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HomeMy WebLinkAboutResolution 2007-083CITY OF LAKE ELMO WASHINGTON COUNTY, STATE OF MINNESOTA RESOLUTION NO. 2007- 083 RESOLUTION ADOPTING ASSESSMENT ROLL FOR CITY WATER CONNECTION SYSTEM INTERCONNECT PROJECT PHASES I F± 11 WHEREAS, on September 2, 2006, the Lake Elmo City Council adopted Resolution No. 97-176 which established Lateral Water Main Charges for the City's Water Connection System Interconnect Project Phases I a If ("Project"); WHEREAS, on June 5, 2007, the Lake Elmo City Council adopted Resolution No. 2007-042 which provided that property owners who connected to the Project prior to September 1, 2007 would have the right to elect to have the Lateral Water Main Charges and Connection Charges specialty assessed against their property over five (5) years at an interest rate of 5.75% per annum; WHEREAS, the following property owners have signed Lateral Water Main Benefit Charge and Connection Charge Repayment Agreements ("Agreements") which have been approved by the Lake Elm City Council: Neil. Krueger Et Deborah Krueger 1102921410002 4452 Lake Elmo Ave. Lake Elmo, MN 55042 Geoffrey Laramy Et Stephanie Laramy 1002921240014 9404 Lake Jane Trail North Lake Elmo, MN 55402 WHEREAS, the Agreements authorize the City of Lake Elmo to specialty assess the Lateral Water Main Charges and Connection Charges against their respective parcels pursuant to provisions of M.S. 444.075, Subd. 4.; and WHEREAS, the City of Lake Elmo has completed all procedures necessary in order to specialty assess the above parcels pursuant to M.S. 444.075, Subd. 4. NOW, THEREFORE, BE IT RESOLVED: 1. The proposed Assessment Rott, a copy of which is attached hereto and made a part hereof, is hereby accepted and shall constitute the Special Assessments against the Tracts of land named therein, and each Tract of land is hereby found to be specially benefited by the improvements resulting from the construction of the Project in the amount of the Special Assessment levied against it. 2. Such Special Assessment shalt be payable in equal annual principal installments extending over a period of five (5) years. The first of the installments is to be payable on or before the first Monday in January, 2008, and shall bear interest at the rate of 5.75% per annum from the date of the adoption of this Special Assessment Resolution until December 31, 2008. To each subsequent installment shall be added interest for one (1) year on all unpaid installments, The City Clerk shalt forthwith transmit a duplicate of this Assessment to the County Auditor to be extended on the property tax list for the County. Such Assessments shall be collected in the same manner as other municipal taxes. Date: November 5, 2007 ATTEST: Susan J. Hoyt City Administrator CITY OF LAKE ELMO y By:= Dean Johnston Mayor This resolution was adopted by the City Council of the City of Lake Elmo on the 5th dayof November 20079 by a vote of 5 Ayes and 0 Nays. F: \users\ Jessica \Jerry\4E \Resolution -City Water System Interconnect Project.v2,doc Mayor Johnson Council Member Council Member Council Membef Council Member Aye DeLapp - Aye Johnson - Aye Park _ Aye Smith - Aye N