HomeMy WebLinkAbout17-151 Adopting Assessments for the 2017 Mill and Overlay Project
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 17-151
A RESOLUTION ADOPTING ASSESSMENTS FOR THE 2017 MILL AND OVERLAY
IMPROVEMENT PROJECT (CITY PROJECT #STR17-000001)
Motion By: McGuire Second By: Thompson
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 2017 Mill and Overlay
Improvement Project, City Project #STR17-000001.
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 2017 Mill & Overlay Improvement Project, City Project #STR17 -
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 $1,200.00 per Residential Equivalent Density shall be payable
on an equal principal method extending over a period of five (5) years, the first of the installments to be
payable on or before the first Monday in January 2018, and shall bear interest at the rate of three and
eight tenths (3.80) 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 f rom
September 18 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 wil l be charged
through December 31 of the next succeeding year.
5. The Finance Director shall forthwith transit 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 c ollected
and paid to the City in the same manner as other municipal taxes.
Passed and adopted by the Prior Lake City Council this 18 day of September 2017
N:\City Council\Resolutions\2017\17-151 Adopting Assessments for the 2017 Mill and Overlay Project.docx
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VOTE Briggs McGuire Thompson Braid Burkart
Aye ☒ ☒ ☒ ☒ ☒
Nay ☐ ☐ ☐ ☐ ☐
Abstain ☐ ☐ ☐ ☐ ☐
Absent ☐ ☐ ☐ ☐ ☐
______________________________
Frank Boyles, City Manager