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HomeMy WebLinkAboutRES 15-026 Adopting & Confirming Assessments for 2015 Street ProjectCITY OF SAINT ANTHONY VILLAGE STATE OF MINNESOTA RESOLUTION 15-026 A RESOLUTION ADOPTING AND CONFIRMING ASSESSMENTS FOR THE 2015 STREET AND UTILITY IMPROVEMENTS The amount proper and necessary to be specially assessed at this time for various public improvements is 35% (residential) and 50% (commercial) assessable as follows: First Year Years First Year Levy Collectible Assessed 15 2015 2016 $621,322.41 For improvements to the following: 1. Street and Utility Reconstruction 36" Avenue NE from Silver Lake Road to Highcrest Road Chelmsford Road from 36'h Avenue NE to 37`h Avenue NE 2. St. Anthony Boulevard Bituminous Mill & Overlay 3. Alleyway Surface and Drainage Improvements 4. Belden Drive Backyard Drainage Improvements against every assessable lot, piece, or parcel of land affected thereby has been duly calculated upon the basis of benefits, without regard to cash valuation, in accordance with the provisions of Minnesota Statutes, Chapter 429, and notice has been duly published, as required by law that this Council would meet to hear, consider and pass upon all objections, if any, and said proposed assessment has at all time since its filing been open for public inspection and an opportunity has been given to all interested persons to present their objections if any, to such proposed assessments. 2. This Council, having heard and considered all objections so presented, finds that each of the lots, pieces and parcels of land enumerated in the proposed assessment was and is specially benefited by the construction of said improvement in not less than the amount of the assessment set opposite the description of each such lot, piece and parcel of land respectively, and such amount so set out is hereby levied against each of the respective lots, pieces and parcels of land therein described. The proposed assessments are hereby adopted and confirmed as the proper special assessments for each of said lots, pieces and parcels of land respectively, and the assessment against each parcel, together with interest at the rate calculated at 2% over the interest cost per annum on the bonds to be issued by the City for said improvement, accruing on the full amount thereof unpaid, shall be a lien concurrent with general taxes upon parcel and all thereof. The total amount of each such assessment not pre -paid shall be payable in equal annual principal installments extending over a period of years, as indicated in each case. The first of said installments, together with interest on the entire assessment for the period of January 1, 2015 through December 31, 2015 will be payable with general taxes for the levy year of 2015 collectible in 2016, and one of each of the remaining installments, together with one year's interest on that and all other unpaid installments, will be payable with general taxes for each consecutive year thereafter until the entire assessment is paid. 4. The owner of any property so assessed may, at any time prior to certification, make payments (partial or full) towards the balance owed. The owner may, at any time after certification, pay the whole of the assessment, with interest accrued to the date of payment, except that no interest be charged if the entire assessment is paid by November 301h of the assessment year. The City Clerk shall, as soon as may be, prepare and transmit to the County Auditor a certified duplicate of the assessment roll, with each installment and interest on each unpaid assessment set forth separately, to be extended upon the property tax lists of the County and the County Auditor shall thereafter collect said assessment in the manner provided by law. Adopted this day of 12015. Jerome O. Faust, Mayor ATTEST: Barbara J. SLICIU, 04 Clerk Reviewed for administration: IP4 l 1 Mark Casey, City Manager W ICouncil Meetings\2015\03102015\Resolution 15-xxx -Adopting Confirming Assessments.docx