HomeMy WebLinkAbout2007-177 Council Resolution•
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Council Member Stoltz introduced the following resolution and moved its adoption:
CITY OF LINO LAKES
RESOLUTION NO. 07-177
RESOLUTION ADOPTING ASSESSMENT FOR THE COX ESTATES
DEVELOPMENT PROJECT
WHEREAS, pursuant to the development agreement dated May 14, 2007, the developer
waives all rights to a hearing on the conducting of local improvements which will benefit
the properties within the Cox Estates Development,
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF LINO LAKES,
MINNESOTA:
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, 2008, and shall bear interest at the rate of seven percent (7 %)
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, 2007. 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 Treasurer,
except that no interest shall be charged if the entire assessment is paid by
November 15, 2007; and the owner may, at any time thereafter, pay to the City
Treasurer 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 30 or interest will be charged through
December 31 of the next succeeding year.
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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.
Juli.
e Bartell, City Clerk
Adopted by the Lino Lakes City Council this 22nd day of October, 2007.
The motion for the adoption of the foregoing resolution was duly seconded by Council
member (arlson and upon vote being taken thereon, the following voted in favor
thereof:
Stoltz, Carlson, O'Donnell, Reinert, Bergeson
The following voted against same:
none
Whereupon said resolution was declared duly passed and adopted.
FINAL A•MENT ROLL
COX ESTATES ADDITON
LINO LAKES, MINNESOTA
• 10/22/2007
SANITARY SANITARY SANITARY SURFACE
SEWER SEWER SEWER WATERMAIN WATERMAIN WATERMAIN WATER TOTAL
PIN ADDRESS UNIT AREA UNIT FRONT FOOTAGE AREA UNIT FRONT FOOTAGE MGMT ASSESSMENT
Block 1, Lot 2 548 Lois Lane (Deffered Lois 1 $ 662.00 $ 1,150.00 $ 10,280.00 $ 706.00 $ 1,853.00 $ 10,280.00 $ 1,263.00 $ 26,194.00
Lane Assessment)
TOTAL 1 $ 662.00 $ 1,150.00 $ 10,280.00 $ 706.00 $ 1,853.00 $ 10,280.00 $ 1,263.00 $ 26,194.00