09-16-25 City Council Meeting Packet

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CITY OF LAKE ELMO NOTICE OF HEARING ON PROPOSED ASSESSMENT 2025 STREET AND UTILITY IMPROVEMENTS Notice is hereby given that the City Council of Lake Elmo will conduct a public hearing on Tuesday October 21, 2025 at, or approximately after, 7:00 P.M. at Lake Elmo City Hall to consider, and possibly adopt, the proposed assessment against abutting properties for the 2025 Street and Utility Improvements. Adoption by the Council of the proposed assessment may occur at the hearing. The following describes the proposed improvements and area(s) to be assessed: Street and drainage improvements along the public streets within the Irish Court, Teal Pass Estates, Judith Mary Manor, Rolling Hills Estates, Lake Elmo Vista, and Prairie Hamlet neighborhoods, including the reclamation of the street with new bituminous pavement and new concrete curb and gutter. As part of the street improvements the project incorporated partial storm sewer repair and restoration of the existing street drainage system. The project includes approximately 8,000 feet (1.5 miles) of public streets including the following segments: Irish Court Neighborhood: • Irish Court North, from Lake Jane Trail to south end cul-de-sac. Teal Pass Estates Neighborhood: • Jasper Avenue North, from Jane Road to the north cul-de-sac. • 49th Street North, from Jasper Avenue to Jerome Avenue. • Jerome Avenue North, from 49th Street to the east cul-de-sac. 55th Street / 57th Street / Julep Way Neighborhood: • 55th Street North, from 57th Street to the north cul-de-sac (Judith Mary Manor). • 57th Street North, from 55th Street to Julep Way (Rolling Hills Estates). • Julep Way North, from 57th Street to the south cul-de-sac (Lake Elmo Vista). Lake Elmo Vista (55th Street): • 55th Street North, from Keats Avenue to the west cul-de-sac. Prairie Hamlet Neighborhood: • 59th Street Court North, from Keats Avenue to the west loop. You may at any time prior to certification of the assessment to the county auditor on November 21, 2025, pay the entire assessment on such property to the City Clerk with interest accrued to the date of payment. No interest shall be charged if the entire assessment is paid to the City Clerk prior to November 20, 2025. You may at any time thereafter, pay to the City Clerk 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 21 (for the assessment to be certified to County Auditor) or interest will be charged through December 31 of the succeeding year. If you decide not to prepay the assessment before the date given above the rate of interest that will apply is 5.50 percent per year. Once assessments are certified to the County, the assessments are payable in equal annual installments extending over a period of 15 years for street and drainage improvements, the first of the installments to be payable on or before the first Monday in January 2026 and will bear interest