HomeMy WebLinkAbout2018-103CITY OF LAKE ELMO
WASHINGTON COUNTY
STATE OF IVHNNESOTA
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WHEREAS, estimated project costs have been calculated for the Old Village Phase 3
Street and Utility Improvements; and
WHEREAS, the estimated total cost of the improvements is $2,052,500.
WHEREAS, the City Clerk and City Engineer have prepared the proposed assessment roll
and will maintain said assessment roll on file in the City offices for public inspection.
1. The portion of the cost of such street, drainage, and sidewalk improvements to be paid by
the City is hereby declared to be $447,075, and the portion of the cost to be assessed against
benefited property owners is declared to be $567,225.
2. The portion of the cost of such sanitary sewer improvements to be paid by the City is hereby
declared to be $0, and the portion of the cost to be assessed against benefited property
owners is declared to be $983,100.
3. The portion of the cost of such watermain improvements to be paid by the City is hereby
declared to be $418,063, and the portion of the cost to be assessed against benefited
property owners is declared to be $34,837.
4. The City Clerk, with the assistance of the City Engineer, has calculated the proper amount
to be specially assessed for such improvements against every assessable lot, piece or parcel
of land to be benefited by the improvements, and the Clerk has filed a copy of such
proposed assessment in the City offices for public inspection.
5. Assessments shall be payable in equal annual installments extending over 15 years for
street and drainage improvements, and 20 years for sanitary sewer improvements, the first
of the installments to be payable on or before the first Monday in January, 2019 and shall
bear interest at the rate of 3.26 percent per annum from the date of the adoption of the
assessment resolution.
6. A public hearing shall be held on the 2nd day of October, 2018, in the Council Chambers
of the City Hall at or approximately after 7: 00 P.M. to pass upon such proposed assessment.
All persons owning property affected by such improvement will be given an opportunity
to be heard with reference to such assessment.
7. The City Clerk is hereby directed to cause a notice of the hearing on the proposed
assessment to be published once in the official newspaper at least two weeks prior to the
heating, and she shall state in the notice the total cost of the improvernent. She shall also
cause mailed notice to be given to the owner of each parcel described in the assessment
roll not less than two weeks prior to the hearings,
8. The owner of any property so assessed may, at any time prior to certification of the
assessment to the county auditor, pay the entire assessment on such property, with interest
accrued to the date of payment, to the City Clerk. No interest shall be charged if the entire
assessment is paid to the City Clerk within 30 days from the adoption of this assessment.
A property owner 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 October 31 or interest
will be charged through December 31 of the succeeding year.
ADOPTED BY THE LAKE ELMS? CITY COUNCIL ON THE FOURTH DAY OF SEPTEMBER,
2018.
CITY OF LAKE ELMO
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