.12
TOTAL OF IMPROVEMENT CHARGES: $18,028.56
Whereas, The owner of 2011 E. Stadium BLV. will be provided with sanitary sewer and water service; and
Whereas, Pursuant to Section 1:278, Chapter 12, of the Code of the City of Ann Arbor, the fair share of the cost of said improvements is levied against certain properties and the fair share for this property has not been previously paid nor contracted for.
RESOLVED,
1. That Council levy an improvement charge against the following property which is specifically benefited by the above improvements:
Property Address: 2011 E. Stadium BLV.
City Assessor Code: 09-09-33-438-010
LOT 53 FRISINGER LAND COMPANYS FIRST SUB;
2. That the improvement charge levied is $18,028.56;
3. That this improvement charge is divided into 15 equal installments; the first installment to be due on June 1, 2015, and the 14 subsequent installments to be due on June 1 of each and every year thereafter, with the deferred installments of the improvement charge to bear interest at the rate of 3.393% per annum on sanitary sewer portion and 2.999% on the water main portion commencing June 1, 2015;
4. That the Public Services Area be directed to send a copy of this resolution by electronic mail or first class mail to the owners of the property and to promptly have this resolution recorded in the office of the Register of Deeds of Washtenaw County, Michigan; and
5. That this levied improvement charge is to be invoiced to the owner, Trowbridge Homes of Centennial, LLC, of the property known as 2011 E. Stadium BLV., City of Ann Arbor, Washtenaw County, Michigan 48103, and to be credited in the amount of $12,991.44 to Fund 0043-078-8000-0000-7151 and $5,037.12 to Fund 0042-078-8000-0000-7151.