HomeMy WebLinkAbout17-128 Declaring Fees to be Assessed and Establishing Assessment Public Hearing
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 17-128
A RESOLUTION DECLARING FEES TO BE ASSESSED AND ORDERING PREPARATION
OF PROPOSED ASSESSMENT ROLL FOR THE 2017 MILL AND OVERLAY
IMPROVEMENT PROJECT #STR17-000001 AND ESTABLISHING THE DATE OF THE
ASSESSMENT HEARING AND PUBLICATION THEREOF
Motion By: McGuire Second By: Burkart
WHEREAS, A contract has been let and the improvements have been completed for the 2017 Mill and
Overlay Improvement Project (STR17-000001); and
WHEREAS, City Council has approved the 2017 Fee schedule which included Mill and Overlay fee
amounts of $1200 for single family and $960 for multifamily (0.8 x $1,200). Commercial and
industrial parcels are assessed based on the Residential Equivalent Density (RED); 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.
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 fees to be assessed against benefited property owners is declared to be $350,357.
3. Assessments shall be payable on an equal principal installment method extending over a period of 5
years. The first installment shall be the annual principal plus interest calcu lated 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
3.80% per annum from the date of the adoption of the assessment resolution.
4. The amount to be assessed is based on the City’s 2017 Fee Schedule and will be specially assessed
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 18th day of September 2017, in City Council Chambers at 7:00
P.M. to 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 no 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
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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 my, at any time thereafter, pay to
the City Finance Director the entire amount of the assessment remaining unpaid, with interest ac crued
to December 31 of the year in which such payment is made. Such payment much be made before
November 11 or interest will be charged through December 31 or the succeeding year.
Passed and adopted by the Prior Lake City Council this 21st day of AUGUST, 2017.
VOTE Briggs McGuire Thompson Braid Burkart
Aye ☒ ☒ ☒ ☒ ☒
Nay ☐ ☐ ☐ ☐ ☐
Abstain ☐ ☐ ☐ ☐ ☐
Absent ☐ ☐ ☐ ☐ ☐
______________________________
Frank Boyles, City Manager