Loading...
HomeMy WebLinkAboutStandard Plumbing Response to Concerns Letter for Miles Romney-LID 4501-0025-26.pdfNovember 2, 2015 Miles Romney Property Manager Standard Plumbing Supply Company, Inc. P.O. Box 708490 C IT Y OF REXBURG America's Family Comnmtnity. Reference: Local Improvement District (LID 45) Properties -Item 25 and 26 Dear Mr. Romney, I would like to let you know that we have received your letter pertaining to the two properties on LID 45 and will submit that letter to our elected officials for their consideration. I would like to address some of your concerns in this letter and would be happy to discuss these items more fully via a phone conversation at 208-372-2343. Concerning your first objection, we checked the County records on the website at hup://madison.rexbuig.org/Htrnl5Viewer2.4/?viewer=public and found that the primary owner record for 155 E 2^a North in Rexburg shows Standard Plumbing Supply and that Reese Real Estate Investments shows as a Secondary Owner. On the second parcel, which is the parking area to the east of the business, the county records show the primary owner as Reese Real Estate Inv. Co. Inc. and Standard Plumbing as a secondary owner. The mailing address we used to send public notice for both parcels of property is P.O. Box 708490 Sandy UT 84070. The responsible party received the notices to the correctly identified mailing address as indicated on the tax records. In fact, we show record of individuals testifying in behalf of the owners for both parcels in the first public hearing that was held regarding LID 45 last February. If you do not believe the mailing information and ownership names are correct on these parcels, we encourage you to contact Madison County, Idaho, who is responsible for the maintenance of these records. It is also important to note that if a property changes hands, the LID lien moves with the property, not the property owner. Concerning the second objection, the second parcel is actually more than just a piece of property with a cell phone tower. It is a parking lot with frontage on 2^d North where improvements were made to the street, curb and gutter, and sidewalk. There was no assessment on item #26 for sanitary sewer. There was an assessment of $ 841.94 for the sanitary sewer connection on item # 25, which connects the building itself to our sewer system. The city did upgrade the water line service on 2ad North, but at no cost to the property owners. I will add a breakdown of the costs below for you to see the details of how these amounts were assessed. Concerning the third objection regarding the fact that the assessments are more than the annual property taxes collected, it is important to note that this assessment is not a tax. It is an assessment for actual improvements made on the two parcels. In order to alleviate the burden to the property owners, the City will offer the ability to pay back these assessments over a 10 year period. The interest will likely be 5.5% and we can even collect payments for the LID assessment monthly on the utility bill if that Matthew Nielson Chief Financial Offimr 35NP'ERexburg1D,83440 P.O.Box280 maam@rexburg.org www.rexburg.org Phone (208) 372-2343 F=(208)359-3022 makes it easier. The city also provided a credit of almost $1,600 for the sidewalk and Curb and Gutter replaced on these parcels. The actual tax records for both parcels show taxes of over $7,800, which I have attached for your records. I will call your corporate office today and try to email this information so you have it prior to the public hearing on Wednesday. Our Engineering department and the Contractor on this project made many efforts to minimize the impact on the businesses affected by this project. On several occasions, the contractor worked late hours and on weekends to help minimize the impact of this project. We hope this will help resolve your concerns and we are happy to answer any further questions that you might have. Sincerely, Matthew Nielson Chief Financial Officer City of Rexburg Attached 0 (1) Matthew Nielson Chieffixancial Officer 35 N I"E Rexburg ID, 83440 P.O.Box280 maltn@rexburg.org iviviv.rexburg.org Phone (208) 372-1343 Fax (208) 359-3022 Report generated: Madison County Parcel Report 11/2/2015 3:53:22 PM Parcel Number: CRPRRXB10162950'3 Primary Owner: STANDARD PLUMBING SUPPLY Secondary Owner: REESE REAL ESTATE Site Address: 155 E 2nd N Rexburg 83440 Mailing Address: POBOX708490 SANDY UT 84070 Acreage: 0.625 GIS Square Feet: 27,211 GIS Acres: 0.625 Total Value: $434,900 Year Inspected: 2013 Last Year Taxes: $7,326.24 Current Taxes: This map is a user generated static output from an Internet mapping site and is for reference only. Data layers that appear on this map may or may not be accurate, current, or otherwise reliable. Category TCA Description Acreage Value Legal Description: 42 1000 Improvements on Land 0.000 $358,670 REXBURG Category 21 E2 W2 21 1000 Commercial Lot or Acreage 0.625 $76,230 LOT 4 BLOCK 16 PPP00677-STANDARD PLUMBING 27225 SF, .625 AC, 82.5' FRTG. Deed Number: 170087 Total Value: $434,900 This map is a user generated static output from an Internet mapping site and is for reference only. Data layers that appear on this map may or may not be accurate, current, or otherwise reliable. r7' 'p Madison County Parcel Report c> pUM1,v Parcel Number: L RPRRXB10� Primary Owner: REESE REAL ESTATE INV CO INC Secondary Owner: STANDARD PLUMBING Site Address: Mailing Address: POBOX708490 SANDY UT 84070 Acreage: 0.3 GIS Square Feet: 13,071 GIS Acres: 0.300 Total Value: $32,670 Year Inspected: 2014 Last Year Taxes: $546.64 Current Taxes: Legal Description: REXBURG TAX 1 LOT 4 BLOCK 16 13071 SF, .3 AC, 49.5' FRTG. Deed Number: 170088 Category TCA 21 1000 Report generated: 11/2/2015 3:53:22 PM H Description Acreage Value Commercial Lot or Acreage 0.300 $32,670 Total Value: $32,670 This map is a user generated static output from an Internet mapping site and is for reference only. Data layers that appear on this map may or may not be accurate, current, or otherwise reliable. P4UM RING SUPPL Y. CO. _.. 0 City of Rexburg Atm. City Clerk P.O. Box 280 Rexburg, ID 83440 q Corporate Offices P.O. Box 708490 Sandy, Utah 84070 Phone (801) 255-7145 FAX (801) 255-7100 In re local improvement district no. 45 property located at 157 E 2nd North To whom it may concern, We wish to object to the assessments for the property located at 157 E. 2nd North known as items #25 & 426. Our first objection is that the notice incorrectly identifies the owner of the property. The notice identifies Standard Plumbing Supply as the owner of the property. The owner of the property is Reese Real Estate & Investment Company. The assessment has been made to the wrong company. The assessment is to raise funds for the purpose of providing sewer and road improvements. The property located at 157 E. 2nd North consists of two parcels. We object to the assessment of item #26 which coincides with the second parcel. The second parcel is a cell phone tower. The amount of $2,850.50 is extremely high for a property that does not take advantage of sewer or water service and the annual rental income barely covers this assessment. Finally we object to this assessment for the purpose of the local improvement district as the amount is greater than the total property tax paid for the year. The special assessment is over $1,500 greater than the total property tax paid for 2015 and is over $2,500 more than the total property tax for the second parcel. When added to the property tax this equates to a tax that is 2.5 x the regular property tax for the first parcel and 11.4 x the normal property tax for the second parcel. This special assessment creates a burden on the property owner that is three times greater than is normally required. We find this to be an excessive burden to be placed upon the property owners shoulders. For the reasons given above we object to the excessive assessment and state that the assessment are grossly exaggerated and inaccurate Sincerely, Miles Romney Property Manager Standard Plumbing Supply Company, Inc.