HomeMy WebLinkAbout08-152 CITY OF LAKEVILLE
RESOLUTION NO. 08-152
RESOLUTION ADOPTING ASSESSMENTS FOR
IMPROVEMENT PROJECT 08-01
PORTIONS OF DONNAY'S VALLEY PARK 3RD ADDITION AND NIAKWA VILLAGE
1ST & 3RD ADDITIONS STREET RECONSTRUCTION
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
Portions of Donnay's Valley Park 3~d Addition and Niakwa Village 1St & 3~d Additions,
Improvement Project 08-01
NOW, THEREFORE, BE IT RESOLVED by the City Council of Lakeville,
Minnesota:
1. Such proposed assessment No. 1247 in the amount of $ 173,298:32, 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 principal
installments over a period of ten (10) years, the first of the installments to be payable
on or before the first Monday in January 2009, and shall bear interest at the rate of
5.5% 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, 2009. 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 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, 2008, or interest will be charged through
December 31 of the succeeding year.
RESOLUTION, CONT.
PAGE TWO
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.
DATED this 20 day of October 2008.
CITY OF LAKEVILLE
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olly Dahl M yoj i
ATTEST:
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Charlene Friedge~' ity Clerk
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