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23-088 (10-03) Approve Waiver of Public Hearing and Certification of Special Assessments 2023 PMP Sanitary Sewer RepairsRESOLUTION NO. 23-088 RESOLUTION WAIVING THE PUBLIC HEARING PURSUANT TO MINNESOTA STATUTES 429.031 AND ORDERING CERTIFICATION OF SPECIAL ASSESSMENTS ON PRIVATE SANITARY SEWER REPAIRS THAT INVOLVE 2023 CITY STREET IMPROVEMENTS Project Years Interest Rate First Year Levy Total Assessed 2023 PMP Sanitary Sewer Repairs 10 5% 2023 $24,495.00 1. Each individual address (lots) will be assessed the full value of the signed contract with the homeowner for the various sanitary sewer repair(s). 2. The proposed assessments are hereby adopted and confirmed as the proper assessments for each of said property respectively together with interest at the rate of five (5) percent per annum accruing on the full amount thereof unpaid, shall be a lien concurrent with general taxes upon parcel and all thereof. The total amount of each such assessment not prepaid shall be payable in equal annual principal installments extending over a period of 10 years, as indicated in each case. 3. The first of said installments, together with interest on the entire assessment for the period of January 1, 2024 through December 31, 2024, will be payable with general taxes for the year of 2023, collectible in 2024, and one of each of the remaining installments, together with one year’s interest on that and all other unpaid installments, will be paid with general taxes for each consecutive year thereafter unless the entire assessment is paid in full by November 9, 2023. 4. The owner may pay off the assessment in full after November 9, 2023 with interest accrued to December 31 of the year in which such payment is made. Such payment must be made before November 15 or interest will be charged through December 31 of the succeeding year. 5. The City Clerk shall, as soon as may be, prepare and transmit to the County Auditor a certified duplicate of the assessment roll, with each installment and interest on each unpaid assessment set forth separately, to be extended upon the pr oper tax lists of the County and the County Auditor shall thereafter collect said assessment in the manner provided by law. DocuSign Envelope ID: 8E17152A-78F4-4751-8BED-0049FF4D79F6 Adopted by the City Council of the City of Golden Valley, Minnesota this 3rd day of October, 2023. __________________________ Shepard M. Harris, Mayor ATTEST: _________________________ Theresa Schyma, City Clerk DocuSign Envelope ID: 8E17152A-78F4-4751-8BED-0049FF4D79F6