Notice of Mortgage Foreclosure sale-2010

Home Browse Search

MEMORANDUM TO: MAYOR AND COUNCIL MEMBERS FROM: ORONO MANAGEMENT TEAM SUBJECT: INFORMATION UPDATE DATE: OCTOBER 1, 2010 Information Update—10/O1/10 • The Orono City Council and Orono School District are scheduled to meet on Monday, October 11 and Monday October 25 at 5:30 pm in the Orono Council Chambers to continue discussions of the proposed road improvement project for Old Crystal Bay Road. • The Environmental Committee of the Metropolitan Council took action on September 22nd to authorize its Regional Administrator to negotiate and execute a Construction Cooperation Agreement with the City of Orono for improvements to Orono Orchard Road. Tom and Jessica will be meeting with Met Council staff to work out an agreement which spells out the cost sharing for reconstruction of Orono Orchard Road. • The City received the attached Foreclosure Notice far the Hill School property. Stephen Rosholt of Faegre &Benson has confirmed that the Revenue Notes issued by the City for this project are payable only from payments by Hill School and enforcement of the Mortgage. The City has no obligation to make any payments for principal or interest. Also attached is a letter from Faegre&Benson with their approving legal opinion(see numbered paragraph 2). The letter is followed by a copy of one of the Notes. The absence of City liability is set forth in the paragraph beginning at the bottom of the second page of the note. • The new and improved website will be up and running next week! Some behind-the-scenes technical changes that will take place on Monday to move from the old site to the new site, so there may be a short period of time when the website will not be available. We're pleased with the new look, colors,buttons, navigability and search capabilities. Check it out on Tuesday at www.ci.arono.mn.us! • The Fall Newsletter will be in the mail on Monday and will include an announcement about the new website, as well as articles about the budget and tax levy, elections, comprehensive plan, tobacco-free parks, zebra mussels,recycling and organics, fall golf rates and a few other miscellaneous topics. • On 9-23-2010 there was a sewer back up into two homes on Forest Lake Drive and the damage caused was a result of a power failure. The League of Minnesota Cities was called and an adjuster was sent out to access the damage. • After conferring with Van Erickson, we have postponed the dedication of Lurton Park until next spring when the parking area and sign installation have been completed. Van suggested they would prefer to have dedication ceremonies (to include City officials, family, friends, etc.) once the park improvements are completed rather than trying to push it yet this fall. He also suggested there is no need to do a groundbreaking ceremony. Staff is moving ahead with getting the sign made and we may still get the parking area graded before the ground freezes, depending on weather and Public Warks schedules. Van also indicated that they would like us to move farward with the controlled burn/prairie restoration program as one of our initial long-term improvements. Staff will make some contacts and follow up on this with options and costs. (MPG) • Additional attachments: o Metro Cities News—September 27, 2010 o Metro Cities News—October 1, 2010 The City of Orono complies with the Minnesota Data Practices and Open Meeting Law. The recipients of this electronic file m�e asked not to "Forwarrl"or "Reply to All"concerning information contained in this email.