HomeMy WebLinkAboutResolution 98-60CITY OF LAKE ELMO
WASHINGTON COUNTY, MINNESOTA
RESOLUTION NO. 98- 60,
A RESOLUTION ADOPTING THE FINAL ASSESSMENT FOR THE
1998 OVERLAY PROJECTS
WHEREAS, pursuant to proper notice duly given as required by law, the Council has met and
heard and passed upon all objections to the proposed assessment for the 1998 Overlay Projects: Jane Court
North, Jamley Avenue North, 10t` Street Lane, Stillwater Lane, 33rd Street Lane.
NOW, THEREFORE, BE IT RESOLVED BY THE LAKE ELMO CITY COUNCIL:
I. Such proposed assessment, a copy of which is attached hereto and made a part hereof, 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 five
(5) years. The first of the installments to be payable on or before the first Monday in January
1999, and shall bear interest at the rate of 6 percent per annum from the date of the adoption
of the assessment resolution. To the first installment shall be added interest on the entire
assessment from the date of this resolution until December 31, 1998. 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 certificat6ion of the
assessment to the County Auditor, pay the whole of the assessment on such property with
interest accrued to the date of the payment, to the City Treasurer, except that.no interest shall
be charged if the entire assessment is paid within 30 days from the adoption of this resolution.
He may, at anytime 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 20, 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 Lake Elmo City Council this 20d' day of October, 1998.
Lee Hunt, Acting Mayor
ATTEST:
Mary Kueffner, City Administrator