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HomeMy WebLinkAbout00-258 CITY OF LAKEVILLE RESOLUTION DATE October 16, 2000 RESOLUTION NO. 2000-258 MOTION BY Mulvihill SECONDED BY Johnson RESOLUTION ADOPTING ASSESSMENTS FOR IlVIPROVEMENT PROJECT 00-1 DISTRICTS 5 & 6 SEALCOATING AND OVERLAY 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 Districts 5 & 6, Sealcoating and Overlay, Improvement Project 00-1. • NOW THEREFORE BE IT .RESOLVED by the City Council of .Lakeville, Minnesota: 1. Such proposed assessment No. 1027 in the amount of $197,850.78, 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 two (2) years, the first of the installments to be payable on or before the first Monday in January 2001,` and shall bear interest at the rate of 7.5 % 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, .2001. 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. i 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 he 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, 2004, 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 16th day of October, 2000. CITY OF LAKEVII.LE BY: D e Zaun, M r • TTESTc Charlene Friedges, Ci Clerk •