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• CITY OF LAKEVILLE
DAKOTA COUNTY, MINNESOTA
RESOLUTION
Date August 17, 1992 Resolution No. 92-137
Motion By Harvey Seconded By Ruhmann
RESOLUTION ADOPTING ASSESSMENT FOR
IMPROVEMENT PROJECT 89-9
SANITARY SEWER, WATERMAIN~ STORM SEWER,
AND STREET IMPROVEMENTS FOR
WEST ORCHARD LAKE AREA (JUDICIAL ROAD)
WHEREAS, pursuant to proper notice duly given as required by
law, the City Council has met, heard, and passed upon all objections
to the proposed assessment for Improvement Project 89-9.
NOW, THEREFORE, BE IT RESOLVED by the City Council of
Lakeville, Minnesota:
1. The assessment roll for Project 89-9 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. The assessments designated as Levy No. 590 and attached
hereto as Exhibit "A" are payable in equal annual installments over a
period of 20 years, the first of the installments to be payable on or
before the first Monday in January, 1994, and shall bear interest at
the rate of 8.32 percent per year 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, 1993. To each subsequent installment when due shall
be added interest for one year on all unpaid installments.
3. The assessments designated as Levy No. 591 and attached
hereto as Exhibit "B" are deferred with interest at the rate of 8.32
percent per year from the date of the adoption of this assessment
resolution. The deferment will end in accordance with the terms set
forth in the exhibit. When a deferment ends, the assessment shall be
payable in equal annual installments with the last installment payable
twenty (20) years from the date of the adoption of this resolution. If
a deferment does not end within twenty (20) years, the assessment
shall terminate.
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
r08/13/92
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• the date of payment, to the City .Treasurer, except that no interest
shall be charged if the entire assessment is paid within thirty (30)
days from the adoption of this resolution; and he 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, 1992, or interest will be charged through December
31 of the succeeding year.
5. The 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 this 17th day of August , 1992, by the City
Council of the City of Lakeville.
CITY OF L~AKEVILLE
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BY : .C.: ;
Duane R. Zaun, a or
TTES~~ s~
Charlene Friedges,,~ity Clerk
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