HomeMy WebLinkAbout07-176 Special Assessment CR 12
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4646 Dakota Street S.E.
Prior Lake, MN 55372-1714
RESOLUTION 07- 176
RESOLUTION ADOPTING ASSESSMENTS FOR THE COUNTY ROAD 12 RECONSTRUCTION
PROJECT FROM TRUNK HIGHWAY 13 TO PHEASANT MEADOW LANE
Motion By: Hedberg
Second By: Millar
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 County
Road 12 Reconstruction from Trunk Highway 13 to Pheasant Meadow.
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. Such proposed assessment, 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 benefited by the proposed
improvement in the amount of the assessment levied against it.
3. Such assessments shall be payable on an equal principal method extending over a period of
ten (10) years for paving. 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 six (6) percent per annum from the date of adoption
of this assessment resolution. To the first installment shall be added seventy-five (77) days of
interest on the entire assessment from the date this resolution is adopted to December 31,
2007. 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.
6. The portion of the cost of such improvements to be paid by the City is hereby declared to be
$1,013,718.00, and the portion of the cost to be assessed against benefited property owners is
declared to be $54,963.00.
PASSED AND ADOPTED THIS 15th DAY OF OCTOBER, 2007.
YES NO
Hau en X Hau en
Erickson X Erickson
Hedber X Hedber
LeMair X LeMair
Millar X Millar
Frank B I ,City Manager
www.cityofpriorlake.com
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