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HomeMy WebLinkAbout8. Assessment Hearing - Brockway Draw Trunk Sanitary Sewer Improvements, City Project #296CITY OF ROSEMOUNT DAKOTA COUNTY, MINNESOTA RESOLUTION 1998 - 118 A RESOLUTION ADOPTING THE ASSESSMENT ROLL FOR BROCKWAY DRAW TRUNK SANITARY SEWER IMPROVEMENTS CITY PROJECT #286 WHEREAS, pursuant to notice duly given as required by law, the City Council has met, heard and passed upon all objections to the proposed assessment for the Brockway Draw Trunk Sanitary Sewer Improvements, City Project #286 and has amended such proposed assessment as it deems just. NOW THEREFORE BE IT RESOLVED by the City Council of the City of Rosemount, Minnesota, as follows: (1) Such proposed assessment, in the amount of $311,313, a copy of which is in Clerk's File 1998 -31 is hereby accepted and shall constitute the special assessment against the lands named therein, and each tract of land therein is hereby found to be benefited by the proposed improvement. (2) Such assessments shall be as follows: a. The assessments shall be payable in equal annual installments extending over a period of ten (10) years, the first of said installments to be payable with general taxes for the year 1998, collectible with such taxes during the year 1999. b. To the first installment shall be added interest at the rate of 6.593% per annum on the entire principal amount of the assessment from the date of this resolution until December 31 of the year in which such installment is payable. To each subsequent installment, when due there shall be added interest for one year at said rate on the unpaid principal amount of the assessment. c. The owner of any property so assessed may at any time prior to the certification of the assessment or the first installment thereof to the County Auditor, pay the whole of the principal amount 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 date hereof; and such property owner may at any time prior to November 15 of any year pay to the County Auditor the entire principal amount of the assessment remaining due with interest accrued to December 31 of the year in which said payment is made. Resolution 1998 - 1 18 - (3) The City Clerk shall forthwith transmit a certified duplicate copy of this assessment roll to the County Auditor to be extended on the tax list of the County. ADOPTED this 20th day of October, 1998. ATTEST: Sus M. W h, City Clerk 1 Motion by: Voted in favor: Voted against: Carroll Cathy BusV0, If7layor Seconded by: Busho, Carroll, Edwards, Wippermann. None. Member absent: Anderson. J 4 Edwards