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MOU--N-DS <br /> i fE . TItem No: 024�/l��/ Meeting Date: October 15, 2024 <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: Gayle Bauman, Finance Director <br /> Item Title/Subject: Public Hearing to Receive Public Input and Pass Upon <br /> Resolution 9990 Adopting a Special Assessment Levy for <br /> Delinquent Public Utility Accounts <br /> A public hearing is scheduled for 6:00 P.M. or as soon thereafter to receive public input regarding <br /> the proposed assessment of delinquent public utility accounts. Individual notices of the meeting <br /> were sent by first class mail to the affected property owners on September 16, 2024. Attached is <br /> the current listing of unpaid accounts. These are accounts that were delinquent as of September <br /> 13, 2024. <br /> Some of the property owners already have paid or will pay the amount due by 5:00 P.M. on Monday, <br /> October 14, 2024 in order to avoid the $35.00 administrative fee. Others will pay after the roll is <br /> certified Tuesday night, but before the roll is forwarded to Ramsey County. In that case, they <br /> will pay the total due, including the administrative fee. <br /> Owners may prepay the assessment between October 15, 2024 and November 14, 2024 without <br /> paying additional interest. After that, interest at the rate of 5.5% will accrue from October 15, 2024 <br /> through the payment date. The interest rate and administrative fee were set by the City Council in <br /> Resolution 7135. <br /> On or about December 1, 2024, we will forward the assessment roll, minus any prepayments, to <br /> Ramsey County for collection with the 2025 property taxes. <br /> Respectfully submitted, <br /> Gayle Bauman <br /> Finance Director <br />