Title
Approving assessment costs and setting date of City Council public hearing to ratify the reassessment for the Ford Site 429 Improvement Project. (File No. 19246B, Assessment No. 225206)
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WHEREAS, in December, 2019 the City of Saint Paul (“City”), Housing and Redevelopment Authority (“HRA”) and Ryan Companies USA, Inc. (“Ryan”) entered into an agreement related to the redevelopment of the former Ford site in the Highland Park neighborhood of Saint Paul (“Redevelopment Agreement”); and
WHEREAS, the Redevelopment Agreement in part outlined the roles and responsibilities of the parties for the financing and construction of public infrastructure which was required for the future private development of the former Ford site; and
WHEREAS, the City and Ryan agreed that a portion of the $11.8 million public infrastructure project to create roadways and streets within the former Ford site (“429 Improvement Project”) would be financed by the imposition of $9.2 million of assessments on the parcels owned by Ryan and a second developer; and
WHEREAS, on October 6, 2021 the City Council adopted RES PH 21-239 to levy assessments for the 429 Improvement Project, said assessments allocated to affected parcels based on the square footage of each of the parcels; and
WHEREAS, on December 18, 2019 the City and Ryan entered into a Special Assessment Agreement, Petition, and Waiver (“Special Assessment Agreement”) to define the process for assessing parcels for the 429 Improvement Project; and
WHEREAS, the Special Assessment Agreement provided that the allocation of assessments among subdivided parcels in the 429 Improvement Project was to be based upon each parcel’s square footage; and
WHEREAS, subsequent to the assessment, several of the parcels were subdivided and the existing assessments were incorrectly allocated to the new parcels based on linear frontage; and
WHEREAS, in accordance with the requirements of the Special Assessment Agreement, the 429 Improvement P...
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