HomeMy WebLinkAbout2021-125 Council Resolution CITY OF LINO LAKES
RESOLUTION NO.21-125
RESOLUTION ADOPTING SPECIAL ASSESSMENTS,WATERMARK SURFACE WATER
MANAGEMENT FEE
WHEREAS,pursuant to the development agreement dated March 71h,2019,the developer waives all rights to a
hearing on conducting of local improvements which will benefit the properties within the Watermark development
which requested connection to City utilities,
NOW,THEREFORE, BE IT RESOLVED by the City Council of Lino Lakes:
1. Such proposed assessment, a copy of which is attached hereto and made a part thereof, is hereby
accepted and shall constitute the special assessment against the lands named therein, and each tract of
land therein included is hereby found to be benefited by the proposed improvement in the amount of the
assessment levied against it.
2. Such assessment shall be payable in equal annual installments extending over a period of ten years, the
first installment to be payable on or before the first Monday in January, 2022, and shall bear interest at
the rate of five percent(5%)per annum from the date of the adoption of this assessment resolution. To
the first installment shall be added interest on the entire assessment from the date of this resolution until
December 31, 2021. To each subsequent installment when due shall be added interest for one year on
all unpaid installments.
3. The owner of any property so assessed may, at any time prior to certification of the assessment to the
County Auditor,pay the whole of the assessment on such property, with interest accrued to the date of
payment,to the City, except that no interest shall be charged if the entire assessment is paid within 30
days from the adoption of this resolution; and the owner may, at any time thereafter, pay to the City 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 next succeeding year.
4. The clerk shall forthwith transmit a certified duplicate of this assessment to the County Auditor to be
extended on the property tax lists of the County. Such assessments shall be collected and paid over in
the same manner as other municipal taxes.
Adopted by the City Council of Lino Lakes,Minnesota this 251'day of October,2021.
The motion for the adoption of the foregoing resolution was introduced by Councilmember Ruhland
and was duly seconded by Councilmember Stoesz and upon vote being taken thereon, the following
voted in favor thereof: Ruhland, Stoesz, Lyden, Cavegn, Rafferty
The following voted against same: None
Rob Rafferty, Mayor
ATTEST:
Bartell, City C rk
ASSESSMENT ROLL OCTOBER 25, 2021
SURFACE WATER MANAGEMENT FEE ASSESSMENTS
LINO LAKES, MINNESOTA
SANITARY WATER
SANITARY ACCESS WATER ACCESS SURFACE TOTAL
PIN ADDRESS ACRE TRUNK CHARGE(SAC) TRUNK CHARGE (WAC) WATER ASSESSMENT
133122240002 U.S. Home Corporation 109.8 $ - $ - $ - $ - $ 407,611.22 $ 407,611.22
133122210006 U.S. Home Corporation 52.2 $ - $ - $ - $ - $ 193,782.38 $ 193,782.38
123122340004 U.S. Home Corporation 59.5 $ - $ - $ - $ - $ 220,882.22 $ 220,882.22
TOTAL $ - $ - $ - $ - $ 822,275.82 $ 822,275.82