HomeMy WebLinkAbout82-069 .
CITY OF LAKEVILL.E
RESOLUTION
.Date September 20, 1982 Resolution No. 82-69
Motion by Sindt Seconded by Enright
RESOLUTION AUTHORIZING THE ABATEMENT
OF SPECIAL ASSESSMENTS
WHEREAS,; on September 30, 1980, the City of Lakeville entered
into a Development Contract and Planned Unit Development Agreement with
J.- Byron Watschke, General Partner, Lakeville "385",concerning Lake
Villa'Golf Estates; and`
WHEREAS, on March 25, 1981, First Bank St. Paul provided a
letter of credit in the amount of $277,111.75 as security for improve-
menu to Lake Villa Golf. Estates; and
WHEREAS, on July 29, 1982, the-City drew $277,111.75 on the
letter of credit.
NOW, THEREFORE, BE IT RESOLVED by the Lakeville City Council
that the Counay auditor is hereby authorized to abate the special assess-
menu payable in 1982 on the. following parcels.-
.Parcel Assmt. # Principal Interest Total
22-01210-010-50 143 $ 5,101.31 $ 14,826.46 $ 19,927.77
22-01210-010-50 144 .19,458.63 14,138.65 33,597.2'8
22-01110-010-76 144 129,495.37 94,091.33 223,586.70
$154,055.31 $123,056.44 $277,111.75
APPROVED AND ADOPTED by the City Council of the City of
Lakeville, Minnesota, this 20th. day of September , 1982.
CITY OF LAKEVILLE
BY :
or
Robert Je en, May
ATTEST
Patrick E. McGarvey, City Clerk