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<br />Item No: 7.B <br />Meeting Date: May 23, 2016 <br />Type of Business: Council Business <br />Administrator Review: _____ <br />City of Mounds View Staff Report <br />To: Honorable Mayor and City Council <br />From: Mark Beer, Finance Director <br />Item Title/Subject: Public Hearing to receive Public Input and pass upon <br />Resolution 8577 Adopting a Special Assessment Levy <br />for Unpaid Private Water Line Repairs at 2145 Highway <br />Avenue <br /> <br /> <br />A public hearing is scheduled for 7:00 P.M. or later to receive public input regarding the proposed <br />assessment of unpaid private water line repairs for 2145 Highway Avenue. Under chapter 906.04 <br />subd. 4, each property owner shall be responsible for leak-associated repairs between the water <br />main and the structure located on the premises. <br /> <br />A legal notice of this public hearing was published in the Sun Focus on May 6, 2016. Individual <br />notice of the meeting was sent by first class mail to the affected property owner on April 13, 2016. <br />Attached is the full roll of assessment notices that was sent out. <br /> <br />The property owner may pay the amount due by 4:30 P.M. on Monday, May 23, 2016 in order to <br />avoid the $35.00 administrative fee. The owner may pay after the roll is certified Monday night, but <br />before the roll is forwarded to Ramsey County. In that case, they will pay the total due, including <br />the administrative fee. <br /> <br />The owner may prepay the assessment between May 24, 2016 and June 23, 2014 without paying <br />additional interest. After that, interest at the rate of 5.5% will accrue from May 23, 2016 through the <br />payment date. This interest rate and administrative fee were set by the City Council in Resolution <br />7135. <br /> <br />On or about June 30, 2016, we will forward the assessment roll to Ramsey County for collection <br />with the 2017 property taxes. <br /> <br /> <br />Respectfully submitted, <br /> <br /> <br />___________________________ <br />Mark Beer <br /> <br />