Agenda Packets - 1985/10/28 - Laserfiche WebLink

Home Browse Search

26.21. IMPROVEMENTS AHANDUNED. 1 Subdivision 1. Cancellation of Assessments. When a local improvement prnpnsod to he made by the City is abandoned before it is completed to an extent sufficient to result in benefits equal to special assessments which have theretofore been levied for such improvement, the City shall notify the agency acting a� collecting agent for such special assessment, of such fact. Upon such notltication, all installments of such assessments and ,.,..roar thereon which ae not already collected orinthe process ,if collection shall fie ranrelled I,y Audi agz: y• -rein shall prevent the ('Ity tr,xn makings reassessmvnt nothing h of any amount not exceeding the special benefits which actually accrue from the improvement to part or all of the properties originally assessed, and nothing herein shall affect the obligations of the municipality to provide funds sufficient to pay any bonds issued to finance the improvement and the interest thereon. Subdivision 2. Refund of Assessments. The Council shall instruct the City Clerk to publish and mail notice as provided for in 26.10, Subdivision 1, describing the improvement wandpald stating that it has been abandoned and that any person any special assessments levied on account of such improvement may file a claim, wihtin six months following the date of publication of the notice, for refund of such assessments paid by together with any Interest he paid thereon. Failure to give o mailed notice or any defects in the notice, shall not invalidate the proceedings. The City is not required to, but mal, pay d claims filed after the period allowed, and it may require any claimant to furnish satisfactory evidence ou[tof monlesltntthe amounts claimed. Such claims may be pe.1d fund of the improvement which .as abandoned, unless obligations have been issued payahla therefrom, cr may be paid out of mor.ieF In the general lurid. Subdivision 3. Transfer of Assessments Not Cancelled or Refunded. Any such z;sessme:its not cancellWd_undei Subdivision I above, or not refunded under Subdivision 2 above, shall b transferred to the general fund or the puUl,c improvementto costsvcfg[henir.,provementeandnifhnoteheld in aldebttredemption pay fund. 26.22. TRANtiFF.R OF FUND! AFTER IMPROVEMcNTS CUMPLETED; REFUNDS. An,, monies now or hereafter remaining n a fund heretofore or hereafter created by the City for making one or more local improvements, after such improvement or Improvements have been completed and all claims against and obligations of said fund have been satisfied, shall be transferred to the general tund or the publ!c improvement revolving fund established in Chapter 20.02; provided that the Council may, in its discretion, authorize and direct the municipal treasurer to