HomeMy WebLinkAbout24-120 - Public Improvement and Special Assessment Agreement
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CITY OF LAKEVILLE
DAKOTA COUNTY, MINNESOTA
RESOLUTION NO. 24-120
Resolution Adopting Public Improvement and Special Assessment Agreement
WHEREAS, the property owners (“Owners”) of the property legally described in Exhibit A
attached hereto (“Subject Property”) have requested that the City of Lakeville specially assess the
costs to provide for public watermain connection; and
WHEREAS, the City has received the following signed Public Improvement and Special
Assessment Agreement attached hereto as Exhibit B, waiving all applicable assessment procedural
requirements and requesting to be assessed for the public watermain connection in the amount
itemized therein for the Subject Property.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF LAKEVILLE,
MINNESOTA:
1. The signed Public Improvement and Special Assessment Agreement is hereby
accepted and approved.
2. The public watermain connection costs amounting to $4,508.00 are hereby adopted
and shall constitute a special assessment against the Subject Property and hereby made part of this
Resolution by reference and that the 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 assessment shall be payable in equal annual installments without deferment
extending over a period of ten (10) years, the first of the installments to be payable with taxes paid
in 2025 and shall bear the interest rate of 5.00% per annum. To the first installment shall be added
interest on the entire Assessment from the date of this Resolution until December 31, 2025.
4. The Owner, may at any time pay the City the entire amount of the Assessment
remaining unpaid with interest accrued to December 31 of the year in which the payment is made.
Such payment must be made before November 16 or interest will be charged through December
31 of the next succeeding year. The first installment shall be payable with taxes in 2025.
5. The City Clerk shall forthwith transmit a certified duplicate of this assessment to
the County Auditor to be extended on the property tax lists of the County.
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APPROVED AND ADOPTED this 19th day of August, 2024, by the City Council of the
Lakeville, Minnesota.
CITY OF LAKEVILLE
By: ______
Luke M. Hellier, Mayor
ATTEST:
______________________________
Ann Orlofsky, City Clerk
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EXHIBIT A
Beginning at the Northeast corner of Section 2, Township 114, Range 21, being a cement
monument; thence South on the section line 454 feet to an iron pipe; thence West, 1,044 feet to an
iron pipe in the right of way of the Minneapolis, St. Paul, Rochester & Dubuque Electric Traction
Company; thence in a Northeasterly direction along the right of way of the said Minneapolis, St.
Paul, Rochester & Dubuque Traction Company, to the North Section line to a point in Horse Shoe
Lake; thence East on the section line 959 feet to the place of beginning, Dakota County, Minnesota.
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EXHIBIT B
[Attach Public Improvement and Special Assessment Agreement]