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MOUN-DS V <br /> Item No: 09 Meeting Date: October 26, 2009 <br /> Type of Business: Council Business <br /> Administrator Review: <br /> City or Mounds View Staff Report <br /> To: Honorable Mayor and City Council <br /> From: Mark Beer, Finance Director <br /> Item Title/Subject: Resolution 7515 Adopting a Special Assessment Levy for Unpaid <br /> Administrative Offense Fines <br /> A public hearing is not required by charter for administrative offense fines, notice must be sent 30 <br /> days prior to certification by first class mail. Notice was mailed to the affected property owner on <br /> September 25tn <br /> The property owner may pay the amount due by 4:30 P.M. on Monday, October 26, 2009 in order to <br /> avoid the $35.00 administrative fee. The owner may prepay the assessment between October 27, <br /> 2009 and November 26, 2009 without paying additional interest. After that, interest at the rate of <br /> 5.50% will accrue from October 26, 2009 through the payment date. This interest rate and <br /> administrative fee were set by the City Council in Resolution 7135. <br /> On or after November 26, 2009, we will forward the assessment roll to Ramsey County for collection <br /> with the 2010 property taxes. <br /> Respectfully submitted, <br /> Mark Beer <br />