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HomeMy WebLinkAbout2008-07-08 Ltr - Attachement 41181881 Certified Filed and /or recorded on: 12/11/2007 4 ;32 PM 1181881 Certificate v.: 64778 Office of the Registrar of Titles Return to: Property Records & Taxpayer l Services R Washington County, FIRST AMERICAN T rrl_ i�- i�,�ic. {:�f_�.L:: MALL iJoo MIDWEST PLAZA 't' `'� � �i�1 .1 {'c�f13l(�. County )�t�c:c�t'c��'t' 801 r�1C:C3L.1.[:.'i MALL i' INNI APOL.IS MN 55402 Receipt ;36154 AGR '46.00 AGREEMENT FUR PAYMENT OF CITY SERVICES THIS A_GR1EMENT FOR PAYMENT FOR CITY SERVICES (this ` {Agreement ") was made as of :ile I of December, 20007 by and between The City of Oak Park Heights, a municipal corporation under the laws of the State of Minnesota (the "City ") and Valley Senior Services Alliance, a Minnesota corporation., VSSA Care Center, LLC, a Minnesota Limited Liability Company and VSSA Boutwelis Landing, LLC, a Minnesota Limited Liability Company (the "Developers "). WHEREAS, the Developers has made application to the City for approval of a project (the "Project") within the corporate limits of the City; and WHEREAS, a copy of a legal description of the Land is attached hereto as Exhibit A; and, WHEREAS, :H.EREAS, the Developers has agreed to make certain payments to the City in lieu of real property taxes affecting certain portions of the development (the "Development") ment ") that has been proposed by the Developers for the Land that has or is anticipated to have tax exempt status. NOW, THEREFORE, in consideration of the premises and of the mutual promises and conditions hereinafter contained, it is hereby agreed as follows: Section 1,O.1. Representation by the City, The City makes the fti llowing representations as the basis for its undertakings herein: (a) The City is a municipal corporation duly organized and existing under the laws of the State of Minnesota, (b) The execution, delivery and performance of this Agreement by the City does not violate any agreement, law, rule., regulation or any court order or judgment in any litigation to which the City is a party or by which it is bound. (c) AGREEMENT FOR PAYMENT FOR CITY SERVICES ............ WITNESSETH: ARTICLE 1 REPRESENTATIONS ETC. The City has been duly authorized to enter into this Agreement and to perform the terms hereof. Section. 102. Representations by the Developers. The Developers mal <es the following representations, warranties and covenants: "'i l:", F U i" N TO: NCS,:,___Wir,'4. ;-)o() Midwest Plaza West 801 Nicollei Mali Minneapolis, MN 55402 (a) The Developers is a corporation duly organized and existing non-profit corporation under the laws of the State, of Minnesota with tax exempt status. (b) There is no litigation lending, or to the best of its knowledge threatened, against the Developers affc;ct:i.ng its ability to develop and operate the Development or to carry out the terms of this Agreement, ARTICLE 11 TAX EXEMPTION Section 2.01 Exempt Status. The l)eveloi e ... s! H ha ry the rift t, at any time, following or during the construction of portions o ;:l: =`aa ;: :' _ t_ f , I , e Development, to apply for exemption for some or all of the Care Centc �:1 c, 1 ti cm o l the l) s'elopnient from real property taxation in accordance with applicable Minnesota laws, and the City agrees to acquiesce in such application, providing the Developers is not then in default hereunder. ARTICLE 1 . PAYMENT FOR CITY SERVICES Section 3.01, C.it ,Sgivices. The City hereby agrees to provide the Developers with all of the services that it provides to property owners and the public in general within the City limits, including, without ]imitation police 'protection and fire protection services (referred to generally as "Municipal Services"). Section 3.02. Payment for Municipal Services, in each calendar year i.n which no property taxes are payable with respect to any portion of the Development because of a granted exemption, the Developers shall make a payment in lieu of taxes to the City equal to the amount the City would have received if that portion of the Development inclusive areal estate and improvements thereto (the "Exempt Property") were not exempt from property taxation and the market value of the Exempt property was determined in accordance with the provisions hereof The Development and the City stipulate and agree that such amount is fair compensation for the Municipal Services. Section 3.03. Computation of Payment. 'The City Administrator /Clerk /Treasurer shall compute the amount of the required payment annually and advise the Developers of the amount due in such year and of the manner in which such amount was computed as early as practicable. The computation shall be completed by the City for the current year by March 1.5 and calculated in accordance section 3.04 and invoiced no later than March 31. The payment shall be made in two equal installments due on May 15 and October 15 of each year or on such other dates as are established from time to time by law for the payment of ad valorem property taxes in Minnesota, In the event payment is not made when due, the Developers shall also pay penalties and interest computed as provided in Minnesota Statutes, as amended from time to time, for delinquent property tax payments. The aggregate annual payment shall be the product of the market value of the Exempt Property as of ianuary 2 of the year next preceding the year for which the payment amount is being computed and determined in accordance with the following, Sections 3.04 through. 3.07, the local tax rate for the City determined in accordance with the provisions of Chapter 275, as amended, of Minnesota Statutes, and the class rate applicable to the Exempt Property determined in accordance 1:vit l the provisions of Minn, Stat. §273,13, as amended. The computation of the tax due shall comply with the form.a.t to be established in the Memorandum from the City of Oak Park Heights a copy of which is annexed hereto as Exhibit "13". The payment shall be made to the City within 15 days of billing rendered by the City to Developers. Section 3.04. Market Value. The Developers and the City acknowledge that the Washington County Assessor determines the market value of tax exempt properties in accordance with the 'provisions of Minn. Stat. 272.18. For purposes of this Agreement., the market value of the Exempt Property as of January 2, 2009 shall be as determined by the Washington County In the event the Washington County Assessor has not determined a new value for any .. he value fbr such year shall be the value determined by the Washington County for the previous year plus average an.nual property appreciation based on other commercial /industrial property appreciation in the City of Oak Park Heights, Thus, for example, if the Washington County Assessor has determined the market value of the Exempt Property as of :lanuary 2, 2009, and if the Exempt: Property is exempt from taxation for taxes payable in 2009 and average property appreciation for 2008 is 5% , the payment in lieu of taxes due in 2009 shall be computed with reference to the Assessor January 2, 2009 valuation plus 5% appreciation. I f the assessor has not updated the value for more than one year, appreciation for each unadjusted year shall be added to the last value set. If the County Assessor continues to value the property every sixth year, as is now the practice, the new value determined by the County Assessor will be det:ernin.ative notwithstanding interim. years of cumulative increases. Section 3.05, Appeal of Valuation. The market value of the Exempt Property as determined by the Washington County Assessor from time to time after the Exempt Property is granted exemption may be appealed by either the Developers or the City as follows: within ninety (90) days alien receiving notice of the market value of the Exempt Property as determined by the Washington County Assessor, either party may send notice to the other that it objects to such determination and stating its opinion as to the true market value of the Exempt Property. if the City and the Developers cannot within thirty (30) days after the date of said notice and after good faith negotiations agree upon th.e market value of the Exempt Property, then the market value shall be established by appraisal, as follows: if the Developers and the City agree upon the selection of an appraises' within twenty (20) days after the expiration of the thirty (30) day negotiation period, such appraiser shall be appointed to appraise the fall and impartial appraisal which shall be binding on the parties. If the Developers and the City have been unable to agree upon the appointment of a single appraiser within said twenty (20) days, then each party shall within thirty (30) days following the expiration of the time given for appointment of a single appraiser designate an independent appraiser who holds the designation. "MAT' and has his or her principal place o f business in Washington County, Minnesota. If the objecting party shall fail to designate an appraiser and notify the other party of his/her identity within said thirty (30) days, then the market value of the Exempt pt Property shall be as previously determined by the Assessor. If the non- objecting party shall fail to designate an appraiser and notify the other party of his/her identify within said thirty (30) days, then the market value of the Exempt. Property shall be the amount set out in the notice of objections. If both parties timely n.ame an appraiser, then the two appraisers so naiaaecl shall designate a third similarly qualified appraiser within thirty (30) days of the appointment of the last of the two appraisers named by the parties. If the two appraisers fail to name re the third appraises within said thirty (30) days, then either party shall request the chief judge of the Washington. County District Court to name the third appraiser. The three appraisers shall, within sixty (60) days of the appointment of the third, determine the market value of the Exempt Property by consensus, or if no consensus can be reached, by agreement of any two of the three. The determination of the appraisers shall be binding on the parties, if the parties agree to a single appraiser, each part shall a one;- h.a.lf of the appraiser's fees. If the parties cannot �' �� party pay appraiser's l agree upon a single appraiser, then each party shall pay the fee of the appraiser it selects and one - half of the third appraiser's fees. For purposes hereof, the market value of the Exempt Property shall, insofar as possible and consistent with the intention of the parties as expressed herein, be based upon the statutory definitions and procedures used in the - v2leiation of real property for purposes of determining ad valorem rc'al property taxes in .i,t: h i : nay or may not approximate the actual fair market value of the Exempt Pyoport ;.. •- arlcet value of the Exempt Property has not been determined by the appraiscr(s) etc that the amount of the payment due in any year cannot be calculated and timely payments made with reference thereto, the Developers shall nevertheless be required to make payments when due but the amount of such payments shall be calculated with reference to the Assessor's most recent determination of market value. If following the completion of the appraisals, the actual payment required to be made by the Developers hereunder is less than the amount heretofore paid by the Developers, the difference shall be refunded by the City to the Developers without interest within thirty (30) days If the actual payment required to be made by the Developers hereunder is more than the amount heretofore paid, the difference shall be paid by the Developers to the City without interest within thirty (30) days. Section 3.06 Legislative Changes. In the event the methods and procedures for determining property taxes are altered by the Minnesota State Legislature such that the methods and procedures set forth in this Agreement are no longer adequate to permit the parties to achieve the intent hereof as set forth in Section 3,02, the parties shall negotiate in good faith an amendment to this Agreement directed at producing a comparable result. Section 3.07. Alterations. In the event the Exempt Property is substantially altered, improved or damaged such that the market value as established pursuant to the provisions hereof is no longer a reasonably accurate estimate of the market value of the Exempt Property, the parties shall negotiate in good faith an equitable adjustment of such market value and reduce their agreement thereto in writing. ARTICLE IV EMS SERVICES AND 9111 CALLS Section 4.0 l . nnergency Services via Bayport Fire Department. At such time when the Development (defined as the current Boutwells Landing Complex and the Proposed Skilled Care Facility located south of 58 Street)) exceeds 20.0 percent of all City emergency calls responded to by the Bayport Fire Department (including fire, good intent, false alarm and EMS /rescue, etc), the Developers shall make an annual payment to the City an amount equal to the cost impact the Development has on the City's cost contribution to the Bayport Fire Department for services over the 20.0 percent. Section 4.02 Bil The City will directly bill the Developers after the City determines the annual use generated by the Development and its impact on the. City Fair Share Formula or other future contribution protocol, The City will determine annual use at the Development based on information provided by the Bayport Fire Department `actual -run data or other reliable source data, Section 4.03 Change, of Fire /WS provider to City, Should the City's relationship with the Bayport /wire Department and/or is financial relationships substantially change, the City reserves the right to amend this language as may be needed to compensate for new Fire and /or EMS scrvi {fie veiadta ' :,o,sts. Sec; �:: =1 1 ').1 �.A� �:���� �� �. � � �._�:�� �� � � .::.� .. is anticipated that i.l:ie, City can provide adequate emergency i espous; ::t . s .'_' L;;t p!fCiii, the City does not guaranty that it has adequate resources to respond to all cioergencies or provide same in perpetuity. The City further indicates to the Developers that it should consider the implementation of necessary "on-site" staff and other emergency mitigation resources so that emergency EMS /Rescue calls could be handled internally and directly with appropriate health care providers and potentially deleting the need of the City responses. ARTICLE V MISCELLANEOUS Section 5.01. Clovernia = LaW, The parties agree that this Agreement shall be governed and construed in accordance with the laws of the State of Minnesota. Section 5.02. Time is ofthe Essence. Time shall be of the essence of this Agreement. Section 5,03. counterparts. 1f this Agreement is executed by any number of counterparts, each which shall be an original, but all of which shall constitute one in the same instrument. Section 5.04. Interpretation }..Sever t ility. if any one or more of the provisions, sentences, phrases or words of this A.greei cent or any application thereof shall be held or determined to be invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining phrases, sentences, phrases or words of this Agreement and any other application thereof shall in no away be affected or impaired and shall remain in full force and effect, Section 5.05. Successors and Assigns. This Agreement is binding on and inures to the benefit of the successors and assigns of the parties hereto. Section 5.06, Notices es and Demands. Except as otherwise expressly provided in this Agreement, a notice, demand or other communication under this Agreement by any party to any other party shall be sufficiently given or delivered if it is dispatched by registered or certified mail, postage prepaid, return receipt requested, eo • delivered personally to the fo llowin.g address: The City: The Developers: City of Oak Park Heights City Hall 14168 Oak Park Blvd Oak Park Heights., Minnesota. 55082 Valley Senior Services Alliance, VS SA Care Center, LLC, \'SSA f3outwells Landing, LLC 2845 Ilamline Ave, No. Roseville, MN 55113 or at such address as either party may, from time to tire, designate in writing and forward to the other party, Section 4.07, Arbitration. Any controversy or dispute, of whatever nature, between the Developers an.d the City arising out of this Agreement shall be fin.al.ly and conclusively settled by arbitration in accordance with the Minnesota Uniform Arbitration Act, Minn. Stat. Chapter 572, as amended, Determinations of market value are not, however, subject to arbitration except Where the parties have been unable to come to an agreement thereon under circumstances described in Section 3.07 hereof All questions as to the meaning of this Section 4 or as to the ar•biti'ability of any dispute shall be resolved by the arbitrators, and their decision on such questions shall be final and binding and not subject to . judicial review, except to the extent provided in the Minnesota Uniform Arbitration Act. Section 4.08. Termination, The terra. of this Agreement shall commence 00 the effective date hereof, and shall remain in full force and effect: until the effective date that the Exempt Property ceases to be. exempt from real properly taxation. Section 4,0)9, Reasonableness, ''he parties agree that where any consent or approval is provided for this Agreement, each will give reasonable consideration to all factors affecting such consent or approval and such consent or approval will not be unreasonably withheld or delayed. Section 4.1 00. Recordation_, Either party hereto may record this Agreement, IN WITNESS WHEREOF', the parties hereto have caused this Agreement to be duly executed on or as of the day and year first written above. THE CAIN Or ARK liElc / Da\frid 6atid Its Ma ' ;;..), ph son Its clit Administrator VALLEY SENIOR SERVICES ALLIANCE, Mark Meyer Its: Chief Financial Officer Its: Chief Financial Manner VSSA, CARE CENTER, LLC 7 Mark Meyer Its: Chief Financial Manager VSSA BOUTWELLS LANDING, LLC Mark Meyer STATE OF MINNESOTA ) } COUNTY OF WASHINGTON) OTON) On this 1.r day of ['. L E � ; 2007 before me a Notary Puhli.c, within rmd for said County personally appeared David .3eaudet and Eric Johnson, to me personally known, being each by me duly sworn did say that they are respectively the Mayor and the Administrator of the City of Oak Park Heights, the municipal corporation named in the foregoing instrument; ent; and that the seal affixed to said iustrum.ent is the corporate seal of said corporation, and that said instrument was signed and sealed on behalf of said municipal corporation by authority of its City Council an.d said Mayor and Administrator acknowledged said instrument to be the free act and deed of said municipal corporation. ss JENNIFER M. Tl O N I r y Commission Expires Jan. 31, 2017 ! �\ ��� ter- Z..• C: � +iii''._ +.• :f�:��� if i, <; %ir . • .�`., � ; � ' ';� i. Z,•,: i 'try t � :5�; 7 3 rd '' 431 2( '.•r • 4 t• -• :J7 rr �'. .. r -;�! .'. L•r t- �i�. r 7 flO } t.. t. . <, 4 - 7. f •. J� .Y. .fg !., (: S 4 •' 1. •,ice, ��'=� s.r �� �r , �: €�7 el t'�tiJ �V !r �,.,���:� mac: °•c_;;'.: otat y Public Notary Public STATE OF MINNESOTA ) COUNTY OF WASHINGTON) On. this rr day of } �`r :�''� r r��.� � ,..� ^ ...r .� � � '" __.. 2007, before me a Notary Public, within and for said County personally appeared Mark Meyer, to rare personally known, being the Chief Financial Manager of VSSA Care Center, L.L.C, a Minnesota Limited Liability Company, named in the foregoing instrument; and that the seal affixed to said instrument is the corporate seal of said limited liability company, and that said instrument was signed and sealed on behalf of said Limited Liability Company by Mark Meyer with the authority of its Board of Governors acknowledging his execution of said instrument to be the free act and deed of said Limited Liability Company. STATE OF MINNESOTA ) ss COUNTY OF WASHINGTON) OTON) On this day of ? ..rJ 1., \_:0_,Q. &, , 2007, before me a Notary Public, within and for said County personally appeared Marls Meyer to me personally known, being the Chief Financial Officer of Valley Senior Services Alliance, a Minnesota Non - Profit Corporation, named in the fbreggoing instrument; and that the seal affixed to said instrument is the corporate seal of said corporation, and that said instrument was signed and sealed on behalf of said corporation by Marls Meyer with the authority of its Board of Gov' - �;. rs it is execution of said instrument to be the free act and deed of said Limited Liabi [IL)/ S the 7 act and deed Limited + F .ti.Z � ,..�f :1 `:i 1..1 �: i'S: L +�'.lS a� [:• I ; .. • • i t ! • 1 1 l �ti ` r' f� / �^y ,.--.y,y �,y/� •� STATE OF MINNESOTA ) ss. COUNTY OF WASHINGTON) On this ' ` fr day of�'�,�- '•tti.r. , 2007, before me a Notary Public, within and for - said County personally appeared Mark Meyer, to rie personally known, being the Chief Financial Officer of VS SA Boutwells Landing, LLC, a Minnesota Limited Liability Company, named in the foregoing instrument; and that the seal affixed to said instrument is the corporate seal of said corporation, and that said instrument was signed and sealed on behalf of said limited liability company by Mark Meyer with the authority of its Board of Governors acknowledging his execution of said instrument to be the free, act and deed of said Limited Liability Company. • Notary Public Notary Public �� r , ; .qtr_...._ . - >��. - 1 ,+.�•`� r j ' )roved ec1 as to form, M ; rk J Vi ding f C} This Instrument ent IDr tfted 13y: Mark J, Vier ling ECKBERG, LAMMERS, BRIGGS, WOLF t.: V I ERLIN G , 1809 Northwestern Avenue Stillwater, Minnesota 55082 EXHIBIT "A" LEGAL, DESCRIPTION TRACT A REGISTERED LAND SURVEY N(.125 J.lethod of Calculation: EXHIBIT "B" The PILOT payment is the estimated amount of local taxes to the City that would have been generated by the Valley Senor Service Alliance Skilled Care Center if the property (both and and building) were not exempt from taxation. The City estimates the new Valley Senior- Service All ia.nce- Skilled Care Center (land and building) to have an appraised market value of S19,093..226. This market value, if taxable, would generate a tax capacity of $381,115. A portion of L x. capacity r would be subject to fiscal disparity sharing as a commercial property. The proposed 1 � sharing percentage for Oak Park Heights for pay 2008 taxes is 22,1157%. Therefore, the local taxing entities will benefit directly from $296,829 of the tax capacity. This reduced tax capacity would xenerate taxes to the City of $ 109358, based on a proposed pay 2008 tax capacity rate of 36.842%. This amount does not include any fiscal disparity distribution that would be generated by this property if taxable, The step by step calculation is detailed below. Based on an estimated market value (EMV) of $19 093226, the following steps would be utilized to calculate the PILOT payment: Step 1: Calculate the Total Tax Capacity (TTC): 1.5% x first $150,000 of ENMV — $2,2.50 Plus 2.0% x EMV in excess of ,$1500.,000 - $378,865 .Equals $381,115 (TTC) Step 2: Calculate the Fiscal Disparity Tax Capacity (FDTC): Result froi•n Step 1 (TTC) Multiplied by 22.1157% (Proposed pay 2008 rate for City of Oak lark Heights) Equals $84,286 (FDIC) Step 3: Calculate the Local Tax Capacity (LTC): Result from Step 1 (TTC) - 5381,115 Minus Result from Step 2 (FDTC) S84,286 Equals $296,829 (LTC) Step 4: Calculate the City's Tax Result from Step 3 (LTC) = $296,829 Time 36,842% (Proposed Oak Park Heights local tax capacity rate for Pay 2008) Equals $109,358 (City PILOT payment) The PILOT payment identified above includes the taxes that could be generated by the valley Senior Service Alliance Skilled Care Center if it had an estimated market value of S19,093,2.26. Furthermore, the payment calculation assumes the proposed pay 2008 rates for the City remain fixed as does the 2008 fiscal- disparity sharing factor, The variables in the above calculation to determine the actual PILOT payment each year will be the estimated market value (as determined by the \Washington County Assessor's Office), the method used to calculate the tax capacity of comin.ereial properties (possibility of being amended by the State Le ;islature). the fiscal disparity sharing factor for Oak Park Heights and the local tax rates for the City of Oak Park Heights. The PILOT would begin on a Center. on and completion of the Skilled Care