HomeMy WebLinkAbout15-071CITY OF LAKEVILLE
RESOLUTION NO. 15-71
RESOLUTION ADOPTING ASSESSMENTS FOR
IMPROVEMENT PROJECT 15-05
HAMBURG AVENUE IMPROVEMENT PROJECT
WHEREAS, pursuant to proper notice duly given as required by law, the Council
has met, heard and passed upon all objections to the proposed assessment The Hamburg
Avenue Improvement Project, which extends from Lakeville Boulevard to 2201 Street, City
Improvement Project 15-05; and
NOW, THEREFORE, BE IT RESOLVED by the City Council of Lakeville,
Minnesota:
1. Such proposed assessment No. 1330 in the amount of $167,197.35, a copy of
which is attached hereto and made a 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.
2. Such assessments shall be considered payable in equal annual principal
installments over a period of ten (10) years, the first of the installments to be payable on
or before the first Monday in January 2016. The assessment shall bear interest at the rate
of 4.8% percent per annum from November 15, 2015. To the first installment shall be
added interest on the entire assessment from November 15, 2015 until December 31,
2016. To each subsequent installment when due shall be added interest for one year on
all unpaid installments.
3. 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 payment, to the City Treasurer, except that no interest
shall be charged if the entire assessment is paid before November 15, 2015. The owner of
any property at any time thereafter may 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 15th or
interest will be charged through December 31 of the succeeding year.
RESOLUTION, CONT.
PAGE TWO
4. The City Clerk shall forthwith transmit a certified duplicate of this assessment
to the County Auditor to be extended on the proper tax lists of the county, and such
assessments shall be collected and paid over in the same manner as other municipal taxes.
DATED this 11 day of June 2015
CITY OF LAKEVILLE
MA Little, Mayor
ATTEST:
Charlene Friedges, City C k
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