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File #: 19-1012    Version: 1 Name: 6/17/19 Resolution Authorizing Trunkline Storm Sewer Improvement Charges for 2250 Ann Arbor-Saline Rd. ($49,884.85)
Type: Resolution Status: Passed
File created: 6/17/2019 In control: City Council
On agenda: 6/17/2019 Final action: 6/17/2019
Enactment date: 6/17/2019 Enactment #: R-19-269
Title: Resolution Authorizing Trunkline Storm Sewer Improvement Charges for 2250 Ann Arbor-Saline Rd. ($49,884.85)
Title
Resolution Authorizing Trunkline Storm Sewer Improvement Charges for 2250 Ann Arbor-Saline Rd. ($49,884.85)
Memorandum
Your approval is requested to levy storm sewer trunkline improvement charges totaling
$49,884.85 on the property commonly known as 2250 Ann Arbor-Saline Rd. This parcel was annexed in 2016.

City of Ann Arbor Code section 1:279, Chapter 12, requires the property owner to pay the property's share of the local public improvements through the City Improvement charge. The $49,884.85 Trunkline Storm Sewer Improvement Charge is to be levied and then made payable in 15 annual installments and will accrue interest at 3.06468% per annum on the unpaid balance.

The trunkline storm sewer was constructed by the city in 1972.

It is therefore recommended that Council levy this Improvement charge according to the terms described above.
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 City constructed a Trunkline Storm Sewer in 1972 located in Ann Arbor - Saline Road, which is a part of the City's Storm Sewer System;

Whereas, The property at 2250 Ann Arbor-Saline Road annexed into the City of Ann Arbor on January 28, 2016, as notified by the State of Michigan;

Whereas, Improvement charges for the trunkline storm sewer in Ann Arbor - Saline Road constructed in 1972 are due. Cost forwarded improvement charges are: $4,624.6205/acre * 5.34 acres * 2.02 cost forwarding factor = $49,884.85 for 2250 Ann Arbor-Saline 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
that is specifically benefited by the above improvements:

...

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