Laserfiche WebLink
CITY OF LINO LAKES <br /> RESOLUTION NO. 22-118 <br /> RESOLUTION ADOPTING SPECIAL ASSESSMENTS,BUTLER ADDITION <br /> WHEREAS,pursuant to the development agreement dated August 1 lth,2021,the developer waives all rights to a <br /> hearing on conducting of local improvements which will benefit the properties within the Butler Addition <br /> development which requested connection to City utilities, <br /> NOW,THEREFORE, BE IT RESOLVED by the City Council of Lino Lakes: <br /> 1. Such proposed assessment, a copy of which is attached hereto and made a part thereof, is hereby <br /> accepted and shall constitute the special assessment against the lands named therein, and each tract of <br /> land therein included is hereby found to be benefited by the proposed improvement in the amount of the <br /> assessment levied against it. <br /> 2. Such assessment shall be payable in equal annual installments extending over a period of fifteen years, <br /> the first installment to be payable on or before the first Monday in January, 2023, and shall bear interest <br /> at the rate of five percent (5%)per annum from the date of the adoption of this assessment resolution. <br /> To the first installment shall be added interest on the entire assessment from the date of this resolution <br /> until December 31, 2022. To each subsequent installment when due shall be added interest for one year <br /> on all unpaid installments. <br /> 3. The owner of any property so assessed may, at any time prior to certification of the assessment to the <br /> County Auditor, pay the whole of the assessment on such property, with interest accrued to the date of <br /> payment, to the City, except that no interest shall be charged if the entire assessment is paid within 30 <br /> days from the adoption of this resolution; and the owner may, at any time thereafter, pay to the City the <br /> entire amount of the assessment remaining unpaid,with interest accrued to December 31 of the year in <br /> which such payment is made. Such payment must be made before November 15 or interest will be <br /> charged through December 31 of the next succeeding year. <br /> 4. The clerk shall forthwith transmit a certified duplicate of this assessment to the County Auditor to be <br /> extended on the property tax lists of the County. Such assessments shall be collected and paid over in <br /> the same manner as other municipal taxes. <br /> Adopted by the City Council of Lino Lakes, Minnesota this 1 Oth day of October, 2022. <br /> The motion for the adoption of the foregoing resolution was introduced by Councilmember Lyden and was <br /> duly seconded by Councilmember Cavegn and upon vote being taken thereon, the following voted in favor <br /> thereof. Ruhland, Cavegn, Stoesz, Lyden, Rafferty <br /> The following voted against same: None <br /> Rob afferty,Mayor <br /> ATTEST: <br /> Jtrfia4e Bartell, City C erk <br />