HomeMy WebLinkAbout93-101
RESOLUTION 93-101
RESOLUTION ADOPTING ASSESSMENT FOR
LIME ROAD AND CENTER ROAD Il\fPROVEMENTS
PR.OJECT #93-12
MOTION BY:
KHDROWSKI
SECONDED BY:
FITZGERAI~n
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 assessment
for the improvements of Project #93-12.
NOW THEREFORE BE IT RESOLVED BY THE MAYOR AND CI1Y COUNCIL OF PRIOR
LAKE, MINNESOTA:
1. Such proposed assessment, a copy of which is attached hereto and made a 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.
2. Such assessment shall be payable on an equal principal method extending over a
period of lil years. The fust installment shall be the annual principal plus interest
calculated from the Public Hearing date to the end of this year plus the twelve
months of the next year and shall bear interest at the rate of 6 percent per annum
from the date of the adoption of this assessment resolution. To the fltSt
installment shall be added interest on the entire assessment from the date of this
resolution until December 31,~. To each subsequent installment when due
shall be added interest for one year on all unpaid installments.
3. 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, except that no interest will
be charged if the entire assessment is paid within 30 days; and an 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.
4. The City Manager 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.
5. The fmal project cost apportionment has been detennined to be $123,177.66 of
4629 Dakota St. S.E., Prior Lake, Minnesota 55372 / Ph. (612) 447-4230 / Fax (612) 447-4245
AN EQUAL OPPORTUNITY EMPWYER
which $123,177.66 shall be to be assessed to the benefitted property owners as
per attached assessment roll.
Passed and adopted this -15-- th day of Novemher
YES
Andren
Fitzgerald
Kedrowski
Scott
White
Andren
Fitzgerald
Kedrowski
Scott
White
x
X
X
X
X
Frank Boyles ,/
City Managei'
City of Prior ~.
{ Seal}
, 1993.
L~
NO