HomeMy WebLinkAboutRESOLUTION 1990-13Suggested by: Adm~nistration
City of Kenai
RESOLUTION NO. 90-13
A RESOLUTION OF THE COUNCIL OF THE CITY OF K~NAI, ALASKA CONFIRRING THE
ASSESSMENT ROLL ON THE LAWTON DISTRICT AND FIXING PAYMENT.
WHEREAS, a public hearing has been held on the final assessment roll for the
Lawton Pay!hq Assessment D/strict; and
WHEREAS, Council finds that the assessment roll is proper.
NOW, THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE CITY OFKENAI, ~ff~SKA, that:
Sec~i~9~l: The assessment roll attached to this Resolution is confirmed
by the Council.
Section 2: Assessments as identified on the assessment roll shall be
lev/ed against the propert/es in the Assessment District and are to be used'to
repay the general fund.
Set,lon .~.: Pal~aents shall be due in lump sum on. or before~May:.15., 1990,
without interest. Payments will be delinquent if not received by the City by
June 15, 1990. Delinquent assessments will be charged a penalty of 10%, plus
interest of 10% per Year, computed until paid.
PASSED BY THE COUNCIL OF TH~CITYOF KENAI, ALASKA, this 7th day of March, 1990.
ATTEST':
Approved by Finance:
(2/28/90)
MEMORANDU
TO :' Kenai .City Council
FROM': Charles A. Brown, Finance Director
DATe: February 28, 1990
SUBJECT: ASSESSMENTS
At the March 7, 1990, Council meeting, you will consider four resolutions that
adopt finales, easement rolls. Procedures for these actions are set out in KMC
16.10.130 and 16,10.140. .
You will not~ that each resolution calls for lump sum payments, due May 15,
1990, and delinquent June 15, 1990. This payment method was suggested by the
administration at the beginning of the assessment process a year ago.
Summary information follows=
TOTAL NUMBER
ASSESSED OF
... CO.8TS PARCELS
Candlelight $ 41,943 135
Lawton 7,996 12
E. Altak 21,973 71
ViP ...31. f833 .!!3
$103.74~ ~
AVERAGE
, SSESS , TS
$ 311
666*
282
313
........... The_average as.sessment..is about $300. *(Note. that the hawton_assessment is .......
overstatedl $4,246 of the $7,996 assessment is on City of Kenai land. If we
- subtract the-City, assessment~ the average-aSsessment is only'S341.) There are
only three non-government assessments that exceed $1,000;
An installment.payment schedule would result in substantial administrative
costs, for very little bene£1t. Computer programs would need to be written,
'records would need to be manually established for 331 accounts, and billing,
. payment, and delinquent billing would occur over a designated number of years.
! believe the billing and collection costs would exceed the benefit to the
taxPaYers.
! advise against consideration of allowing a multiple payment schedule for
selected accounts., such as for individuals-who.own several properties on the
assessment roll(s). Ownership changes over time. Preferential treatment based
upon'ownerShip will complicate billing and cause interpretation problems when
ownership changes.
If for some reason I lose this argument, and Council decides to allow, multiple
payment schedules, each reSolUtion should be amended in Section 3 as follows:
" _ SectiOn3=... Payments shall be fixed'oVer a '
.. , year period,
with annual payments due beginning ~prtl-l, 1991. Payments shall
be delinquent tf not .received 'by ~tay 1, of each year. 'Annual
payments shall be: in equal' insta!lments,'.:tncludlng"lO.0% annual
interest. Delinquent installments will be charged'a penalty
ten (lO%)'perCent on the entire installment, along with additional
intereSt.accruing at the rate of 10.0% per year on the principal
portion of the installment.
~F,~O\ASSEssgO'.DOC