HomeMy WebLinkAbout2011.10.03 RESO 2011-33(Space above line reserved for recording information)
RESOLUTION NO. 2011- 33
RESOLUTION OF THE CITY OF HUGO,
WASHINGTON COUNTY, MINNESOTA,
APPROVING DEFERRAL OF A SPECIAL ASSESSMENT
PIN 31.031.21.34.0009
WHEREAS, the City Council deems it advisable and in the best interest of the City of
Hugo to permit a deferral of special assessments in connection with the property identified by
Property Identification Number 31.031.21.34.0009, and owned by Dee Davis per Washington
County property records; and,
WHEREAS, the special assessment policy of the City of Hugo permits the deferral of
assessments for unimproved property; and,
WHEREAS, the property identified by Property Identification Number
31.031.21.34.0009 is currently considered unimproved property.
NOW, THEREFORE, IT IS HEREBY RESOLVED by the City Council of the City of
Hugo that the following assessment shall be deferred:
1. Assessment Amount. The present total of the assessments related to the South
Ethan Avenue improvement project for the subject property are $17,817.38.
2. Improvements to the property include. provision of street access, sanitary sewer
and water service; however, the property is unimproved and therefore eligible for a deferment.
' Resolution 2011-33
3. Accordingly, the City approves a deferment of the assessment for the subject
property until such time as the property is improved through the construction of a dwelling.
4. Interest on Deferred Assessment. The deferred special interest shall be subject to
and charged simple interest at the rate of 4.27%, and said interest shall be payable upon
termination of the deferral status.
5. Termination of Deferral Status. The deferral of the assessment shall end upon the
improvement of the parcel and the assessment be payable in full, including interest, at the time
the improvement is approved through City Council action or with the approval of a building
permit.
WHEREUPON, said Resolution was declared duly passed and adopted by the City
Council for the City of Hugo this 3rd day of October, 2011.
ran iron, Mayor
ATTEST:
r
Michele Lindau, City Clerk
Drafted by.-
David
y.David K. Snyder
Eckberg, Lammers, Briggs, Wolff & Yierling, P.L.L.P.
1809 Northwestern Avenue
Stillwater, MN 55082
(651) 439-2878
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