HomeMy WebLinkAbout92-026 CITY OF LAKEVILLE
RESOLUTION
Date February 18, 1992 Resolution No. 92--26
Motion by Si1~t Seconded by Harvey
RESOLUTION ADOPTING ASSESSMENT FOR
IMPROVEMENT PROJECT 90-1
SANITARY SEWER, WATERMAIN, STORM SEWER
AND STREET IMPROVEMENTS F6R
205TH STREET WEST AND HOLLINS AVENUE
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 Improvement Project 90-1.
• NOW, THEREFORE, BE IT RESOLVED by the City Council of
Lakeville, Minnesota:
1. Such proposed assessment No. 573 in the amount of $ 66,075.51, 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 20 years, the first of the install-
ments shall bear .interest on or before the first Monday in January,
1994, and shall bear interest at the rate of 7.7989 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, 1993. To each
subsequent installment when due shall be added interest for one year
on all unpaid installments.
C
RESOLUTION, CONT.
• PAGE TWO
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 within 30 days from the
adoption of this resolution; and he may, at any time thereafter, gay
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.
4. 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 by the City Council of the City of Lakeville,
Minnesota, 18th day of February, 1992.
CITY O AKEVILLE
BY:
Du ne Zaun, M y r
ATTEST:
~ F
~~'~~U1
Charlene Friedges, C,ty Clerk
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