Resolution 2013-013 Declaring Cost Assessed and Calling Hearing on Olson Lake Trail Sanitary Sewer Extension

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CITY OF LAKE ELMO AESOLUTION NO. 2013-13 A RESOLUTION DECLARING COST TO BE ASSESSED AND CALLING HEARING ON PROPOSED ASSESSMENT FOR OTRAIL LSON LAKESANITARY SEWER EXTENSION HEREAS, estimated project costs have been calculated for the extension of sanitary sewer along Olson Lake Trail from an existing Oakdale Iift station and extending approximately 550 feet north so that the total estimated project cost of the improvements will be $128,000; and, WHEREAS, the city will enter into a Joint Powers Agreement with the City of Oakdale to jointly implement the project and share in the project costs; with the Labe Elmo share of the cost being $84,540; and, WHEREAS, the city clerk has prepared, with the assistance of the city engineer, the proposed assessment roll and has filed the proposed assessment in his office for public inspection. � 1. The portion of the project cost of the improvement to be assessed against benefitted Lake Elmo property owners is declared to be $74,000 and the remaining portion of the project, in the estimated amount of $10,540 to be paid by the City. 2. Assessments shall be payable in equal annual installments extending over a period of 15 years, the first of the installments to be payable on or before the first Monday in January, 2014, and shall bear interest at the rate of 4.0 percent per annum from the date of the adoption of the assessment resolution. �. A hearing shall be held on the 19th day of March, 2013, 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. 4. The city clerk is hereby directed to cause a 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 he shall state in the notice the total cost of the improvement. He shall also cause mailed notice to be given to the owner of each parcel described in the assessment roil not less than two weeks prior to the hearing. 5. 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 clerk, except that no interest shall be charged if the entire assessment is paid within 30 days from the adoption of the assessment. An owner may at any time thereafter, pay to the city clerk the entire amount Resolution No. 2013-13