Title
Resolution Authorizing Storm Sewer Improvement Charges for 2965 Kimberley Rd. ($3,768.15)
Memorandum
Your approval is requested to levy storm sewer improvement charges totaling $3,768.15 on the property known as 2965 Kimberley Rd. This parcel was annexed in 2017. The storm sewer main was constructed by the city in 1972.
City of Ann Arbor Code Chapter 12, Section 1:279, levies against newly-annexed properties their fair share of the cost of local public improvements that benefit them in the form of a local improvement charge. It is therefore recommended that Council levy this improvement charge in an amount equal to $3,768.15, which may be paid in 4 annual installments, with interest accruing at 3.06% per annum on the unpaid balance.
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Staff
Prepared by: Michael J. Pettigrew, Deputy Treasurer
Reviewed by: Tom Crawford, Financial Services Area Administrator and CFO
Approved by: Howard S. Lazarus, City Administrator
Body
Whereas, The property at 2965 Kimberley Road annexed into the City of Ann Arbor on September 26, 2017;
Whereas, Improvement charges for the storm sewer in Packard Road constructed in 1972 are due. Cost forwarded improvement charges are: $626.98*6.01 (cost forwarding factor) = $3,768.15 for 2965 Kimberley Road; and
Whereas, Pursuant to Section 1:279, Chapter 12, of the Code of the City of Ann Arbor, the fair share of the cost of said improvement is levied against certain properties and the fair share for this property has not been previously paid;
RESOLVED, That Council levy an improvement charge against the following property which is specifically benefited by the above improvements:
Property Address: 2965 Kimberley Rd.
City Assessor Code: 09-12-03-305-084
COM AT THE SE COR OF LOT 10,KIMBERLEY HILLS, A RECORDED PLAT, TH S'LY 515 FT IN THE S'LY PROLONGATION OF THE E LINE OF SAID PLAT FOR A PL OF BEG, TH S'LY 191.09 FT INTHE LAST MENTIONED COURSE, TH DEFL 1...
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