Property Address: 3570 Lexington Avenue, Shoreview, MN 55126
PIN: 35.30.23.22.0004
Project Type: Energy efficiency improvements
Assessment Request: $175,000
Interest Rate: 5.25%
Interest Starts Accruing: 01/01/2026
Finance Period: 10 years
Such assessments shall be payable in equal annual principal and interest
installments extending over the term of the special assessment. The first of the
installments shall be payable with general property taxes in 2026, and shall bear
interest at the rates per annum and interest start date stated above, and to the
first installment shall be added interest on the entire assessment from the
interest start date until December 31 of the tax payable year to which the first
installment will be extended, and to each subsequent installment, when due,
shall be added interest for one year on all unpaid installments and to each
installment shall also be added the special assessment administration fee
required by Minnesota Statutes section 429.061, subdivision. 5.
2. Direct the Chief Clerk to send a certified copy of this Resolution to the
County Auditor to extend the assessment for Lex Center LLC on the property tax
lists of the county.
10.
Eligible Projects for the Ramsey County Transportation Sales and Use Tax
Funding
Sponsors: Public Works
1. Approve the removal of the following projects from the Ramsey County Transportation
Sales and Use Tax Capital Improvement Plan.
a. METRO Green Line: Operating.
b. METRO Gold Line: Operating.
c. Riverview Corridor: Capital and Operating.
d. Ramsey County 2017-2021 Transportation Improvement Program.
2. Approve the addition of the following projects to the Ramsey County Transportation
Sales and Use Tax Capital Improvement Plan.
a. Roadways and Interchanges
i. Lexington Avenue at CSAH 96 - Arden Hills and Shoreview.
ii.Hamline Avenue at CSAH 96 - Arden Hills.
iii.
Snelling Avenue at Larpenteur Avenue - Falcon Heights.
iv. Rice Creek Commons Spine Road at CSAH 96 - Arden Hills.
v.White Bear Avenue at I-94 - Saint Paul.
b. Corridor Improvements
i. White Bear Avenue: Beam Avenue to I-94 - Maplewood and Saint Paul.
ii.Maryland Avenue: Johnson Parkway to White Bear Avenue - Saint Paul.
iii.
Larpenteur Avenue/Parkway Drive: Hennepin County Line to Hwy 61
- Falcon Heights, Lauderdale, Maplewood, Roseville, and Saint Paul.
iv. Lexington Avenue: CSAH 96 to County Road J - Arden Hills and
Shoreview.
c. Transformative and Innovative
i. Rice Creek Commons Spine Road - Arden Hills.
ii.County Fleet Electric Vehicle Transition - Countywide.
iii.
d. Union Depot and Railroad
i. Union Depot Track Three Extension - Saint Paul.
ii.Union Depot Train Deck Repairs and Modernization - Saint Paul.
iii. Union Depot Facility Modernization - Saint Paul.
RiversEdge Transportation Infrastructure - Saint Paul.