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Council imposes housing improvement fee for Village Manor condominiums
Summary
After a public hearing with no speakers, the council adopted resolution 25-67 to impose a housing improvement fee to replace a roof and related work on one building; cost per unit is $13,752.90 spread over 15 years at 5.25% interest.
Coon Rapids City Council adopted resolution 25-67 to impose housing improvement fees in the Village Manor Condominium Association housing improvement area following a public hearing with no public comment. The council voted to impose assessments that will pay for roof replacement, soffit, fascia and gutters for one building.
City staff said the construction cost of the improvements is $93,660; with the city's standard assessment fees the total cost…
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