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HomeMy WebLinkAbout2024.11.18 RESO 2024-55 Deferred Assessment Dee Davis (Space above line reserved for recording information) RESOLUTION NO. 2024-55 RESOLUTION OF THE CITY OF HUGO, WASHINGTON COUNTY, MINNESOTA, AMENDING PROVISIONS OF DEFERRAL OF A SPECIAL ASSESSMENT PIN 31.031.21.34.0009 WHEREAS, the City Council adopted Resolution No. 2011-33 on October 3, 2011; and, WHEREAS, the City Council deems it advisable and in the best interest of the City of Hugo to amend the provisions of Resolution No. 2011-33 permitting a deferral of special assessments in connection with the property identified by Property Identification Number 31.031.21.34.0009,and owned by Be There, Inc. 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: l. 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 2024- 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 assessment shall not be subject to interest, and all interest accrued to the date of this resolution is hereby forgiven. 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 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 ted by the City Council for the City of Hugo this 18th day of November 20 Tom Weidt, Mayor ATTEST: Michele Lindau, City Clerk