HomeMy WebLinkAboutResolution 2004-069CITY OF LAKE ELMO
WASHINGTON COUNTY, MINNESOTA
RESOLUTION NO. 2004-069
A RESOLUTION ADOPTING ASSESSMENT FOR THE RECONSTRUCTION OF
HILL TRAIL NORTH AND 50' STREET NORTH
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
improvement of Hill Trail North and 50"' Street North in Lake Elmo, Minnesota.
NOW, THERFORE, BE IT RESOLVED BY THE CITY COUNCIL OF LAKE
ELMO, MINNESOTA:
1. 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 herby 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 (10) years, the first of the installments to be payable on or before the
first Monday in January, 2005, and shall bear interest at the rate of 5.75 percent
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, 2001. 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 he assessment on such
property, with interest accrued to the date of payment, to the City of Lake Elmo,
except that no interest shall be charged if the entire assessment is paid within 30
days from the adoption of this resolution; and he may, at any time thereafter, pay
to the City of lake Elmo 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.
4. The Finance Director 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 on the 7`" day of September, 2004.
Lee Hunt, Mayor
ATTEST:
Sharon Lumby, City Clerk