HomeMy WebLinkAbout96-181 CITY OF LAKEVILLE
RESOLUTION
DATE October 21, 1996 RESOLUTION NO. 96-181
MOTION BY Johnson SECONDED BY Mulvihill
RESOLUTION ADOPTING ASSESSMENTS FOR
IMPROVEMENT PROJECT 93-12
UTILITY AND STREET IMPROVEMENTS
FOR 202ND STREET WEST
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 Sanitary Sewer,
• Watermain, Storm Sewer, Street and Trail Improvements for 202nd Street West, Improvement
Project 93-12.
NOW, THEREFORE, BE IT RESOLVED by the City Council of Lakeville,
Minnesota:
1. Such proposed assessment No. 819 in the amount of $ 247,635.00, 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 installments over a
period of twenty (20) years, the first of the installments to be payable on or before the first
Monday in January 1998, and shall bear interest at the rate of 7.137 percent per annum from
the date of the adoption of this assessment resolution. To the first installment shall be added
interest on the entire assessment from the date of this resolution until December 31, 1997. 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
RESOLUTION, CONT.
PAGE TWO
charged if the entire assessment is paid within thirty (30) days from the adoption of this
resolution; and he or 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 December 31, 1996, 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 City Council of the City of Lakeville, Minnesota, on the 21st day of
October, 1996.
CITY OF LAKEVII..LE
BY: -~~a- ~ P~-~
Duane Zaun, M or
ATTEST:
harlene Friedges, City erk
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