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HomeMy WebLinkAboutResolution 8624 RESOLUTION NO. 8624 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA Adopting a Special Assessment Levy for Private Improvements in Area I of the Street and Utility Improvement Program WHEREAS, the City has received signed petition and waiver agreements from individual property owners agreeing to the proposed assessments in the attached assessment roll for private improvements in conjunction with the Area I Street and Utility Improvement Project area. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Mounds View approves the following: 1. Such proposed assessment roll, a copy of which is attached hereto and made a part hereof, is accepted and shall constitute a special assessment against the lands named therein, and each tract of land therein is hereby found to be benefited by the private improvement in the amount of the assessment levied against it. 2. The assessments as adopted and confirmed shall be payable in equal annual installments over a period of one (1) year if less than $1,000 and five (5) years if greater than $1,000, the first of the installments to be payable on or before the first Monday in January 2017, and shall bear interest at the rate of five and one half (5.5) percent per annum from September 12, 2016. To the first installment shall be added interest on the entire assessment from September 12, 2016 through December 31, 2017. To each subsequent installment when due shall be added interest for one year on all unpaid installments. 3. The owner of any property so assessed may at any time prior to the certification of the assessments to the County Auditor pay the whole of the assessment, with interest accrued to the date of payment, to the City Treasurer, except that no interest shall be charged if the entire assessment is paid within 30 days from the adoption of this resolution; and the owner may, at any time thereafter, pay to the City Treasurer the entire amount of the assessment, with interest from the date of adoption of this resolution through the date of payment, such payment must be made before September 30, 2015, or interest will be charged through December of the succeeding year. 4. The City Administrator shall forthwith transmit a certified duplicate of this assessment to the County Auditor to be extended on the property tax lists of the county, and such assessments shall be collected and paid over in the same manner as other municipal taxes. Adopted this 12th Day of September 2016. oe Flaherty, May ATTEST: ff LJGIi1'V1. James Ericson, City Administrator (SEAL) City of Mounds View Private Improvement Program Certify 16 for Pay 17 Resolution 8624 59201704 Five year assessments Interest rate 5.5% PIN OWNER OWNER2 Address CITY STATE ZIP ASSESSED AMOUNT 053023430006 David Svea Amy A Svea 2220 Hillview Road Mounds View MN 55112 4,235.00 053023430029 John D Otto Kara A Otto 2199 Oakwood Drive Mounds View MN 55112 4,235.00 053023430067 Arlene J Groves 2206 Terrace Drive Mounds View MN 55112 4,235.00 053023440045 Douglas B Cossette Karen L Cossette 2153 Terrace Drive Mounds View MN 55112 4,235.00 053023440042 Dennis R Erickson 2175 Terrace Drive Mounds View MN 55112 4,235.00 21,175.00