HomeMy WebLinkAbout10-050 County Road 12 Assessment Roll
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 10-050
A RESOLUTIONADOPTING ASSESSMENTS FOR THE 2010 IMPROVEMENT PROJECT
FOR COUNTY ROAD 12
Motion By: Hedberg Second By: Keeney
WHEREAS, Pursuant to proper notice duly given as required by law, the Council has met
and heard and passed upon all objections to the proposed assessments for the
2010 Improvement Project for County Road 12.
NOWTHEREFORE, 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 proposed assessment for the 2010 Improvement Project for County Road 12, a copy of
which is attached hereto and made part hereof, is hereby accepted and shall constitute the
special assessment against the lands named therein, and each tract of land therein included
is hereby found to be benefited by the proposed improvement in the amount of the
assessment levied against it.
3. The assessments shall be payable on an equal principal method extending over a period of
ten (10) years for paving. 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 six (6) percent per annum from the date of
adoption of this assessment resolution. To the first installment shall be added two hundred
twenty-eight (228) days of interest on the entire assessment from the date this resolution is
adopted to December 31, 2010. To each subsequent installment when due shall be added
interest for one year on all unpaid installments.
4. 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
interest accrued to the date of the payment, except that no interest will be charged if the
entire assessment is paid within thirty (30) days, and the individual may at any time
thereafter, pay to the City’s Finance Director the entire amount of the assessment remaining
unpaid, excepting the installment portion appearing upon the current year’s property tax
statement.
5. The Finance Director shall forthwith transmit a certified duplicate of this assessment to the
County Auditor to be extended on the property tax lists of Scott County. Such assessments
shall be collected and paid to the City in same manner as other municipal taxes.
6. The portion of the cost of such improvements to be paid by the City is hereby declared to be
$1,430,033.42, and the portion of the cost to be assessed against benefited property owners
is declared to be $256,165.00.
PASSED AND ADOPTED THIS 17th DAY OF MAY, 2010.
YES NO
Myser X Myser
Erickson Recused Erickson Recused
Hedberg X Hedberg
Keeney X Keeney
Millar X Millar
______________________________
Frank Boyles, City Manager
M:\COUNCIL\Resolutions\2010\10-050 County Road 12 Assessment Roll.doc