ADMINISTRATION- Erik Thorvig, Economic Development Coordinator
Title
ORDER ASSESSMENT AND CALL FOR PUBLIC HEARING FOR FIRE SUPPRESSION WORK FOR BLAINE LOCK AND SAFE AT 10136 SUNSET AVENUE
Schedule of Actions
|
City Council (Order Assessment and Call for Public Hearing) |
8/16/18 |
|
City Council (Hold Public Hearing and Adopt Assessment) |
9/6/18 |
|
EDA (Approve expenditure for Fire Suppression) |
9/6/18 |
Background
Blaine Lock and Safe purchased the building at 10136 Sunset Ave in December, 2017. They purchased the building to relocate their business from their current location at 121st Ave. and Highway 65. The owners are remodeling the building which requires fire suppression. Due to lack of equity in the building because of low value, the business is having difficulty securing the necessary bank financing to complete both the building remodel and fire suppression. Staff proposed the option of financing the fire suppression through a combination of the fire suppression grant program and a special assessment. A similar arrangement was done five years ago for Companion Veterinary Hospital on County Road 10.
The total project cost to add the fire suppression system, based on bids obtained by the applicant is $62,578. The fire suppression grant program would pay up to $25,000 with the remaining $37,578 financed through a special assessment. The special assessment has a 10 year term at 5% interest. The initial fire suppression cost would be paid from the EDA general fund, with the fund being paid back the assessed amount over the 10 year period with interest.
Recommendation
By motion, approve the Resolution.
Body
WHEREAS, Blaine Lock and Safe owns the property at 10136 Sunset Avenue described as PIN # 21-31-23-44-0007 and is desiring to make improvements to the building that requires fire suppression; and
WHEREAS, the owner of said property has requested financial assistance in the form of a special assessment to install a fire suppression system on said property; and
WHEREAS, the owner of said property has entered into an Agreement for Levy of Special Assessments and Waiver of Right to Appeal Levied Special Assessments for the installation of a fire suppression system; and
WHEREAS, the cost of the system to be installed, based on bids obtained by the property owner, is $62,578 with $37,578 of that portion to be special assessed, plus a $250 assessment fee, once the owner completes the work.
NOW, THEREFORE, BE IT RESOLVED that the Blaine City Council as follows:
1. The total cost of improvements (fire suppression system) is estimated at $62,578.
2. The amount to be assess is hereby declared to be $37,578. An EDA matching fire suppression grant of $25,000 will also be applied toward the cost of the improvements.
3. The city manager shall forthwith calculate the proper amount to be specially assessed for the improvements against the property at 10136 Sunset Ave. described as PIN # 21-31-23-44-0007, within the City of Blaine, as provided by law, and shall file a copy of such proposed assessment in his office for public inspection.
4. A hearing shall be held on the 6th day of September, 2018 in the Council Chambers of Blaine City Hall at 7:30pm, or as near a time possible, and at such time and place all interested persons owning property affected by the proposed special assessment shall be given the opportunity to be heard with reference to such assessment.
5. The City Manager shall give published and mailed notice of such hearing as required by law.
PASSED by the City Council of the City of Blaine this 16th day of August, 2018.