HomeMy WebLinkAbout19-096 2019 Overlay Call for Hearing
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 19- 096
A RESOLUTION DECLARING FEES TO BE ASSESSED AND ORDERING PREPARATION
OF PROPOSED ASSESSMENT ROLL FOR THE 2019 MILL AND OVERLAY
IMPROVEMENT PROJECT #STR19-000001 AND ESTABLISHING THE DATE OF THE
ASSESSMENT HEARING AND PUBLICATION THEREOF
Motion By: Erickson Second By: Thompson
WHEREAS, A contract has been let and the improvements have been completed for the 2019
Mill and Overlay Improvement Project (STR19-000001); and
WHEREAS, City Council has approved the 2019 Fee Schedule which included the Mill and
Overlay fee amount of $1266 for single family. 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 filled 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 benefitted property owners is declared to be $1,266.
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 calculated
from the public hearing date to the end of this year plus 12 months of the next year and shall
bear interest at the rate of 4.04% per annum from the date of adoption of the assessment
resolution.
4. The amount assessed is based on the City’s 2019 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 City
Council thereof.
6. A public hearing shall be held on the 7th day of October 2019, in City Council Chambers at
7:00 P.M. to pass upon such proposed assessment and at such a 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 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 accurued to the date of payment, to the City Finance Director, except that no
interest will be charged if the entire assessment is paid with 30 days from the adoption of
M:\City Clerk\CITY COUNCIL\08 19 2019\STUFF\19-096 2019 Overlay Call for Hearing.docx 2
the assessment. The owner may, at any time thereafter, pay to the City Finance Director,
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 14 or interest will be charged through December 31 of the succeeding year.
Passed and adopted by the Prior Lake City Council this 19th day of August 2019.
VOTE Briggs Thompson Burkart Braid Erickson
Aye ☒ ☒ ☒ ☒ ☒
Nay ☐ ☐ ☐ ☐ ☐
Abstain ☐ ☐ ☐ ☐ ☐
Absent ☐ ☐ ☐ ☐ ☐
______________________________
Lori Olson, Interim City Manager