HomeMy WebLinkAbout2026-065CITY OF LAKE ELMO
WASHINGTON COUNTY
STATE OF MINNESOTA
RESOLUTION NO.2026-065
A RESOLUTION DECLARING COST TO BE ASSESSED AND
ORDERING A HEARING ON PROPOSED ASSESSMENT FOR THE
2026 STREET IMPROVEMENTS
WHEREAS, estimated total project costs have been calculated for the 2026 Street
Improvements including street and drainage improvements; and
WHEREAS, the total cost of the public improvements will be $2,142,000; and
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.
NOW, THEREFORE, BE IT RESOLVED,
1. The portion of the cost of such street and drainage improvements to be covered by the City
is hereby declared to be $1,498,900 and the portion of the cost to be assessed against
benefited property owners is declared to be $643,100.
2. 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.
Assessments shall bepayablein equal annual installments extending over 15 years for
street and drainage improvements, the first of the installments to be payable on or before
the first Monday in January, 2027 and shall bear interest at the rate of 5.0 percent per annum
from the date of the adoption of the assessment resolution.
4. A public hearing shall be held on the 20th day of October, 2026, 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.
5. The City Clerk is hereby directed to cause notice of the hearing on the proposed assessment
to be published once in the official newspaper at least two weeks prior to the hearing, and
they shall state in the notice the total cost of the improvement. They 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.
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 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 November 15 or interest will be charged
through December 31 of the succeeding year.
ADOPTED BY THE LAKE ELMO CITY COUNCIL ON THE FIFTEENTH DAY OF
SEPTEMBER, 2026.
CITY OF LAKE ELMO
01111-5-216-2 -7-
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