HomeMy WebLinkAboutCCRes_97-14No. 97-14
CITY OF FALCON HEIGHTS
COUNCIL RESOLUTION
Date: Mav 14, 1997
RESOLUTION ADOPTING ASSESSMENT OF
LINDIG STREET CONSTRUCTION PROJECT
WHEREAS, the City of Falcon Heights, Minnesota (the "city") has
determined to contract for the improvements (the "improvements") described in the
assessment attached to and incorporated in this resolution affecting Lindig Street
between Larpenteur Avenue and the north end; and
WHEREAS, pursuant to Minnesota Statutes Section 429.051, the city
intends to assess the property owners benefitted by the improvements for the cost of
the improvements, as set forth in the assessment; and
• WHEREAS, pursuantto Minnesota Statut
es section 429.031, subdivision
1, the city has prepared preliminary plans for the proposed improvements, served
notice upon all property owners within the area the city proposes to assess, and has
heard and passed upon all objections to the assessment.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF FALCON
HEIGHTS, MINNESOTA:
The city finds that each parcel of land named in the assessment is
benefitted by the proposed improvements in the amount of the assessment the city
proposes to levy against it in the assessment.
The city accepts the assessment and levies a special assessment against
each parcel of land named in the assessment in the amount in the assessment.
The special assessment shall be payable in equal annual installments of
principal extending over a period often 1101 years. The special assessment shall bear
interest at a rate of seven percent (7%) per annum from the date of this resolution.
The first installment of principal shall be due and payable on or before the first Monday
in the first January following the date of this resolution, together with interest which
has accrued through December 31 of the preceding year.
•
•
•
Each owner of property that is subject to this special assessment may,
at any time before certification of the assessment to the county auditor, pay to the
city the principal amount plus accrued interest then owing, provided the city shall not
charge interest if the entire assessment is paid within thirty (30) days of the date of
this resolution. At any time on or before November 15 of each year in which the
assessment is outstanding, a property owner may prepay the assessment by paying
to the city an amount equal to the principal then outstanding, plus interest through
December 31 of the year in which the property owner prepays. Any prepayment
made after November 15 must include interest through December 31 of the following
year.
The city directs the city clerk to transmit a certified copy of this
resolution to the county auditor for Ramsey County, with instructions to extend the
assessment on the appropriate tax lists of the county, and collect and pay over to the
city the assessment in the same manner as other municipal taxes.
Adopted by the city council of the City of Falcon Heights this 14th day
of May, 1997.
Moved by: Jacobs
GEHRZ 4 In Favor
GIBBON TALBOT (absent)
HUSTAD 0 Against
JACOBS
KUETTEL
Approved by:
Mayor
May 14, 1997
Date
Attested by: ~. l ~;o~~Q-c~~
City Clerk
Mav 14, 1997
Date