HomeMy WebLinkAbout10-035 CR 12 Project Assessment Roll
4646 Dakota Street S.E.
Prior Lake, MN 55372-1714
RESOLUTION 10-035
A RESOLUTION DECLARING COSTS TO BE ASSESSED AND ORDERING PREPARATION OF
PROPOSED ASSESSMENT ROLL FOR THE 2010 IMPROVEMENT OF COUNTY ROAD 12
PROJECT 10-011 AND ESTABLISHING THE DATE OF THE ASSESSMENT HEARING AND
PUBLICATION THEREOF
Motion By: Keeney
Second By: Hedberg
WHEREAS, a contract has been let and costs have been determined for the improvement of
County Road 12, Project 10-011, the City cost for the improvements are
$1,686,198; and
WHEREAS, The City Manager notifies the City Council that such proposed assessment will be
completed and filed in the City Manager's office for public inspection.
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE,
MINNESOTA as follows:
1. The recitals set forth above are incorporated herein.
2. The portion of the cost of such improvements to be paid by the City is hereby declared to be
$1,430,033.00, and the portion of the cost to be assessed against benefited property owners is
declared to be $256,165.00.
3. Assessments shall be payable on an equal principal installment method extending over a
period of 10 years for street improvements. The first installment shall be the annual principal
plus interest calculated from the public hearing date to the end of this year plus twelve months
of the next year and shall bear interest at the rate of 6% per annum from the date of the
adoption of the assessment resolution.
4. The City Manager, with the assistance of the City Engineer shall forthwith calculate the proper
amount to be specially assessed for such improvements against every assessable lot, piece or
parcel of land within the district affected, without regard to cash valuation, as provided by law,
and shall file a copy of such proposed assessment in the office of the City Manager for public
inspection.
5. The City Manager shall upon the completion of such proposed assessment notify the City
Council thereof.
6. A public hearing shall be held on the 1 ih day of May, 2010, in City Council Chambers at 6:00
P.M. to pass upon such proposed assessment and at such time and place all persons owning
property affected by such improvement will be given the opportunity to be heard with reference
to such assessment.
7. The City Manager is hereby directed to cause a notice of the public hearing on the proposed
assessment to be published once in the official newspaper of the City at least two weeks prior
to the hearing, and the City Manager shall also cause mailed notice to be given to the owner of
each parcel described in the assessment roll not less than two weeks prior to the hearing.
8. The owner of any property so assessed may, at any time prior to certification of the
assessment to the County Auditor, pay the whole of the assessment on such property, with
M:\COUNCIL\Resolutions\201 0\ 10-035 County Roa~rG~P.4?~~~lmt~oc
Phone 952.447.9800 / Fax 952.447.4245
interest accrued to the date of payment, to the City Finance Director, except that no interest will
be charged if the entire assessment is paid within 30 days from the adoption of the
assessment. The owner may, at any time thereafter, pay to the City Finance Director the entire
amount of the assessment remaining unpaid, excepting the installment portion appearing upon
the current year's property tax statement.
PASSED AND ADOPTED THIS 19TH DAY OF April, 2010.
I Myser
I Erickson
I Hedberg
Keeney
Millar
YES
X
X
X
X
X
NO
Myser
Erickson
Hedberg
Keeney
Millar
(t, I ~I
FranR Bo"~!e's~ager
M:\COUNCIL\Resolutions\201 0\1 0-035 County Road 12 Project Assessment Roll.DOC