HomeMy WebLinkAboutResolution 2006-118CITY OF LAKE ELMO
WASHINGTON COUNTY, MINNESOTA
RESOLUTION NO, 2006-118
A RESOLUTION ADOPTING ASSESSMENT FOR THE
WATER INTERCONNECTION PROJECT — PHASE IV
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 Water Interconnection Project — Phase IV 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 seven (7) years, the first of the installments to be payable on or before
the first Monday in January, 2007, 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, 2006. 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 the 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 o ember, 2006,
A
Dean A. Johnston, TM-fyor
N036
Charl8'S. Dillerud, Assistafif City Administrator
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