HomeMy WebLinkAbout13-106 CR 12 Assessment RollPRIp\
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4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 13 -106
A RESOLUTION ADOPTING ASSESSMENTS FOR THE CSAH 12 IMPROVEMENTS PROJECT, CITY
PROJECT #12 -002
Motion By: Morton
Second By: McGuire
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 CSAH 12
Improvements Project, City Project # 12 -002.
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 proposed assessment for the CSAH 12 Improvements Project, City Project #12 -002, 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 benefitted
by the proposed improvement in the amount of the assessment levied against it.
3. The assessment shall be payable on an equal principal method extending over a period of ten (10) years
for street and storm improvements and a period of twenty (20) years for sanitary 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 four and twenty -five hundredths (4.25) percent per annum from the date of adoption of this assessment
resolution. To the first installment shall be added one hundred forty -two (142) days of interest on the
entire assessment from the date this resolution is adopted to December 31, 2013. 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.
PASSED AND ADOPTED THIS 12 DAY OF AUGUST, 2013.
YES
NO
Hedberg
X
Hedberg
Keeney
X
Keeney
McGuire
X
McGuire
Morton
X
Morton
Soukup
X
Soukup
- ( �J'l I -
Frank B IPs, Gity Manager