HomeMy WebLinkAboutResolution 24-144CITY OF LINO LAKES
RESOLUTION NO. 24-144
ADOPTING INDIVIDUAL ASSESSMENTS
WHEREAS, pursuant to an executed Petition and Waiver Agreement, associated property
owners waive all rights to a hearing on conducting of local improvements which will benefit the
following properties which requested connection to City utilities:
- 6943 2nd Avenue
NOW, THEREFORE, BE IT RESOLVED by the City Council of Lino Lakes:
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 fifteen years for 6943 2nd Avenue. The first installment to be payable on or before the
first Monday in January, 2025, 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, 2024. 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 121h day of November, 2024.
"J zkt�
b afferty, Mayor
ATTEST:
Roberta Colotti, City Clerk
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