09-25-2013 Council Agenda - Laserfiche WebLink

Home Browse Search

515 Little Canada Road, Little Canada, MN 551174600 (651) 766 -4029 / FAX: (651) 766 -4048 www.ci.little-canada.mn.us CITY OF LITTLE CANADA NOTICE OF PUBLIC HEARING ON PROPOSED ASSESSMENT IMPROVEMENT NO. 2013-08 TO WHOM IT MAY CONCERN: MAYOR 13i11 Blesener COUNCIL. Rick Montour John ICeis Michael McGraw Shelly Boss ADMINISTRATOR Joel R. llanson Notice is hereby given that the City Council will meet at 7:15 P.M. on Wednesday, September 25, 2013 at the City Center located at 515 East Little Canada Road in said City to consider, and possibly adopt, the proposed assessment for the cost of the improvement of Pinetree Pond development by streets, utilities, grading, and drainage including storm sewer. Adoption of the proposed assessment may occur at the hearing. All properties abutting said improvement are proposed to be assessed. The amount to be specially assessed against the Pinetree Pond Development is a total of $855,000.00 or $57,000.00 per lot. Such assessment is proposed to be payable in equal annual installments extending over a period of three years, the first of the installments to be payable on or before the first Monday in January, 2014, and will bear interest at the rate of three and three - quarter percent (3.75 %) per annum from the date of the adoption of the assessment resolution. To the first installment shall be added interest on the entire assessment from the date specified in the assessment resolution until December 31, 2013. To each subsequent installment when due shall he added interest for one year on all unpaid installments. You may at any time prior to certification of the assessment to the Ramsey County auditor, pay the entire assessment on such property, with interest accrued to the date of payment, to the City of Little Canada. No interest shall be charged if the entire assessment is paid within 30 days from the adoption of this assessment. You may at any time thereafter, pay to the county auditor 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 November 15 or interest will be charged through December 31 of the succeeding year. If you decide not to prepay the assessment before the date given above, the rate of interest that will apply is Three and three- quarter percent (3.75 %) per year. The right to partially prepay the assessment according to Ordinance No. 369 is available.