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MINUTES <br />CITY COUNCIL <br />OCTOBER 22, 2014 <br />certified against property taxes for collection over a 10 year period at an <br />interest rate of 4.5%. The Engineer noted that after certification <br />assessments can be paid off early to the County at any time. He <br />suggested, however, that payments should be made prior to November 15'x' <br />in the given year or the County will add the next year's interest to the <br />balance. <br />The City Engineer then reviewed the assessment roll as well as a sample <br />amortization schedule for an assessment that would be certified for <br />collection with property taxes. <br />Mike Timmons asked if the street lights would be installed this year. The <br />City Engineer anticipated that they would be installed next week. He also <br />reported that the disturbed areas would be hydro seeded with dormant seed <br />right after street light work in completed. The Engineer noted that the <br />seed would be checked in the spring and reseeding would occur, if <br />necessary. <br />The City Administrator reported that anyone wishing to object to the <br />proposed assessment should do so in writing at this time. Submitting a <br />written objection will preserve the property owners right to contest the <br />assessment in District Court. There were no written objections received. <br />There were no additional comments from the general public. <br />Upon motion by McGraw, seconded by Montour, the assessment hearing <br />was closed. <br />Keis introduced the following resolution and moved its adoption: <br />RESOLUTION NO. 2019-10-205 — ADOPTING THE ASSESSMENT <br />ROLL FOR IMPROVEMENT NO. 2014-12, SCHLETTYDRIVE <br />(SOUTH OF LITTLE CANADA ROAD) BY FULL <br />RECONSTRUCTION, INCLUDING CONCRETE CURB AND <br />GUTTER, UPGRADED STORM SEWER SYSTEM, AS WELL AS <br />THE ADDITION OF WATERMAIN AND STREET LIGHTING AS <br />RECOMMENDED BY CITY STAFF <br />The foregoing resolution was duly seconded by Blesener. <br />Ayes (5). <br />Nays (0). Resolution declared adopted. <br />The Council reviewed the assessment for 540 Schletty Drive. It was noted <br />that the lot is subdividable, therefore, the assessment for the street and <br />watermain improvement is the equivalent of two lots. David Current, 540 <br />2 <br />