87-095 - 10-06 Adopt Assessments Various Public ImprovementsResolution 87-95
October 6, 1987
Member Stockman introduced the following resolution and moved its adoption:
RESOLUTION ADOPTING AND CONFIRMING ASSESSMENTS
FOR VARIOUS PUBLIC IMPROVEMENTS
1. The amount proper and necessary to be specially assessed at this time
for various public improvements: Interest First Year Total
Project
Years Rate Levy Assessed
Street Improvement 87-4 10 8% 1988 $23,879.7020 8% 1988 28,522.00
Watermain 85-3 20 8% 1988 16,300.00
Watermain 87-1 20 8% 1988 31,543.00
Lateral Sewer 85-2 8% 1988 11,574.03
Street Light Installation Charge 87 i 8%1988 4,476.24
Seal Coat 87-1
against every assessable lot, piece, or parcel of land affected thereby has been
duly calculated upon the basis of benefits, without, regard to cash valuation,
in accordance with the provisions of Minnesota Statutes, Chapter 429, and notice
has been duly published, as required by law that this Council would meet to hear,
consider and pass upon all objections, if any, and said proposed assessment has
at all time since its filing been open for public inspection and an opportunity
has been given to all interested persons to present their objections, if any, to
such proposed assessments.
2. This Council, having heard and considered all objections so presented,
and being fully advised in the premises, finds that each of the lots, pieces and
parcels of land enumerated in the proposed assessments (as amended) was and is
specially benefited by the construction of said improvement in not less than the
amount of the assessment set opposite the description of each such lot, piece
and parcel of land respectively, and such amount so set out is hereby levied
against each of the respective lots, pieces and parcels of land therein described.
3. The proposed assessments (as amended) are hereby adopted and confirmed
as the proper special assessments for each of said lots, pieces and parcels of
land respectively, and the assessment against each parcel, together with interest
at the rate of 8% 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 shall be payable in equal annual principal
installments extending overa period of years, as indicated in each case. The
first of said installments, together with interest on the entire assessment for
a full year, will be payable with general taxes for the year of
1987, with collectine ble in 1988, and one of each of the remaining installments,
interest on that and all other unpaid installments, will be payable with general
taxes for each consecutive year thereafter until the entire assessment is paid.
4. Prior to certification of the assessment to the County Auditor, the
owner of any lot, piece or parcel of land assessed hereby may at any time pay
the whole such assessment, with interest to the date of payment, to the City
Treasurer, but no interest shall be charged if such payment is made within 30
days after the date of this resolution.
Resolution 87-95 - Continued
5. The City Clerk shall, as soon
County Auditor a certified duplicate of
and interest on each unpaid assessment
the proper tax lists of the County and
said assessment in the manner provided
ATTEST:
October 6, 1987
as may be, prepare and transmit to the
the assessment roll, with each installment
set forth separately, to be extended upon
the County Auditor shall thereafter collect
by law.
-Mary-t. A erson, Playor
L I � (OLIV
Ju all , Deputy 9ity Clerk
The motion for the adoption of the foregoing resolution was seconded by Member
Johnson and upon a vote being taken thereon, the following voted in favor
thereof: Anderson, Bakken, Johnson, Stockman and Thompson; and the following
voted against the same: none, whereupon said resolution was declared duly
passed and adopted, signed by the Mayor and her signature attested by the Deputy
City Clerk.