HomeMy WebLinkAbout16-068CITY OF LAKEVILLE
RESOLUTION NO. 16-68
RESOLUTION ADOPTING ASSESSMENTS FOR
CITY IMPROVEMENT PROJECT 16-04
HIGHVIEW AVENUE FROM CSAH 70 (215TH STREET)
TO THE SOUTH CITY LIMITS
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 for Highview
Avenue from CSAH 70 (215`'' Street) to the south City limits.
NOW, THEREFORE, BE IT RESOLVED by the City Council of Lakeville,
Minnesota:
1. Such proposed assessment No. 1339 in the amount of $129,672.01, 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 twenty (20) years, the first of the installments to be payable
on or before the first Monday in January, 2017. The assessment shall bear interest at the
rate of 4.5% percent per annum from November 15, 2016. To the first installment shall
be added interest on the entire assessment from November 15, 2016 until December 31,
2017. 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, 2016. 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.
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.
ADOPTED by the Lakeville City Council this 16th day of May, 2016
CITY OF LAKEVILLE
Matt Little, Mayor
ATTEST:
Charlene Friedges, City gyrk