HomeMy WebLinkAbout16-140 Manitou Road Assessment
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 16-140
A RESOLUTION ADOPTING ASSESSMENTS FOR THE MANITOU ROAD IMPROVEMENT
PROJECT (CITY PROJECT #TRN16-000001)
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
Manitou Road Improvement Project, City Project #TRN16-000001.
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 Manitou Road Improvement Project, City Project #TRN16-
000001, 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 in the total amount of $8,963.24 per unit shall be payable on an equal
principal method extending over a period of ten (10) years for street and storm improvements,
the first of the installments to be payable on or before the first Monday, in January 2016, and
shall bear interest at the rate of three and sixty-nine hundredths (3.69) percent per annum
from the date of the adoption of this assessment resolution. To the first installment of each
assessment shall be added interest on the entire assessment from October 25 until December
31 of the year in which the first installment is payable, and to each subsequent installment
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 he/she may, at any time thereafter, pay to the
city treasurer the entire amount of the assessment remaining unpaid, with interest accrued to
December 31 of the year in which such payment is made. Such payment must be made
before November 15 or interest will be charged through December 31 of the next succeeding
year.
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 24th DAY OF OCTOBER 2016
2
VOTE Hedberg Keeney McGuire Morton Thompson
Aye ☒ ☐ ☒ ☒ ☒
Nay ☐ ☐ ☐ ☐ ☐
Abstain ☐ ☐ ☐ ☐ ☐
Absent ☐ ☒ ☐ ☐ ☐
______________________________
Frank Boyles, City Manager