Title
Resolution Authorizing Water Capital Recovery Charges for 1015 Newport Rd. ($2,696.00)
Memorandum
Your approval is requested to levy water capital recovery charges totaling $2,696.00 on the property known as 1015 Newport Rd. This parcel was split from parent parcel 1005 Newport Rd. in 2018.
City of Ann Arbor Code section 1:278, Chapter 12, requires the property owner to pay the property’s share of the existing utilities through the City Capital Recovery charge. The $2,696.00 Water Capital Recovery Charge is to be levied and then made payable in 3 annual installments and will accrue interest at 2.8384% per annum on the unpaid balance.
It is therefore recommended that Council levy this capital recovery charge according to the terms described above.
Staff
Prepared by: Michael J. Pettigrew, City Treasurer
Reviewed by: Tom Crawford, Financial Services Area Administrator and CFO
Approved by: Howard S. Lazarus, City Administrator
Body
Whereas, The water main located in Newport Road is a part of the city’s water system;
Whereas, The owner of the real property commonly referred to as 1015 Newport Rd. (which has a Parcel ID No. 09-09-19-404-034) connected to that Water Main on or about December 30, 2019;
Whereas, Pursuant to Chapter 27 (Section 2:22b) of the City Code, a property that newly connects to the City’s Water System is required to pay a Water Capital Recovery Charge in accordance with the Code;
Whereas, The net (and total) Water Capital Recovery Charge for such connection, calculated as set forth per Section 2.22b(3) of Chapter 27 of City Code, is
$2,696.00; 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 capital is levied against certain properties and the fair share for this property has not been previously paid;
RESOLVED, That Council levy a capital recovery charge against the following property which is specifically benefited by the above improvements:
Property Address: 1015 Newport Rd
City Assessor Code: 09-09-19-404-034
PART OF THE SOUTHEAST QUARTER OF SECTION 19, TOWN 2 SOUTH, RANGE 6 EAST, CITY OF ANN ARBOR, WASHTENAW COUNTY, MICHIGAN, DESCRIBED AS: BEGINNING AT THE NORTHEAST CORNER OF LOT 15 OF "WESTRIDGE A SUBDIVISION, AS RECORDED IN LIBER 11 OF PLATS, PAGE 28, WASHTENAW COUNTY RECORDS,Ú THENCE ALONG THE NORTH LINE OF SAID LOT 15, NORTH 89"27'30" WEST 70.00 FEET,Ú THENCE NORTH 00Ø32'30" EAST 60.00 FEET,Ú THENCE ALONG THE SOUTH LINE OF LOT 14 OF SAID ''WESTRIDGE SOUTH 89"27'30" EAST 70.00 FEET TO THE SOUTHEAST CORNER OF SAID LOT 14,Ú THENCE CONTINUING SOUTH 89"27'30" EAST 181.50 FEET,Ú THENCE ALONG THE CENTERLINE OF NEWPORT ROAD, SOUTH 00Ø32'30" WEST 60.00 FEET,Ú THENCE NORTH 89"27'30" WEST 181.50 FEET TO THE NORTHEAST CORNER OF SAID LOT 15 AND TO THE POINT OF BEGINNING. CONTAINS 15,090 SQUARE FEET. SUBJECT TO THE RIGHTS OF THE PUBLIC OVER THE WEST 33.00 FEET OF NEWPORT ROAD. SUBJECT TO EASEMENTS AND RESTRICTIONS OF RECORD. SPLIT/COMBINED ON 10/03/2018 FROM 09-09-19-404-022;.
RESOLVED, That the full capital recovery charge levied is $2,696.00;
RESOLVED, That this capital recovery charge be divided into 3 equal installments with the first installment to be due on July 1, 2020, and the 2 subsequent installments to be due on July 1 of each and every year thereafter, with the deferred installments of the capital recovery charge to bear interest at the rate of 2.8384% per annum on water;
RESOLVED, That the Treasury 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
RESOLVED, That this levied capital recovery charge be invoiced to the owner, BIOGRADLIJA A & CAMO-BIOGRADLIJA J, of the property known as 1015 Newport Rd., City of Ann Arbor, Washtenaw County, Michigan 48103, and to be credited in the amount of $2,696.00 to Fund 0042-070-1000-0000-7145.