HomeMy WebLinkAbout13-089 Sunset Avenue set assessment
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 13-089
A RESOLUTIONDECLARING COSTS TO BE ASSESSED AND ORDERING PREPARATION OF
PROPOSED ASSESSMENT ROLL FOR THE SUNSET IMPROVEMENTS PROJECT 13-011 AND
ESTABLISHING THE DATE OF THE ASSESSMENT HEARING AND PUBLICATION THEREOF
Motion By: Soukup Second By: McGuire
WHEREAS, Costs have been determined for the improvements of Sunset Avenue, Project #13-011,
the City cost are $1,273,313.63; 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.
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 portion of the cost of such improvements to be paid by the City is hereby declared to be
$1,273,313.63, and the portion of the cost to be assessed against benefited property owners is
declared to be $804,036.84.
3.Assessments shall be payable on an equal principal installment method extending over a period of 10
years for street improvements and 20 years for sewer and water 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 4.25 % 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 12 day of August, 2013, in City Council Chambers at 7:00 P.M. to
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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 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 8th DAY OF JULY, 2013.
YES NO
Hedberg X Hedberg
Keeney X Keeney
McGuire X McGuire
Morton Absent Morton
Soukup X Soukup
______________________________
Frank Boyles, City Manager
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