2017.09.05 RESO 2017-31 North Sunset Lake Project Hearing

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lit City of fHugo 14669 Fitzgerald Avenue North Hugo, MN 55038 (651) 762-6300 www.ci.hugo.mn.us Notice of Public Hearing on Proposed Assessments North Sunset Lake Area Street Improvement Project To Whom It May Concern: Notice is hereby given that the City Council will meet at 7:00 p.m. on Monday, October 2, 2017, at City Hall to consider, and possibly adopt, the proposed assessment against benefitting property for the North Sunset Lake Area Street Improvement Project. Adoption by the City Council of the proposed assessment may occur at the hearing. The amount to be specially assessed against your particular lot, piece, or parcel of land is identified on the attached Assessment Roll dated September 5, 2017. Such assessment is proposed to be payable in equal annual installments extending over a period of 10 years, the first of the installments to be payable on or before the first Monday in January, 2018, and will bear interest at the rate of 4.270% per annum from the date of the adoption of the assessment resolution. To the first installment shall be added interest on the entire assessment from the date of the assessment resolution until December 31, 2018. To each subsequent installment when due shall be added interest for one year on all unpaid installments. A property owner may at any time prior to certification of the assessment to the county auditor, pay the entire assessment on such property, with interest accrued to the date of payment, to the City of Hugo. No interest shall be charged if the entire assessment is paid within 30 days from the adoption of this assessment. A property owner may at any time thereafter, pay to the City of Hugo the entire amount of the assessment remaining unpaid, with interest accrued to December 31 of the year in which such payment is made. Such payment must be made before November 15 or interest will be charged through December 31 of the succeeding year. If a property owner decides not prepay the assessment before the date given above the rate of interest that will apply is 4.270% per year. The right to partially prepay the assessment is not available. Written or oral objections will be considered at the meeting. No appeal may be taken as to the amount of an assessment unless a written objection signed by the affected property owner is filed with the City Clerk prior to the assessment hearing or presented to the presiding officer at the hearing. The City Council may upon such notice consider any objection to the amount of a proposed individual assessment at an adjourned meeting upon such further notice to the affected property owners as it deems advisable. An owner may appeal an assessment to district court pursuant to Minn. Stat. 429.081 by serving notice of the appeal upon the Mayor or City Clerk within 30 days after the adoption of the assessment and filing such notice with the district court within ten days after service upon the Mayor or City Clerk.