92-074 - 11-10 Adopt Assessments Various Public ImprovementsResolution 92-74
November 10, 1992
Member
Thompson 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:
First
Interest
Year
Total
Project
Years
Rate
Levy
Assessed
Street
Improvement 91-3
10
7%
7%
1993
1993
$ 57,372.88
93,168.12
Street
Improvement 91-4
10
10
7%
1993
63,802.69
Street
Improvement 91-6
10
7%
1993
46,032.20
Street
Improvement 91-9
10
7%
1993
106,435.56
Street
Improvement 92-1
10
7%
1993
40,018.09
Street
Street
Improvement 92-2
Light Installation
Charge 195 5
7%
1993
9,182.24
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 objec-
tions if any, to such proposed assessments.
2. This Council, having heard and considered all objections so pre-
sented, finds that each of the lots, pieces and parcels of land enumerated in
the proposed assessment 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 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 7% 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 pre -paid shall be payable in equal annual principal
installments extending over a period of years, as indicated in each case. The
first of said installments, together with interest on the entire assessment for
the period of January 1, 1993 through December 31, 1993, will be payable with
general taxes for the year of 1992, collectible in 1993, and one of each of the
remaining installments, together with one year's 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 by December
31, 1992.
Resolution 92-74 - Continued
November 10, 1992
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 proper tax lists of the County and the County Auditor shall
thereafter collect said assessment in the manner provided by law.
ATTEST:
Shirley J. tegsod, City Clerk
The motion for the adoption of the foregoing resolution was seconded by Member
Russell; and upon a vote being taken thereon, the following voted in favor
thereof: Bakken, Johnson, Russell, 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 his signature attested by the City Clerk.