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RESOLUTION NO. 2022 -65 <br /> RESOLUTION ADOPTING ASSESSMENTS FOR THE <br /> 2022 ONEKA PARKWAY IMPROVEMENTS <br /> WHEREAS,pursuant to proper notice duly given as required by law,the council has met and heard and <br /> passed upon all objections to the proposed assessment against abutting property generally located ALONG <br /> Oneka Parkway from Heritage Parkway to CSAH 8 (Frenchman Road). <br /> The improvements include mill and overlay of the existing pavement section of Oneka Parkway from <br /> Frenchman Road(CSAH 8)to 149th Street,reconstruct the section of Oneka Parkway from 149th Street to <br /> Heritage Parkway,construct turn lane improvements on Oneka Parkway from Frenchman Road(CSAH 8)to <br /> approximately 400 feet south,and construct a traffic signal at the intersection of Oneka Parkway and <br /> Frenchman Road(CSAH 8). <br /> NOW,THEREFORE,IT BE RESOLVED,by the City Council of the City of Hugo,Minnesota,as follows: <br /> 1. Such assessment,a copy of which is attached hereto and made a part hereof,is hereby accepted and <br /> shall constitute the special assessment against the lands named therein,and each tract of land therein <br /> included is hereby found to be benefited by the proposed improvement in the amount of the <br /> assessment levied against it. <br /> 2. Such assessment shall be payable in equal annual installments extending over a period of 5 years,the <br /> first of the installments to be payable on or before the first Monday in January 2023 and shall bear <br /> interest at the rate of 4.25 percent per annum from the date of the adoption of this assessment <br /> resolution. To the first installment shall be added interest on the entire assessment from the date of <br /> this resolution until December 31,2023. To each subsequent installment when due shall be added <br /> interest for one year on all unpaid installments. <br /> 3. The owner of any property so assessed may,at any time prior to certification of the assessment to the <br /> county auditor,pay the whole of the assessment on such property,with interest accrued to the date of <br /> payment,to the city finance director,except that no interest shall be charged if the entire assessment is <br /> paid within 30 days from the adoption of this resolution;and the owner may,at any time thereafter, <br /> pay to the city finance director the entire amount of the assessment remaining unpaid,with interest <br /> accrued to December 31 of the year in which such payment is made. Such payment must be made <br /> before November 15 or interest will be charged through December 31 of the next succeeding year. <br /> 4. The city clerk shall forthwith transmit a certified duplicate of this assessment to the county auditor to <br /> be extended on the property tax lists of the county. Such assessments shall be collected and paid over <br /> in the same manner as other municipal taxes. <br /> Upon roll call,the following members voting AYE:Klein,Miron,Petryk, Strub,Weidt <br /> Upon roll call,the following members voting NAY: None <br /> Whereupon said resolution was declared passed and adopted this 3rd day of Octobe 2 . <br /> Tom Wei t,Mayor <br /> ATTEST: , <br /> Michele Lindau,City Clerk <br />