HomeMy WebLinkAboutResolution No. 2011-003 RESOLUTION 2011 -3
BEING A RESOLUTION APPROVING THE CONTRACT FOR SEWER AVAILABILITY
CHARGE TIME PAYMENT AGREEMENT FOR 4040 CENTRAL AVENUE NE
WHEREAS, James Wetch Jr., owner of property at 4040 Central Ave. NE, has made significant
renovations to an existing pool hall to convert a portion of the space to a restaurant, and
WHEREAS, the owner has received notice from the Metropolitan Council that the sewer availability
charges that must be paid for the operation of the facility totals $26,760.00, and
WHEREAS, the owner is seeking from the City some form of temporary remedy, and
WHEREAS, the City desires for this long standing business to be successful in their expansion, and
WHEREAS, the owner has already invested a significant amount of proceeds into the business, and
WHEREAS, the City has the ability to pay the entire sewer availability charges up -front with City -wide
credits, resulting in no cash outlay, and
WHEREAS, the owner of the property will enter into an Agreement, dated January 25, 2011, that will
prescribe the process of repaying the City the $26,760.00, with 2% interest, over a two year time frame,
and
WHEREAS, the time payment is secured through the local improvement process,
NOW, THEREFORE, BE IT RESOLVED
The City Council authorizes the Mayor and City Manager to sign "Contract For Sewer Availability
Charge Time Payment Agreement dated January 25, 2011.
Approved this 24 day of January 2011
Motion by: Diehm
Seconded by: Schmitt
Roll Call: Ayes: Peterson, Nawrocki, Diehm, Schmitt Absent: Williams
Mayor Gary Pdt rson
Attest:
a y Muscovitz, C1V IC City'srk